Latest News on ZM

Financial News Based On Company


Advertisement
Advertisement

Analysts Have Conflicting Sentiments on These Technology Companies: Similarweb (SMWB) and DeFi Development Corporation (DFDV)

https://www.theglobeandmail.com/investing/markets/stocks/DFDV/pressreleases/309935/analysts-have-conflicting-sentiments-on-these-technology-companies-similarweb-smwb-and-defi-development-corporation-dfdv/
Analysts have issued mixed ratings for technology companies Similarweb (SMWB) and DeFi Development Corporation (DFDV). Similarweb received downgrades to "Hold" from William Blair and Citizens JMP, despite a consensus target price suggesting significant upside. Conversely, DeFi Development Corporation maintained a "Buy" rating from Craig-Hallum, with an analyst holding a strong track record.

Analysts Have Conflicting Sentiments on These Technology Companies: Similarweb (SMWB) and DeFi Development Corporation (DFDV)

https://www.theglobeandmail.com/investing/markets/stocks/DFDV-Q/pressreleases/309935/analysts-have-conflicting-sentiments-on-these-technology-companies-similarweb-smwb-and-defi-development-corporation-dfdv/
This article highlights conflicting analyst sentiments for two technology companies: Similarweb (SMWB) and DeFi Development Corporation (DFDV). Similarweb received downgrades from William Blair and Citizens JMP to "Hold" due to its current share price, despite a "Moderate Buy" consensus and significant upside potential. Conversely, DeFi Development Corporation maintained a "Buy" rating from Craig-Hallum, reflecting a "Moderate Buy" consensus.

Wall Street Analysts Are Bullish on Top Technology Picks

https://www.theglobeandmail.com/investing/markets/stocks/HUBS/pressreleases/147539/wall-street-analysts-are-bullish-on-top-technology-picks/
Three analysts have issued bullish sentiments on several technology stocks. Samad Samana from Jefferies maintained a Buy rating on HubSpot (HUBS) with a $560 price target, while Scott Berg from Needham maintained a Buy rating on CS Disco (LAW) with a $10 price target. John Ransom from Raymond James also maintained a Buy rating on Lumexa Imaging Holdings, Inc. (LMRI) with a $23 price target, reflecting a positive outlook on these companies within the Technology sector.

Analysts Are Bullish on These Technology Stocks: ServiceNow (NOW), Agilysys (AGYS)

https://www.theglobeandmail.com/investing/markets/stocks/NOW/pressreleases/37270353/analysts-are-bullish-on-these-technology-stocks-servicenow-now-agilysys-agys/
J.P. Morgan analyst Mark Murphy reaffirmed a Buy rating on ServiceNow (NOW) with a $215.00 price target, and William Blair analyst Stephen Sheldon reiterated a Buy rating on Agilysys (AGYS). Both companies have a "Strong Buy" consensus rating from analysts, with predicted upsides of 57.2% for ServiceNow and 33.0% for Agilysys. The article highlights the optimistic sentiment from analysts in the Technology sector for these two stocks.

Analysts’ Top Technology Picks: Braze (BRZE), Applied Digital Corporation (APLD)

https://www.theglobeandmail.com/investing/markets/stocks/SOUN-Q/pressreleases/36965909/analysts-top-technology-picks-braze-brze-applied-digital-corporation-apld/
This article highlights bullish sentiments from financial analysts on three technology companies: Braze (BRZE), Applied Digital Corporation (APLD), and SoundHound AI, Inc Class A (SOUN). Analysts from Wells Fargo, Roth MKM, and Cantor Fitzgerald have reiterated Buy ratings for these companies, setting price targets that suggest significant upside potential from their current stock levels. The article details specific analyst ratings, price targets, and their success rates within the technology sector.
Advertisement

Zoom, Coeur Mining, Netskope And An Industrial Stock On CNBC's 'Final Trades'

https://www.sahmcapital.com/news/content/zoom-coeur-mining-netskope-and-an-industrial-stock-on-cnbcs-final-trades-2025-12-12
On CNBC's "Halftime Report Final Trades" on Thursday, analysts recommended Netskope, Coeur Mining, Delta Air Lines, and Zoom. Netskope and Zoom reported strong earnings, beating analyst estimates, while Coeur Mining saw increased price targets due to high gold and silver prices. Delta Air Lines surged to an all-time high with new "Outperform" coverage.

Analysts Have Conflicting Sentiments on These Technology Companies: Klaviyo, Inc. Class A (KVYO) and Accenture (ACN)

https://www.theglobeandmail.com/investing/markets/stocks/ACN-N/pressreleases/36572732/analysts-have-conflicting-sentiments-on-these-technology-companies-klaviyo-inc-class-a-kvyo-and-accenture-acn/
Analysts have issued conflicting ratings for Klaviyo, Inc. Class A (KVYO) and Accenture (ACN) within the Technology sector. Jefferies maintained a Buy rating on Klaviyo with a $35.00 price target, while Accenture received a Hold rating from Jefferies with a target of $270.00, and a similar Hold rating from Deutsche Bank. Klaviyo holds a Strong Buy consensus among analysts with a 43.8% upside, contrasting with Accenture's Moderate Buy consensus and an 8.6% upside.

Zoom Video Communications Reports Strong Q3 Earnings

https://www.theglobeandmail.com/investing/markets/stocks/ZM/pressreleases/36318398/zoom-video-communications-reports-strong-q3-earnings/
Zoom Video Communications reported strong Q3 fiscal year 2026 earnings with total revenue up 4.4% year-over-year to $1,229.8 million and enterprise revenue increasing by 6.1%. The company saw a significant rise in operating cash flow and a 204.5% jump in GAAP EPS, driven by strategic initiatives like AI Companion 3.0. Zoom anticipates continued growth, projecting Q4 revenue between $1.230 billion and $1.235 billion.

Analysts Offer Insights on Technology Companies: Zoom Video Communications (ZM) and Marvell (MRVL)

https://www.theglobeandmail.com/investing/markets/stocks/ZM/pressreleases/36366912/analysts-offer-insights-on-technology-companies-zoom-video-communications-zm-and-marvell-mrvl/
Wells Fargo analysts provided insights on Zoom Video Communications and Marvell. Ryan MacWilliams maintained a Hold on ZM with a $90 price target, while Aaron Rakers reiterated a Buy on MRVL with a $95 price target. Both companies received a Moderate Buy consensus rating from the Street, with projected upsides from current levels.

Zoom’s Earnings Call Highlights Strong Growth and Innovation

https://www.theglobeandmail.com/investing/markets/stocks/ZM/pressreleases/36335655/zooms-earnings-call-highlights-strong-growth-and-innovation/
Zoom Video Communications, Inc. recently held its Q3 earnings call, revealing strong financial performance with notable revenue growth, increased profitability, and robust cash flow, partly due to innovations like AI Companion 3.0 and the Zoom Phone surpassing 10 million paid seats. The company raised its full-year revenue guidance and authorized a $1 billion share repurchase, although acknowledging challenges like enterprise net dollar expansion below 100%. Overall, the call painted a positive picture of Zoom's strategic direction and financial health, positioning it as a leader in the communications industry.
Advertisement

Zoom Communications Reports Financial Results for the Third Quarter of Fiscal Year 2026

https://www.globenewswire.com/news-release/2025/11/24/3193923/0/en/Zoom-Communications-Reports-Financial-Results-for-the-Third-Quarter-of-Fiscal-Year-2026.html
Zoom Communications announced its third-quarter financial results for fiscal year 2026, showcasing revenue growth, increased profitability, and robust cash flow. The company reported total revenue of $1,229.8 million, a 4.4% year-over-year increase, and a significant rise in GAAP operating margin to 25.2%. Zoom also boosted its common stock repurchase authorization by $1.0 billion, signaling confidence in its financial health and AI-first platform strategy.

Zoom Judge Approves $150 Million Investors Deal, Cuts Legal Fees

https://news.bloomberglaw.com/litigation/zoom-judge-approves-150-million-investor-deal-cuts-legal-fees
A federal judge has approved Zoom Video Communications Inc.'s $150 million settlement to resolve investor class claims related to alleged app flaws. The judge, James Donato, significantly reduced the plaintiffs' lawyers' fees, awarding just over $10 million instead of the requested $28 million, calling the approved amount "very generous." This decision "amply rewards the efficiencies realized by the settlement without conferring a windfall."

Zoom CEO yuan sells shares worth $2.6m By Investing.com - Investing.com Nigeria

https://ng.investing.com/news/insider-trading-news/zoom-ceo-yuan-sells-shares-worth-26m-93CH-2148279
The article reports an application error encountered when trying to load content from ng.investing.com. It mentions that Zoom CEO Yuan sold shares worth $2.6M, but the full details of this action are unavailable due to the error.

Learn video conferencing skills at library class

https://www.newsbreak.com/paso-robles-daily-news-500247/4293316718453-learn-video-conferencing-skills-at-library-class
The Paso Robles City Library is hosting an in-person class on video conferencing using Zoom on November 12th. The session will cover essential skills such as joining and scheduling meetings, creating a Zoom account, and utilizing participant features. This class aims to equip attendees with practical knowledge for effective video conferencing.

Zoom’s pres. Velchamy sells $628k in shares By Investing.com - Investing.com Nigeria

https://ng.investing.com/news/insider-trading-news/zooms-pres-velchamy-sells-628k-in-shares-93CH-2145838
The article reports an application error encountered while loading content from ng.investing.com, preventing access to the news story about Zoom's president selling shares. As a result, the specific details of the transaction, such as the amount and circumstances, are unavailable. The site itself seems to be experiencing technical difficulties.
Advertisement

Zoom’s pres. Velchamy sells $628k in shares - Investing.com

https://www.investing.com/news/insider-trading-news/zooms-pres-velchamy-sells-628k-in-shares-93CH-4288365
This article reports that Velchamy, President of Zoom (ZM), sold $628k worth of shares. However, the full content of the article is unavailable due to a client-side application error. The headline indicates an insider transaction by a key executive at Zoom.

Zoom’s pres. Velchamy sells $628k in shares - Investing.com

https://m.investing.com/news/insider-trading-news/zooms-pres-velchamy-sells-628k-in-shares-93CH-4288365?ampMode=1
Sankarlingam Velchamy, President of Engineering & Product at Zoom Communications Inc, sold 7,660 shares of Class A Common Stock for approximately $628,120. These sales were executed under a pre-arranged Rule 10b5-1 trading plan. This news comes amidst other strategic developments for Zoom, including a partnership with Oracle and reiterations of Outperform ratings from several analyst firms.

Zoom and Oracle form strategic partnership for customer experience By Investing.com - Investing.com Canada

https://ca.investing.com/news/company-news/zoom-and-oracle-form-strategic-partnership-for-customer-experience-93CH-4242872
This article announces a strategic partnership between Zoom and Oracle aimed at enhancing customer experience. The partnership details are not included due to a client-side exception preventing the content from loading. Users are advised to check the browser console for more information.

Zoom Communications Launches AI Companion 3.0 with Advanced Agentic AI Features for Enhanced Team Collaboration and Customer Experience | ZM Stock News

https://www.quiverquant.com/news/Zoom+Communications+Launches+AI+Companion+3.0+with+Advanced+Agentic+AI+Features+for+Enhanced+Team+Collaboration+and+Customer+Experience
Zoom Communications has launched AI Companion 3.0, introducing advanced agentic AI features designed to boost productivity and collaboration across its platform. Unveiled at Zoomtopia 2025, the update includes personalized assistance, real-time voice translation, and custom AI solutions for businesses, with general availability expected in November 2025. These innovations aim to transform workflows, enhance customer and employee interactions, and provide deeper insights for users.

Zoom director Subotovsky sells $206k in stock

https://www.investing.com/news/insider-trading-news/zoom-director-subotovsky-sells-206k-in-stock-93CH-4232444
Zoom Communications director Santiago Subotovsky sold 2,475 shares of Class A Common Stock worth approximately $206,424 on September 5, 2025, under a pre-arranged trading plan. Following these transactions, Subotovsky directly owns 155,119 shares and indirectly owns an additional 1,470 shares. The sale comes amidst mixed analyst perspectives on Zoom's future, despite recent strong fiscal second-quarter results and increased price targets from some firms.
Advertisement

Is Zoom (ZM) an Under-The-Radar AI Stock?

https://www.insidermonkey.com/blog/is-zoom-zm-an-under-the-radar-ai-stock-1605597/
This article discusses Zoom (ZM) as a potential under-the-radar AI stock, highlighting an analyst's view that its AI companion tool is its fastest-growing product and makes it an attractive valuation in the AI space. While acknowledging Zoom's struggles post-pandemic and disappointing growth metrics cited by Guinness Global Innovators, the article suggests that some AI stocks offer greater promise than ZM and advises readers to explore other AI stock reports.

Zoom Communications, Inc. Receives Emmy Award for Innovative Zoom for Broadcast Technology

https://www.quiverquant.com/news/Zoom+Communications%2C+Inc.+Receives+Emmy+Award+for+Innovative+Zoom+for+Broadcast+Technology
Zoom Communications, Inc. has been honored with an Engineering, Science & Technology Emmy® Award for its Zoom for Broadcast technology, recognizing its significant impact on enhancing remote media contributions in live television production. This technology enables high-quality, low-latency video and audio streams from remote participants globally, democratizing storytelling by simplifying processes and integrating with professional production tools. The award highlights Zoom's role in transforming broadcast workflows for major networks, independent creators, and various live events.

Zoom Video Communications, Inc. (NASDAQ:ZM) Q2 2026 Earnings Call Transcript

https://www.msn.com/en-us/money/companies/zoom-video-communications-inc-nasdaq-zm-q2-2026-earnings-call-transcript/ar-AA1L4E11?ocid=finance-verthp-feeds
This is the Q2 2026 Earnings Call Transcript for Zoom Video Communications, Inc. (NASDAQ:ZM). The transcript details the company's financial performance and discusses business outlook during the specified quarter. It provides insights into management's perspective on results and future strategies.

In Otter news, transcription app accused of illegally recording users’ voices

https://www.theregister.com/2025/08/18/otter_ml_privacy_lawsuit/
Transcription service Otter.ai is facing a class-action lawsuit alleging it illegally records users' voices, specifically those who are guests in meetings and do not have an Otter account. The complaint argues that Otter.ai trains its speech recognition AI using these recordings without seeking consent, thereby violating privacy laws. The lawsuit contends that Otter.ai should not outsource its legal obligations to its account holders to obtain consent from meeting participants.

Lawsuit against Otter AI claims it records meetings without consent

https://sea.mashable.com/tech/39091/lawsuit-against-otter-ai-claims-it-records-meetings-without-consent
A class action lawsuit has been filed against Otter AI, alleging that its "Otter Notetaker" service records virtual meetings without the consent of all participants and uses these transcriptions to train its AI models without disclosure. The lawsuit, brought by California resident Justin Brewer, claims violations of federal and California privacy laws, stating that Otter's privacy policy, which mentions de-identified audio and explicit permission for training, is not fully upheld as consent is only sought from the meeting host.
Advertisement

Class-action suit claims Otter AI secretly records private work conversations

https://www.npr.org/2025/08/15/g-s1-83087/otter-ai-transcription-class-action-lawsuit
A federal class-action lawsuit has been filed against Otter.ai, alleging the company "deceptively and surreptitiously" records private conversations to train its AI transcription service without user consent. The suit claims Otter's service often joins meetings and records participants without explicitly asking for permission from all attendees, violating privacy and wiretap laws. Concerns are also raised about Otter's claim of "de-identifying" audio before AI training, with the lawsuit questioning the effectiveness of this process.

Zoom Appoints Kimberly McGarry as New Accounting Officer

https://www.tipranks.com/news/company-announcements/zoom-appoints-kimberly-mcgarry-as-new-accounting-officer
Zoom Video Communications has announced the appointment of Kimberly McGarry as its new principal accounting officer, effective August 14, 2025. This appointment follows Peter Gassner's resignation from Zoom's board of directors. McGarry brings over two decades of experience to her new role, having previously worked at Circana, Inc. and Morningstar, Inc.

Sustainability & Impact at Zoom

https://www.zoom.com/en/about/esg-impact-report/
Zoom highlights its commitment to sustainability and positive social impact through its FY25 Impact Report. The report details Zoom's efforts in environmental responsibility, including repurposing electronics and using renewable energy, and its social impact initiatives through Zoom Cares, which focuses on philanthropy, product donations, and employee giving. The company also emphasizes its governance approach, ensuring security, privacy, and compliance with its products like Zoom AI Companion.

Zoom Unveils New Zoom Up Service Provider Program to Accelerate Partner Growth

https://news.zoom.com/zoom-unveils-new-zoom-up-service-provider-program-to-accelerate-partner-growth/
Zoom has launched its new Service Provider Program, an enhancement to the Zoom Up Partner Program, aimed at empowering service providers like carriers and managed service providers. This program allows partners to deliver custom unified communications solutions leveraging Zoom's AI-first platform. Bell Canada is one of the initial partners, and participants must meet specific criteria including being recognized carriers, providing cloud peering for PSTN, completing certifications, and committing to customer license volumes.

Zoom Video Communications Inc (ZM) Live Share Price, Invest From India

https://www.indmoney.com/us-stocks/zoom-video-communications-inc-share-price-zm
This article provides a detailed financial overview of Zoom Video Communications Inc (ZM), including its live share price, historical performance, key fundamentals, valuation trends, and analyst recommendations. It also presents quarterly and annual profit/loss and cash flow statements, along with insights into investor sentiment and recent news. The analysis highlights Zoom's market position, financial health, and growth prospects.
Advertisement

The Rise and Fall of Zoom: How Security Issues Affected the Pandemic's Superstar

https://www.tradingview.com/news/benzinga:8c0b1d8a1094b:0-the-rise-and-fall-of-zoom-how-security-issues-affected-the-pandemic-s-superstar/
Zoom's stock soared almost 900% during the COVID-19 pandemic but faced a downturn due to security and encryption concerns raised by the FBI, Google, and SpaceX. These issues led to a significant drop in its stock price and a $150 million settlement with investors. Despite making security improvements, Zoom now faces the challenge of regaining consumer and investor trust amidst strong competition from rivals like Microsoft and Google.

Zoom Video Communications Inc. stock falls Friday, still outperforms market

https://www.marketwatch.com/data-news/zoom-video-communications-inc-stock-falls-friday-still-outperforms-market-06ace3c6-37aa4816b713?gaa_at=eafs&gaa_n=AWEtsqdY2c310zim52TeJ8GYKvWCWvEGsS1gbz_iGB1WaI3OgsPn6D29hULJ&gaa_ts=6907670e&gaa_sig=ScDAPow4rJJ6q0ZhNXVhdUCibZYWPiRRQ-PIplarOHtFOTtB1PbW8XiDtU6OCku1wqkahul_17UFAcDzQjvKKQ%3D%3D
Zoom Video Communications Inc. stock experienced a slight drop of 0.07% on Friday, closing at $67.18. Despite this decline, the stock still outperformed the broader market, as the NASDAQ Composite Index fell 2.55% and the Dow Jones Industrial Average fell 1.01%. This marked the seventh consecutive day of losses for Zoom's stock.

Zoom beats estimates on strong product demand, announces share buyback

https://www.reuters.com/technology/zoom-forecasts-annual-revenue-below-estimates-2024-02-26/
Zoom Video Communications announced stronger-than-expected quarterly results, driven by high demand for its expanding product portfolio and AI integration. The company also authorized a stock buyback of up to $1.5 billion, although its fiscal-year 2025 revenue forecast fell slightly below analysts' estimates.

RBC Capital Reiterates Zoom Video Communications Inc - (ZM) Outperform Recommendation

https://www.nasdaq.com/articles/rbc-capital-reiterates-zoom-video-communications-inc-zm-outperform-recommendation-0
RBC Capital has reiterated its Outperform recommendation for Zoom Video Communications Inc. (ZM). Analysts project a one-year price target of $83.92, indicating a 27.04% upside from its latest closing price. Fund sentiment remains bullish, with major institutions like ARK Investment Management and Vanguard Total Stock Market Index Fund holding significant stakes.

Zoom Video Communications Settlement (EpiqPay): Scam or Legit?

https://news.trendmicro.com/2023/06/02/zoom-settlement-video-communications-scam-epiqpay/
This article addresses widespread concerns about the legitimacy of emails regarding the Zoom Video Communications settlement from [email protected]. It confirms that the settlement, officially known as “In re: Zoom Video Communications, Inc. Privacy Litigation,” and the associated emails are legitimate. Zoom agreed to pay $85 million to settle a class-action lawsuit, and eligible USA residents who filed a valid claim by March 5, 2033, can receive a payment.
Advertisement

The ADECIA Ceiling and Tabletop Microphone Line Array Speaker Solutions Certified for Zoom to Deliver Audio for Zoom Rooms

https://www.businesswire.com/news/home/20221104005064/en/The-ADECIA-Ceiling-and-Tabletop-Microphone-Line-Array-Speaker-Solutions-Certified-for-Zoom-to-Deliver-Audio-for-Zoom-Rooms
Yamaha's ADECIA Ceiling and Tabletop Microphone Line Array Speaker Solutions have received Zoom Rooms ProAudio Certified Hardware status. These solutions are designed to provide high-quality audio for remote and hybrid meetings and classes in conference rooms and classrooms. The certification highlights Yamaha's commitment to seamless collaboration through world-class acoustic technology.

Goodbye to Small Talk as Zoom Cuts Meeting Time for Free Users

https://tech.co/news/zoom-cuts-meeting-times
Zoom has announced it will cut the length of 1:1 meetings for free users from 30 hours to just 40 minutes, effective May 2, 2022. This change will apply the same 40-minute limit to individual calls that previously only affected meetings with three or more participants on the free tier. The move is expected to impact many free users, potentially pushing them to upgrade to a paid plan or seek alternative video conferencing services like Google Meet.

Zoom agrees to ‘historic’ $85m payout for graphic Zoombombing claims

https://www.theguardian.com/technology/2022/apr/22/zoom-settlement-zoombombing-lawsuit
Zoom has agreed to an $85m class-action settlement stemming from "Zoombombing" incidents during the Covid-19 pandemic, where hackers disrupted virtual meetings with abusive imagery. The settlement includes cash compensation for users and mandates changes to Zoom's business practices to enhance privacy and security. Incidents cited in the lawsuit included graphic disruptions to church groups, leaving participants traumatized.

$85-million payment OKd in ‘Zoombombing’ case that included porn in Bible study class

https://www.latimes.com/california/story/2022-04-22/zoom-settlement
Zoom Video Communications Inc. has agreed to an $85-million settlement and will implement significant business changes after multiple "Zoombombing" incidents, including one where child pornography was streamed into a Bible study class. The class-action lawsuit alleged Zoom improperly shared data, misrepresented end-to-end encryption, and failed to prevent these disruptions. The settlement provides compensation to users and mandates new security features and reporting systems.

Zoom Is Paying $85 Million to Settle a Class-Action Suit

https://marketrealist.com/p/zoom-meetings-class-action-scam/
Zoom is settling a class-action lawsuit for $85 million concerning alleged privacy and security issues with its Meetings App. Users who paid for a subscription or simply used the app between March 30, 2016, and July 30, 2021, may be eligible for claims of $15 or $25. The company denies the allegations but agreed to the settlement to avoid further litigation.
Advertisement

What Zoom’s $85m class action lawsuit means for data privacy

http://www.thedrum.com/news/what-zoom-s-85m-class-action-lawsuit-means-data-privacy
Zoom has agreed to pay an $85 million settlement in a class action lawsuit alleging it shared user data without consent and falsely claimed end-to-end encryption. This case highlights a broader data privacy movement forcing companies to increase transparency and adjust to stricter regulations. Experts believe the lawsuit serves as a cautionary tale for the digital ecosystem and will prompt other companies to re-evaluate their data protection policies.

Judge Approves Zoom Users’ $85m Deal Resolving Privacy and Data Security Claims

https://topclassactions.com/lawsuit-settlements/privacy/data-breach/judge-approves-zoom-users-85m-deal-resolving-privacy-and-data-security-claims/
A federal judge has granted preliminary approval for a $85 million settlement in a class action lawsuit against Zoom Video Communications. The lawsuit, stemming from "Zoom-bombing" incidents and alleged data sharing, will provide compensation to users and requires Zoom to enhance its security measures. Free Zoom users can claim $15, while paid subscribers can receive $25 or 15% of their fees.

You Have Until March 5 to Claim $25 From the Zoom Settlement

https://www.cnet.com/tech/services-and-software/claim-your-zoom-settlement-money-before-march-5/
Zoom users have until March 5 to claim money from a class-action lawsuit settlement. The lawsuit alleged Zoom shared personal information without consent and allowed "Zoombombing." Eligible users can receive up to $25 from the $85 million settlement fund.

Zoom Agrees to Pay $85M to Settle Class Action

https://www.hunton.com/privacy-and-information-security-law/zoom-agrees-to-pay-85m-to-settle-class-action
Zoom Video Communications, Inc. has agreed to pay $85 million to settle a class action lawsuit alleging privacy violations due to misleading encryption security, data sharing without consent, and inadequate protection against "zoombombings." The settlement also mandates significant changes to Zoom's privacy and security practices, including implementing new security features, improving communication with law enforcement, and enhancing consumer education on privacy features. The proposed settlement awaits approval from U.S. District Judge Lucy Koh.

Zoom to Acquire Five9

https://www.globenewswire.com/news-release/2021/07/19/2264531/0/en/Zoom-to-Acquire-Five9.html
Zoom Video Communications, Inc. announced its definitive agreement to acquire Five9, Inc. in an all-stock transaction valued at approximately $14.7 billion. This acquisition aims to enhance Zoom's presence with enterprise customers by integrating Five9's cloud contact center solution, expanding into the $24 billion contact center market. The combination is expected to create a leading customer engagement platform and provide significant cross-selling opportunities for both companies.
Advertisement

Is Zoom Video Communications (ZM) Stock a Buy For 2021?

https://www.insidermonkey.com/blog/is-zoom-video-communications-zm-stock-a-buy-for-2021-917594/
This article discusses whether Zoom Video Communications (ZM) is a good stock to buy for 2021, referencing Alger Mid Cap Focus Fund's Q4 2020 Investor Letter. The fund highlighted Zoom as a company with strong revenue and profitability growth, despite a Q4 2020 decline after a significant earlier surge. The article also notes increasing bullish hedge fund positions on ZM, suggesting continued belief in its growth potential.

Zoom Aims to Raise $1.5 Billion Through Stock Offering

https://www.wsj.com/business/earnings/zoom-aims-to-raise-1-5-billion-through-stock-offering-11610461335?gaa_at=eafs&gaa_n=AWEtsqc4yEGNYZBo4dPa51bHaCo80iCCt2EvEijsI3vWBWbpaT_Sr5x2hy9L&gaa_ts=6907d227&gaa_sig=yZU95-WdED-UlpZdjZzjzOwjEW5DOC-ebnD6MQUO7yYCbWrAYPFbV9ogtlvbewBBJTbQetbpAtjVxc_4VseVLg%3D%3D
Zoom Video Communications Inc. plans to raise $1.5 billion through its largest stock offering since its 2019 trading debut. The company also announced a 30-day option for its underwriter to purchase an additional $225 million in Class A shares. This move comes as the videoconferencing platform remains essential during the pandemic.

Is Zoom a Chinese Company?

https://marketrealist.com/p/is-zoom-a-chinese-company/
This article addresses the common question of whether Zoom Video Communications Inc. is a Chinese company, clarifying its U.S. base despite its founder's origins and global operations. It also delves into Zoom's history, its market competitors, and its freemium business model, particularly highlighting how the COVID-19 pandemic fueled its growth. The piece concludes by touching on Zoom's tax collection practices in the U.S.

Zoom Sets the Stage for the Future of Communications at Zoomtopia 2020

https://www.globenewswire.com/news-release/2020/10/14/2108579/0/en/Zoom-Sets-the-Stage-for-the-Future-of-Communications-at-Zoomtopia-2020.html
Zoom Video Communications unveiled major platform developments at Zoomtopia 2020, including OnZoom for online events, Zapps for in-meeting applications, and enhanced end-to-end encryption. The company also announced significant advancements to its core unified communications platform and philanthropic efforts exceeding $1.5 million in grants for remote learning. These innovations aim to support a hybrid future of communications and demonstrate Zoom's commitment to growth, community, and sustainability.

ClassEDU Launches to Bring "Class for Zoom" Product to Market to Help Millions of Teachers and Students Learning Online Due To COVID

https://www.prnewswire.com/news-releases/classedu-launches-to-bring-class-for-zoom-product-to-market-to-help-millions-of-teachers-and-students-learning-online-due-to-covid-301136270.html
ClassEDU Inc. announced its launch and secured $16 million in seed financing to bring its "Class for Zoom" product to market. This platform aims to enhance online learning by adding features like attendance tracking, assignment distribution, and quizzes to Zoom, making virtual classrooms feel more like in-person ones. The funding round saw participation from key Zoom investors and prominent education leaders, recognizing the critical need for improved remote learning solutions hastened by the COVID-19 pandemic.
Advertisement
Advertisement
Advertisement
Advertisement

Sign Up free to view live trades and discussion forum to make more informed financial decisions. No credit card is required for sign up!
View Daily Trades
Join Discussion

Advertisement
Advertisement
Advertisement
Advertisement