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🌐 Wiz’s $450m Dazz deal — a power move in cybersecurity?

Big moves in cloud security! Wiz, a major player in cybersecurity, just acquired dazz for $450M in cash and stock. This deal brings dazz’s expertise in remediation and posture management into wiz's all-in-one platform.

Wiz’s CEO called dazz a “perfect fit” and hinted at more acquisitions coming soon, fueled by $1B set aside for growth. With $500M in annual recurring revenue and nearly half the Fortune 100 as clients, Wiz is betting big on a secure future.

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🌐 Wiz’s $450m Dazz deal — a power move in cybersecurity?

Big moves in cloud security! Wiz, a major player in cybersecurity, just acquired dazz for $450M in cash and stock. This deal brings dazz’s expertise in remediation and posture management into wiz's all-in-one platform.

Wiz’s CEO called dazz a “perfect fit” and hinted at more acquisitions coming soon, fueled by $1B set aside for growth. With $500M in annual recurring revenue and nearly half the Fortune 100 as clients, Wiz is betting big on a secure future.

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Russians and Ukrainians are both prolific users of Telegram. They rely on the app for channels that act as newsfeeds, group chats (both public and private), and one-to-one communication. Since the Russian invasion of Ukraine, Telegram has remained an important lifeline for both Russians and Ukrainians, as a way of staying aware of the latest news and keeping in touch with loved ones. Markets continued to grapple with the economic and corporate earnings implications relating to the Russia-Ukraine conflict. “We have a ton of uncertainty right now,” said Stephanie Link, chief investment strategist and portfolio manager at Hightower Advisors. “We’re dealing with a war, we’re dealing with inflation. We don’t know what it means to earnings.” The gold standard of encryption, known as end-to-end encryption, where only the sender and person who receives the message are able to see it, is available on Telegram only when the Secret Chat function is enabled. Voice and video calls are also completely encrypted. "We're seeing really dramatic moves, and it's all really tied to Ukraine right now, and in a secondary way, in terms of interest rates," Octavio Marenzi, CEO of Opimas, told Yahoo Finance Live on Thursday. "This war in Ukraine is going to give the Fed the ammunition, the cover that it needs, to not raise interest rates too quickly. And I think Jay Powell is a very tepid sort of inflation fighter and he's not going to do as much as he needs to do to get that under control. And this seems like an excuse to kick the can further down the road still and not do too much too soon." Some privacy experts say Telegram is not secure enough
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