Microsoft Teams
Zoom shares fall after results as Wall Street turns cautious on growth
Zoom Video Communications Inc’s third-quarter revenue growth rate slowed to 35% as demand for its video-conferencing tools eased from the pandemic-fuelled heights last year, ...
Zoom shares record worst day in 9 months as searing growth tapers off
Zoom shares tumbled nearly 17% yesterday, after the video conferencing company signalled a faster-than-expected drop in demand and analysts questioned its future plans as people re...
Zoom’s tepid growth forecast takes shine off billion-dollar quarter
Zoom posted its first billion-dollar revenue quarter but signalled a faster-than-expected easing in demand for its video-conferencing service after a pandemic-driven boom, sending...
Zoom to buy cloud-based call center operator Five9 in $15 billion deal
Zoom has announced a $14.7 billion all-stock deal to buy cloud-based call center operator Five9 Inc in its largest-ever acquisition, as competition intensifies in its core videocon...
Microsoft sales grow on cloud strength, shares dip on heightened valuation
Microsoft Corp met analysts’ quarterly sales expectations and beat profit estimates, but its shares fell slightly as investors hoped for an even stronger performance after a ...
Slack to fix error in direct messaging feature over harassment concerns
Workplace messaging app Slack Technologies said it was working to fix an error in the direct-messaging feature it introduced earlier on Wednesday, which could have lead to online h...
Signal ramps up hiring after WhatsApp controversy drives downloads
Messaging app Signal has seen “unprecedented” growth after a controversial change in rival WhatsApp’s privacy policy and is seeking to hire more staff as it attem...
Cisco revamps Webex, targets virtual events
Cisco has revamped its Webex video assembly software because it targets a larger share of the booming online collaboration marketplace, adding new features like background noise ca...
Webex participants near 600 million as COVID-19 pandemic flares again
Cisco’s video-conferencing app Webex spanned 590 million participants at September and is on course to record 600 million this month, almost double the amounts listed in Marc...
Zoom forecasts sales surge as video conferencing becomes the norm
Zoom increased its annual revenue forecast by over 30% after comfortably defeating quarterly estimates on Monday since it converts more of its huge free user base to paid subscript...
Zoom says service restored after its US users were hit by partial outage
Video-conferencing company Zoom has said it had restored service to its US users after a partial outage left many unable to log in to work meetings or attend school classes remotel...
Microsoft may face EU antitrust probe after Slack complaint
Microsoft may find itself in European Union regulators’ cross-hairs after US workspace messaging app Slack complained about Microsoft embedding its workplace chat and video a...
Zoom nearly doubles revenue forecast on remote-work boost, but at a reduced margin
Zoom nearly doubled its expectations for annual sales on Tuesday, driven by a surge in users as more people work from home and connect with friends online during coronavirus lockdo...
Cisco’s third quarter gets boost from demand for work-from-home apps
Cisco Systems beat quarterly revenue and profit estimates on Wednesday as coronavirus lockdowns globally boosted demand for its remote-work tools and networking equipment, sending ...
Microsoft revenue beats as remote work boosts Teams
Microsoft Corp has beaten Wall Street sales and profit expectations, powered by sharp demand for its ‘Microsoft Teams’ chat and online meeting app and Xbox gaming servi...
- 1
- 2