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☆ Google is close to making its biggest acquisition ever
▼ + stars: | 2024-07-15 | by ( Matt Egan | Jordan Valinsky | ) edition.cnn.com time to read: +3 min

New York CNN —Google owner Alphabet is in advanced discussions to buy fast-growing cybersecurity startup Wiz for roughly $23 billion, a person familiar with the matter confirmed to CNN. A takeover of Wiz, which makes cybersecurity software for cloud computing, would represent a major bet by Google on cybersecurity, marking the tech giant’s biggest-ever acquisition. Discussions between Google and Wiz began after the startup raised $1 billion from venture capital investors earlier this year, the source said. Google Cloud is central to the company’s efforts to diversity revenue beyond its core search advertising business. Notable customers include BMW, Slack and Salesforce, and it works with major cloud companies including Amazon, Microsoft and Google.

Persons: Wiz, Dan Ives, Biden, Trump, Ives, — Assaf Rappaport, Ami Luttwak, Yinon Costica, Roy Reznik, Slack Organizations: New, New York CNN, Google, CNN, Wiz, Wall Street, Motorola, Microsoft, Wedbush, White, Federal Trade Commission, Big Tech, Israel Defense Forces, Fortune, BMW, Amazon Locations: New York, New York City

☆ Middle East Crisis U.S. Vetoes U.N. Resolution Calling for a Cease-Fire in Gaza
▼ + stars: | 2024-02-20 | by ( Farnaz Fassihi | ) www.nytimes.com time to read: +4 min

But the donations have become the focus of a legal battle after an Israeli credit card company balked at transferring the funds. The campaign portrayed the family as victims of harassment by the Israeli left and emphasized its financial plight since Mr. Levi’s accounts were frozen. Then the nonprofit group that organized it took it down. The campaign to support Mr. Chasdai has raised 114,000 shekels, roughly $31,000, through a separate crowdfunding platform. But the sweeping nature of the U.S. sanctions means that financial institutions would be reluctant to participate in efforts to direct money to Mr. Levi or others, experts said.

Persons: Biden, Yinon Levi, Levi, Levi’s, David Chai Chasdai, Levi —, Britain —, Sapir Levi, Reut Gez, “, Gez, Chasdai, ”, Eliav Lieblich Organizations: West Bank, Cal, Mr, U.S . State Department, ABC News, State Department, Britain, Mount, Mount Hebron Regional Council, Democratic Bloc, Tel Aviv University, “, U.S . Treasury Locations: U.S, Tel Aviv, Israel, Palestinian, Huwara, Israeli, Hebron, Mount Hebron

☆ ‘Erase Gaza’: War Unleashes Incendiary Rhetoric in Israel
▼ + stars: | 2023-11-15 | by ( Mark Landler | More About Mark Landler | ) www.nytimes.com time to read: +9 min

Shock, grief and pain have cascaded across Israel since Hamas gunmen poured out of Gaza to kill an estimated 1,200 Israeli civilians and soldiers on Oct. 7. Mr. Netanyahu suspended Mr. Eliyahu, saying that his comments were “disconnected from reality.”Mr. Netanyahu says that the Israeli military is trying to prevent harm to civilians. Such reassurances are also belied by the language Mr. Netanyahu uses with audiences in Israel. “Gaza nakba 2023.”The rise in incendiary statements comes against a backdrop of rising violence in the West Bank. It will also make Israelis more inured to the civilian death toll in Gaza, which has isolated Israel around the world, he added.

Persons: ”, Yoav Gallant, We’re, Naftali Bennett, “, Benjamin Netanyahu, FakeReporter, Ghazi Hamad, Israel, Itamar Ben, Netanyahu’s, Amichay Eliyahu, Netanyahu, Eliyahu, Mr, Amalek, Michael Sfard, Sfard, ” Yehuda Shaul, Eyal Golan, Sara Netanyahu, Yinon, Don’t, ” Mr, Golan, Ms, Magal, —, Avi Dichter, Eran Halperin, Halperin, erodes, ’ ” Adam Sella Organizations: Twitter, Mr, Human Rights, West Bank, United Nations, Hebrew University, “, ” Locations: Israel, Gaza, United States, Palestine, Jerusalem, Israeli

☆ Web Summit CEO apologises for comments on Israeli conflict
▼ + stars: | 2023-10-17 | by ( ) www.reuters.com time to read: +2 min

JERUSALEM, Oct 17 (Reuters) - Web Summit Chief Executive and founder Paddy Cosgrave on Tuesday apologised for comments he made on the Israeli-Hamas conflict that prompted some technology companies and investors to withdraw plans to attend its conference in Portugal next month. Web Summit, one of the world's largest tech conferences, will take place in Lisbon from Nov. 13-16, with attendees from companies such as Meta (META.O) and Microsoft (MSFT.O) to investors such as Atomico. "War crimes are war crimes even when committed by allies, and should be called out for what they are," wrote Cosgrave, who was born in Ireland. Among executives to have cancelled their participation at Web Summit are AI21 Labs' Ori Goshen; Tome's Keith Peiris; Sequoia Capital partner Ravi Gupta; Yinon Costica, co-founder of Israeli cybersecurity unicorn Wiz; and Y Combinator’s Garry Tan, according to LinkedIn and X posts. Philippe Botteri, CEO of tech investor Accel, said in a LinkedIn post on Monday he would no longer speak at Web Summit.

Persons: Paddy Cosgrave, Cosgrave, I’m, Leo Varadkar's, Israel, Cosgrove, Goshen, Tome's Keith Peiris, Ravi Gupta, Yinon Costica, Y, Garry Tan, Philippe Botteri, Portugal Dor Shapira, Steven Scheer, Supantha Mukherjee, Josephine Mason, Alison Williams, Mark Potter Organizations: Web, Microsoft, Palestinian, Hamas, Irish, AI21 Labs, Sequoia Capital, Thomson Locations: Portugal, Lisbon, Gaza, Israel, Ireland, Jerusalem, Stockholm, London

☆ Cyber firm Wiz moving funds out of Israel due to judicial plans -source
▼ + stars: | 2023-02-07 | by ( Steven Scheer | ) www.reuters.com time to read: +2 min

[1/2] Israelis working in the hi-tech sector hold signs with the Hebrew words "No democracy, no hi-tech" as they demonstrate against proposed judicial reforms by Israel's new right-wing government in Tel Aviv, Israel January 24, 2023. The source, who spoke to Reuters on condition of anonymity, said Wiz, a unicorn with a value of some $6 billion, has concerns about growing uncertainty in the Israeli market in light of the proposed changes. Wiz declined to comment on the transfer of money out of Israel which was initially reported by Channel 12 news. The proposed judicial overhaul, which has yet to be written into law, would tighten political control over judicial appointments and limit the Supreme Court's powers to overturn government decisions or Knesset laws. On Monday, Bank of Israel Governor Amir Yaron told lawmakers that institutional independence was vital for Israel's sovereign credit rating.

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