Google owner Alphabet is in advanced discussions to buy fast-growing cybersecurity startup Wiz for roughly $23 billion, a person familiar with the matter confirmed to CNN.

Google is close to making its biggest acquisition ever

Nvidia's full-stack AI platform is a key competitive advantage. Palantir Technologies is focused on capitalizing on the explosive demand for generative AI technologies from government and enterprise clients. Nvidia and Palantir are expected to more than double by 2030. Since the launch of OpenAI's famous chatbot ChatGPT, artificial intelligence (AI)...

2 Artificial Intelligence (AI) Stocks to Buy Hand Over Fist Before They Soar by More Than 100%, According to Consensus Wall Street Estimates

Entrepreneur

AMD's deal is set to close later this year.

Nvidia's Biggest Rival Agrees to Buy an AI Startup for Over Half a Billion Dollars in Cash

Business Insider

Google may be about to announce a takeover of cloud cybersecurity startup Wiz, but could face a battle with regulators to get the deal approved.

Why Google is ready to risk a DC battle to land a potential $23 billion deal

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NewSantaAna

The FBI has seen a rise in scams targeting timeshare owners. In this kind of scam, criminals con these part-time property owners into shelling out hefty sums of cash, all under false pretenses related to their timeshare properties.

FBI warns that Mexican cartels are targeting Americans with timeshare scams

Pennsylvania State

The FBI has named the man who shot at Donald Trump during a campaign rally as Thomas Matthew Crooks. Crooks is alleged to have opened fire while the former US president was addressing a crowd in Butler, Pennsylvania, leaving one audience member dead and two others badly hurt. The 20-year-old...

Thomas Matthew Crooks: What we know about the Trump attacker

Chicago, IL

Writers represent independent, third-party users who have joined our contributor program and self-verified their accounts. Writers are expected, like all users, to adhere to our Community Standards.

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Foodie in Chicago

Shortly before 3 AM, people in the Chicago area may have felt their houses shake as a 3.4-magnitude earthquake occurred about 60 miles west of the city. (CHICAGO) The United States Geological Survey (USGS) reported a 3.4-magnitude earthquake around Somonauk, IL. Somonauk is in DeKalb and LaSalle Counties, 64 miles west of Chicago.

Did You Feel the Earthquake?

Chris Kirchner, a startup founder convicted of defrauding investor was sentenced to 20 years in federal prison Thursday.

Chris Kirchner, founder of Goldman Sachs-backed Slync, was sentenced to 20 years for fraud and laundering startup funds

Tennessee State

Oak Ridge, TN

Modern Wealth Management says it has expanded its presence in the southern United States with the acquisition of a Tennessee-based registered investment advisory firm. The latest addition is C&J Wealth Advisors, a firm founded in 1982 that oversees a total of more than $260 million in assets under management for 300 clients in the Knoxville and Oak Ridge areas of Tennessee, Modern Wealth said in an announcement.

Modern Wealth Picks Up $260M RIA in Tennessee

Palantir's early experience in serving the government is valuable in the AI race. But there is a risk that the AI excitement could be just a fad. Palantir's stock is not for the faint hearted. The artificial intelligence (AI) industry is on fire in 2024, sending AI-related tech companies to...

Palantir Might Be a Great Stock, But I'm Not Buying It Now. Here's Why

New York City, NY

Cheryl E Preston

Yesterday was the third time this year that an ad stating Chelsea Clinton lives in a beautiful Virginia home popped up on my laptop. My computer did not warn me this was a dangerous site, so this time, I clicked on the link.

Chelsea Clinton is rumored to be living in Virginia but probably still in NYC

Insider

Peter Thiel, the founder of PayPal and an early investor in Facebook, strictly limits the time his kids can spend in front of a screen.

Tech billionaire Peter Thiel says he only allows his children 1.5 hours of screen time a week

Kentucky State

Northern Kentucky Tribune

Kentucky’s Community Actions Partnerships have announced the starts date for the Low-Income Home Energy Assistance Program (LIHEAP) Summer Subsidy, aimed at helping Kentucky households offset summer cooling costs.

LIHEAP Summer Subsidy program to help with summer cooling costs to begin enrollment July 16

Fortune

In his first public comments since reports of the Alphabet deal emerged, Wiz CEO and cofounder Assaf Rappaport said that the "dream" of an IPO has changed and founders see other options.

Wiz CEO says ‘consolidation in the security market is truly a necessity’ as reports swirl of $23 billion Google acquisition

The Independent

Google is in talks to make the biggest acquisition in its history, according to reports.The US technology giant is expected to pay $23 billion (£18bn) for cyber security firm Wiz, The Wall Street Journal reported, just four years after the startup was founded. The potential deal is nearly double the amount of Google’s biggest acquisition to date: the $12.5 billion takeover of Motorola Mobility in 2012.Wiz provides some of the world’s biggest companies with cloud security services, including BMW, EA and Salesforce. The US-based startup was valued at $12 billion in May in a Series E funding round that raised...

Google set to make largest acquisition in its 25-year history

Connecticut State

Four engineering firms have collectively agreed to pay $26.5 million to settle a class action lawsuit accusing them and Pratt & Whitney, a unit of RTX, of artificially suppressing wages for tens of thousands of aerospace workers. The settlement terms were disclosed by plaintiffs’ lawyers at Quinn Emanuel Urquhart & Sullivan and DiCello Levitt in a filing made in federal court in Connecticut on Friday.

Four Engineering Firms Agree to $26.5 Million Settlement in Wage Suppression Class Action

San Francisco, CA

Reuters global technology editor Kenneth Li sent out the following:. Kenrick Cai is joining the Reuters in San Francisco this week as Technology Correspondent, focusing on Google, its parent company Alphabet, and artificial intelligence. He joins Reuters after five years at Forbes magazine, where he was a staff writer covering...

Reuters hires Cai to cover Google

Axios

Venture capital has its vice presidential candidate, with Donald Trump yesterday picking J.D. Vance to be his running mate. The big picture: Vance wasn't a successful or failed VC. Namely because he didn't have enough time, spending just six years at three different firms. Catch up quick: Vance was a...

J.D. Vance's short career in venture capital

California State

Community Voices represent independent, third-party users who have joined our contributor program but not yet verified their accounts. Community Voices are expected, like all users, to adhere to our Community Standards.

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The HD Post

CALIFORNIA – Starting July 1, landlords will only be allowed to collect one month’s rent for the security deposit on a rental property. Assembly Bill 12, signed into law last October, says regardless of whether the residential property is unfurnished or furnished, only one month’s rent can be charged in addition to any rent for the first month paid on or before initial occupancy.

Law limiting security deposits goes into effect July 1

Alameda Post

California regulators just stopped AT&T from pulling the plug. California’s Public Utilities Commission on June 20 rejected AT&T’s application to stop providing landlines and other services in areas where there is no other option.

Still Need Your Landline?

NewsBreak

Alphabet in Advanced Talks to Acquire Cybersecurity Startup Wiz for $23 Billion

Alphabet, the parent company of Google, is reportedly in advanced negotiations to acquire the cybersecurity startup Wiz for approximately $23 billion. This development was reported by...

Alphabet in Advanced Talks to Acquire Cybersecurity Startup Wiz for $23 Billion

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