We’re over halfway through 2024, and already this year we have seen some of the biggest, most damaging data breaches in recent history. And just when you think that some of these hacks can’t get any worse, they do. From huge stores of customers’ personal information getting scraped, stolen and posted online, to reams of […]
TechCrunch Minute: Why did Wiz walk away from $23 billion?
As widely reported, Wiz recently said no to a $ 23 billion acquisition offer from Google. At that price, it would have been Google’s biggest acquisition ever. It’s possible the Google team got cold feet during due diligence, or there may have been concerns that regulators would have challenged an acquisition of this size. But […]
Cloud infrastructure revenue approached $80 billion this quarter
The cloud infrastructure market has put the doldrums of 2023 firmly behind it with another big quarter. Revenue continues to grow at a brisk pace, fueled by interest in AI. Synergy Research reports revenue totaled $ 79 billion for the quarter, up $ 14.1 billion or 22% from last year. This marked the third consecutive […]
InMobi eyes $10 billion valuation in 2025 India IPO
Adtech startup InMobi is eyeing a valuation of about $ 10 billion in an initial public offering it is planning for next year, two sources familiar with the matter told TechCrunch. The firm plans to list in India, the sources said, requesting anonymity as the deliberations are private. InMobi is profitable and plans to shift […]
The biggest data breaches in 2024: 1 billion stolen records and rising
We’re over halfway through 2024, and already this year we have seen some of the biggest, most damaging data breaches in recent history. And just when you think that some of these hacks can’t get any worse, they do. From huge stores of customers’ personal information getting scraped, stolen and posted online, to reams of […]