A US judge has ruled that Google violated antitrust laws by maintaining an illegal monopoly in the search engine market. The ruling, which could lead to a potential breakup of Google’s parent company, Alphabet, is …
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Alphabet Shares Plunge Despite Earnings Beat as Expenses Surge
Alphabet, the parent company of Google, experienced a significant drop in its share price, falling over 3% in pre-market trading on Wednesday. This decline came despite the company exceeding second-quarter earnings expectations. The primary driver …
Continue readingGitLab Explores Sale Amidst Tech M&A Boom; Datadog Reportedly Interested
GitLab, a leading provider of cloud-based software development tools, is exploring a sale, according to sources familiar with the matter. The company, which has a market value of $8 billion, has attracted acquisition interest from …
Continue readingGoogle in Talks to Acquire Cybersecurity Startup Wiz for $23 Billion
Google’s parent company, Alphabet, is in advanced talks to acquire cybersecurity startup Wiz for a whopping $23 billion, according to the Wall Street Journal. If finalized, this deal would be Google’s largest acquisition ever, surpassing …
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