walks

Wiz walks away from Google’s $23B acquisition offer: Read the CEO’s note to employees

by Marina Temkin
July 23, 2024
I.T. Today
2 min read

Cybersecurity startup Wiz has turned down a $23 billion acquisition offer from Alphabet, Google’s parent company, according to a source familiar with discussions. Despite the offer representing a substantial premium over its last private valuation…

Deepfake scammer walks off with million in first-of-its-kind AI heist

Deepfake scammer walks off with $25 million in first-of-its-kind AI heist

by Benj Edwards
February 5, 2024
I.T. Today
3 min read

On Sunday, a report from the South China Morning Post revealed a significant financial loss suffered by a multinational company’s Hong Kong office, amounting to HK$200 million (US$25.6 million), due to a sophisticated scam involving…