Platform News: Zoom communications logo

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, ...

Platform News: Zoom communications logo

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...

Platform News: Zoom communications logo

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...

AI optimised video chat

Skin in the game: Video chat apps tout ‘inclusive’ AI features

Video conferencing services have for years boasted that their technology is “intuitive” to use or “integrated” to function with other tools, but now vendors...

Platform News: people sat in front of a Cisco Systems logo

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...

Platform News: people sat in front of a Cisco Systems logo

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...

Platform News: Zoom communications logo

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...

Platform News: Zoom communications logo

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...

Platform News: Zoom CEO

Zoom to open a technology centre in Bengaluru, India

Zoom Video Communications has said it will open a tech centre in Bengaluru (also known as Bangalore) and soon begin hiring as part of an expansion push into India.

Platform News: Zoom CEO

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...

Platform News: people sat in front of a Cisco Systems logo

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 ...

Platform News: Zoom communications logo

Zoom says it has 300 million daily meeting participants, not users

Video conferencing provider Zoom has said it mistakenly published a blog last week that put its daily users at 300 million people when the figure instead referred to the number of ...

Platform Industry: Zoom meetings

Zoombombing makes choosing video apps harder for lockdown chats

The coronavirus crisis has seen millions locked in their homes turn to videoconferencing apps, bringing with it question marks over security and privacy and a new verb – Zoom...

Platform Economy: Verizon wireless in the US

Verizon snatches up Zoom rival BlueJeans for less than $500 million

Verizon Communications Inc said on Thursday it agreed to buy video-conferencing company BlueJeans Network Inc, a rival of Zoom Video Communications Inc, for less than $500 million ...

Platform Industry: Zoom meetings

Stay off Zoom and Google Hangouts, Standard Chartered CEO tells staff

Standard Chartered is the first major global bank to tell employees not to use Zoom during the coronavirus pandemic due to cybersecurity concerns, according to a memo seen by news ...

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