Technology
Microsoft will burst Zoom’s balloon – The Australian Financial Review
The real threat to the video-calling service’s $US136 billion market valuation is Microsoft. Zoom may be synonymous with online calls, but it is far from the only…
Everyone has Zoom fatigue even market participants. The San Francisco-based video-calling service has been one of the tech sectors rocket stocks this year, with its share price soaring almost 600 per cent.
An expected return to offices in 2021 has led to it forecasting falling growth in its latest results. That led the share price to drop 5 per cent in after-hours trading on Monday (Tuesday AEDT). But problems at chat app Slack, a fellow work-from-home star, are more worrying.
The Zoom share price…
-
Noosa News21 hours agoSuncorp Stadium upgrades to rival Sydney as seat capacity and infrastructure prioritised
-
General15 hours agoAustralia Kangaroos lose Xavier Coates and Zac Lomax ahead of rugby league Ashes in England
-
Business24 hours agoDroneShield announces new $13 million counter-drone facility as employees top 400
-
General20 hours agoRescuers pull children from the rubble of Indonesian boarding school collapse