author

 
 

Meta

Brody Ford
Zoom Video Communications has failed to impress investors with its latest sales forecast, who were expecting a bigger boost from the company’s expanded suite of products. An ongoing loss of consumers and small businesses from Zoom has also concerned investors, particularly since these customers are typically higher-margin than corporate clients.
BUSINESS / Tech
Nov 26, 2024
Zoom fails to impress investors with sales forecast for expanded lineup
While Zoom’s outlook met estimates, the stock had gained about 48% since the company’s last earnings report in August on optimism about the new products.
Shopify, whose key selling point is lower prices for its suite of e-commerce services, has been cheekily calling out Salesforce’s penchant for wining and dining potential clients.
BUSINESS / Tech
Oct 30, 2024
Shopify is winning Salesforce clients, stoking e-commerce rivalry
The Canadian company — for years the go-to for mom-and-pop businesses looking to set up shop online — is setting its sights on larger companies in a dramatic shift.
Marc Benioff, chief executive officer of Salesforce, speaks during a press conference at the 2024 Dreamforce conference in San Francisco, California, on Tuesday.
BUSINESS / Tech
Sep 18, 2024
Salesforce’s new AI strategy acknowledges that AI will take jobs
The new strategy by Salesforce addresses the investor fear that job losses from AI could hurt the software-as-a-service business model.
IBM offices in Foster City, California
BUSINESS / Companies
Jan 30, 2024
IBM managers: Move near an office or leave company
Return-to-office mandates are often seen as fueling attrition
The logo of language-learning app, Duolingo, on a smartphone
BUSINESS / Companies
Jan 9, 2024
Duolingo cuts contractors by 10% amid AI content shift
The company said no full-time employees were affected by the cutback.
Salesforce headquarters in San Francisco.
BUSINESS / Tech
Dec 29, 2023
Software companies finally had to care about profit in 2023
The pressure was acute for money-losing companies.
Zoom controlled only about 7% of the market for communication and collaboration software as of the first quarter of the year, while Microsoft topped 42%, according to industry analyst IDC.
BUSINESS / Tech
Oct 4, 2023
Zoom expands tools and features in bid to compete with Microsoft
The company is adding word processing to its suite of tools and experimenting with novel features for meetings as it faces steep competition from Teams.
Japan Times
BUSINESS / Tech
Nov 23, 2022
HP to cut up to 6,000 jobs over three years on declining PC demand
HP will scale back as much as 10% of its 61,000-employee global workforce over the next three years and reduce its real estate footprint.
Japan Times
BUSINESS / Tech
Aug 23, 2022
Zoom stocks slump as video-conferencing company fails to grow in line with estimates
The firm's latest financial results show that its transition from an essential pandemic-era tool to an enterprise business platform is going to take longer than expected.

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