| 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.| 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| 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 … | 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.| Sean Endicott / Windows Central: |
| Sankalp Phartiyal / Bloomberg: |
Source: Apple's India revenue rose ~33% YoY to almost $8B from March 2023 to March 2024, and up from $4.1B the year before; 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| 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| Cagan Koc / Bloomberg: |
ASML-funded Eindhoven University faces questions from the US about admitting Chinese students, as the US increasingly seeks to stem China's chipmaking efforts — - Eindhoven University of Technology is near ASML's hometown — US ambassador questioned why it has so many Chinese students| 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 … | 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.| Drew FitzGerald / Wall Street Journal: |
Verizon and T-Mobile US push back on AT&T asking regulators to give FirstNet more wireless frequencies for emergency responders, calling the idea a ~$14B gift — AT&T says a wireless spectrum boost could help local agencies do more; Verizon calls proposal a $14 billion giveaway| Aisha S Gani / Bloomberg: |
UK regulators are probing the competitiveness of digital wallets from Apple, Google, PayPal, and others, and risks the wallets pose to consumers and businesses — - Consumer usage of digital wallets has soared in recent years — Two regulators probe fees, risks tied to that increased usage| Tom Wilson / Reuters: |
Analysis: North Korea's Lazarus sent $150K+ in crypto to Cambodian company Huione Pay between June 2023 and February 2024, showing how the group launders funds — A major Cambodian payments firm received crypto worth over $150,000 from a digital wallet used by North Korean hacking outfit Lazarus … | Jacob Kastrenakes / The Verge: |
X's trending topics surfaced conspiracy theories around the assassination attempt on Donald Trump; YouTube and Facebook primarily directed users to news outlets — Conspiracy theories about the shooting at a Trump rally began surfacing on X shortly after the news broke this afternoon … | Lloyd Lee / Business Insider: |
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| Charlie Warzel / The Atlantic: |