Zoom
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, ...
Analysis: Zoom’s abandoned Five9 deal shows hurdles to expansion
Zoom Video Communications Inc’s aborted $14.7 billion acquisition of call center software firm Five9 Inc has spotlighted issues that will weigh on the virtual meeting giant&#...
Zoom, Five9 to terminate nearly $15 billion all-stock deal after shareholder vote
Five9 Inc shareholders voted down the call center software firm’s $14.7 billion sale to Zoom Video Communications Inc, a major blow to Zoom’s plan to expand its offerin...
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...
Ethiopia to build local rival to Facebook, other platforms
Ethiopia has begun developing its own social media platform to rival Facebook, Twitter and WhatsApp, though it does not plan to block the global services, the state communications ...
EdTech platform Emeritus raises $650 million from SoftBank, Accel, others
Emeritus, an EdTech platform used by some of the world’s top universities and other educational institutions for online courses, has said it raised $650 million in a funding round ...
Zoom reaches $85 million settlement over user privacy, ‘Zoombombing’
Zoom has agreed to pay $85 million and bolster its security practices to settle a lawsuit claiming it violated users’ privacy rights by sharing personal data with Facebook, G...
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...
Online payments firm Stripe takes first step toward blockbuster listing
Digital payments processor Stripe Inc, the most valuable US platform start-up, has taken its first major step toward a stock market debut by hiring a law firm to help with preparat...
US Justice Department says Google depositions should be in person
An attorney for the US Justice Department has said that he wanted depositions planned for August in an antitrust lawsuit against Google to be live rather than on Zoom.
Apple adds virtual IDs on iPhone, video plans that rival Zoom, Teams
Apple Inc, facing accusations from rivals that it has too much control over its App Store, outlined plans to increase user privacy and keep consumer data out of other companiesR...
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...
Zoom forecasts upbeat revenue, expects boost from hybrid work
Zoom has forecast current-quarter revenue above estimates, as increased adoption of hybrid work models by companies is expected to drive steady demand for its video conferencing to...
Google’s Starline shows promise and perils of 3D chats
Google’s Project Starline 3D videoconferencing system, unveiled last week, is well-timed for a post-pandemic world but still has a long way to go in seamlessly marrying the i...