Google closes its acquisition of Israeli cybersecurity startup Wiz for $32B, marking Google's biggest acquisition yet; Google initially approached Wiz in 2024
Google has officially acquired Israeli cybersecurity firm Wiz for $32 billion in cash, a full year after the companies announced the deal.
Nvidia agrees to a licensing deal with Groq; CEO Jonathan Ross and other top executives will join Nvidia; Groq says it will continue operating independently
anybody who knows anything about AI chips knows groq's first gen chips aren't competitive but maybe their upcoming chips might have been able to threaten nvidia? @josephjacks_ : Overly simplistic take...
Filings: business services giant Conduent, which was spun off from Xerox in 2017, confirms that a 2024 data breach has impacted over 10.5M people
Bill Toulas / BleepingComputer :
SoftBank Group agrees to acquire ABB's robotics business, which generated $2.3B in sales in 2024, for $5.4B; ABB expects the deal to close in mid-to-late 2026
SoftBank Group (9984.T) said on Wednesday it has agreed to buy the robotics business of Swiss engineering group ABB (ABBN.S) in a $5.4 billion deal.
Sources: Microsoft putting some of its top titles on Xbox Game Pass is cutting into its higher-margin game sales, giving up $300M+ in Call of Duty sales in 2024
Microsoft Corp.'s Xbox division surprised many video game enthusiasts this week when the company announced a 50% price hike …
Larry Ellison is turning into a media magnate, potentially controlling CBS, CNN, TikTok, and more, amid a regulatory environment favorable to Trump allies
When Larry Ellison entered his ninth decade in 2024, his high-profile lifestyle seemed to be receding.
Flip, a TikTok rival that let shoppers post video reviews and earn cash based on engagement, has shut down; it had raised $300M and was valued at $1B+ in 2024
Flip, a video-sharing social media app that at one point tried to challenge TikTok's dominance, has shut down, according to a message to users and the company's website.
The European Commission accepts Corning's offer to end exclusivity terms in its supply contracts, ending an antitrust investigation opened in November 2024
Samuel Stolton / Bloomberg :
DoorDash acquires adtech company Symbiosys for $175M, announced as part of a major update on its ad business, which crossed a $1B+ annualized run rate in 2024
DoorDash Inc. is adding to its recent buying spree by acquiring advertising tech firm Symbiosys for $175 million …
Sources: Salesforce is in talks to acquire cloud data management company Informatica, reviving discussions that stalled in 2024; INFA closes up 17.45%
If a deal is reached, it could be announced as soon as next week, according to the people, who asked to not be identified because the discussions are private.