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European Commission Rejects Claims of Reduced Multi-Cloud CompetitionThe European Commission has unconditionally approved Google's takeover of cloud security vendor Wiz, saying customers will retain alternatives in the cloud infrastructure and security markets even as critics warned the $32 billion deal could entrench Google's ecosystem.

Bank Info Security 5 months, 2 weeks ago

Groups Warn $32B Google-Wiz Deal Threatens Cloud Competition

Civil Society Orgs Concerned Deal Could Tilt Cloud Security Space in Google’s FavorA coalition of European civil society organizations is urging regulators to launch a detailed antitrust investigation into Google's proposed $32 billion purchase of Wiz. They argue the acquisition would strengthen Google's dominance in cloud security and undermine multi-cloud neutrality.

Countries that banded together to challenge Boeing in the air try to do the same to AWS, Microsoft, and Google on the ground Feature More than half a century ago, a consortium of European aerospace businesses from the UK, France, Germany and Spain joined forces to take on America's Boeing. Fast forward to the 21st century and the countries are applying the same model needs to the world of cloud computing, giving the continent a fighting chance to reduce the digital domination of Big Tech.…

Europe Tries, Tries Again Amid Transatlantic UncertaintyEuropean cloud users love hyperscalers - but they’re all American. Microsoft, Google and Amazon Web Services together hold 70% of the European market, with local providers mustering a mere 15% collectively. That landscape could soon change in the face of geopolitical reality.

Cybersecurity researchers are warning about a spike in email phishing campaigns that are weaponizing the Google Cloud Run service to deliver various banking trojans such as Astaroth (aka Guildma), Mekotio, and Ousaban (aka Javali) to targets across Latin America (LATAM) and Europe