logo
Zscaler names Kevin Rubin as CFO

Zscaler names Kevin Rubin as CFO

Reuters29-05-2025

May 29 (Reuters) - Zscaler (ZS.O), opens new tab named Kevin Rubin as its chief financial officer and beat Wall Street estimates for third-quarter revenue on Thursday, as businesses spend more on cybersecurity networking solutions to combat sophisticated online threats.
For the third quarter, ended April 30, Zscaler posted revenue of $678 million, compared with the analysts' average estimate of $666.4 million, according to data compiled by LSEG.

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

iOS 26: The Ultimate Upgrade for Your Apple Device
iOS 26: The Ultimate Upgrade for Your Apple Device

Geeky Gadgets

time28 minutes ago

  • Geeky Gadgets

iOS 26: The Ultimate Upgrade for Your Apple Device

Apple's iOS 26 introduces a wide array of features and improvements aimed at enhancing your mobile experience. With a focus on functionality, performance, and compatibility, this latest iteration builds on the strengths of its predecessors while addressing user needs with precision. From a redesigned interface to advanced privacy measures, iOS 26 offers a well-rounded update for both seasoned Apple users and newcomers to the ecosystem. The video below from iDB gives is another look at the new iOS 26. Watch this video on YouTube. Key Features and Updates iOS 26 brings a variety of updates designed to improve usability, productivity, and accessibility. These enhancements reflect Apple's commitment to creating a seamless and inclusive user experience. Some of the most notable features include: Advanced multitasking: New tools simplify switching between apps, allowing you to manage tasks more efficiently and stay organized. New tools simplify switching between apps, allowing you to manage tasks more efficiently and stay organized. Redesigned notifications: A cleaner, more interactive notification system ensures you can quickly access important information without unnecessary distractions. A cleaner, more interactive notification system ensures you can quickly access important information without unnecessary distractions. Enhanced widgets: Widgets now offer greater interactivity, allowing you to perform actions and access real-time updates directly from your home screen. Widgets now offer greater interactivity, allowing you to perform actions and access real-time updates directly from your home screen. New accessibility tools: Features like improved voice control, customizable display options, and enhanced assistive technologies ensure inclusivity for all users. These updates are crafted to make your device more intuitive and adaptable, catering to a wide range of user preferences and needs. A Cleaner, More Intuitive Interface The user interface in iOS 26 has been thoughtfully redesigned to enhance navigation and usability. These changes aim to provide a more seamless and enjoyable experience for users: Streamlined gestures: Navigation gestures are now more responsive, making it easier to interact with your device and access key features. Navigation gestures are now more responsive, making it easier to interact with your device and access key features. Updated Control Center: Frequently used settings are now more accessible, reducing the time spent searching for options and improving overall efficiency. Frequently used settings are now more accessible, reducing the time spent searching for options and improving overall efficiency. Modern aesthetics: The refreshed design balances innovation with familiarity, offering a visually appealing yet consistent user experience. These refinements ensure that whether you're customizing your settings or browsing apps, the interface feels intuitive and user-friendly. Performance and Efficiency Enhancements Performance remains a cornerstone of iOS 26, with improvements that enhance speed, efficiency, and reliability. These updates ensure your device can handle demanding tasks with ease: Faster app launches: Applications open more quickly, reducing wait times and improving overall productivity. Applications open more quickly, reducing wait times and improving overall productivity. Smoother animations: Transitions and interactions feel more fluid, contributing to a polished and responsive user experience. Transitions and interactions feel more fluid, contributing to a polished and responsive user experience. Improved battery efficiency: Optimized resource management extends battery life, even during intensive usage such as gaming or multitasking. These advancements ensure that your device performs at its best, whether you're working, streaming, or simply browsing. Privacy and Security at the Core Apple continues to prioritize user privacy and security with iOS 26, introducing features that give you greater control over your data and protect against modern threats. Key updates include: Expanded app tracking transparency: Gain deeper insights into how apps use your data and easily manage permissions to maintain control over your personal information. Gain deeper insights into how apps use your data and easily manage permissions to maintain control over your personal information. Privacy Dashboard: A centralized hub provides a clear overview of data access and permissions, empowering you to make informed decisions about your privacy settings. A centralized hub provides a clear overview of data access and permissions, empowering you to make informed decisions about your privacy settings. Advanced encryption protocols: Enhanced encryption ensures that your data remains secure during both transmission and storage. Enhanced encryption ensures that your data remains secure during both transmission and storage. Real-time threat detection: New systems actively identify and mitigate potential vulnerabilities, keeping your device protected against emerging threats. New systems actively identify and mitigate potential vulnerabilities, keeping your device protected against emerging threats. Improved biometric authentication: Face ID and Touch ID are now faster and more reliable, offering seamless and secure access to your device. These updates underscore Apple's dedication to safeguarding your personal information in an increasingly data-driven world. Broad Compatibility and System-Wide Optimizations iOS 26 is designed to work across a wide range of Apple devices, making sure that both newer and older models can benefit from its features. Apple has optimized the operating system to deliver a smooth experience even on older hardware, reflecting its commitment to supporting a diverse user base. Additionally, system-wide enhancements contribute to improved stability and functionality: Refined background processes: Reduced resource consumption ensures smoother multitasking and overall operation. Reduced resource consumption ensures smoother multitasking and overall operation. Core app improvements: Updates to built-in apps like Safari and Mail enhance usability, speed, and efficiency. These optimizations ensure that iOS 26 delivers a reliable and enjoyable experience, regardless of the device you use. Why iOS 26 Stands Out iOS 26 represents a thoughtful evolution of Apple's mobile operating system, combining a refined user interface with robust performance, privacy, and security enhancements. Its new features, broad compatibility, and system-wide improvements make it a compelling upgrade for users seeking a more intuitive and efficient device experience. Whether your focus is on productivity, security, or usability, iOS 26 delivers a comprehensive update that caters to a diverse range of needs. Take a look at other insightful guides from our broad collection that might capture your interest in iOS 26 features. Source & Image Credit: iDB Filed Under: Apple, Apple iPhone, Top News Latest Geeky Gadgets Deals Disclosure: Some of our articles include affiliate links. If you buy something through one of these links, Geeky Gadgets may earn an affiliate commission. Learn about our Disclosure Policy.

Private market push in focus as BlackRock hosts investor day
Private market push in focus as BlackRock hosts investor day

Reuters

time35 minutes ago

  • Reuters

Private market push in focus as BlackRock hosts investor day

NEW YORK, June 12 (Reuters) - BlackRock (BLK.N), opens new tab will hold an investor day on Thursday that is expected to provide insight into the asset management firm's strategic priorities and its growing focus on private markets. The world's largest asset manager, overseeing $11.58 trillion as of the end of the first quarter, last year expanded its presence in private markets through a series of acquisitions that BlackRock's boss Larry Fink said were transformational for the New York-based firm. BlackRock spent about $25 billion in 2024 on infrastructure investment fund Global Infrastructure Partners and private credit business HPS Investment Partners. It also struck a $3.2 billion deal to acquire UK data provider Preqin. That acquisition officially closed in March this year. "I think investors are going to want more granular details and more color on BlackRock's strategy to increase exposure to alternative assets," said Cathy Seifert, an analyst at CFRA Research who covers BlackRock. BlackRock declined to comment on the focus of its investor day. Private assets generate significantly higher fees than exchange-traded funds (ETFs), a core part of BlackRock's business through its iShares franchise. In his 2025 annual chairman's letter to shareholders, BlackRock's Chairman and CEO Fink said protectionism had returned with force as a result of a wealth divide that could be countered by offering more investors access to high-return private markets such as infrastructure and private credit. Ben Budish, an analyst at Barclays, said he expected updates from the company on potentially creating indexes based on private markets after the acquisition of private markets data provider Preqin. "Looking at what BlackRock did with iShares and ETFs, is there a way to do that with private markets? … I'm sure there's more details to come on that," he said. Private credit, where non-bank institutions lend to companies, has experienced significant growth in recent years due to stricter regulations that have increased the cost for traditional banks to fund higher-risk loans. But broader market volatility caused by U.S. President Donald Trump's aggressive stance on tariffs has led to slower dealmaking in private markets in general, raising some concerns there may be a mismatch between money available for private lending and not enough places to invest it. Investors may also look for any signs regarding succession at the firm. Fink, 72, has led BlackRock since co-founding it in 1988. A recent wave of senior executive departures has reignited speculation about his eventual successor, even as Fink has signaled no immediate plan to step down. "The firm would do itself a favor by highlighting the depth and breadth of their management bench, particularly since the company's business model is expanding and potentially becoming more complex," said Seifert.

It would be catastrophic for America if Trump doesn't forgive Musk
It would be catastrophic for America if Trump doesn't forgive Musk

Telegraph

time41 minutes ago

  • Telegraph

It would be catastrophic for America if Trump doesn't forgive Musk

It would have been hard to miss the news this month of the spat between President Trump and Elon Musk. It 'escalated quickly', as the kids say, with Elon accusing Trump of hiding his associations with Jeffrey Epstein and Trump floating the possibility of cutting off Musk's federal contracts. The dust-up ended with Musk returning, tail between his legs, to say that he was sorry. This is the second time that Musk has been reminded that the forces of Maga have more political heft than the Silicon Valley tech bros. The last time the Maga-hammer came down on Elon, it was to remind him that Trump supporters voted against increased immigration after the Tesla boss pushed for the issuance of more H1B visas to foreign workers in the technology sector. This new conflict has reignited the debates between Maga populism and Silicon Valley libertarianism. While the dispute around H1B visas may have been clear-cut – the Trump ticket does not support policies like this – the issues that led to the recent clash are far less so. Musk was raising concerns around government spending that are becoming more relevant by the day. At the centre of the dispute was the so-called 'Big Beautiful Bill', a large piece of tax and spending legislation making its way through Congress. Musk, who has spent the last few months hacking away at government spending through the Department of Government Efficiency (Doge), called the bill a 'disgusting abomination'. Unlike the printing of more H1B visas, Musk and his Doge programme were certainly on the ballot when Americans voted for Trump as president. In a speech to the Economic Club of New York in September 2024, then-candidate Trump announced that he would create a government efficiency commission that would undertake a 'complete financial and performance audit of the entire federal government' and propose 'drastic reforms.' Beyond this, however, the issue of government borrowing is now an acute one. Just last month chief executive of JP Morgan Chase Jamie Dimon warned that mounting debts might 'crack' the US Treasury market, which prompted US treasury secretary Scott Bessent to insist that the United States is 'never going to default'. In April, The New York Times ran a shocking headline: 'Sell-off in US Bonds and Dollar Raises Questions About 'Safe Haven' Status'. In times past, major American newspapers would be cautious about playing politics with the American financial markets. But the pressures are becoming too obvious to ignore. To get a sense of how severe this is becoming, consider the fact that the interest rate on a 10-year Treasury bond is currently 4.47 per cent. Meanwhile, the yield on a German 10-year bund is 2.53 per cent. One of the reasons that US dollar assets are so popular with investors is that they are typically confident that borrowing rates in the United States will remain low and the dollar will remain strong. This is no longer the case. Interest rates are so high in the United States that American firms are now starting to borrow in Europe. These arrangements, which have become known in financial markets as 'reverse Yankee deals', are up 34 per cent in 2025 versus 2024 to a total of €83 billion. Corporate giants, like Pfizer and Alphabet, are dumping dollar loans and borrowing in euro instead. No wonder senior bankers at the European Central Bank are seeing this as an opportunity to boost the role of the euro. What we are witnessing are some of the most dangerous developments for the dollar-based financial system since Nixon ended the convertibility of the US dollar to gold in 1971. There are multiple trends feeding into this fragility – from the weaponisation of the currency when Russian reserves were seized in 2022 to the chaos unleashed by the Trump tariffs – but it seems unlikely that any of these factors would lead to a sharp increase in interest rates unless there was already such a large debt pile. Musk and Trump need each other. Elon needs his friend in the White House to ensure that his business model, which relies heavily on federal contracts, does not collapse. And Donald needs Elon to keep his administration's eye on the ball when it comes to economic reform. It seems unlikely that Musk will be able to reverse the Big Beautiful Bill. But he should continue to be a voice in the administration because he is performing a key role: highlighting what a dangerous place the country is in financially – before it is too late.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store