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The Latest Breaking News from Wiz

5 stalled mega mergers that could get a green light under Trump

Biden's aggressive antitrust enforcers stood in the way of deals involving names like Intel, Kroger and U.S. Steel.

Fortune

Wiz, Netskope, and 1Password headline Fortune and Lightspeed’s second annual Cyber 60

Fortune and Lightspeed have released the second annual Cyber 60.

Fortune

The second annual Fortune Cyber 60 list

For the second year in a row, Fortune teamed up with Lightspeed Venture Partners to identify the most promising and successful cybersecurity startups protecting businesses.

Fortune

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Exclusive: Gili Raanan’s Cyberstarts raises $60 million for fourth seed fund

Cyberstarts has now raised $60 million for its fourth seed fund, Fortune has exclusively learned.

Fortune

Ask Jerry: Looking for an automatic smart light solution

Have a question about the tech in your life? If so, maybe we can get them answered!

Android Central

Cybersecurity firm Wiz to open European headquarters in London

Exclusive: Company’s first European office is major shot in the arm for UK’s aspirations to be global tech hub

The Guardian - UK

As Wiz turns down Google's $23 billion offer, a founder shares his deal regret

“Did we maximize our value? Probably not," says Jyoti Bansal, founder of AppDynamics.

Fortune

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Google parent company’s second-quarter earnings outpace expectations

Alphabet reports $84.7bn in revenue, on back of Search and Cloud, up from the same period last year

The Guardian - US

Wiz Rejects Google's Billion Acquisition Bid

Wiz's rejection of Google's billion offer impacts Google Cloud's growth prospects, highlighting industry competition.

Top News

Google's $23 billion takeover talks with Wiz fizzle out

What was set to be Google’s biggest-ever acquisition appears to have fizzled out after the tech giant’s $23 billion (£18 billion) takeover talks with Israeli cybersecurity firm Wiz were called off.

Evening Standard

Spotify shares surge 15% after profitability hits record high – as it happened

The Swedish streaming company said gross margins hit a record high of 29.2% in the second quarter, after cost cuts and growth in subscriptions

The Guardian - UK

Cybersecurity firm Wiz rejects $23bn bid from Google parent Alphabet

Israeli company aims for stock market flotation after spurning biggest deal in tech group’s history

The Guardian - UK

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Investors Business Daily

Wiz Declines $23 Billion Google Takeover, Plans IPO

The cybersecurity startup Wiz declined a $23 billion takeover offer from Google, according to multiple reports Monday night, citing an internal memo.

Fortune

Wiz turns down $23 billion Google deal, says it's aiming for IPO

Assaf Rappaport, CEO and cofounder of the cybersecurity startup, told employees the company will remain independent and aim for $1 billion in annual recurring revenue and a public stock offering as its next big goals.

Fortune

Wiz founder thought leaving Microsoft was the ‘most horrible decision ever.’ Now he’s reportedly selling his startup to Google for $23 billion

Time proved the 40-year-old cloud security founder wrong.

TechRadar

SAP's AI Core platform has some worrying security flaws, so patch now

SAPwned is a group of flaws allowing credential theft and supply chain attacks.

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Fortune

Are A.I.’s lofty valuations justified? Some VCs think it is

“Every company will be an AI company in the end,” one VC at Brainstorm said.

Fortune

How VCs from CapitalG to Norwest are coping with a dead IPO landscape: 'We’re not here to time the market'

Venture investors are rethinking their business model as billion-dollar companies struggle to find exits.

Top News

Google In Advanced Talks To Acquire Cybersecurity Startup Wiz

Alphabet, Google's parent company, is in advanced talks to acquire cybersecurity startup Wiz for billion, signaling a significant investment in enhanci...

Fortune

Wiz CEO lauds company's good timing as Alphabet reportedly prepares $23 billion bid

Wiz CEO Assaf Rappaport made a timely appearance at Fortune Brainstorm Tech yesterday.

Fortune

The CEO of Wiz, reportedly exploring a $23B acquisition with Alphabet, says cybersecurity consolidation is ‘truly in its infancy’

In his first public comments since reports of the Alphabet deal emerged, Wiz CEO and cofounder Assaf Rappaport said that the "dream" of an IPO has changed and founders see other options.

International Business Times

Alphabet Eyes $23B Acquisition Of Cybersecurity Startup Wiz Amid Regulatory Scrutiny

The transaction, primarily financed in cash, could be finalized soon.

Investors Business Daily

Google Near $23 Billion Deal For Cybersecurity Startup Wiz

Google-parent Alphabet is close to a deal to buy cybersecurity startup Wiz for $23 billion, its largest ever. Google stock was roughly flat.

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