Google parent to buy cybersecurity startup Wiz for whopping $32B
1. Alphabet plans to acquire Wiz for $32 billion to enhance cloud security. 2. Wiz rejected a prior $23 billion offer due to antitrust concerns. 3. The deal aims to strengthen Google's competitive edge in cybersecurity. 4. Regulatory approvals are required, delaying the closure until 2026. 5. Google's shares dropped nearly 3% amid broader market uncertainties.