Business

Alphabet Inc Set to Acquire Israeli Cloud Security Company Wiz for $23B

KEY TAKEAWAYS: - Alphabet Inc, Google's parent organization, is rumored to be in advanced negotiations to purchase Israeli cloud security firm, Wiz Inc, for around...

Cryptocurrency Domains Hijacked Amidst Google Domains Transition to Squarespace

Key Takeaways: - Numerous organizations primarily in the cryptocurrency and DeFi sector have lost control of their domain names on Squarespace. - The domains belonged former...

Tech Talent Moves: Former LinkedIn Senior Director Joins Syndio; Shutterstock Welcomes Microsoft Chief Scientist to Board

Key Takeaways: • Mitali Pattnaik, former LinkedIn senior director, appointed as Syndio's new chief product officer • Jaime Teevan, Microsoft chief scientist and technical fellow, joins...

Microsoft Maintains Commitment to Diversity and Inclusion Initiatives Despite Minor Role Cuts

Key Takeaways: - Microsoft asserts its dedication to Diversity and Inclusion (D&I) in response to media misinterpretation over cutting two D&I roles. - The company maintains...

Amazon Joins Forces with Better Business Bureau Against Fake Review Brokers

Key Takeaways: - Amazon and the Better Business Bureau have filed a joint lawsuit against ReviewServiceUSA.com for allegedly selling fake reviews. - This is Amazon's first...

Alphabet’s Q2 Results: Impressive Ad Sales Amid Slowing Growth Concern Investors

Key Takeaways: - Google's parent company Alphabet reported a slowdown in advertising sales growth despite overwhelming Q2 results. - The slowdown led to an after-hour decrease...

Kyoto Fusioneering Raises $6.9 Million in New Funding for Fusion Energy Commercialization with US HQ in Seattle

Key Takeaways: - Kyoto Fusioneering, a Japanese fusion energy startup, has raised $6.9 million in a funding round with investments from In-Q-Tel (IQT) among others. -...

Amazon Gears Up to Convert Former Weyerhaeuser Corporate Campus into Logistics Site

Key Takeaways: - Amazon has recently leased a 225,882-square-foot building in the Woodbridge Corporate Park, Federal Way, Wash. - The tech company plans to utilize this...