Skip to main content

Alphabet Back In Talks To Buy Wiz For $30 Billion

2 months ago
Google's parent company Alphabet is reportedly in talks to acquire cybersecurity startup Wiz for approximately $30 billion. Last July, negotiations had advanced on a $23 billion deal, but the talks were put on hold to prioritize Wiz's IPO. Around the same time, Alphabet also walked away from a potential acquisition of online marketing software company HubSpot. Reuters reports: The startup provides cloud-based cybersecurity solutions powered by artificial intelligence that help companies identify and remove critical risks on cloud platforms. A buyout of this size will most likely face regulatory scrutiny as tech giants are kept under close watch for possible monopolistic practices. If the deal goes through, it could help Alphabet tap into the cybersecurity industry and expand its booming cloud infrastructure segment, which generated more than $43 billion in revenue last year. Wiz was last valued at $12 billion in a private funding round in May 2024.

Read more of this story at Slashdot.

BeauHD

Apple To Launch Thinner iPhone 17 'Air' as Step Toward Port-Free Design

2 months ago
Apple will introduce a slimmer iPhone 17 "Air" this fall, marking a strategic shift toward potentially port-free devices in future product lines, according to a Bloomberg report. The new model will feature a 6.6-inch display with ProMotion scrolling, Dynamic Island interface, and a Camera Control button while measuring approximately 2 millimeters thinner than current models -- roughly a 20% reduction in depth, the report said. Despite its slimmer profile, the device will maintain battery life comparable to existing iPhones through redesigned display and silicon components. It will incorporate Apple's power-efficient C1 in-house modem chip but will retain USB-C connectivity, despite earlier internal discussions about eliminating ports entirely.

Read more of this story at Slashdot.

msmash