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Bibhu Pattnaik

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Job Postings By Shoe Company Allbirds Suggest IPO Afoot

By Bibhu Pattnaik
April 18, 1:52 PM
Allbirds Inc, the San Francisco-based sustainable footwear and apparel brand, has been rumored to be heading towards an IPO. It now may be inching its way closer, if its recent job postings are any indication.
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Adobe Co-Founder And Developer Of PDFs Charles Geschke Dies At Age 81

By Bibhu Pattnaik
April 18, 11:28 AM
Charles Geschke, the co-founder of Adobe Inc. (NASDAQ: ADBE) who helped develop Portable Document Format technology — the PDF — died at age 81 on Friday in California.
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Bitcoin Plunges, Taking Other Cryptocurrencies With It

By Bibhu Pattnaik
April 18, 9:44 AM
After reaching a record a few days ago, Bitcoin is dropping, along with other popular cryptocurrencies. Here are some of the latest numbers:
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Jack Ma May Be Divesting His Stake In Ant Group, Giving Up Control: Reuters

By Bibhu Pattnaik
April 17, 3:18 PM
Ant Group along with Chinese regulators reportedly are working out a way forward for the company and exploring ways for Jack Ma to exit. 
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Peloton Fights Federal Safety Recall Request Over Treadmill Linked To Child’s Death

By Bibhu Pattnaik
April 17, 12:45 PM
Peloton is under federal pressure to recall its Tread+ machine after one child died and other customers were injured last month. 
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GameStop Investor Keith Gill Doubles Stake To 200,000 Shares, Worth $31 Million

By Bibhu Pattnaik
April 17, 11:12 AM
On Friday, Keith Gill exercised his 500 GameStop call options to get 50,000 more shares at a strike price of $12, which is less than a tenth of the current stock price.

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