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Israeli cybersecurity startup Wiz names veteran executive Fazal Merchant as president and CFO to prepare for a US IPO; sources: Wiz has ~$500M in annual revenue (Steven Scheer/Reuters) 09-01-2025

Steven Scheer / Reuters: Israeli cybersecurity startup Wiz names veteran executive Fazal Merchant as president and CFO to prepare for a US IPO; sources: Wiz has ~$500M in annual revenue  —  Israeli startup Wiz said on Thursday it had named veteran executive Fazal Merchant as president and chief financial officer … Lees verder op Tech Meme

Frank McCourt's Project Liberty says it made a formal bid to ByteDance to acquire TikTok's US assets, aiming to keep the app alive without its current algorithm (Jaiveer Singh Shekhawat/Reuters) 09-01-2025

Jaiveer Singh Shekhawat / Reuters: Frank McCourt’s Project Liberty says it made a formal bid to ByteDance to acquire TikTok’s US assets, aiming to keep the app alive without its current algorithm  —  Entrepreneur and former Los Angeles Dodgers owner Frank McCourt’s Project Liberty and its consortium of partners in The People’s Bid … Lees verder op Tech Meme

A US judge rules that Google must face a class action claiming Google collected users' personal data from their phones after they turned off Web & App Activity (Jonathan Stempel/Reuters) 09-01-2025

Jonathan Stempel / Reuters: A US judge rules that Google must face a class action claiming Google collected users’ personal data from their phones after they turned off Web & App Activity  —  Google failed to persuade a federal judge to dismiss a privacy class action claiming it collected personal data … Lees verder op Tech Meme

GOP Senator Markwayne Mullin says Mark Zuckerberg met with Donald Trump the day before announcing that Meta would replace fact-checking with Community Notes (Colby Hall/Mediaite) 09-01-2025

Colby Hall / Mediaite: GOP Senator Markwayne Mullin says Mark Zuckerberg met with Donald Trump the day before announcing that Meta would replace fact-checking with Community Notes  —  Meta CEO Mark Zuckerberg met with President-elect Donald Trump the day before announcing his social media platforms would end … Lees verder op Tech Meme

Elon Musk calls on California's and Delaware's AGs to force OpenAI to auction off a large stake in its business; source: OpenAI had no plans for such an auction (George Hammond/Financial Times) 09-01-2025

George Hammond / Financial Times: Elon Musk calls on California’s and Delaware’s AGs to force OpenAI to auction off a large stake in its business; source: OpenAI had no plans for such an auction  —  Latest salvo in legal battle over ChatGPT-maker’s restructuring as a for-profit company  —  A lawyer for Elon Musk has called … Lees verder op Tech Meme