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Alphabet will be acquiring cybersecurity startup Wiz for $32 billion. This is Alphabet’s largest-ever deal as it seeks to enhance cloud computing security. The price of the acquisition, announced on Tuesday, is significantly higher than the $23 billion Google had initially offered for Wiz in 2023. The all-cash acquisition is expected to strengthen Google Cloud’s security capabilities against rivals Amazon Web Services and Microsoft Azure. The 2023 deal had fallen through over antitrust concerns. This led the cybersecurity startup to shift its focus towards an initial public offering (IPO) and boosting recurring revenue. However, with shifting regulatory policies and Wall Street’s optimism about a more business-friendly environment under Donald Trump, Google successfully revived and completed the deal.

Google has confirmed that it has entered into «a definitive agreement» to acquire cloud cybersecurity startup Wiz. According to a joint press release from Google and Wiz, the all-cash deal is valued at $32 billion, subject to closing adjustments. Once finalised, Wiz will become part of Google Cloud. Google CEO Sundar Pichai shared more details about the deal on X. He wrote, “From our earliest days, Google’s strong security focus has made us a leader in keeping people safe online.”

Subscribe to enjoy similar stories. Apple could really use some of Steve Jobs’s famous reality distortion field right about now.

GST registrations have faced confusion regarding the process for distributing common input tax credits (ITC) availed on services to lower net GST liability. While some entities have opted for the input service distributor (ISD) mechanism to allocate common ITC to their other GST registrations (under the same PAN), others have chosen the cross-charge method. In July 2023, the Central Board of Indirect Taxes and Customs (CBIC) clarified that the ISD mechanism is not mandatory for distributing common ITC availed from third parties to other GST registrations. As a result, businesses had the flexibility to choose between the ISD mechanism and the cross-charge method. However, this arrangement will change starting April 1, 2025.

On the BSE, Looks Health Services(down 16.42 per cent), DAPS Advertising(down 16.01 per cent), Ekennis Software Service(down 14.78 per cent), Khandelwal Extr(down 14.76 per cent) and Diggi Multitrade(down 10.52 per cent) were among the stocks that plunged over 5 per cent during the session.

Medusa ransomware. This malware has targeted various industries by breaching data through phishing and exploiting security weaknesses. Authorities have shared ways to prevent attacks and secure networks.

“Ashok Talpatra was my hostel mate at IITB. His parents earned less than 10K/month, and they lived in a slum for 500 INR/month. He cracked AIR 63 out of 4.7L students and is now a Staff Software Engineer at Google in Zurich. IITs are India’s biggest social mobility enablers,” Bhatnagar posted on X (formerly Twitter).

A whole lot of chutzpah, leaps of faith, and a dash of putting yourself out there. You wouldn’t know from Manoj Pipersania’s demeanour that he’s painfully shy. Over a virtual call from Jaipur, the 46-year-old Founder and CEO of Softserv Solutions talks animatedly about everything from being visible for the sake of his employees (more on that later) to his penchant for shooting and getting a pilot’s licence. Softserv Solutions is more than a template IT firm specialising in business automation. Established as a private limited company in 2012, the company also offers tailored barcode solutions for use cases such as warehousing, clinical research, and RFID tagging for jewellery and other products. Its 20,000 sq ft headquarters in Jaipur belies the fact that Softserv is a micro enterprise employing just over 60 people. As Pipersania puts it, “We are the richest company in the world.” And scale has little to do with it. Pipersania started out in the early aughts as a CCNA (short for Cisco Certified Network Associate) IT specialist who configured ATMs for state-run Bank of Baroda before moving to Nepal to automate financial processes for a cooperative bank in the country. Running on just three hours of sleep a night, he’d write programmes and shop them to local businesses that needed to automate their processes. Thereon, he hopscotched from one job to another across countries — in India for Electronic Data Systems, now an HP subsidiary, then the US’ largest health insurer, UnitedHealth Group.

EPIC — from commitments made in court to the legal amendments required and the political opposition that is bound to follow. First is the question of the 66.23 crore Aadhaar numbers already collected by the poll panel until 2023. Shared voluntarily by EPIC holders, the 12-digit Aadhaar numbers have been «seeded» against Voter ID cards but the two databases have not been linked till date.

Subscribe to enjoy similar stories. Less than two months after LTIMindtree Ltd named Venu Lambu as its chief executive-designate, Nachiket Deshpande, the company’s chief operating officer who was a frontrunner in the CEO race, has stepped down from his role. Deshpande, who joined India’s sixth-largest information technology (IT) services company in November 2022 after the merger of Larsen and Toubro Infotech (LTI) and Mindtree, will be take charge as LTIMindtree’s president of global AI services, strategic deals and partnerships, Lambu said in a letter to associates, which Mint has seen.

Subscribe to enjoy similar stories. The Union Budget for 2024-25 rightly focused on promoting inclusive growth and enabling employment-led development in India. With a goal of assisting the poor and vulnerable groups, finance minister Nirmala Sitharaman proposed a scheme for the socioeconomic upliftment of Indian workers as the government tries to help them raise their incomes and attain sustainable livelihoods for a better quality of life.

Vikram Sarabhai Space Centre and Semiconductor Laboratory (SCL), Chandigarh have jointly developed 32-bit Microprocessors — Vikram 3201 and Kalpana 3201-- for space applications, the space agency has said. Vikram 3201 is the first fully Indian-made 32-bit microprocessor qualified for use in the harsh environmental conditions of launch vehicles. The processor was fabricated at the 180nm (nanometer) CMOS (Complementary Metal-Oxide-Semiconductor) semiconductor fab of SCL. This processor is an advanced version of the indigenously designed 16-bit Vikram 1601 microprocessor, which has been operating in the avionics system of ISRO's launch vehicles since 2009, ISRO said in a statement released late on Saturday. A «Make-in-India» version of the Vikram 1601 processor was subsequently inducted in 2016 after the 180nm semiconductor fab was established at SCL, the statement said. Kalpana 3201 is a 32-bit SPARC V8 (Scalable Processor ARChitecture, version 8) RISC (Reduced Instruction Set Computer) microprocessor and is based on the IEEE 1754 Instruction Set Architecture, the space agency said. This microprocessor has been designed to be compatible with open-source software toolsets along with in-house developed simulators and IDE (Integrated Development Environment), and has been tested with flight software, it said.

Subscribe to enjoy similar stories. Sorting through hundreds or thousands of resumes and conducting early-stage interviews is challenging and time-consuming. It leads to delays in the hiring process and inconsistent candidate experiences.

Rupert Murdoch's company for when readers are directed to copyrighted articles from the Wall Street Journal and New York Post. In a Wednesday night complaint filed in San Francisco federal court, Brave said News Corp sent a cease-and-desist letter threatening litigation and demanding compensation for the alleged misappropriation of copyrighted articles by «scraping» its websites and indexing their content. Brave countered that it is «fair use» to index website content, «which all search engine operators must do to exist.»

Subscribe to enjoy similar stories. The high-stakes battle in a US court between two of India’s biggest IT services companies—Cognizant Technology Solutions Corp and Infosys Ltd—took a curious turn this week.

Software Development Engineer at the quick commerce platform, Blinkit, has ignited discussions online after a user shared screenshots revealing its astonishing response. The Bengaluru-based opening attracted an overwhelming 13,451 applications within just 24 hours, highlighting the intense competition in the tech job market. The viral screenshots, originally posted on X (formerly Twitter), quickly gained traction, with many users expressing their thoughts on the situation. The data revealed that the majority of applicants—74%—were entry-level professionals, while 13% had senior-level experience. Additionally, 86% of those who applied held a bachelor’s degree, whereas 12% had a master’s degree.

Lip-Bu Tan may be one of the most powerful technology executives you've never heard of. As he steps into one of the highest-profile jobs on the planet, CEO of troubled, storied chipmaker Intel, his performance will be on full display. Tan, named Intel CEO on Wednesday, faces an enormous challenge in turning around the operations of a company that put the «silicon» in Silicon Valley. While little known to the public, his advantage is that virtually every one of Intel's former and potential customers knows him and has done business with him, either buying one of the many startups he backed or using software from a company he ran.

Struggling chipmaker Intel has hired former board member and semiconductor industry veteran Lip-Bu Tan as the latest in a succession of CEOs to attempt to turn around the company that helped define Silicon Valley

South by Southwest festival, Bluesky CEO Jay Graber made a quiet but pointed statement wearing a black T-shirt emblazoned with the Latin phrase “Mundus sine caesaribus” (“a world without Caesars”). The message was a direct clapback at Meta CEO Mark Zuckerberg, who months earlier had sported a similar shirt reading “aut Zuck aut nihil”, a twist on the ancient slogan “aut Caesar aut nihil” (“either a Caesar or nothing”). Graber’s fashion choice wasn’t just a meme; it encapsulated Bluesky’s mission to dismantle the idea of a social media emperor ruling over users. “Our infrastructure shouldn’t be controlled by one CEO,” Bluesky’s Emily Liu told Huffington Post, framing the platform’s decentralized model as a rebellion against Zuckerberg’s—or any billionaire’s dominance.