Zoom

Salesforce Acquires Zoomin for $344 Million, Boosting Customer Engagement Platform

18 days ago

Salesforce, the global leader in customer relationship management (CRM), has recently made headlines with its substantial acquisition of Zoomin, a startup known for its innovative customer engagement solutions. The deal, valued at an impressive $344 million, marks a strategic move for Salesforce to enhance its offerings in the competitive CRM landscape.

Zoom's Privacy Investigation by SEC on the Verge of Settlement

23 days ago

In a significant development for the video communication giant Zoom Video Communications, an investigation led by the U.S. Securities and Exchange Commission (SEC) focusing on the company's privacy practices appears to be nearing resolution. The inquiry, which initially commenced in 2020, scrutinized how Zoom collected and managed user data, amidst rising scrutiny over privacy standards in the tech industry.

Zoom's Revenue Projections Align with Expectations, but Investors Demand More

26 days ago

In the latest financial update, Zoom Video Communications has projected its sales forecasts for the upcoming quarter, aligning closely with analysts' expectations. The company has reported its results, revealing strong performance metrics that continue to draw attention from investors and market analysts alike.

Canva Welcomes Former Zoom CFO, Signaling Steps Toward IPO

1 month ago

In a strategic move that has caught the attention of the tech industry, Canva has announced the hiring of former Zoom CFO, Kelly Steckelberg. This decision is widely interpreted as a significant step toward a potential initial public offering (IPO) for the graphic design platform, which has been valuing its growth and expansion in the competitive market of online design tools.

Zoom Announces Significant Reduction in Stock-Based Compensation, Following Salesforce and Workday's Lead

3 months ago

In a display of audacity and in harmony with the evolving nature of corporate pay, Zoom Video Communications Inc. has announced its readiness to scale down its long-term stock compensation drastically. This tendency of rational rewards seems to put Zoom on the same boat as other tech companies like Salesforce Inc. and Workday Inc. who have already implemented similar measures due to maturing investors’ pressure and market reality.