Author: GT

SAN FRANCISCO (AP) — Google has struck a deal to buy cybersecurity firm Wiz for $32 billion in what would be the tech giant’s biggest-ever acquisition at the same time it’s facing a potential breakup of its internet empire. The proposed takeover announced Tuesday is part of Google’s aggressive expansion into cloud computing during an artificial intelligence boom. The frenzy is driving demand for data centers that provide the computing power for AI technology and intensifying the competition in that space among Google and two other tech powerhouses, Microsoft and Amazon. If the all-cash transaction is approved by regulators, Wiz…

It’s difficult to build devices that replicate the fluid, precise motion of humans, but that might change if we could pull a few (literal) strings.At least, that’s the idea behind “cable-driven” mechanisms in which running a string through an object generates streamlined movement across an object’s different parts. Take a robotic finger, for example: You could embed a cable through the palm to the fingertip of this object and then pull it to create a curling motion.While cable-driven mechanisms can create real-time motion to make an object bend, twist, or fold, they can be complicated and time-consuming to assemble by…

(Bloomberg) — Strategy plans to sell $500 million of dollar-denominated perpetual preferred stock. Most Read from Bloomberg The enterprise software company, formerly known as MicroStrategy, intends to use proceeds for general corporate purposes, including the acquisition of Bitcoin and for working capital. It aims to price the offering later this week after a roadshow consisting of small one-on-one meetings Tuesday and Wednesday. The deal will carry a fixed dividend rate of 10% per annum. Morgan Stanley, Barclays Plc, Citigroup Inc., and Moelis & Co. are acting as bookrunners for the offering. It will not be rated. This issuance follows Strategy’s…

GTC, Nvidia’s biggest conference of the year, returns this week, with the biggest announcements probably coming Tuesday. If you can’t make it in person, don’t sweat it. TechCrunch will be on the ground covering the major developments, and we’ve made it easy for you to follow along. Many of the biggest presentations, talks, and panels will be livestreamed as well. The conference started Monday, and Nvidia CEO Jensen Huang is scheduled to deliver a keynote from the SAP Center on Tuesday at 10 a.m. PT, which you’ll be able to stream and watch online at Nvidia.com without having to register,…

On March 18, CryptoQuant CEO Ki Young Ju posted on X (formerly Twitter) that the Bitcoin bull cycle is over, with a bearish or sideways price action for the next 6-12 months. To back the claim, Ju cited on-chain metrics such as the Profit and Loss (PnL) Index Cyclical Signals. The metric plots a 365-day moving average (MA) against on-chain data — the asset’s price in this case, and suggests Buy or Sell signals. Ki’s post showed that the Bitcoin PnL Index Cyclical Signals suggested selling the asset at this point. Ki posted a Principal Component Analysis chart also that…

Packages ride on a conveyor belt during Cyber Monday, one of the company’s busiest days at an Amazon fulfillment center on December 2, 2024 in Orlando, Florida. Miguel J. Rodriguez Carrillo | Getty ImagesThe Federal Trade Commission is going after an e-commerce company that allegedly took millions of dollars from consumers as part of a “passive income” scheme, which spun up Amazon storefronts on their behalf and promised “insane returns” that were higher than the stock market.The FTC said Tuesday it filed a lawsuit against the company, called Click Profit; its co-founders Craig Emslie and Patrick McGeoghean; and two other business…

GTC, Nvidia’s biggest conference of the year, begins Monday and runs till Friday in San Jose, with the biggest announcements probably coming Tuesday. TechCrunch will be on the ground covering the news as it happens — and we’re expecting a healthy dose of announcements. And we’re making it easy for you to follow along. CEO Jensen Huang will give a keynote address at the SAP Center on Tuesday at 10 a.m. PT, focusing on — what else? — AI and accelerating computing technologies, according to Nvidia. The company is also teasing reveals related to robotics, sovereign AI, AI agents, and…

Dogecoin (DOGE) has been struggling to keep pace, and in the last 30 days, the memecoin has depreciated 38.43%. On-chain data from Santiment reveals that wallets with a balance of at least 1 million DOGE have increased by 1.24% since the start of February. This accumulation trend suggests that these major investors regard DOGE as underpriced and might be preparing for an upcoming surge. Historically, these accumulation phases have come ahead of price recoveries to the upside. At the same time, on-chain data also points out that active addresses for Dogecoin have spiked to above 150,000 per day, the highest…

Security researchers have observed hackers linked to the notorious LockBit gang exploiting a pair of Fortinet firewall vulnerabilities to deploy ransomware on several company networks.  In a report published last week, security researchers at Forescout Research said a group it’s tracking dubbed “Mora_001” is exploiting the Fortinet firewalls, which sit on the edge of a company’s network and act as digital gatekeepers, to break in and deploy a custom ransomware strain they call “SuperBlack.” One of the vulnerabilities, tracked as CVE-2024-55591, has been exploited in cyberattacks to breach the corporate networks of Fortinet customers since December 2024. Forescout says a…

A sophisticated cyber espionage campaign has been uncovered where threat actors are masquerading as recruiters to target job seekers and employees of specific organizations. The attackers send phishing emails disguised as job opportunities from legitimate industrial organizations, attaching malicious files that appear to be employment offers but actually deploy malware to steal sensitive information. Phishing email sent by the threat actor (Source – Bi.Zone) The campaign uses social engineering tactics centered around job recruitment, a particularly effective strategy as job seekers are more likely to open attachments related to potential employment opportunities. The emails contain password-protected zip files with seemingly…