Technology based acquisition news trending on Google

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IBM has made a smart move to address the issue of cloud data protection by acquiring Polar Security, a company specializing in automated data protection. The tech giant has officially announced that this new acquisition will assist companies in tackling problems related to shadow data and software-as-a-service application data.

With the increasing adoption of cloud technology by companies, organizations are struggling to manage the influx of information from cloud apps. IBM’s recent acquisition has strengthened its AI and Hybrid Cloud capabilities, allowing for tracking and management of sensitive data across multiple cloud environments.

Moving on to the second news story that is currently trending on Google, Twitter’s Chief Elon Musk has acquired Laskie, an IT staff recruitment company, in a combination of equity and cash. Laskie specializes in connecting tech talent with prospective employers.

Recently, Musk appointed a new CEO named Linda Yaccarino, also known as ‘The Velvet Hammer,’ with the aim of improving the company’s reputation among advertisers. Musk envisions transforming Twitter into an all-inclusive app, where users can shop, transact, and engage in various activities.

To achieve this goal, Laskie has been brought in to recruit new talent, specifically targeting the field of financial services, and helping the social media giant establish a strong presence across all business sectors.

Consequently, starting from the second week of May this year, the recruitment platform has ceased operations and is no longer available for business. All employees have been notified to transition to new payrolls and will be joining the employee database of the networking giant by July this year.

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Naveen Goud is a writer at Cybersecurity Insiders covering topics such as Mergers & Acquisitions, Startups, Cyber Attacks, Cloud Security and Mobile Security

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