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A O Smith, a global water technology company, has signed an agreement to acquire Pureit at approximately USD $120 million. Pureit is a leading residential water purification business in South Asia, from Unilever. The acquisition is expected to be completed by the end of 2024. The Pureit’s annual sales is around USD $60 million, primarily Read more: A O Smith to acquire Pureit a leading water purifier brand of Unilever..
Alphabet, Google Parent Company, is reportedly in advanced talks to acquire Wiz, a cybersecurity startup, for approximately $23 billion. If the deal goes through, it would be Alphabet largest acquisition ever. This potential acquisition is generating a lot of buzz in the tech and cybersecurity industries. The most Significance in this would be Alphabet Google’s Read more: Alphabet, Google Parent Company is in advance talks to acquire WIZ, a cybersecurity startup..
OpenAI Whistleblowers have filed a complaint with the U.S. Securities and Exchange Commission (SEC) requesting an investigation into the company’s non-disclosure agreements (NDAs). OpenAI whistleblowers said that OpenAI’s non-disclosure agreements (NDAs) are overly restrictive and could potentially discourage employees from reporting concerns, including potential securities violations, to federal authorities. The OpenAI whistleblowers are requesting the Read more: OpenAI Whistleblowers filed a complaint with US SEC to investigate NDAs..