Google to buy cybersecurity firm Wiz for $32 billion in the biggest deal in company’s history

Google has struck a deal to buy cybersecurity firm Wiz for $32 billion in what would be the tech giant’s biggest-ever acquisition at the same time it’s facing a potential breakup of its internet empire. The proposed takeover announced Tuesday is part of Google’s aggressive expansion into cloud computing during an artificial intelligence boom. The frenzy is driving […]

Google reports strong growth driven by AI, Cloud

Google’s parent company Alphabet reported robust third-quarter results on Tuesday, with revenue climbing 15 percent year-over-year to $88.3 billion, powered by strong performance from its crucial advertising business and growth in cloud services.  The technology giant’s net income surged 34 percent to $26.3 billion, while earnings per share increased 37 percent to $2.12.  Operating margins […]

US weighs Google breakup in landmark trial

The US Department of Justice said on Tuesday it would demand that Google make profound changes to how it does business and even consider the possibility of a breakup, after the tech juggernaut was found to be running an illegal monopoly. Determining how to address Google’s wrongs is the next stage of a landmark antitrust […]

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