Good morning! Google acquires Wiz to enhance cloud security, small businesses face lawsuits over web accessibility, USPS increases postage rates.

TECH

Google Acquires Wiz

Google has announced its acquisition of cybersecurity company Wiz for approximately $1.8 billion, aiming to enhance its cloud security offerings.

Here's the breakdown:

• Google has acquired Wiz, a cybersecurity firm, for about $1.8 billion.

• This acquisition aims to bolster Google's cloud security capabilities.

• Wiz specializes in cloud security, helping businesses protect their cloud-based data and infrastructure.

• The deal highlights Google's commitment to improving its cybersecurity portfolio.

• This move is expected to strengthen Google's competitive position in the cloud services market.

TECH

Web Accessibility Lawsuits

Small businesses are increasingly facing lawsuits over website accessibility issues, highlighting the importance of compliance with the Americans with Disabilities Act (ADA).

Here's the breakdown:

• There is a rising number of lawsuits against small businesses for non-compliant websites under the ADA.

• These lawsuits focus on the accessibility of websites for people with disabilities.

• Small businesses are urged to ensure their websites meet accessibility standards to avoid legal action.

• The increase in lawsuits underscores the broader trend of enforcing digital accessibility.

• Legal experts recommend proactive measures to update and test websites for compliance.

BUSINESS

Postage Rate Increases

The USPS has announced a postage rate increase effective July 14, 2024, with the price of a standard stamp rising from 68 cents to 73 cents.

Here's the breakdown:

• The USPS will increase the cost of a standard stamp from 68 cents to 73 cents.

• This is the sixth increase in stamp prices in three years.

• The new pricing is part of USPS's effort to address financial losses.

• Additional increases are anticipated, with another hike likely in January.

• USPS cites inflation and a defective pricing model as reasons for the increases.

APPENDIX

• Las Vegas Heat: Las Vegas is experiencing record high temperatures, with implications for public health and energy consumption NBC.

• Prime Day Deals: Amazon's Prime Day offers numerous deals under $50, covering a range of products from tech to household items CNET.

• Money Moves: Financial experts recommend specific strategies to prepare for a potential Federal Reserve rate cut CNBC.

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