Rubrik prices IPO at $32 per share, above the expected range
Rubrik, a data-management software company backed by Microsoft, priced its IPO at $32 a share, according to a person familiar with the matter. That's above its expected range.
Jordan Novet in asian news
IBM to acquire HashiCorp in $6.4 billion deal, reports another revenue miss
IBM shares slipped as much as 9% in extended trading Wednesday after the hardware, software and consulting provider said it would acquire cloud software maker HashiCorp and reported first-quarter revenue that was lower than analysts had predicted.
HashiCorp shares spike on report that IBM is in talks to buy the cloud software maker
HashiCorp shares jumped as much as 26% on Tuesday following a media report claiming IBM was in talks to acquire the cloud software maker.
Apple says App Store and other services are back online after an outage
Apple on Wednesday said it had fixed an outage for its App Store on iOS and MacOS devices.
Rubrik files to go public as tech companies see thawing of IPO market
Rubrik, a nine-year-old data security software vendor, filed to go public on Monday, the latest venture-backed company to move toward the public market after an extended lull dating back to late 2021.
Microsoft picks company veteran Pavan Davuluri to lead Windows and Surface
Microsoft said Monday it has selected company veteran Pavan Davuluri to lead its Windows operating system and Surface devices teams.
Microsoft hires DeepMind co-founder Mustafa Suleyman as CEO of new AI unit
Microsoft said Tuesday it has hired Mustafa Suleyman, a co-founder of artificial intelligence startup DeepMind that Google acquired in 2014, to lead Copilot AI initiatives. Suleyman will become an executive vice president and CEO of Microsoft AI, reporting to CEO Satya Nadella.
Adobe shares slip 10% on soft sales forecast
Adobe shares tumbled as much as 11% in extended trading Thursday after the design software maker issued strong fiscal first-quarter results but came up slightly short on quarterly revenue guidance.