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Sources: cloud security startup Wiz will not acquire competitor Lacework; the deal, which was valued at $150M-$200M, fell through during due diligence process (Meir Orbach/CTech) 03-05-2024

Meir Orbach / CTech: Sources: cloud security startup Wiz will not acquire competitor Lacework; the deal, which was valued at $150M-$200M, fell through during due diligence process  —  The companies recently signed a Letter of Intent with the aim of completing a deal for around $150-200 million. Lees verder op Tech Meme

Mimic, which helps businesses detect, deflect, and quickly recover from ransomware attacks, emerges from stealth with a $27M seed led by Ballistic Ventures (Ryan Naraine/SecurityWeek) 03-05-2024

Ryan Naraine / SecurityWeek: Mimic, which helps businesses detect, deflect, and quickly recover from ransomware attacks, emerges from stealth with a $27M seed led by Ballistic Ventures  —  A new Silicon Valley startup called Mimic is coming out of the shadows with a hefty $27 million seed-stage funding round led by Ballistic Ventures. Lees verder op Tech Meme

Japan's PM Fumio Kishida unveils an international voluntary framework for regulation and use of generative AI and says 49 countries and regions have signed up (Associated Press) 03-05-2024

Associated Press: Japan’s PM Fumio Kishida unveils an international voluntary framework for regulation and use of generative AI and says 49 countries and regions have signed up  —  Japanese Prime Minister Fumio Kishida unveiled an international framework for regulation and use of generative AI on Thursday … Lees verder op Tech Meme