Now this is serious. Google tends to play for keeps. It is interesting that is funded as a “moonshot” initiative with no initial expectation of profitability. Exactly how Amazon had been run until recently. It will definitely require keeping an eye on what the launch as a part of this.
At the end of January, Alphabet, the parent company of Google, announced that it would launch its first cybersecurity company, which it is calling Chronicle.
Chronicle will be a subsidiary of Alphabet (the same way that Google is), after originally being incubated in Alphabet’s so called “X” unit (AKA The Moonshot Factory) dedicated to inventing and launching “moonshot” technologies that Alphabet hopes “could someday make the world a radically better place.” (“Moonshot” refers to ground-breaking technology projects that are undertaken without any expectation of achieving profitability or some other benefit in the foreseeable future.)
As announced in a blog post, Chronicle will initially offer two services: The VirusTotal anti-malware intelligence service (acquired by Google more than half a decade ago, and run by Google and Alphabet since that time), and a cybersecurity intelligence and analytics platform that will help enterprises better manage and understand their own information-security-related data.