Rubrik Inc., a cybersecurity software startup, made its highly anticipated debut on the New York Stock Exchange (NYSE) with CEO, Chairman & Co-Founder Bipul Sinha ringing the opening bell. The company’s shares opened at $38.60 per share, well above the initial public offering (IPO) price of $32 per share. The IPO raised an impressive $752 million, giving Rubrik a valuation of $5.6 billion. Despite reporting a $354 million net loss in the latest fiscal year, the company has shifted its focus to generating revenue from subscriptions, with 91% of its revenue now coming from this source. One of the key…
Author: Robert Gill
In a stunning turn of events, Liverpool has fallen out of the Premier League title race after a devastating loss to Everton in the Merseyside Derby. Goals by Jarrad Branthwaite and Dominic Calvert-Lewin sealed Everton’s first home derby win since 2010, leaving Liverpool three points off the top spot with only four games left to play. Liverpool manager Jurgen Klopp admitted that his team now needs a “crisis” at Arsenal and Manchester City to revive their dwindling title hopes. The defeat was particularly hard to swallow for Liverpool fans, as Everton supporters taunted them with chants of “You lost the…
The TWA Hotel recently played host to an event that showcased the lighter side of consumer electronics and hardware, with the launch of the highly-anticipated Rabbit R1 stealing the show. The event, which featured a DeLorean adorned with Rabbit branding, saw the company exceed its sales expectations by a staggering 20 times within just 24 hours of the R1 hitting the market. Designed by Teenage Engineering, the Rabbit R1 comes with a touchscreen and a wallet-friendly price tag of $199, making it a more accessible option compared to Humane’s Ai Pin. The R1 places a strong emphasis on industrial design,…
A new study published in the journal Circulation: Arrhythmia and Electrophysiology has warned about the increasing prevalence of atrial fibrillation (A-Fib) among middle-aged individuals. Researchers at the University of Pittsburgh Medical Center (UPMC) found that more than a quarter of A-Fib patients treated at the center in the past decade were under the age of 65, which is significantly higher than the commonly estimated 2% prevalence of A-Fib among non-seniors. The study, which analyzed electronic health records of over 67,000 UPMC patients with A-Fib between 2010 and 2019, revealed that younger patients with the condition faced a higher risk of…
Francis Ford Coppola’s highly anticipated film “Megalopolis” is making headlines as it gears up for its premiere at the prestigious Cannes Film Festival. Despite its high budget, the film is on the verge of being sold to a French distributor, Le Pacte. Negotiations are currently underway, but there are concerns about whether the distributor will be willing to commit to the necessary marketing and distribution expenses. Coppola’s lawyer has been reaching out to studios and streamers in hopes of securing a lucrative deal, but so far, no major studio has stepped up to the plate. One of the main sticking…
Anker and Best Buy Offering Deals on Charging Stations and MacBook Air Models Tech enthusiasts are in for a treat as Anker’s Qi2-certified MagGo Magnetic Charging Station (8-in-1) is currently on sale for $69.99 until April 28th. This innovative charging station is capable of charging MagSafe-equipped iPhones at up to 15W and can also charge up to seven other devices simultaneously. In addition to this exciting deal, Best Buy is also offering a special promotion on the M3-powered 13-inch MacBook Air lineup, with the base model starting at $999 after a $100 discount. The new MacBook Air 13 features MagSafe…
The highly anticipated trailer for Deadpool & Wolverine has left fans buzzing with excitement as they dissect the plethora of Easter eggs and references hidden throughout. From subtle nods to iconic moments in the comics to playful winks at pop culture, the trailer is a treasure trove for diehard fans to decipher and theorize about. One of the most surprising Easter eggs in the trailer involves the iconic song ‘Like a Prayer’ by Madonna. Fans were quick to notice that the song was playing in the background of a key scene, sparking speculation about its significance. Interestingly, it was revealed…
The US Federal Trade Commission (FTC) is taking legal action to prevent Coach parent company Tapestry from acquiring Michael Kors owner Capri in an $8.5 billion deal. The FTC is concerned that the merger could stifle competition in the fashion industry and ultimately harm consumers. This move comes as US lawmakers are calling for stricter oversight of major mergers and acquisitions that could impact market prices. In December, antitrust enforcers in the US released new merger guidelines aimed at promoting fair and competitive markets. The FTC argues that the proposed deal between Tapestry and Capri could eliminate competition in several…
Legendary rocker Ozzy Osbourne is set to take the stage once again, this time at the Rock and Roll Hall of Fame induction ceremony in October. The Prince of Darkness will be honored as a solo artist in 2024, marking his second induction into the prestigious institution. Expressing his excitement about the upcoming ceremony, Ozzy reflected on the significance of his solo career in his overall musical journey. While he did not confirm if he will perform at the event, the iconic musician did mention feeling inspired to create new music and hinted at working on a new album soon.…
NASA’s Mars Sample Return mission is facing challenges as an independent review board has been critical of its budget and mission design. The Jet Propulsion Lab, tasked with leading the mission, has been forced to lay off 530 employees due to budget cuts. In response to these challenges, NASA is now seeking proposals from the private space industry for innovative designs to salvage the mission. SpaceX’s Starship spacecraft has been suggested as a potential solution, with CEO Elon Musk believing that the spacecraft could return Martian samples within five years. The Planetary Society adviser also sees potential for the Starship…