Morning Bid: Yuan, euro and pound head down the Hole
Global central banks are scattering again, propelling a resurgent U.S. dollar to its highest in almost two years against China’s yuan and back through parity against the euro.
EXCLUSIVE Mexican entrepreneur says hiring advisers for Citibanamex bid
A Mexican entrepreneur close to President Andres Manuel Lopez Obrador told Reuters that he has begun hiring financial advisers and law firms to prepare a bid for Citibanamex, Citigroup’s (C.N) Mexican consumer banking arm.
In the COVID-19 World, Cyber security begs much attention
The upshot of a creative human intellect is new innovations Technology is one of the best innovations of all time, and it has dominated the universe since its beginning. The entire world is now reliant on technology. It is now difficult to escape from this new paradigm. The majority of the industry has made the […]
EXCLUSIVE Zoom has joined tech industry counterterrorism group
Video-conferencing platform Zoom has joined a counterterrorism organization formed by major U.S. tech companies including Meta Platforms Inc (FB.O), formerly known as Facebook, and Microsoft Corp (MSFT.O), the group said on Wednesday.
Zoom shares fall after results as Wall Street turns cautious on growth
Zoom Video Communications Inc’s (ZM.O) third-quarter revenue growth rate slowed to 35% as demand for its video-conferencing tools eased from the pandemic-fueled heights last year, sending its shares down about 6% on Monday.
Five9 investors may do Zoom a favor
NEW YORK, Sept 22 (Reuters Breakingviews) – Zoom Video Communications’ (ZM.O) acquisition of Five9 (FIVN.O) is unraveling. Washington watchdogs are probing the transaction and Five9 investors may not vote for the all-stock deal read more. The value of what Zoom is offering has fallen from $13.6 billion to about $10.4 billion in roughly two months and is now below Five9’s market capitalization. […]
Zoom may benefit from Five9 investors!
The mystery surrounding Zoom Video Communications is slowly unfolding. The all-stock transaction, which is being investigated by Washington watchdogs, may be put to a vote by 509 investors. Zoom’s value has dropped from $13.6 billion to around $10.4 billion in less than two months, and it is now less than Five9’s market capitalization. Zoom should see this as an opportunity. Five9 Inc. (Five9) […]
Zoom forecasts upbeat revenue, expects boost from hybrid work
Zoom Video Communications Inc (ZM.O) on Tuesday 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 tools.
