The deal is Google's biggest deal ever and is expected to bolster its cloud business.
Google acquired cybersecurity startup Wiz for $32 billion in its largest acquisition ever. The deal highlights the AI boom's impact on the value of cybersecurity companies.
Google has announced a new wave of health-related updates to its search platform, aiming to provide users with more relevant and personalized medical information. The latest addition, called “What People Suggest,” uses artificial intelligence to compile insights from online discussions where patients share their experiences with specific health conditions.
Rohit Kulkarni, Roth MKM managing director, joins CNBC's 'Squawk on the Street' to discuss Google's acquisition of Wiz.
Shares of the technology giant Alphabet (GOOGL -2.95%) (GOOG -3.04%) were sliding this morning after the company announced it's purchasing the cloud security company Wiz for $32 billion in an all-cash deal.
Pre-market indexes are giving back some of the gains made over the past two regular trading sessions. We're currently hovering in a range following this morning's economic reports (more on them below).
While Alphabet (GOOG -3.10%) (GOOGL -3.01%) is one of the oldest internet-related companies operating, it remains among the most popular. That popularity helps the company's search business continue to generate significant revenue growth, plenty of cash, and solid profitability (a situation unlikely to change).
The cloud environment is, as a class, mostly secure. But the way that enterprises, and their employees, actually utilize the cloud service ecosystem is not.
Alphabet (GOOGL) is taking another shot at acquiring Wiz for a bigger price tag. The tech giant hopes to buy the cloud security startup for $32 billion, which would be its largest acquisition ever.
Aside from better-than-expected economic data, Alphabet just made its largest acquisition to date.
CNBC's Deirdre Bosa joins 'Squawk on the Street' to break down the details of Alphabet's acquisition of Wiz.
Google is buying cybersecurity firm Wiz for $32bn — its biggest acquisition ever. It's also the biggest deal of the year so far and a major test for Donald Trump's antitrust regime.