Google revives talks to acquire Wiz at higher valuation

Google’s parent company Alphabet is again in advanced talks to acquire cloud cybersecurity startup Wiz, a person familiar with the deal told TechCrunch. The two companies were close to securing a deal at a $23 billion valuation last summer, but the transaction failed to materialize.  This time, the price being discussed is higher, the person … Read more

UK’s internet watchdog puts storage and file-sharing services on watch over CSAM

As duties under the U.K.’s Online Safety Act (OSA) related to tackling illegal content came into force Monday, the internet watchdog, Ofcom, said it has launched a new enforcement program focused on online storage and file-sharing services. The regulator said its evidence shows that file-sharing and file-storage services are “particularly susceptible” to being used for … Read more

European tech industry coalition calls for ‘radical action’ on digital sovereignty — starting with buying local

A broad coalition drawn from across the ranks of Europe’s tech industry is calling for “radical action” from European Union lawmakers to shrink reliance on foreign-owned digital infrastructure and services to bolster the bloc’s economic prospects, resilience, and security in increasingly fraught geopolitical times. In an open letter to European Commission president, Ursula von der … Read more

Baidu launches two new versions of its AI model Ernie

Chinese search engine Baidu has launched two new AI models — Ernie 4.5, the latest version of the company’s foundational model first released two years ago, as well as a new reasoning model, Ernie X1. According to Reuters, Baidu claims that Ernie X1’s performance is “on par with DeepSeek R1 at only half the price,”, … Read more

VC Aileen Lee highlights how the broader investor exodus is worsening woes for unicorn companies

In this week’s episode of the StrictlyVC Download podcast, veteran VC Aileen Lee was direct about a major consequence of the recent boom-and-bust cycle: many companies stuck in limbo aren’t just struggling to regain their footing after raising too much money at unsustainable valuations; they’ve also lost the champions who once backed them. Lee was … Read more