Business Quantinuum Files for US IPO Amid Quantum Computing Buzz
Quantinuum, the Honeywell-backed quantum computing firm, has filed for a US IPO, riding a wave of enthusiasm for the emerging technology sector.
Business Carlyle Research Head Sees Massive AI Productivity Boost Ahead
Carlyle Group's Jason Thomas predicts enormous AI-driven productivity gains ahead, while calling US market valuations attractive for investors at the Milken Institute conference.
Business Chip Stocks Drive Wall Street to New Peaks
A surge in chip stocks propelled Wall Street indexes to record highs on May 8, 2026, as analyzed in Bloomberg's closing bell coverage with industry leaders.
Business Sony Books $560 Million Impairment on Bungie Buyout as Key Titles Falter
Sony records a $560 million impairment on its Bungie acquisition as Marathon and Destiny 2 underperform, highlighting risks in gaming live-service strategies.
AI Three Mile Island Nuclear Plant to Restart for AI Electricity Demand
Three Mile Island, site of the 1979 U.S. nuclear accident, plans to restart by mid-2027 to supply electricity for AI chatbots and applications amid rising power demands.
Business 404 Media Opens Up on Storage Headaches, RSS Struggles, and a Major Investigation
404 Media's latest behind-the-scenes post details storage challenges, RSS maintenance, and an upcoming major reporting project in digital journalism.
Software Microsoft's Edge Teases a Game-Changing Browsing Upgrade
Microsoft's next Edge feature aims to enhance web browsing for millions of users, potentially boosting efficiency in daily online tasks.
Business University Threatens Legal Action Over Water Denial for Nuclear Weapons Data Center
The University of Michigan threatens legal action against a Michigan township for denying water to a nuclear weapons data center, claiming discrimination against data infrastructure.
Business Stratechery's Weekly Roundup Dives into Big Tech Earnings and Beyond
Stratechery's May 2026 weekly roundup analyzes Big Tech's Q1 earnings, a chat with Joanna Stern, and draws parallels to the Boston Celtics' strategic decisions.
Business AI Investor Frenzy Boosts Swiss Optical Stocks
European investors chasing AI opportunities have driven sharp gains in shares of two Swiss optical component makers this week.
AI ‘Peak Euphoria’ Grips Small Companies Chasing AI Hype
A small pharmaceutical company facing Nasdaq delisting rebrands as AI-focused in two months, briefly boosting its share price amid peak AI euphoria.
Business Chip Stocks Drive US Futures Gains as Iran Ceasefire Persists
US stock futures climbed Friday, led by semiconductor stocks ahead of a payrolls report expected to show modest hiring gains, while oil prices stabilized amid a holding Iran ceasefire despite Strait of Hormuz clashes.
AI Perplexity Launches Mac App, Expands AI Agent Access Beyond Max Tier
Perplexity's new Mac app integrates its hybrid AI agent Personal Computer, now accessible to Pro and Enterprise subscribers beyond the Max tier, for enhanced local-cloud workflows on macOS.
Security Canvas Restored After ShinyHunters Breach Exposes Student Data
Instructure's Canvas learning platform is back online after ShinyHunters hacked it and threatened to leak student data from multiple schools unless contacted for resolution.
Security Canvas Hack Forces Shutdown of Major Education Platform, Disrupting Thousands of Schools
Thousands of US schools lost access to the Canvas platform after Instructure shut it down due to a breach by ShinyHunters hackers, in a fresh take on ransomware tactics.
Business Baidu's AI Chip Arm Kunlunxin Plans Dual Listings in Shanghai and Hong Kong
Baidu's chip unit Kunlunxin plans IPOs on Shanghai's STAR Market and Hong Kong's exchange to tap investor interest in AI semiconductors.
Business TSMC Posts 17.5% Sales Jump as AI Infrastructure Spending Persists
TSMC's 17.5% sales growth in April highlights ongoing AI infrastructure investments by hyperscalers, signaling a sustained boom in chip demand.
AI Perplexity Expands AI Assistant Access with New Mac App
Perplexity launches a Mac app integrating its Personal Computer AI, expanding access from Max subscribers to Pro and Enterprise users for hybrid local-cloud workflows.
Security Canvas LMS Suffers Outage After ShinyHunters Breach Claim
Instructure's Canvas platform is offline after hackers from ShinyHunters claimed a data breach and threatened to leak student information from affected schools.
Security Meta Supports Canada's Bill C-22 in Committee Testimony
Meta testified before a Canadian parliamentary committee in support of Bill C-22, emphasizing its commitment to user safety and aiding law enforcement access.
Security Columbia and Stanford Hit by Canvas Platform Outage Tied to Cyber Incident
A cybersecurity incident disrupted the Canvas online learning platform, causing widespread outages at US universities including Columbia and Stanford.