Alphabet, the parent company of Google, has agreed to acquire cybersecurity startup Wiz for at least $32 billion, according to sources cited by the Financial Times.
The deal, set to be announced on Tuesday morning, marks Alphabet’s largest purchase to date and is aimed at strengthening its cloud business.
Wiz, known for its AI-powered cybersecurity solutions that help companies manage critical risks, is expected to bolster Google Cloud’s competitive edge against rivals such as Amazon and Microsoft. The acquisition comes after initial talks last year at a lower valuation of $23 billion were called off over antitrust concerns, with Wiz then signaling its intention to pursue an initial public offering.
As part of the deal, Wiz’s advanced technology will be integrated into Alphabet’s cloud offerings, potentially accelerating the company’s push into the lucrative cybersecurity market. Neither Google nor Wiz immediately responded to Reuters' requests for comment.
Google is facing a landmark antitrust trial beginning Monday, as U.S. officials seek to break up the tech giant's dominance in the search engine market.
Google plans to appeal parts of a recent U.S. court ruling that found it had unlawfully maintained monopoly power in parts of the online ad market, specifically in publisher ad servers and ad exchanges, while the court dismissed other antitrust claims.
A U.S. federal judge has ruled that Google illegally built monopoly power in its online advertising business, siding with the Department of Justice in a landmark antitrust case that could force the tech giant to break up parts of its empire.
China has dismissed the recent decision by Google to rename parts of the disputed South China Sea, which now labels maritime areas near the Philippines as the West Philippine Sea.
Pavel Prass, co-owner of Yandex, is set to increase his stake in rival VK, signaling consolidation in Russia’s tech sector. The move follows a $5.4 billion deal for Yandex's assets and VK's plan to raise up to 115 billion roubles to tackle mounting debt.
Russian President Vladimir Putin announced Tuesday that Russia and Belarus are planning to establish a joint aviation factory focused on producing drones and other aircraft. The announcement came during a meeting with Belarusian President Alexander Lukashenko in the Russian city of Volgograd.
The Trump administration is reviewing possible changes to a Biden-era rule that restricts global access to advanced AI chips, including potentially scrapping the current system that divides countries into three tiers, according to three sources familiar with the matter.
China has renewed its call for a permanent ceasefire in Gaza and demanded that Israel cease its military operations in Lebanon and Syria, warning of escalating instability across the Middle East.
President Donald Trump said on Tuesday he believes Russian President Vladimir Putin wants to end the war in Ukraine, even as missile strikes continue across the country.
President Vladimir Putin has signed a decree renaming Volgograd International Airport as Stalingrad, invoking Soviet wartime memory as Russia continues its war in Ukraine.
Russia launched a major missile and drone assault on Kyiv overnight on April 24, killing at least twelve people and injuring 90, including children and a pregnant woman, according to Mayor Vitali Klitschko.
In an expansive interview marking his first 100 days back in office, President Donald Trump sketched out an agenda that touches everything from punitive tariffs and China policy to cease-fire hopes in Ukraine and an overhaul of domestic programmes. Below are the highlights.
Start your day informed with AnewZ Morning Brief: here are the top news stories for April 23rd, covering the latest developments you need to know.
For three generations, the Liebigs built railcars in Görlitz. Now, the factory that shaped their lives will produce parts for battle tanks.
A deadly explosion at Iran’s Bandar Abbas port has left at least 40 dead, with more than 1,200 people injured, state media reported on Sunday, halting operations at one of the country’s most vital trade hubs.
The Trump administration is reviewing possible changes to a Biden-era rule that restricts global access to advanced AI chips, including potentially scrapping the current system that divides countries into three tiers, according to three sources familiar with the matter.
President Donald Trump said on Tuesday he believes Russian President Vladimir Putin wants to end the war in Ukraine, even as missile strikes continue across the country.
European Commission President Ursula von der Leyen on Tuesday invited global scientists to make Europe their new home, amid rising pressure on U.S. universities under the Trump administration.
North Korea has conducted the first weapons test on its new “Choe Hyon-class” warship, firing cruise missiles, anti-air missiles, and artillery, state media reported on Wednesday.
Pakistan’s Information Minister Attaullah Tarar said on Wednesday that India is planning a military strike within the next 24 to 36 hours, citing credible intelligence.
Russian President Vladimir Putin announced Tuesday that Russia and Belarus are planning to establish a joint aviation factory focused on producing drones and other aircraft. The announcement came during a meeting with Belarusian President Alexander Lukashenko in the Russian city of Volgograd.
The Trump administration is reviewing possible changes to a Biden-era rule that restricts global access to advanced AI chips, including potentially scrapping the current system that divides countries into three tiers, according to three sources familiar with the matter.
China has renewed its call for a permanent ceasefire in Gaza and demanded that Israel cease its military operations in Lebanon and Syria, warning of escalating instability across the Middle East.
President Donald Trump said on Tuesday he believes Russian President Vladimir Putin wants to end the war in Ukraine, even as missile strikes continue across the country.
President Vladimir Putin has signed a decree renaming Volgograd International Airport as Stalingrad, invoking Soviet wartime memory as Russia continues its war in Ukraine.
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