Reading Time : 2minutes Cybersecurity startup Wiz has turned down a $23 billion acquisition offer from Google’s parent company, Alphabet, opting instead to pursue its original plan of an initial public offering (IPO). The deal, which would have been Alphabet’s largest acquisition to date, was rejected due to antitrust concerns and investor issues. Wiz CEO Assaf Rappaport acknowledged the difficulty of declining such a substantial offer but reaffirmed the company’s commitment to its independent growth strategy. Founded in 2020, Wiz has experienced rapid growth in the cloud security market, with its annual recurring revenue surpassing $350 million in 2023. The company now aims to reach $1 billion in annual recurring revenue before going public.
Reading Time : 2minutes The recent wedding of an Indian heir dazzled the world with its grandeur and opulence. Featuring elaborate decorations, high-profile guests, and a blend of traditional customs and modern luxury, the multi-day celebration set a new benchmark for extravagance. The bride and groom’s impeccable style and the event’s exclusivity left a lasting impression on all attendees.
Reading Time : 3minutes The European Union has escalated its conflict with Elon Musk’s social media platform X, formally charging the company with breaching online content
Reading Time : 2minutes Jack Ma and Jerry Yang’s meeting at the Great Wall of China in 1997 was a chance encounter that led to Yahoo’s $1 billion investment in Alibaba in 2005. This strategic move, driven by Yang’s foresight and Yahoo’s need to penetrate the Chinese market, resulted in significant financial gains for Yahoo and helped Alibaba become a global e-commerce giant.
Reading Time : 2minutes Meta Platforms, the parent company of Facebook, has recently come under scrutiny by the European Union over antitrust concerns. The European Commission
Reading Time : 3minutes Julian Assange’s release from a British prison and his subsequent plea deal with the U.S. Justice Department have reignited international debate over
Reading Time : 2minutes Nvidia’s meteoric rise can be attributed to its cutting-edge graphics processing units (GPUs), which have become indispensable for training AI algorithms and powering innovative applications like image generators and chatbots.
Reading Time : 2minutes This is a big step towards safe, abundant, zero-carbon energy,” Bill Gates said at the groundbreaking ceremony. “We’re not just going to build the one plant. We’re going to build a lot of these things.
Reading Time : 2minutes Exploring Javier Milei’s bold strategy of leaving Argentina to help Argentina and its impact on the country’s economy. Will engaging with Silicon Valley giants bring real change?
Reading Time : 2minutes Elvis Presley’s Graceland mansion in Memphis dodged a bullet recently. A legal battle erupted after a mysterious company attempted to sell the
Reading Time : 2minutes In a move that will undoubtedly ripple through the cryptocurrency world, a US appeals court finalized the forfeiture of 69,370 Bitcoin linked
Reading Time : 2minutes Scarlett Johansson, Hollywood A-lister and known defender of artist rights, finds herself embroiled in a new kind of legal battle – this
