đWizâs $450m Dazz deal â 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 dazzâs expertise in remediation and posture management into wiz's all-in-one platform.
Wizâs CEO called dazz a âperfect fitâ 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.
đWizâs $450m Dazz deal â 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 dazzâs expertise in remediation and posture management into wiz's all-in-one platform.
Wizâs CEO called dazz a âperfect fitâ 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.
"Someone posing as a Ukrainian citizen just joins the chat and starts spreading misinformation, or gathers data, like the location of shelters," Tsekhanovska said, noting how false messages have urged Ukrainians to turn off their phones at a specific time of night, citing cybersafety. Again, in contrast to Facebook, Google and Twitter, Telegram's founder Pavel Durov runs his company in relative secrecy from Dubai. Markets continued to grapple with the economic and corporate earnings implications relating to the Russia-Ukraine conflict. âWe have a ton of uncertainty right now,â said Stephanie Link, chief investment strategist and portfolio manager at Hightower Advisors. âWeâre dealing with a war, weâre dealing with inflation. We donât know what it means to earnings.â The next bit isnât clear, but Durov reportedly claimed that his resignation, dated March 21st, was an April Foolsâ prank. TechCrunch implies that it was a matter of principle, but itâs hard to be clear on the wheres, whos and whys. Similarly, on April 17th, the Moscow Times quoted Durov as saying that he quit the company after being pressured to reveal account details about Ukrainians protesting the then-president Viktor Yanukovych. As such, the SC would like to remind investors to always exercise caution when evaluating investment opportunities, especially those promising unrealistically high returns with little or no risk. Investors should also never deposit money into someoneâs personal bank account if instructed.
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