Connect with us

Hi, what are you looking for?

Major Financial PartnerMajor Financial Partner

Tech News

Google is reportedly planning its biggest startup acquisition ever

Image of the Google “G” logo on a blue, black, and purple background.
Illustration: The Verge

Google is considering spending $23 billion to buy Wiz, a cloud cybersecurity startup with partners that include Amazon and Oracle, reports The Wall Street Journal. At close to twice what it spent for Motorola Mobility in 2012, it would be the most Google has ever paid for another company.

The New York City-based Wiz offers “siloed security tools and scanners” for the enterprise space, according to the company. Wiz writes that it secures corporate cloud infrastructure “by creating a normalizing layer between cloud environments,” letting businesses “rapidly identify and remove critical risks.” Buying such a company feels particularly targeted at an increasingly vulnerable-looking Microsoft that’s recently weathered multiple high-profile…

Continue reading…

You May Also Like

Business

After years of investing in self-checkout machines, some major retailers are starting to reverse course. Dollar General said it has eliminated self-checkout options at...

Editor's Pick

It was a very interesting week indeed. All-time high records continued to fall on a daily basis, but the complexion of the market most...

Editor's Pick

As a long-term stock trader, there’s one development in the stock market that takes me, and many others, to our collective knees. It’s a...

World News

Kamala D. Harris leaned into her background as a former prosecutor to attack Donald Trump in her first presidential bid in 2020 — a...