Alphabet Spends Billion

Alphabet Spends $32 Billion to Buy Cybersecurity Startup Wiz

If the deal for Alphabet to buy Wiz closes, it will become the company’s most expensive acquisition ever.

Inc. - 21h

Alphabet to buy cybersecurity startup Wiz for $32 billion

Google owner Alphabet has agreed to buy cybersecurity startup Wiz for $32 billion

ABC News - 21h

Google parent Alphabet to buy Wiz cybersecurity firm for $32 billion

The agreement comes after the cybersecurity startup rejected Google owner's original $23 billion proposal last July.

CBS News - 21h

House GOP budget plan would cut domestic spending by $13 billion

House Speaker Mike Johnson has unveiled his plan to avert a government shutdown by Friday night. The short-term stopgap bill would fund the government until Sept. 30, increase defense spending by ...

CBS News - Mar. 10

Spending Bill Omits Billions for Local Projects as Congress Cedes Power to Trump

The stopgap measure the G.O.P. is pushing to avert a government shutdown omits billions of dollars in member-requested projects, another way in which Congress has ceded its power on federal spending.

The New York Times - 4d

House votes to avoid government shutdown by passing temporary spending bill

The House of Representatives has passed a short-term funding bill to avert a government shutdown. The stopgap bill funds the government until Sept. 30. The measure increases defense spending by $6 ...

CBS News - Mar. 11

G.O.P. Spending Bill Would Force $1 Billion Cut to D.C. Budget

Republicans omitted a standard provision approving the District’s budget in a stopgap funding measure needed to avert a shutdown before the end of the week. The result would be a 16 percent cut.

The New York Times - Mar. 11

Confidence in German economy surges as parliament approves huge spending plan

Investors welcome prospect of hundreds of billions of euros to be spent on infrastructure and defense

MarketWatch - 21h

Reeves to squeeze public spending further in Spring Statement

Billions of pounds of savings sought from Whitehall budgets to fill a hole in the public finances

Financial Times - 14h

USDA cancels $1 billion in local meal funding for schools and food banks

The USDA said it is promoting wiser government spending, but schools say it will make it tougher to serve healthy meals.

CBS News - Mar. 11

The UK is cutting welfare spending to urge people to work. Critics say it will hurt the vulnerable

Britain’s Labour Party government has announced an overhaul of the welfare system it says will save the cash-strapped administration 5 billion pounds, or $6.5 billion

ABC News - 19h

Alphabet aims to slash cost of new nuclear with small reactor deployments, CIO says

Alphabet's Google unit struck a deal last October to buy power from small modular reactors under development by Kairos Power.

CNBC - Mar. 10

Canada Announces Arctic Radar Deal With Australia Amid Trump Threats

As President Trump talks about U.S. dominance of the Arctic, Canada says it will spend billions to defend the region, including buying new radar technology from Australia.

The New York Times - 12h

EPA Cancels $20 Billion in Climate Grants

Here is what we know about the billions in funds that have led to federal investigations, lawsuits and frozen bank accounts for climate nonprofit groups.

The New York Times - 6d

Alphabet agrees to buy cyber security group Wiz for $32bn

Previous round of negotiations to purchase group fell through last year

Financial Times - 1d

PepsiCo buys prebiotic soda brand Poppi for nearly $2 billion

PepsiCo said Monday that it is buying prebiotic soda brand Poppi for nearly $2 billion.

NBC News - 1d

Oakland A’s being valued at $2 billion in sale of new shares of team

John Fisher, managing partner of the Oakland A's, is offering new shares in his MLB team at a $2 billion valuation, according to sources.

CNBC - 1d

Germany votes for historic boost to defence spending

The move alters the German constitution, allowing the country to increase its military spending.

BBC News - 19h

Canada to impose 25% retaliatory tariffs on $21 billion worth of U.S. goods

Canada will impose 25% tariffs on more than $20 billion worth of U.S. goods in retaliation for the Trump administration's steel and aluminum duties.

CNBC - 6d

'Pokémon Go' sells to Saudi-backed Scopely in $3.5-billion deal

Scopely, a mobile game company, will purchase 'Pokémon Go' and other games from developer Niantic in a deal worth $3.5 billion, the companies announced Wednesday.

Los Angeles Times - 6d

Pokémon Go Maker Niantic Sells Unit to Saudi Fund for $3.5 Billion

Scopely said it would buy Niantic’s video game business, which includes Pokémon Go, for $3.5 billion. Saudi Arabia’s sovereign wealth fund acquired Scopely in 2023.

The New York Times - 6d

Pokémon Go Maker Niantic Sells Unit to Saudi Fund for $3.5 Billion

Scopely said it would buy Niantic’s video game business, which includes Pokémon Go, for $3.5 billion. Saudi Arabia’s sovereign wealth fund acquired Scopely in 2023.

The New York Times - 6d

Where are the Titans ranked in free agency spending?

The Tennessee Titans have been active in free agency, and their spending is in the middle of the pack with the rest of the league.

Yahoo Sports - 1d

Tech megacaps lose over $750 billion in market cap in worst day for Nasdaq since 2022

The seven most valuable tech companies lost more than $750 billion in market value on Monday

CNBC - Mar. 10

Salesforce pledges to invest $1 billion in Singapore over five years in AI push

Salesforce on Wednesday announced plans to invest $1 billion in Singapore over the next five years.

CNBC - Mar. 12

Americans lost $5.7 billion to investment scams in 2024, FTC says. Here's how to protect yourself

Americans lost $5.7 billion to investment fraud in 2024, up 24% from 2023, according to the Federal Trade Commission.

CNBC - 3d

Let Warren Buffet's old $1 billion offer for a perfect March Madness bracket remind you how impossible that is

Warren Buffet is offering everyone $1 billion that he knows no one will ever get.

Yahoo Sports - 2d

Google to acquire cloud security startup Wiz for $32 billion after deal fell apart last year

Google signed a "definitive agreement" to acquire Wiz for $32 billion in an all-cash deal

CNBC - 16h

Google’s parent to buy cybersecurity group Wiz in its biggest ever deal

Alphabet’s acquisition of Israeli startup for $32bn follows rejection of takeover bid last summer. Business live – latest updates Google’s owner, Alphabet, has agreed to buy the cybersecurity ...

The Guardian - 23h

Blackhawks Spending $30 Million on Non-Roster Players

The Chicago Blackhawks are spending a ridiculous amount of money on players not currently on their roster this season. The team has gotten to this point from all different pathways.

Yahoo Sports - Mar. 10

White House crypto czar says public has 'lost out on over $17 billion'

Crypto czar David Sacks argued taxpayers have lost out on billions because earlier administrations never took advantage of bitcoin in the government's possession.

ABC News - Mar. 7

OpenAI to pay CoreWeave $11.9 billion over five years for AI data centers, services

Ahead of CoreWeave's upcoming IPO, the provider of data centers for AI has signed a five-year deal with OpenAI worth almost $12 billion.

CNBC - Mar. 10

How a hidden benefit of a Wells Fargo asset cap removal could save the bank billions

The bank paid $2.5 billion more in remediation efforts in 2023 than in 2018, which was a year before Charlie Scharf became CEO.

CNBC - Mar. 11

Roche takes big step in weight-loss field with $5.3 billion deal. Novo Nordisk shares fall.

Swiss drugmaker Roche on Wednesday announced a major deal in the weight-loss category, agreeing to pay up to $5.3 billion to Zealand Pharma in a licensing and development deal.

MarketWatch - Mar. 12

Roche shares pop 5% on $5.3 billion obesity drug deal with Zealand Pharma

Swiss pharmaceutical giant Roche said Wednesday that it had struck a deal worth up to $5.3 billion to develop Zealand Pharma's obesity drug candidate.

CNBC - 6d

Binance secures ‘largest investment ever’ in crypto as Abu Dhabi’s MGX pledges $2 billion

Emirati state-owned investment firm MGX announced a $2 billion investment into Binance, marking the cryptocurrency exchange's first institutional investment.

CNBC - 6d

Tampa Bay Rays withdraw from planned $1.3 billion ballpark, citing storms and delays

The Tampa Bay Rays on Thursday withdrew from a $1.3 billion ballpark project, citing hurricanes and delays that likely will drive up the proposal’s cost.

NBC News - 5d

Tampa Bay Rays withdraw from planned $1.3 billion ballpark in St. Petersburg, citing storms, delays

The Tampa Bay Rays on Thursday withdrew from a $1.3 billion ballpark project, citing hurricanes and delays that likely will drive up the proposal’s cost

ABC News - 5d

Pony.ai CEO on Tesla's robotaxis: 'We haven't seen their large scale testing yet'

James Peng also noted the progress made by Alphabet's Waymo in deploying its autonomous ride-hailing cars on U.S. roads.

CNBC - Mar. 12

What Google's big Wiz cloud security deal means for Alphabet and our 2 cyber stocks

Google just announced its largest deal ever, with major implications for the competitiveness of its cloud business and the overall cybersecurity industry.

CNBC - 16h

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