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 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.

  • ramble81English
    285·
    1 month ago

    Embrace, Extend, Extinguish

    • 1rre@discuss.tchncs.deEnglish
      57·
      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.caEnglish
        41·
        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.