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Here's your afternoon, TNB Tech Minute, for Tuesday, February 10th.

I'm Julie Chang for the Wall Street Journal.

The European Union has approved Google's $32 billion all-cash deal for cybersecurity startup WIS. The acquisition is the

alphabet unit's largest ever. The EU's executive arm said today the agreement is unlikely to affect

competition in the block, saying customers

could switch services to credible competitors if Google started bundling with its security

platform with its own existing products. The block's competition enforcers said in a statement

that Google stands behind Amazon and Microsoft in terms of market shares in cloud infrastructure.

Paramount has sweetened its hostile bid for all of Warner Brothers' discovery by agreeing to cover

the $2.8 billion termination fee Warner would owe Netflix. Paramount also added a ticking fee

of 25 cents per share per quarter, or about $650 million quarterly starting next year if regulatory

approval isn't secured by the end of this year. Netflix has agreed to pay $72 billion cash for

Warner's studios and HBO Mac streaming service. Meanwhile, Paramount's hostel bid is valued at just under

$78 billion.

In a statement, Warner said its board will review Paramount's new offer.

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