The following are the top stories on the business pages of British newspapers. - Britain's competition watchdog is canvassing views on whether partnerships between Microsoft and Mistral, and Amazon and Anthropic, as well as Microsoft's hiring of key figures from Inflection AI, could count as mergers or harm competition. - Ryanair has demanded that the EU reform its skies after the airline was forced to cancel more than 300 flights across Europe scheduled for Thursday because of a strike by French air traffic controllers.
Rubrik, the cybersecurity software startup that counts Microsoft among its investors, on Wednesday priced its initial public offering at $32 per share, above its indicated price range. Rubrik upsized its IPO to raise $752 million after selling 23.5 million shares, the company said in a statement. This confirmed an earlier Reuters report about the offering details.
(Bloomberg) -- Cybersecurity firm Rubrik Inc., a cloud and data security startup backed by Microsoft Corp., is raising $736 million in its initial public offering priced above a marketed range, according to a person familiar with the matter.Most Read from BloombergBiden’s Gains Against Trump Vanish on Deep Economic Pessimism, Poll ShowsTaylor Swift Is Proof That How We Critique Music Is BrokenZuckerberg Asks for Patience After Meta’s AI Push Irks InvestorsTech Giants Hit in Late Hours After Meta