In a surprising move, cybersecurity startup Wiz has decided to turn down a $23 billion acquisition offer from Google. The co-founder of Wiz, Assaf Rappaport, communicated this decision to the company’s employees, stating that they would instead focus on pursuing an initial public offering (IPO). This decision was not taken lightly, with considerations of antitrust
Enterprise
The evolution of artificial intelligence has been rapid and continues to make significant strides towards more advanced technology applications. According to a recent report by Capgemini, the concept of multi-agent AI systems is set to become a reality by 2025. This system will involve a collection of AI agents working together to solve complex tasks
In recent times, the frequency of large-scale attacks on corporate enterprise IT has been on the rise. While this is not surprising given the ongoing battle against cyber threats, a new type of tech threat is emerging that often goes unnoticed – the single-point failure. This type of failure, caused by errors in one part
The recent global IT outage that left screens blue worldwide was not the work of a cyberterrorist attack as initially suspected, but rather a botched software update from CrowdStrike, a cybersecurity company. This incident sheds light on the fragile nature of our modern society’s reliance on IT infrastructure, affecting businesses, airports, hospitals, and more. The
The recent major outage experienced by cybersecurity firm CrowdStrike has sent shockwaves through global businesses, causing a significant disruption. The incident led to a plunge in CrowdStrike’s shares and affected businesses worldwide, highlighting the vulnerabilities of modern IT environments. This article delves into the implications of the outage and the concerns raised regarding CrowdStrike’s market
Former President Donald Trump is set to headline a campaign fundraiser in Nashville on the sidelines of the Bitcoin Conference, where tickets are fetching a staggering $844,600 per person. This event, scheduled for July 27, is expected to coincide with Trump’s keynote speech at the country’s largest gathering of cryptocurrency enthusiasts. The top-tier tickets, priced
The recent tech selloff on Wall Street has had a significant impact on chip stocks in Asia, with major players such as Taiwan Semiconductor Manufacturing Company experiencing a sharp decline. The potential tighter export restrictions from the U.S. have further added to the woes of chip-related companies in the region. Asian chip stocks, especially Taiwan
Former U.S. President Donald Trump recently made controversial comments regarding Taiwan’s role in U.S. defense. Trump suggested that Taiwan should pay the U.S. for defense, insinuating that the country does not provide anything in return. This statement has sparked debate about the nature of the relationship between the U.S. and Taiwan. One of the points
ASML, a Dutch semiconductor company, recently reported second-quarter earnings and sales that exceeded expectations. The company’s net sales of 6.24 billion euros and net profit of 1.58 billion euros outperformed the LSEG consensus estimates. Despite a 9.5% decrease in net sales year-on-year and an 18.7% drop in net income, ASML’s performance was better than the
Craig Wright, the individual who famously claimed to be the inventor of bitcoin, has found himself in hot water as he was referred to British prosecutors for allegedly committing perjury. This decision was made by British High Court Judge James Mellor, who forwarded the case to the Crown Prosecution Service, the body responsible for prosecuting