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.

A takeover of Wiz, which makes cybersecurity software for cloud computing, would represent a major bet by Google on cybersecurity, marking the tech giant’s biggest-ever acquisition.

    • ramble81
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      1 month ago

      Embrace, Extend, Extinguish

      • 1rre@discuss.tchncs.de
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        1 month ago

        That’s not even applicable here, and I thought we’d moved past spouting that on every post when it became apparent that meta actually weren’t trying to kill the fediverse

        The whole point is developing products to an open source standard, adding unneeded or complex features to ensure competition can’t keep up and gain market share, then shutting down your product and killing the whole standard.

        How does buying a company that makes proprietary products then closing down that company even come close to being the same thing?

        • bionicjoey@lemmy.ca
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          1 month ago

          when it became apparent that meta actually weren’t trying to kill the fediverse

          That’s not at all apparent. Isn’t Threads still an unmoderated cesspit?

          EEE can take years to do. You’re naive if you think that just because we’re in the first E that Meta are the good guys.

    • 1984@lemmy.today
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      1 month ago

      I think it’s more likely that Google knows that they will be under attack by a lot of hackers once they show their true colors in the future. I think they will represent the tech that will control all of us, using AI, robotics, implants and so on.

      With close ties to national security and no morals, they will be first to implement ID controls on the web as well.

      • Grangle1
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        1 month ago

        Even the privacy/security people I follow say that despite Big Tech (MS, Google, Apple, etc) being privacy nightmares, they are pretty solid on their security, or at least no less secure than the alternatives. But when you combine efforts to maintain that security with those privacy nightmares, you get what you mention.