GOOGLE WIZ
Govt’s UPI boost; Meta’s fact-checking makeover
Through an incentive scheme, the government is pushing low-level UPI payments in India. This and more in today’s ETtech Top 5.
His dog’s LinkedIn is a must-see. Pet's owner just got Rs 25,000 crore from Google
Assaf Rappaport, Wiz's CEO, made headlines with a $32 billion acquisition deal by Google, the tech giant's largest ever. Wiz, specializing in cloud security, will integrate into Google Cloud. The founders, former Unit 8200 members, previously sold Adallom to Microsoft. Rappaport's late dog, Mika, was a beloved company mascot with her own LinkedIn page.
Alphabet's $32 billion Wiz deal promises windfall for VC backers
The $32 billion all-cash Wiz deal on Tuesday marked a major win for about 25 firms on Wiz's cap table, according to PitchBook, a rarity in the past few years as high interest rates and tight antitrust scrutiny reduced exit events.
Google's $32 billion deal for Wiz accelerated under Donald Trump, sources say
Google made another pass last fall while Wiz considered a potential IPO, according to sources. While negotiations continued sporadically over several months, executives started meeting regularly to hammer out details of a deal after Trump's Jan. 20 inauguration and appointment of key antitrust officials in his administration, these people said.
TRADING DAY-Flickering recovery snuffed out
U.S. stocks fell on Tuesday, driven by concerns ranging from President Trump's trade wars to Big Tech outlooks and geopolitical tensions. Gold surged to over $3,000 an ounce while major Wall Street indices dropped between 0.6% and 1.7%, reflecting investors' fragility and economic uncertainties ahead of the Federal Reserve's upcoming policy decisions.
QSRs go quick; Apple grows India suppliers
Several quick-service restaurant (QSR) brands are customising their top-selling products for quick commerce platforms. This and more in today’s ETtech Morning Dispatch.
Wall Street ends lower on tariff worry as Fed decision eyed
U.S. stocks fell on Tuesday, snapping a two-session winning streak, due to caution ahead of the Federal Reserve's monetary policy decision and concerns over President Trump's tariff policies. Key indices saw declines with the Dow down 260.32 points, the S&P 500 losing 60.46 points, and the Nasdaq dropping 304.55 points.
Gen Z's Financial Habits: Rising Spending, Shrinking Savings, and Future Impact
Gen Z children often face financial challenges as they spend nearly twice their savings, driven by rising living costs and changing spending habits. Over the next decade, factors like job market shifts, economic pressures, and evolving consumer behaviors will reshape their financial future. Understanding these trends is crucial for businesses, policymakers, and Gen Z themselves to adapt and thrive.
Google announces largest deal in 26-year history, to acquire cybersecurity firm Wiz. What does this mean in era of AI?
Google and Wiz have stated that Wiz's products will continue to work across all major clouds - including Amazon Web Services, Microsoft Azure, and Oracle Cloud, as well as through other security partners.
Explained: Inside Google's $32 billion Wiz deal, the biggest move to boost cloud security
Google to buy cloud security startup Wiz for $32 billion. Upon completion of the deal, Wiz will become part of Google Cloud. Google will leverage Wiz to create a unified security offering. Customers will be given enhanced threat intelligence and cybersecurity professionals, including AI agents.
March Madness 2025: First Four schedule, dates, and where to watch: All you need to know
The 2025 March Madness tournament kicks off with the First Four games on Tuesday, March 18. Tonight, at 9:10 pm ET, the North Carolina Tar Heels will take on the San Diego State Aztecs. Both the men's and women's tournaments will start with a field of 68 college teams.
MLB Tokyo Series 2025: Shohei Ohtani's Viral Video Becomes Meme Fest in US
Shohei Ohtani was seen rubbing off his eyes in a viral video shared on social media by the official broadcaster for MLB Tokyo Series 2025. The Los Angeles Dodgers kicked off the 2025 MLB season in style after securing a 4-1 win against the Chicago Cubs at the Tokyo Dome in Japan's capital city.
Lollapalooza 2025: Festival Lineup to be Released this Tuesday, Here’s What Fans Need to Know
Lollapalooza, Chicago’s premier music festival, in recent years has typically included eight primary headliners, with two headliners performing at the conclusion of the festival's events each evening. Ahead of the lineup release, here are a few details that would help possible attendees to decide their presence at the event.
Nasdaq, S&P slip over 1%, tech stocks slide as Fed meeting, Trump-Putin call in focus
U.S. stock indexes opened lower on Tuesday as worries about the impact of U.S. tariffs and their impact on economic growth prevailed ahead of a monetary policy decision from the Federal Reserve.
Google buys cybersecurity firm Wiz for $32 billion: Here are other big acquisitions by Alphabet
Google’s parent company Alphabet has acquired cybersecurity startup Wiz for $32 billion, all in cash. This is the tech giant’s biggest acquisition yet. The deal will help Google Cloud compete against Amazon and Microsoft in the cybersecurity sector. Expected to be finalized in 2026, this deal shows the growing importance of AI-enabled cybersecurity as companies invest heavily in digital safety.
China’s DeepSeek dive; RBI’s Scapia nod
China’s AI race has gotten the DeepSeek fillip, with its tech bigwigs now catching up. This and more in today’s ETtech Top 5.
Google agrees to buy cybersecurity startup Wiz for $32 billion
Google's parent company, Alphabet, has agreed to acquire cybersecurity startup Wiz for at least $32 billion, according to a report by the Financial Times on Tuesday, citing sources close to the deal.
Alphabet back in talks to buy Israel's Wiz for over $30 billion, source says
The deal hasn't been signed and could still change, the person familiar with the development said. The Wall Street Journal on Monday first reported the news of the talks between the companies, citing sources. If the Wiz acquisition goes ahead, it would help Alphabet tap the cybersecurity market and expand its booming cloud infrastructure business, which generated more than $43 billion in revenue last year.
Google's $23 billion plan to buy cybersecurity startup Wiz falls apart
Google's proposed $23 billion acquisition of Wiz, aiming to strengthen Google Cloud against Microsoft, was canceled as Wiz chose an IPO. CEO Rappaport targets $1 billion in recurring revenue. CNBC and Fortune reported the memo. Wiz, protecting enterprises, made $350M annualized revenue. Regulatory hurdles include Justice Department antitrust cases and FTC scrutiny under President Biden.
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