The Echoes of 2007 Are Starting to Become Louder: Credit Weekly
Massive leveraged buyouts. An ever-growing pile of risky debt. Early signs that subprime consumers are falling behind. It…
The AI Boom Needs a Market for Compute, Just Like Oil and Spectrum
There’s money — really big money — in selling compute, the processing power driving the AI revolution. Hyperscaler…
Rich People Feel Pretty Good Right Now – Bloomberg.com
Rich People Feel Pretty Good Right Now Bloomberg.comThe Wealthy Are Keeping the U.S. Economy Alive—For Now inklNearly half of U.S.…
Bristol to Sell 80% Off Psoriasis Pill After Trump Demand
Bristol Myers Squibb Co. will sell its pill for psoriasis directly to cash-paying patients at a more than…
Kimmel Return Teaches Bob Iger a Hard Lesson About Trump Administration
Other than Jimmy Kimmel himself, the only person who had as much to gain or lose on Tuesday…
Big Pharma Forces Britain to Take Its Medicine
Global drugmakers including Merck & Co., Eli Lilly & Co. and AstraZeneca Plc are pausing or canceling investments…
VCs Are Scrambling for a Piece of AI Darlings Like Anthropic, Cursor, Cognition
Raising venture capital money has been a breeze for Decagon AI Inc., a two-year-old startup developing artificial intelligence…
Nintendo’s Switch 2 Sales Boom Fails to Ease Game Developers’ Gloom
Welcome to Tech In Depth, our daily newsletter about the business of tech from Bloomberg’s journalists around the…
The End of Jimmy Kimmel at ABC – Bloomberg.com
The End of Jimmy Kimmel at ABC Bloomberg.comFCC Chair Carr says ‘we’re not done yet’ after Jimmy Kimmel suspension…
Microsoft to Put More Computing Power Behind In-House AI Models
Microsoft Corp. plans to expand its physical infrastructure to train its own artificial intelligence models that it hopes…
Does Online Ketamine Therapy Work? Safety Questions About Mental Health Trend
At first glance, it seems no substance better assuages the anxieties of our accelerationist era than ketamine. The…
British Startup Oxford Quantum Installs Manhattan’s First Quantum Computer
A British startup has installed New York City’s first quantum computer at a data center in Manhattan. Oxford…