Facebook reportedly shopping for a cybersecurity company
Facebook wants its billions of users to know it cares about beefing up security in the wake of a major security breach, and now it appears the social media giant is ready to spend some money on a major cybersecurity acquisition to make it happen.
Facebook has approached several security companies about a possible acquisition, The Information reported Sunday, citing sources described as familiar with the matter. Possible takeover targets weren't identified, but the tech news outlet said a deal could be announced as soon as the end of the year.