Google-officially-snaps-up-Wiz-as-it-closes-mammoth-32.jpeg

Google officially snaps up Wiz as it closes mammoth $32 billion deal

by with No Comment Xpandfy

  • Google’s $32 billion Wiz deal has officially closed.
  • The search giant said last year it would buy the cybersecurity firm to bolster its cloud business.
  • It’s Google’s biggest-ever acquisition.

Google’s $32 billion acquisition of cybersecurity firm Wiz has officially closed.

The search giant announced on Wednesday that Wiz will join Google Cloud at a moment when AI is making cloud security more vital. Wiz offers a platform that helps customers protect data across different cloud services.

“In today’s AI era, more businesses and governments are migrating their most important data and systems to the cloud and turning to agile and continuous software development,” Google wrote in a post announcing the news.

“As these organizations operate in a multicloud environment and adopt AI, attackers are using AI to operate with greater speed and sophistication,” the company added.

Google announced last year that it intended to buy Wiz for $32 billion in the search giant’s biggest-ever acquisition.

The deal, which was also viewed as a test for President Donald Trump’s antitrust agenda, could be a boon for Google’s cloud business as it pursues customers for its AI products.

Google said Wiz would remain a multicloud offering after the acquisition, meaning it will continue to be made available through rival cloud providers such as Amazon and Microsoft.

“Our mission remains as bold as ever: to protect everything organizations build and run,” Assaf Rappaport, the CEO of Wiz, said in a blog post. “And we are still just getting started.”




Source link

Eugene Kim headshot

Amazon closes warehouses and suspends deliveries across Abu Dhabi

by with No Comment Xpandfy

Amazon closed its fulfillment center operations in Abu Dhabi and suspended deliveries across the region, as the company responds to escalating instability that is rippling across its Middle East network.

The e-commerce giant shared the updates in an internal memo this week, which was seen by Business Insider. As a result, customers in the region are experiencing delivery and return delays, the memo said.

Amazon employees in Saudi Arabia and Jordan have been instructed to remain indoors, the memo added. Many Amazon employees across the region are transitioning to work from home this week, while all business travel to Israel and Lebanon has been blocked.

No employee safety issues have been reported so far, the memo said.

Amazon’s spokesperson wasn’t immediately available for comment.

The disruption highlights how quickly geopolitical tensions can strain global supply chains. Amazon has spent years expanding its logistics footprint in the Middle East, after acquiring Souq.com for roughly $600 million in 2017. The UAE anchors that network, which also includes Amazon marketplaces in Saudi Arabia, Egypt, and Turkey.

The shutdown in Abu Dhabi is expected to reduce network capacity across Amazon’s Middle Eastern businesses, according to the memo. The company has placed additional operational support on standby as it manages disruptions and monitors the situation.

The impact extends well beyond Amazon’s own warehouses. Nearly 300,000 third-party sellers in the region are facing shipment delays and potential order cancellations as logistics channels tighten, according to the memo. Many of these sellers rely on Amazon’s fulfillment and cross-border shipping infrastructure to move goods between Gulf countries.

Amazon did not specify how long deliveries in Abu Dhabi would remain suspended.

The US-Iran conflict in the region has also caused a power outage at one of Amazon’s data centers, the company announced on Sunday. Amazon said it could take at least a day to repair the damage.

Have a tip? Contact this reporter via email at ekim@businessinsider.com or Signal, Telegram, or WhatsApp at 650-942-3061. Use a personal email address, a nonwork WiFi network, and a nonwork device; here’s our guide to sharing information securely.




Source link