Google to Acquire Cybersecurity Company Wiz for $320 Billion, Welcoming Wiz to Google Cloud
On March 18th, Google announced that it would acquire the cybersecurity company Wiz for $3.2 billion. Following the acquisition, Wiz will become a part of Google Cloud.
Google stated that this acquisition represents a significant investment in two major growth trends of the AI era - cloud security and multicloud capabilities. The purpose is to enhance Google Cloud's competitiveness in the field of cybersecurity. Wiz's products will continue to operate as they usually do and will be accessible on all major cloud platforms, such as Amazon Web Services, Microsoft Azure, and Oracle Cloud.
2 minutes ago
U.S. Treasury Secretary: No Reason for Recession, Will Allocate Tariff Rates to Each Country Individually
On March 18th, U.S. Treasury Secretary Yellen declared that the foundation of the U.S. economy is robust and there is no justification for a recession. She also refuted the claim of guaranteeing that a recession will not take place, saying, "I can't provide any guarantees."
Regarding the upcoming reciprocal tariffs scheduled to be announced on April 2nd, Yellen stated, "I haven't come across the relevant figures yet. This process will involve allocating specific tariffs to each trading partner. In some instances, a country may manage to avoid reciprocal tariffs. Other trading partners may attempt to negotiate for lower tariff levels after being allocated a quota." (FXStreet)
2 minutes ago
Strategy Update: Addition of Preferred Shares to Bring in $500 Million Incremental Funding
On March 18th, according to an official communication from Strategy (formerly MicroStrategy), it is planned to issue 5 million shares of Series A Perpetual Strife Preferred Stock with a par value of $100 per share. This will enable them to obtain an additional $500 million to implement their Bitcoin strategy.
The Series A Perpetual Preferred Stock will have a fixed annual interest rate of 10.00%, with dividends accruing cumulatively. The regular dividends of the Perpetual Preferred Stock will be paid quarterly when declared by the Strategy board of directors and will be paid out of legally available funds for payment. The payment dates for the regular dividends are March 31st, June 30th, September 30th, and December 31st of each year, starting from June 30, 2025. The declared regular dividends will only be paid in cash. If any accrued regular dividends are not paid on the applicable dividend payment date, additional dividends will accumulate on the unpaid amount of regular dividends (
2 minutes ago
MEXC Launches Bedrock (BR) Trading Event with a $150,000 USDT Prize Pool
March 18th. According to official channels, MEXC has initiated the Bedrock (BR) online event, featuring a total prize pool of 150,000 USDT. Event Duration: From March 18, 2025, at 19:00 to April 1, 2025, at 19:00 (UTC+8). After meeting the liquidity requirements, MEXC will list Bedrock (BR) in the Innovation Zone and open the BR/USDT trading market. Furthermore, MEXC will introduce the flash exchange function of BR to enable users to make seamless and instant exchanges with other assets.
2 minutes ago
Nasdaq Plans to Establish Regional Headquarters in Texas
On March 18th, as per informed sources, Nasdaq, which has long been associated with the prime location of Times Square, is going to open its first regional headquarters in Dallas, Texas. This is its latest step into Texas, which is aiming to replace the US Northeast as the country's business center. Nasdaq will set up a regional headquarters in Dallas later this year, and Dallas will be the place for the so-called Y'allStreet. According to informed sources, the focus of this office will not only be on successful listings (which is often regarded as the prestigious business of a stock exchange). It will also accommodate some of Nasdaq's technology and financial crime management businesses, assisting Nasdaq's clients in detecting fraud and money laundering. (Jinse)
2 minutes ago
App Store
Profile
Security
Sign Out
Feeds
Articles
Source
Add to Favorites
Download image
Share x
Copy link
