By Dean Seal and Zaeem ShoaibGoogle parent Alphabet shed two-thirds of its stake in CrowdStrike Holdings during the first six months of the year, before the cybersecurity provider's software caused a global outage for customers. Alphabet disclosed in a regulatory filing on Friday that as of June 30, it held 427,895 CrowdStrike shares. It had owned 855,789 shares at the end of March, and started the year with more than 1.28 million shares, according to past filings. During the six months that Google was selling part of its stake, the company's cloud unit extended a partnership with CrowdStrike aimed at stopping breaches and enhancing enterprise security. Write to Dean Seal at dean.seal@wsj.com and Zaeem Shoaib at zaeem.shoaib@wsj.com(END) Dow Jones NewswiresAugust 02, 2024 11:44 ET (15:44 GMT)Copyright (c) 2024 Dow Jones & Company, Inc.

Source: Wall Street Journal August 02, 2024 16:02 UTC