Alphabet’s Chronicle to Tackle Cybersecurity Industry (CNBC)


Chronicle is one of Alphabet’s newest “Other Bets,” the group of Google’s sister companies that are hoping to stumble on the next big thing in tech, such as self-driving cars (Waymo) or high-speed internet access in remote areas (Loon). And cybersecurity is a potentially massive opportunity for Alphabet. Research firm Gartner predicts cybersecurity spending will hit $96 billion in 2018, and only increase from there.