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Google’s latest acquisition is its most expensive yet — and perhaps its riskiest, too. On Tuesday, the search giant announced that it acquired the cloud security startup Wiz for $32 billion. It’s a major bet that Wiz can help beef up Google’s cloud business, which makes far less money than the offerings built by its biggest rivals. But to do that, Google faces real challenges integrating this expensive acquisition and dodging regulatory concerns around what’s certain to be a high-profile…
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Google’s latest acquisition is its most expensive yet — and perhaps its riskiest, too. On Tuesday, the search giant announced that it acquired the cloud security startup Wiz for $32 billion. It’s a major bet that Wiz can help beef up Google’s cloud business, which makes far less money than the offerings built by its biggest rivals. But to do that, Google faces real challenges integrating this expensive acquisition and dodging regulatory concerns around what’s certain to be a high-profile…
We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.
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