A US government committee that reviews foreign investment in telecom is probing videoconferencing company Zoom's $14.7 billion deal for cloud call centre company Five9. In an August filing with the Federal Communications Commission, the Justice Department, which chairs the committee, said it would review the deal to determine whether this application poses a risk to the national security or law enforcement interests of the United States. The Justice Department believes that such risk may be raised by the foreign participation (including the foreign relationships and ownership) associated with the application. The Wall Street Journal first reported the probe. The Justice Department did not say in its filing what the foreign ties of concern were and spokesperson Wyn Hornbuckle declined to answer questions Tuesday. Five9 spokesperson Allison Wilson declined to comment. Zoom said in an emailed statement that it anticipates getting the required regulatory approvals and closing the Five9
Tata Teleservices will leverage Zoom's robust and secure platform to address the growing collaboration requirements of Enterprises for seamless unified communications
Telecom operator Tata Teleservices and web-based video conferencing company Zoom on Thursday announced a partnership for unified communications solution for enterprises and individuals.
Zoom will buy the cloud contact centre provider Five9 in an all-stock deal valued at about $14.7 billion.
Teleconferencing services provider has become a household name and investor favorite since the coronavirus pandemic.
Zoom Video Communications Inc has agreed to buy cloud software provider Five9 Inc in an all-stock deal worth about $14.7 billion to target more business clients looking to boost customer engagement
To bring real-time machine-learning-based translation to the platform, video conferencing app Zoom has signed a definitive agreement to acquire German startup Kites
This online facility is being provided by the Gurugram district administration through the Zoom app
There can't be arbitrary rules just because privacy right is not absolute
Zoom's decision to stop access to its service for Russian state agencies should lead to the development of domestic alternatives, said Kremlin Spokesman Dmitry Peskov
Many well-known apps are losing ground, or usage has stabilized
The transaction resulted in the transfer of 40 per cent of his stake in the popular video conferencing platform.
With India being one of the most critical markets for Zoom outside of the US, Raje tells Samreen Ahmad the company has a continued focus on expansion
Sales will be as much as $3.78 billion in fiscal year 2022, the San Jose, California-based company said on Monday in a statement
Net Income for the fourth quarter was $260.4 million, or $0.87 per share, the company announced on Monday
Terming 2020 as a "crazy year", Yuan spoke about the growth in adoption of the app in an extremely crowded market place which had alternatives
It alleged that they shared it with others to "tarnish" India's image and collaborated with pro-Khalistan elements
"The Delhi Police has written to video conferencing app Zoom seeking details of participants who attended the meeting on January 11," the official said
One possible product involves Messenger Rooms, the video chat feature Facebook introduced last year to compete with the service from Zoom Video Communications Inc
The lockdown forced shut the salons, spurring the growth of self-grooming products. And now, people are getting used to DIY grooming, visiting the experts only for specialised services