There is a terrifying and highly effective "method" that criminal hackers are now using to harvest sensitive customer data from Internet service providers, phone companies and social media firms. It involves compromising email accounts and websites tied to police departments…
Microsoft and identity management platform Okta both disclosed this week breaches involving LAPSUS$, a relatively new cybercrime group that specializes in stealing data from big companies and threatening to publish the information unless a ransom demand is paid. Here's a…
Utah Business
On April 20, 2021, Recursion Pharmaceuticals, Inc. of Salt Lake City announced the closing of its initial public offering of 27,878,787 shares of its Class A common stock at a price to the public at $18.00 per share, a price at the top end of its expected pricing range. Recursion shares began trading on the Nasdaq Global Select Market on Friday, April 16, 2021 under the symbol “RXRX.” That day the share price surged, rising as much as 82 percent. In the past week Recursion shares have fluctuated between $25 and $35 per share, well above the $18 debut price. The offering has generated over $460 million for the company net of expenses.