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Google’s $32 Billion Acquisition of Wiz Faces U.S. Antitrust Review, Bloomberg Reports

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The U.S. Justice Department is reviewing Google’s planned $32 billion acquisition of cybersecurity firm Wiz to determine if the deal could unlawfully reduce competition in the marketplace, according to Bloomberg News citing sources familiar with the matter.

This acquisition would be Alphabet’s largest to date and aims to integrate Wiz into Google’s cloud division, bolstering its cybersecurity offerings for enterprise customers to manage critical risks.

Both Google and the DOJ declined to comment, and Wiz did not immediately respond to Reuters’ request. The deal reportedly gained momentum after President Donald Trump’s inauguration, amid expectations of a more favorable antitrust environment.

Executives at Wiz reportedly remained cautious following the collapse of Adobe’s $20 billion attempt to buy Figma due to antitrust challenges in late 2023. Google has agreed to pay Wiz over $3.2 billion if the deal fails to close.

Trump’s appointments of Andrew Ferguson as FTC chair and Gail Slater to oversee DOJ antitrust reviews reportedly increased confidence in a smoother regulatory process.

This scrutiny arrives as Google also faces ongoing DOJ lawsuits alleging monopoly abuses in online search and advertising technology markets. In April, a U.S. judge ruled Google liable for “willfully acquiring and maintaining monopoly power” in publisher ad servers and ad exchange markets.

Taiwan Cyber Unit Unfazed by China’s Bounty Threat on Alleged Hackers

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Taiwan’s cyber defense forces have vowed not to be intimidated by China’s offer of monetary rewards for the arrest of 20 individuals Beijing claims are Taiwanese military hackers, the island’s defense ministry said on Wednesday. Taiwan emphasized that China’s legal system holds no jurisdiction over the democratically governed island.

The controversy escalated last week when China’s Guangzhou Public Security Bureau named and published photos, names, and identity card numbers of the alleged hackers linked to Taiwan’s Information, Communications and Electronic Force Command, offering rewards exceeding $1,000 for their capture. Beijing’s Taiwan Affairs Office warned that it would “pursue the matter to the end” and would not show leniency.

In response, Taiwan’s defense ministry condemned China for spreading false narratives and using “cross-border rewards” as part of what it called a disinformation campaign to weaken military morale. Taiwan’s constitution affirms that Chinese laws have no binding authority on the island or its people.

“The officers and soldiers of the Information, Communications and Electronic Force Command will remain steadfast,” the ministry said, “defending the digital frontier and ensuring national security through solid information defense.”

Taiwan has frequently accused China of extensive cyberattacks and disinformation campaigns aimed at undermining public trust in Taiwan’s government, amid increasing military and political pressure from Beijing.

Marks & Spencer Resumes Online Orders After 46-Day Cyberattack Shutdown

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British retailer Marks & Spencer (M&S) has resumed online orders for its clothing range after a 46-day suspension due to a cyberattack. The company’s shares rose 3.5% following the restart of standard home deliveries in England, Scotland, and Wales for most clothing items.

An M&S spokesperson noted that not all products are currently available online, with the initial focus on best-selling and new items. The retailer plans to expand the available product selection daily. Deliveries to Northern Ireland, as well as click-and-collect, next-day, nominated-day, and international delivery services, are expected to resume in the coming weeks.

M&S halted clothing and home orders through its website and app on April 25 after technical issues during the Easter holiday weekend disrupted contactless payments and click-and-collect services. The company had initially disclosed managing a “cyber incident” on April 22.

Last month, M&S projected that online disruptions would continue into July and estimated the financial impact at approximately £300 million ($404 million) in lost operating profit for the 2025/26 financial year. However, the company aims to reduce this loss through insurance claims and cost-cutting measures. The cyberattack also interfered with M&S’s supply chain, hindering its ability to stock stores during a period of high demand driven by warm weather.

Industry analysts anticipate that the upcoming end-of-season sale will feature larger inventories and deeper discounts than usual. Despite Tuesday’s share price recovery, M&S shares remain 9.5% lower since the cyberattack was first reported.

The breach occurred when hackers exploited a vulnerability by deceiving employees at a third-party contractor, allowing them to bypass M&S’s digital security measures. In response, M&S plans to use this incident as an opportunity to accelerate technological upgrades.

In recent weeks, several global retailers have reported similar cyber incidents, including UK grocer the Co-op Group, German sportswear brand Adidas, luxury jeweller Cartier, and U.S. lingerie retailer Victoria’s Secret.