Google purchasing startup Wiz for $32 billion

Google has reached a deal with Wiz to purchase the cloud cybersecurity startup.  The tech giant will pay $32 billion in cash to become the owner of Wiz "subject to closing adjustments," Alphabet-owned Google said Tuesday. The all-cash buyout comes after Wiz rejected a$23 billion bid from Alphabet last year due to concerns about antitrust approvals and its aim to focus on an initial public offering.  The cloud cybersecurity startup will be under Google Cloud once the deal closes, according to Google. Comple ...