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July 15, 2024, 10:40 AM
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| Lauren Thomas / Wall Street Journal: |
Sources: Alphabet is in advanced talks to acquire cybersecurity startup Wiz for roughly $23B; Wiz raised $1B at a $12B valuation in May 2024 — Deal would be tech giant's largest acquisition ever.
More: CNBC, Axios, Ars Technica, The Verge, Silicon Republic, New York Times, Financial Times, Reuters, CSO, Business Insider, MediaPost, Tech Startups, Gizchina, Quartz, Bloomberg, The Paypers, Maginative, CCN.com, Newser, Investopedia, International Business Times, PCMag, Livemint, The Times of Israel, PYMNTS.com, CTech, Barron's Online, The Cyber Express, The Register, channelweb.co.uk, SiliconANGLE, AIM, Cyber Security News, Security Boulevard, Verdict, Business Times, TipRanks Financial, Business Today, Originally Reported …, Financial Express, The Rio Times, Tech Monitor, Neowin, Benzinga, Investor's Business Daily, TechCrunch, The Information, Sharecast, CTech, SecurityWeek, Bloomberg, NewsBytes, and Mobile World Live
X: @katie_roof, @carnage4life, @senblumenthal, @dadiomov, @pitdesi, @quinnypig, @howard, @anshublog, @edsim, and @chirag_mehta
LinkedIn: Lital Asher, Atul Tiwary, Lauren Thomas, and Phil Moroni
Forums: r/cybersecurity and r/BB_Stock
| Wall Street Journal: |
A profile of Israeli cybersecurity startup Wiz, founded in 2020, and its four co-founders, as Alphabet prepares a $23B deal; a source says each owns ~9% of Wiz — Cloud cybersecurity company founded by a group of ex-Israeli military officers is close to landing the tech industry's biggest exit in years
More: Reuters, Globes Online, Al Bawaba, and CTech
| Kim Zetter / Wired: |
AT&T appears to have paid a ShinyHunters member $373K+ to delete call records stolen from AT&T's Snowflake account that exposed “nearly all” of AT&T's customers — A security researcher who assisted with the deal says he believes the only copy of the complete dataset …
More: Bloomberg, The Verge, 9to5Mac, CSO, Quartz, WebProNews, Protos, Wccftech, SecurityWeek, Digital Trends, Cybernews.com, PCMag, PhoneArena, CoinGape, SiliconANGLE, Silicon Republic, The Cyber Express, Mashable, Benzinga, ITPro, The Crypto Times, AT&T Inc., Boing Boing, and 404 Media
Mastodon: @gerowen@mastodon.social. X: @kimzetter, @sundeep, @kimzetter, @ericgeller, @kimzetter, and @kimzetter
Forums: Hacker News, r/cybersecurity, r/technews, r/technology, and Slashdot
| Gavin Bonshor / AnandTech: |
A look at the AMD Ryzen AI 300 series, its AI PC chip family for laptops, and the Ryzen 9000 series for desktops, both built on the new Zen 5 CPU architecture — Back at Computex 2024, AMD unveiled their highly anticipated Zen 5 CPU microarchitecture during AMD CEO Dr. Lisa Su's opening keynote.
More: The Economic Times, PCMag, VentureBeat, Club386, Tom's Hardware, Guru3D, ServeTheHome, OC3D, Wccftech, Phoronix, CGMagazine, KitGuru, Digital Trends, The Verge, and Notebookcheck. Forums: r/hardware
| Sean Endicott / Windows Central: |
HP unveils the 14" OmniBook Ultra, with an AMD Ryzen AI 300 CPU, one of the first non-Arm powered Copilot+ PCs, for $1,450+, and the OmniStudio X 27 and X 31.5 — The HP OmniBook Ultra will be one of the first Copilot+ PCs running on a non-Arm processor, though it will need a free update first.
More: VentureBeat, PCWorld, PCMag, Tom's Hardware, CRN, XDA Developers, Thurrott, Neowin, TechPowerUp, and Liliputing. X: @kylebrussell
| Sankalp Phartiyal / Bloomberg: |
Source: Apple's India revenue rose 33% YoY to almost $8B between March 2023 and March 2024, and up from $4.1B in March 2022; pricey iPhones were 50%+ of sales — - Sales jump shows Apple is succeeding in winning users in India — Apple wants to challenge Android's dominance in the country
More: AppleInsider, Benzinga, Reuters, Proactive, GSMArena.com, News18, Cult of Mac, Inc42 Media, Investing.com, iMore, 24/7 Wall St., AIM, Patently Apple, and Channel NewsAsia
| Bloomberg: |
IDC and Counterpoint say the global smartphone market grew 6.5% and 6%, respectively, in Q2 2024, helped by China's 618 event discounts; iPhone sales stabilized — - Apple's iPhone sales stabilized after a tough first quarter — Key China market accelerated its growth in the summer| Bloomberg: |
OneStream, which makes enterprise financial software, aims to raise up to $465.5M in a US IPO, selling 24.5M shares for $17 to $19 for an up to $4.4B valuation — - Cloud-based platform company seeks up to $8 billion value — Company's software is used by CFOs and finance teams| Daniel Thomas / Financial Times: |
An interview with Netflix Chief Content Officer Bela Bajaria, who presides over the company's $17B content budget, on catering to different tastes and more — She presides over a $17bn budget and is looking for local hits with global potential — Bela Bajaria, Netflix's chief hitmaker … | Wes Davis / The Verge: |
Apple approves the first PC emulator for iOS, UTM SE, weeks after rejecting and barring the app from being notarized for third-party app stores in the EU — Apple has approved UTM SE, an app for emulating a computer to run classic software and games, weeks after the company rejected …
More: UTM SE on App Store, Tom's Hardware, PCMag, AppleInsider, MacRumors, MSPoweruser, iPhone in Canada Blog, iMore, Times of India, The Statesman, XDA Developers, Livemint, Cult of Mac, Tao of Mac, iThinkDifferent, 9to5Mac, Neowin, TechEBlog, Benzinga, Android Authority, Six Colors, Tom's Guide, Engadget, Gizchina, TechRadar, iClarified, The Indian Express, and NewsBytes
Forums: Hacker News, r/technology, r/iosgaming, r/ipad, and Slashdot
| Dan Primack / Axios: |
Source: Sequoia emailed LPs in funds raised between 2009 and 2011, offering to buy up to $861M of Stripe shares at $27.51 per share, valuing Stripe at $70B — - The purchasers would be other, more recent Sequoia Capital funds — a process partially enabled by the firm's 2021 restructuring.| Bloomberg: |
Filing: HashiCorp says the company and IBM both received a request from the FTC for more information on IBM's proposed $6.4B takeover of the software maker — Both companies received a so-called second request seeking additional information on the deal from the antitrust agency late last week … | Lloyd Lee / Business Insider: |
Tech leaders, including Jeff Bezos, Tim Cook, Elon Musk, Satya Nadella, and Mark Zuckerberg, condemned the Trump assassination attempt that happened on July 13 — - Shots were fired at a Trump rally in Pennsylvania on Saturday, killing at least two people.
More: Stratechery, Fortune, Semafor, Washington Post, The Information, Silicon Republic, Benzinga, Business Today, Newsmax, Times of India, VentureBeat, Quartz, 9to5Mac, Los Angeles Times, The Verge, and GeekWire
X: @elonmusk, @tim_cook, @jeffbezos, @sundarpichai, @satyanadella, @justinsuntron, @ajassy, @reidhoffman, @sama, @cristianoamon, @benioff, @jessicalessin, and @mcuban
Forums: r/ConservativeKiwi and r/thedavidpakmanshow
| Jacob Kastrenakes / The Verge: |
More: The Atlantic, Wired, BNN Bloomberg, TheGamer, Cybernews.com, Forbes, Washington Post, Mashable, New York Times, NPR, and NBC Bay Area
Threads: @supremebagholder, @sivavaidhyanathan, @camwilsonreporter, @thatadamguy, @daveleebbg, @hankgreen, @benedictevans, @emoltzen, @hunterwalk, @faustaround, @reckless1280, @willoremus, and @blakersdozen
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