| 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: |
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.| 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| 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 … | 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.| Jacob Kastrenakes / The Verge: |
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| Charlie Warzel / The Atlantic: |
| Anil Bhoyrul / Arabian Business: |
| Ben Cohen / Wall Street Journal: |
| Matthew Connatser / The Register: |
| Hugh Langley / Business Insider: |
| Anuj Ahooja / augment: |