Wiz’s decision to walk away from a $23 billion deal with Google has sparked discussions in the tech industry. The co-founder, Assaf Rappaport, cited antitrust and investor concerns as part of the motivation behind this decision. This move signifies a shift towards prioritizing their initial public offering and reaching $1 billion in annual recurring revenue.
Enterprise
The rise of artificial intelligence-powered agents working together in a “multi-agent AI” system is projected to become a reality by 2025, according to Capgemini. This innovative system will involve a network of agents collaborating to solve tasks in a distributed and cooperative manner. Pascal Brier, the Chief Innovation Officer at Capgemini, emphasized that companies are
The landscape of cyber threats in corporate enterprise IT is evolving rapidly, with large-scale attacks becoming increasingly prevalent. While companies invest heavily in cybersecurity defenses to combat malicious hackers, a different kind of threat has been emerging that often goes unnoticed – the single-point failure. These errors in a specific part of a system can
The recent global IT outage caused by a botched software update from cybersecurity company CrowdStrike sent shockwaves across the world. Computer screens went blue, flights were grounded, and businesses resorted to pen and paper. The impact of this incident highlighted the fragility of our modern society’s dependence on IT systems and the dire consequences of
The cybersecurity firm CrowdStrike faced a significant setback when an update led to a major outage that impacted businesses globally. Following the incident, the company’s shares plummeted by 15% in U.S. premarket trading. CrowdStrike, known for its software that helps firms manage security in IT environments, experienced a substantial blow due to a defect found
Former President Donald Trump is set to headline a campaign fundraiser in Nashville alongside the Bitcoin Conference. The event is scheduled for July 27 and will coincide with Trump’s expected keynote speech at the conference, which is the largest gathering of cryptocurrency enthusiasts in the country. Top-Tier Tickets The top-tier tickets for the fundraiser are
The chip stocks in Asia experienced a significant decline in value on Thursday as a result of a tech selloff on Wall Street. This downward trend was fueled by reports suggesting that the U.S. could be contemplating stricter export restrictions. The repercussions of this speculation were particularly evident in the shares of Taiwan Semiconductor Manufacturing
Former U.S. President Donald Trump recently made headlines with his statement that Taiwan should pay the U.S. for defense, arguing that the country “doesn’t give us anything.” This comment came as a response to a question regarding whether he would defend Taiwan against China. His remarks, published in an interview with Bloomberg Businessweek, shed light
ASML, the Dutch semiconductor company, recently reported second-quarter earnings that surpassed expectations. With net sales reaching 6.24 billion euros and net profit at 1.58 billion euros, ASML exceeded the consensus estimates. This success comes at a time when there is a growing interest in artificial intelligence chips, driving up demand for ASML’s critical semiconductor manufacturing
Craig Wright, an Australian individual, has found himself in hot water after claiming to be the mastermind behind the creation of bitcoin. However, his credibility has been called into question as British High Court Judge James Mellor has referred his case to the Crown Prosecution Service. Mellor believes that Wright may have committed perjury and