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July 15, 2024, 11:45 AM
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| Lauren Thomas / Wall Street Journal: |
Sources: Alphabet is in advanced talks to acquire cybersecurity startup Wiz for roughly $23B; Wiz raised $1B at a $12B valuation in May 2024 — Deal would be tech giant's largest acquisition ever.
More: CNBC, New York Post, FinTech Global, Silicon Valley Business …, Ars Technica, The Verge, Silicon Republic, New York Times, Financial Times, WinBuzzer, Invezz, Reuters, Business Insider, MediaPost, Tech Startups, Gizchina, CSO, The Paypers, Bloomberg, Quartz, The Cyber Express, Newser, The Register, channelweb.co.uk, Investopedia, Verdict, TipRanks Financial, Business Today, Originally Reported …, Financial Express, CTech, Tech Monitor, International Business Times, Benzinga, PCMag, SiliconANGLE, The Times of Israel, PYMNTS.com, Sharecast, Neowin, Investor's Business Daily, TechCrunch, CTech, Bloomberg, and Mobile World Live
X: @katie_roof, @carnage4life, @senblumenthal, @dadiomov, @pitdesi, @quinnypig, @howard, @anshublog, @chirag_mehta, and @edsim
LinkedIn: Lital Asher, Atul Tiwary, Lauren Thomas, and Phil Moroni
Forums: r/cybersecurity, r/BB_Stock, and Slashdot
| Wall Street Journal: |
A profile of Israeli cybersecurity startup Wiz, founded in 2020, and its four co-founders, as Alphabet prepares a $23B deal; a source says each owns ~9% of Wiz — Cloud cybersecurity company founded by a group of ex-Israeli military officers is close to landing the tech industry's biggest exit in years
More: Reuters, Globes Online, Al Bawaba, and CTech
| Kim Zetter / Wired: |
AT&T appears to have paid a ShinyHunters member $373K+ to delete call records stolen from AT&T's Snowflake account that exposed “nearly all” of AT&T's customers — A security researcher who assisted with the deal says he believes the only copy of the complete dataset …
More: Bloomberg, The Verge, Quartz, CSO, 9to5Mac, Security Boulevard, Protos, Wccftech, WebProNews, Digital Trends, Cybernews.com, Silicon Republic, The Cyber Express, Mashable, SiliconANGLE, Benzinga, ITPro, SecurityWeek, The Crypto Times, PhoneArena, PCMag, CoinGape, and Boing Boing
Mastodon: @gerowen@mastodon.social. X: @sundeep, @ericgeller, @kimzetter, @kimzetter, @kimzetter, and @kimzetter
Forums: Hacker News, r/cybersecurity, r/technews, r/technology, and Slashdot
| Gavin Bonshor / AnandTech: |
A look at the AMD Ryzen AI 300 series, its AI PC chip family for laptops, and the Ryzen 9000 series for desktops, both built on the new Zen 5 CPU architecture — Back at Computex 2024, AMD unveiled their highly anticipated Zen 5 CPU microarchitecture during AMD CEO Dr. Lisa Su's opening keynote.
More: XDA Developers, HotHardware, Tom's Hardware, PCMag, Club386, Neowin, Guru3D, ServeTheHome, Windows Blog, OC3D, Wccftech, Phoronix, CGMagazine, KitGuru, Digital Trends, The Verge, and Notebookcheck. Forums: r/hardware
| Sean Endicott / Windows Central: |
HP unveils the 14" OmniBook Ultra, with an AMD Ryzen AI 300 CPU, one of the first non-ARM powered Copilot+ PCs, for $1,450+, and the OmniStudio X 27 and X 31.5 — The HP OmniBook Ultra will be one of the first Copilot+ PCs running on a non-Arm processor, though it will need a free update first.
More: HotHardware, Engadget, VentureBeat, Laptop Computers …, PCWorld, PCMag, XDA Developers, CRN, Tom's Hardware, Neowin, and Liliputing. X: @kylebrussell
| Bloomberg: |
IDC and Counterpoint say the global smartphone market grew 6.5% and 6%, respectively, in Q2 2024, helped by China's 618 event discounts; iPhone sales stabilized — - Apple's iPhone sales stabilized after a tough first quarter — Key China market accelerated its growth in the summer| Sankalp Phartiyal / Bloomberg: |
Source: Apple's India revenue rose ~33% YoY to almost $8B from March 2023 to March 2024, and up from $4.1B the year before; pricey iPhones were 50%+ of sales — - Sales jump shows Apple is succeeding in winning users in India — Apple wants to challenge Android's dominance in the country
More: AppleInsider, Quartz, Benzinga, GSMArena.com, Reuters, News18, Investing.com, 24/7 Wall St., iMore, AIM, Cult of Mac, Patently Apple, and Channel NewsAsia
| Dan Primack / Axios: |
Source: Sequoia emailed LPs in funds raised between 2009 and 2011, offering to buy up to $861M of Stripe shares at $27.51 per share, valuing Stripe at $70B — - The purchasers would be other, more recent Sequoia Capital funds — a process partially enabled by the firm's 2021 restructuring.
X: @danprimack
| Daniel Thomas / Financial Times: |
An interview with Netflix Chief Content Officer Bela Bajaria, who presides over the company's $17B content budget, on catering to different tastes and more — She presides over a $17bn budget and is looking for local hits with global potential — Bela Bajaria, Netflix's chief hitmaker … | Bloomberg: |
Filing: HashiCorp says the company and IBM both received a request from the US FTC for more information on IBM's proposed $6.4B takeover of the software maker — Both companies received a so-called second request seeking additional information on the deal from the antitrust agency late last week … | Drew FitzGerald / Wall Street Journal: |
Verizon and T-Mobile US push back on AT&T asking regulators to give FirstNet more wireless frequencies for emergency responders, calling the idea a ~$14B gift — AT&T says a wireless spectrum boost could help local agencies do more; Verizon calls proposal a $14 billion giveaway| Bloomberg: |
OneStream, which makes enterprise financial software, aims to raise up to $465.5M in a US IPO, selling 24.5M shares for $17 to $19 for an up to $4.4B valuation — - Cloud-based platform company seeks up to $8 billion value — Company's software is used by CFOs and finance teams| Jacob Kastrenakes / The Verge: |
X's trending topics surfaced conspiracy theories around the assassination attempt on Donald Trump; YouTube and Facebook primarily directed users to news outlets — Conspiracy theories about the shooting at a Trump rally began surfacing on X shortly after the news broke this afternoon …
More: Wired, Associated Press, Wired, The Atlantic, TheGamer, Cybernews.com, BNN Bloomberg, Forbes, Washington Post, Mashable, New York Times, NPR, and NBC Bay Area
Threads: @sivavaidhyanathan, @camwilsonreporter, @thatadamguy, @hunterwalk, @daveleebbg, @hankgreen, @benedictevans, @emoltzen, @faustaround, @supremebagholder, @reckless1280, @willoremus, and @blakersdozen
X: @lindayax, @daithaigilbert, @elonmusk, @ericnewcomer, @lucas_shaw, @aidnmclaughlin, @dlberes, @ericnewcomer, @cecianasta, @maxwelltani, @bcmerchant, @benjamingoggin, @tysonbrody, @ericnewcomer, @lawrencehurley, @fredericlambert, @binarybits, @binarybits, @drjbhattacharya, and @ali_lev
Forums: r/LincolnProject, r/usanews, and Beehaw
| Lloyd Lee / Business Insider: |
More: Stratechery, Washington Post, Fortune, Silicon Republic, The Information, Benzinga, Business Today, Newsmax, Times of India, VentureBeat, 9to5Mac, Los Angeles Times, The Verge, and GeekWire
X: @elonmusk, @tim_cook, @jeffbezos, @sundarpichai, @satyanadella, @ajassy, @justinsuntron, @reidhoffman, @sama, @cristianoamon, @benioff, @jessicalessin, and @mcuban
Forums: r/ConservativeKiwi and r/thedavidpakmanshow
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