Crypto Scammers Deploy Fake Zoom Websites to Steal User Funds
With the growing trend of crypto scams, crypto users are advised to be very careful when clicking on any link, even if it seems to come from trusted sources.
Cathie Wood’s Ark Invest Snaps Up 32K Reddit Shares, Ditches ARKA
Cathie Wood’s pivot towards RDDT and other stocks has generated considerable optimism among stock watchers about the asset’s future performance.
Tech Industry Sheds 34,250 Jobs as Companies Embrace AI Innovation
Microsoft was reported to be in the process of downsizing its gaming sector, affecting approximately 1,900 employees, which is 9% of its gaming division.
Zoom Reports Better than Expected Results for Fiscal Q2 2024, ZM Shares Up Nearly 4%
Zoom announced that its Q2 revenue came in at about $1.138 billion, up 3.6 percent YoY.
Zoom Updates Its Terms of Service, Promising Not to Use Customer Data to Train AI without Their Consent
By Darya Rudz
In response to criticism of its updated Terms of Service, Zoom stated it does not train its AI tools “without customer consent.”
Anthropic Raises $450M in Series C Funding to Develop Reliable AI Products
Following the participation of Spark Capital in the just concluded Series C funding round, Yasmin Razavi, a General Partner at the venture capital fund, joined Anthropic as part of the board of directors.
Zoom Overthrows Expectations in Q4 2023, Expects Slow Growth in Fiscal Year
Looking forward to the new fiscal year, Zoom expects growth to continue to slow down following Q4 performance.
Zoom to Lay Off 1,300 Employees amid ‘Uncertainty of Global Economy’
By Darya Rudz
After the pandemic, individuals and businesses still rely on Zoom, but the uncertainty of the global economy leads to tough measures. Zoom will not only lay off employees but also decrease salaries for the executive team.
Zoom (ZM) Shares Fall 8.81% as Firm Posts Conservative Fiscal Guidance for Q4 2023
Despite the sustenance of its performance quarter on quarter, Zoom remains cautious and refused to give a forecast for the 2024 fiscal year as it continues to battle unique headwinds that have continued to weigh down on its operations.
Cathie Wood’s Ark Innovation ETF Jump 14% as Markets Recover
As the inflation data showed some relief, innovation stocks rallied hard pushing up the ARKK Innovation ETF to its biggest single-day gains.
Zoom (ZM) Shares Close Down 16% as Company Lowers Fiscal FY 2023 Projections
In announcing the fiscal Q2 results that led to the shares decline, Zoom also lowered its fiscal FY 2023 projections.
Zoom Announces Fiscal Q2 2023 Results, Dials Back on Q3 Guidance
Looking forward, the software company expects its full-year 2023 revenue to fall between $4.385 billion and $4.395 billion.
Zoom Q1 2022 Earnings Beat Estimates, ZM Stock Cools Down After Popping 16%
Zoom manages to deliver better earnings than Street estimates while also sharing a positive growth outlook for the second quarter.
S&P 500 to Outperform Nasdaq for First Time in Five Years
Nasdaq’s major challenge in 2021 was the decline across companies that picked up huge market value in 2020.
Zoom Will Remain Relevant Post-Pandemic, Says Executive
The demand of employees for more flexible working arrangements is helping companies see the need for more inclusive, collaborative, and hybrid work environments for staff.