The recent acquisition by Alphabet Inc., the parent company of Google, has drawn significant attention in the technology sector: the purchase of Wiz Inc. for $32 billion marks a major step for the company in the realms of cybersecurity and cloud computing. This move not only aims to strengthen Google’s position in a rapidly evolving market but also raises numerous questions about the future of technology and economics as a whole.
Media giant Paramount Global $PARA finds itself in a challenging situation as its channels, including popular networks like CBS and Nickelodeon, became unavailable on YouTube TV, following a failure to renew their agreement. Both sides acknowledged the breakdown in negotiations.
