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because he’s “not sure that their balance sheet would allow them to do such a deal or that they are in the market at all.” Two years later, remote work has changed millions of careers Romanoff added that if any tech company wanted to make a bigger bet on video, a cheaper way to do so would be with communications software firm RingCentral (RNG), which has a market value of just a little more than $4 billion. Zoom could also look to go back out and make a deal of its own if market conditions improve. That could help the company diversify. “I am in the camp that Zoom is more likely to be an acquirer than an acquiree at this point,” said James Fish, an analyst with Piper Sandler. Zoom had actually hoped to make a big purchase recently when it agreed to buy cloud call contact software firm Five9 (FIVN) in July 2021. But Zoom called off the deal just two months later, and CEO Yuan said that “financial discipline is foundational to our strategy.” PAID PARTNER CONTENT More from Opinion: Britain in 2022 is feeling a lot like 1979 Opinion: Jared Kushner settles a few scores Ukrainian forces have started “shaping” for a counteroffensive Last member of indigenous tribe dies in Brazil after resisting contact for…
possibility,” Bonner said. Wall Street is battling to determine the future of work from home Others point out that Zoom is hardly the only tech/software company that is dealing with a post-Covid hangover. The Nasdaq has plummeted due to worries about rising interest rates and recession fears as well. “I don’t think it’s accurate to say Zoom is uniquely struggling right now,” said Morningstar analyst Dan Romanoff in an email. “All of software has been battered over the last 10 months.” Romanoff added that Zoom is “an innovative company with a great product.” The problem, he said, is that at the height of the pandemic, Zoom was “generating an unsustainable revenue trajectory” and the stock was “sharply overvalued.” That said, a deal could be possible. Romanoff noted that a Slack-Zoom combination could make sense. “I thought a couple years ago that Slack and Zoom should merge because there is no need for standalone video, phone, and messaging products,” Romanoff said. But he’s not sure Salesforce would want to buy Zoom after already paying up for Slack, noting that Salesforce has “maintained that [it is] not looking to do further large deals at this time.” Another possible suitor There is one other possible wild card though: Business software company Oracle. “Oracle doesn’t have anything like this in their portfolio and they have been serial acquirers over the years,” Romanoff said. But he still thinks an Oracle (ORCL) deal for Zoom is highly unlikely
From WFH boom to RTO bust. Could a Zoom takeover be next? By Paul R. La Monica, Business Updated 1548 GMT (2348 HKT) September 1, 2022 Here’s why a growing number of Americans are moving to Mexico Klarna CEO on ‘buy now, pay later’ competition from Apple Strategist explains why you should ‘buy stocks when it feels terrible’ Your next subscription could be to Subway. Its CEO explains how it’ll work Walmart vs. Target: A tale of two retail results New York ( Business)The work-from-home boom may be over, and that’s not good news for one pandemic stock market darling. Zoom’s weak earnings outlook and plunging stock price raise the question of whether or not the video conferencing company is a one-trick pony that needs to be part of a larger tech firm. It may have trouble finding a suitor, though. Competition is fierce in the video conferencing business, which means that there aren’t any obvious buyers. And analysts say Zoom is still pretty pricey, even after the big stock drop. Zoom has to contend with several larger tech giants that already have similar products and presumably would not need or want Zoom’s technology or customer base. Microsoft (MSFT) operates Teams and Skype. Cisco (CSCO) has WebEx, which Zoom CEO Eric Yuan helped build. Google owner Alphabet (GOOGL) runs Meet and Chat. Virtual meetings can crush creativity, new study finds Apple (AAPL) likely wouldn’t make sense as a Zoom buyer either. The company already has the ubiquitous FaceTime video chat platform for its iPhones, iPads and Macs. And Apple did a deal in 2020 for a startup called Spaces that helps augment video conferencing technology with virtual reality avatars. But what about other tech firms that still might want a bigger presence in video? Could Zoom be a fit for Meta Platforms (FB)? The Facebook/Instagram/Messenger/WhatsApp owner could potentially get a further boost to its video aspirations by adding Zoom. How about Salesforce (CRM)? There’s an argument to be made to combine Zoom with Slack,
Product detail for this product:
Suitable for Women/Men/Girl/Boy, Fashion 3D digital print drawstring hoodies, long sleeve with big pocket front. It’s a good gift for birthday/Christmas and so on, The real color of the item may be slightly different from the pictures shown on website caused by many factors such as brightness of your monitor and light brightness, The print on the item might be slightly different from pictures for different batch productions, There may be 1-2 cm deviation in different sizes, locations, and stretch of fabrics. Size chart is for reference only, there may be a little difference with what you get.
- Material Type: 35% Cotton – 65% Polyester
- Soft material feels great on your skin and very light
- Features pronounced sleeve cuffs, prominent waistband hem and kangaroo pocket fringes
- Taped neck and shoulders for comfort and style
- Print: Dye-sublimation printing, colors won’t fade or peel
- Wash Care: Recommendation Wash it by hand in below 30-degree water, hang to dry in shade, prohibit bleaching, Low Iron if Necessary
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