Google deal for 'hot market' cyber firm Wiz would bolster cloud security By Zeba Siddiqui SAN FRANCISCO, July 16 (Reuters) - If Alphabet's GOOGL.O Google is successful in its effort to buy cloud security company Wiz, it would bolster its cloud security offerings for large organisations, a hotspot for hackers, and help it take on cloud rivals Amazon.com AMZN.O and Microsoft MSFT.O , experts said.

Former Yandex chief Volozh returns with AI infrastructure venture after Russia split By Alexander Marrow July 16 (Reuters) - Freed from its ties to Russia, newly unveiled Dutch firm Nebius hopes to help lead the great drive to build the infrastructure underpinning artificial intelligence, founder Arkady Volozh, who previously set up Russian tech giant Yandex, told Reuters.

Italy - Factors to watch on July 16 The following factors could affect Italian markets on Tuesday. Reuters has not verified the newspaper reports, and cannot vouch for their accuracy. New items are marked with (*). For a complete list of diary events in Italy please click on IT/DIA . ECONOMY ISTAT releases June CPI final data (0800 GMT) and May foreign trade data (0900 GMT).

Trump VP pick supports Big Tech antitrust crackdown By Jody Godoy July 15 (Reuters) - Former U.S. President Donald Trump's vice presidential pick J.D. Vance has openly praised the work of Federal Trade Commission Chair Lina Khan, a sign that the agency's broad approach to antitrust enforcement could enjoy some level of support from a second Trump administration.

BREAKINGVIEWS-Wiz deal could help Alphabet nail down the cloud The author is a Reuters Breakingviews columnist. The opinions expressed are her own. By Jennifer Saba NEW YORK, July 15 (Reuters Breakingviews) - Alphabet’s GOOGL.O mooted acquisition of cybersecurity firm Wiz is expensive, aggressive, will irritate powerful foes, and – despite that – looks like a good idea.

BRIEF-2024 Prime Day Expected To Drive $14 Billion Online For U.S. Retailers - Adobe Report July 15 (Reuters) - Adobe Inc ADBE.O : 2024 PRIME DAY EXPECTED TO DRIVE $14 BILLION ONLINE FOR U.S. RETAILERS - ADOBE REPORT DAY 2 OF PRIME DAY EVENT TO DRIVE $6.9 BILLION ONLINE FOR U.S. RETAILERS - ADOBE REPORT DAY 1 OF PRIME DAY EVENT TO DRIVE $7.1 BILLION ONLINE FOR U.S.

Amazon Prime Day sales to hit record $14 billion, data firm says By Ananya Mariam Rajesh and Arriana McLymore July 15 (Reuters) - Shoppers are likely to spend roughly $14 billion during Amazon's Prime Day two-day shopping event this week, according to projections from Adobe Analytics , a firm that studies e-commerce transaction data. Spending at Amazon AMZN.O on Tuesday and Wednesday could rise 10.5% from Prime Day 2023, Adobe said.

FACTBOX-European regulators crack down on Big Tech Updates with latest on France's investigation in Nvidia July 15 (Reuters) - European regulators have launched a series of probes into Big Tech. In the latest move, the French antitrust regulator confirmed it was investigating Nvidia NVDA.O for allegedly anti-competitive practices. Here are some of the actions taken by European watchdogs against big technology companies: EUROPEAN UNION Apple AAPL.O will open its tap-and-go mobile payments system

US back-to-school spending to remain muted in 2024, Deloitte says By Anuja Bharat Mistry and Ananya Mariam Rajesh July 15 (Reuters) - Back-to-school spending this year is expected to be flat or lower in the United States, as shoppers dial down on expensive electronics such as laptops and personal computers, Deloitte said. Shoppers are likely to spend $31.30 billion, or about $586 per student, in kindergarten to 12th grade, Deloitte said, citing its shopper surveys.

REUTERS NEWS SCHEDULE AT 10 p.m. GMT/6 a.m. SGT Here are the top stories and upcoming coverage plans for Reuters text service as of 10 p.m. GMT/6 a.m. SGT. For a full schedule of news and events, go to our editorial calendar on Reuters Connect or on Media Express . TOP STORIES GLOBAL USA-ELECTION-TRUMP Trump headed to Republican convention after surviving assassination attempt Donald Trump said he was headed on Sunday to Milwaukee where Republicans will formally nominate him for president later

UPDATE 3-Google parent in talks to buy cybersecurity startup Wiz for $23 billion Adds background on Alphabet and Wiz, tech sector deals By Milana Vinn and Steven Scheer NEW YORK, July 14 (Reuters) - Google parent Alphabet GOOGL.O is in advanced talks to acquire cybersecurity startup Wiz for roughly $23 billion, a person familiar with the matter said on Sunday, in a deal that would represent the technology giant's biggest acquisition ever.

RPT-Wall St Week Ahead-Expected US rate cuts have investors looking beyond Big Tech Repeats with no changes By Lewis Krauskopf NEW YORK, July 12 (Reuters) - Looming U.S. interest rate cuts are presenting investors with a tough choice: stick with the Big Tech stocks that have driven returns for more than a year or turn to less-loved areas of the market that could benefit from easing monetary policy.

Indian retailer DMart posts 17.5% rise in Q1 profit BENGALURU, July 13 (Reuters) - India's Avenue Supermarts AVEU.NS , the operator of the DMart retail store chain, posted a 17.5% rise in first-quarter net profit on Saturday. It reported a consolidated net profit of 7.74 billion Indian rupees ($92.68 million) for the three months ended June 30 versus 6.59 billion a year earlier.

Wall St Week Ahead-Expected US rate cuts have investors looking beyond Big Tech By Lewis Krauskopf NEW YORK, July 12 (Reuters) - Looming U.S. interest rate cuts are presenting investors with a tough choice: stick with the Big Tech stocks that have driven returns for more than a year or turn to less-loved areas of the market that could benefit from easing monetary policy.

UPDATE 1-Amazon must comply with US agency's pregnancy bias probe, judge rules Adds Amazon comment in paragraphs 4-5; changes "more than 200,000 pages" to "about 370,000 pages" in paragraph 7 By Daniel Wiessner July 12 (Reuters) - A New York federal judge has ordered Amazon.com AMZN.O to comply with a subpoena from a U.S. civil rights agency investigating claims that the online retailer discriminated against pregnant warehouse workers.

What to Watch in the Week Ahead and on Monday, July 15 The Day Ahead is an email and PDF publication that includes the day's major stories and events, analyses and other features. To receive The Day Ahead, Eikon users can register at DAY/US . Thomson One users can register at RT/DAY/US. All times in ET/GMT ON MONDAY Federal Reserve Chair Jerome Powell is set to participate in a conversation hosted by the Economic Club of Washington.

BRIEF-Standard Bots Secures $63M In Funding To Propel American Manufacturing Forward With Ai-Driven Robotics July 12 (Reuters) - STANDARD BOTS SECURES $63M IN FUNDING TO PROPEL AMERICAN MANUFACTURING FORWARD WITH AI-DRIVEN ROBOTICS STANDARD BOTS: SERIES B ROUND LED BY GENERAL CATALYST WITH PARTICIPATION FROM AMAZON INDUSTRIAL INNOVATION FUND AND SA

BREAKINGVIEWS-Smaller tech grapples with end of Big Tech put The author is a Reuters Breakingviews columnist. The opinions expressed are his own. By Pranav Kiran TORONTO, July 12 (Reuters Breakingviews) - A jilted HubSpot HUBS.N will break many hearts. It apparently will not be acquired by Alphabet GOOGL.O , after all. Like many of its peers, the $25 billion software developer has been trading at a premium valuation, at least partly in anticipation of a larger rival scooping it up.

REFILE-Amazon must comply with US agency's pregnancy bias probe, judge rules Adds dropped letter in 9th paragraph By Daniel Wiessner July 12 (Reuters) - A New York federal judge has ordered Amazon.com AMZN.O to comply with a subpoena from a U.S. civil rights agency investigating claims that the online retailer discriminated against pregnant warehouse workers.

EXCLUSIVE-India antitrust probe finds Apple abused position in apps market India latest in growing antitrust scrutiny of Apple globally India investigation says Apple policies hurt developers Apple has argued it is too small a player in India Company can argue against India findings in coming weeks By Aditya Kalra NEW DELHI, July 12 (Reuters) - An investigation by India's antitrust body has found that Apple exploited its dominant position in the market for app stores on its iOS operating system,