The European Commission set a February 10 deadline to rule on Alphabet's proposed $32 billion acquisition of cybersecurity firm Wiz Inc. This transaction, if approved, would become Google's largest to date.

The deal intends to significantly enhance Google's cloud business offerings.

By the deadline, the EU antitrust regulator will either approve the acquisition or launch an in-depth investigation. US antitrust authorities cleared the deal last November. The upcoming EU decision remains a key hurdle for the transaction's completion.