Wiz rejects Google’s $23 billion offer, plans rather to go public.
On the verge of what would have been Google’s biggest-ever purchase, Wiz, a flourishing cybersecurity company, has withdrawn from a $23 billion deal that would have seen it bought over by Google, informing staff members that it would instead continue on its initial plan of going public with the company.. According to CNBC, Assaf Rappaport, co-founder of Wiz, stated in […]
Google is negotiating to pay $23 billion to purchase Wiz, a cybersecurity company.
According to someone who is informed about the subject, Google is having serious talks in a bid to buy cybersecurity company Wiz for $23 billion. The deal is anticipated to wrap up shortly. Since its founding in 2020, Wiz has expanded significantly under CEO Assaf Rappaport and had recently been considering going public. Particularly, with the company […]
Huawei’s 10 inch Triple Fold Phone Expected to be Released Soon.
According to reports, Huawei is developing a tri-fold smartphone with a large primary display. It could face competition from tablets on the market, such as the scaled-down iPad models from Apple. The manufacturer has not officially acknowledged the existence of the phone, although it is reportedly under development. Some screen elements of the rumored smartphone […]
Abu Dhabi enters alliance with the US. The oil-rich country seeks dominance in AI development.
The very first minister ever tasked with the special duty of formulating policies and initiating strategies relating to artificial intelligence (AI) development is already enmeshed in a worldwide tech-domination struggle. Microsoft stated in April that it will invest $1.5 billion in G42, an artificial intelligence (AI) company headquartered in Abu Dhabi, the capital of the United Arab Emirates (UAE), and headed […]
Money laundering case against Binance adjourned by Nigerian court till October.
Due to failure to turn in as evidence a medical report that was required for one of the defendants by the court, a Nigerian court on Tuesday, 16 July, adjourned the money laundering trial against cryptocurrency exchange Binance and two of its executives till October 11. The two Executives at Binance, British-Kenyan Nadeem Anjarwalla, a regional manager for Africa, […]
The price of bitcoin drops to a four-month low as concerns about imminent selloffs grow.
Due to concerns about impending selloffs by the German government and creditors of the defunct cryptocurrency exchange Mt. Gox, bitcoin prices hit a four-month low on Monday, 8 July, and values of other significant tokens dropped significantly as well. Mt. Gox was a cryptocurrency exchange based in Tokyo. It operated between 2010 and 2014. At its height, […]
New study warns that Low Earth Orbit satellites like those of Elon Musk’s Starlink and others could harm the earth’s ozone layer.
The Earth’s ozone layer may be in the process of being destroyed by internet satellite networks like Elon Musk’s Starlink, according to University of Southern California experts. According to research that was published in the journal Geophysical Research Letters, SpaceX’s Starlink is allegedly spewing large volumes of gaseous aluminum oxide into the atmosphere, which has […]
Elon Musk to speak at World AI Conference in China.
According to a program that has been made public, Elon Musk will be one of the keynote speakers at the World AI Conference (WAIC) opening ceremony on Thursday, July 4, in Shanghai, China. It was unclear from the program whether Musk would be appearing in person or by video. However, it was said that Musk wasn’t really […]
Court ruling requires Binance to face majority of crypto cases filed against it by US SEC.
The U.S. Securities and Exchange Commission (SEC) filed a lawsuit against Binance, the largest cryptocurrency exchange in the world. Late on Friday, a federal court decided to allow the litigation to proceed in part. The U.S. District Court for the District of Columbia’s Judge Amy Berman Jackson’s ruling strikes a blow to Binance, which had […]
US Supreme Court overturns rulings pertaining to state laws that regulate social media.
On Monday, July 1, the U.S. Supreme Court dismissed two cases challenging Republican-backed legislation in Florida and Texas that limited social media firms’ ability to remove information that the platforms considered inappropriate. The justices ordered subordinate appeals courts to reevaluate their rulings concerning these 2021 statutes that provide the states the power to control the […]