• MSFT
• ZM

AI startup Read announces new funding at $450 million valuation

Read AI has raised $50 million in a series B funding round, reaching a valuation of $450 million, and launched a Gmail extension to improve meeting efficiency.

• FIVN
• ZM

Exclusive-Five9 faces pressure from activist Legion on costs, board seat, sources say

Legion Partners acquires a stake in Five9, seeking board seat and cost cuts, following Anson Funds Management. Five9 faces share price pressure despite generating significant revenue.

• MSFT
• ZM

Zoom taps Microsoft veteran Chang as finance chief

Zoom appoints Michelle Chang as CFO effective Oct. 7, succeeding Kelly Steckelberg, as the company enhances video-conferencing products with AI amidst rising annual revenue forecasts.

• GOOGL
• ZM

Huddle01 to Launch Node Sale to Expand its Video Network, after hosting 6 million minutes of meetings

• GOOGL
• ZM

Huddle01 to Launch Node Sale to Expand its Video Network, after hosting 6 million minutes of meetings

Huddle01 will launch its media node sale on November 6, 2024, revolutionizing decentralized real-time communication with innovative solutions to traditional RTC challenges.

• ZM

Zoom CFO sells over $590k in company stock

CFO Kelly Steckelberg sold significant Zoom shares under a trading plan, while the company exceeded earnings expectations and updated its revenue outlook amidst positive market indicators.

• VIST
• ZM

Vista Energy to pump more than $1 billion into growing Argentina shale

Vista Energy plans to invest $1.1 billion in Argentina's Vaca Muerta shale this year to boost oil production and cut costs, responding to growing energy demands.

• ZM

Four tips to make the most of hybrid work

• ZL
• ZM

Argentina oilseed workers' strike nears one-week mark

An oilseed workers' strike in Argentina, ongoing for seven days, disrupts shipments as inflation drives salary demands, affecting key agricultural exports.