Google is making the biggest acquisition in its history. The company’s parent company Alphabet is acquiring Wiz, the cloud security startup, for $32 billion, our sources say. The deal will still need regulatory and other approvals before closing. From what we can see, Google and Wiz have yet to confirm anything official. Other outlets are […]
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Nerdio, a platform designed to simplify how companies deploy and manage Microsoft cloud technologies, has raised $500 million in a Series C round of funding. The Chicago-based startup says its valuation has now quadrupled since its Series B round two years ago, and is now firmly in unicorn territory — though the company wouldn’t reveal […]
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Y Combinator-backed Nigerian food procurement startup Vendease has changed its employee pay structure and is seeking fresh capital, TechCrunch has learned. This is after laying off 44% of its workforce — around 120 employees —last month, marking its second round of job cuts in five months. In the latest development, the startup has now replaced […]
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African businesses pay up to four times the global average to transport goods. Nairobi-based logistics SaaS provider Leta wants to change that.
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Waymo has been given permission to map roadways at the San Francisco International Airport (SFO) via a temporary permit — the first step in the Alphabet company’s bid to unlock a potentially lucrative use case for its robotaxis. The temporary permit, which was announced Monday evening by San Francisco Mayor Daniel Lurie, kicked off March […]
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Google’s parent company Alphabet is again in advanced talks to acquire cloud cybersecurity startup Wiz, a person familiar with the deal told TechCrunch. The two companies were close to securing a deal at a $23 billion valuation last summer, but the transaction failed to materialize. This time, the price being discussed is higher, the person […]
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Intel’s new CEO Lip-Bu Tan seems ready to get right to work to turn around the struggling company. The semiconductor giant’s new executive is considering sweeping changes for the company’s chip manufacturing and AI strategies, according to Reuters, including: cutting middle management staff and revamping the company’s approach to manufacturing chips. Tan reportedly told company […]
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It’s gloves off in one of the more tense rivalries in the world of startups. HR company Rippling Monday morning announced a lawsuit against Deel, another big player in the same space. The dramatic 50-page complaint alleges racketeering, misappropriation of trade secrets, tortious interference, unfair competition, and aiding & abetting breach of fiduciary duty. The […]
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If you’ve ever spent way too long scrolling through endless feeds about nothing, you may have been advised to touch grass. It’s a tongue-in-cheek suggestion, basically telling you to log off and go outside. But one developer took the concept to the next level. Rhys Kentish launched an iOS app last week called Touch Grass, […]
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