BUSINESS NEWS | Zoom Doubles Full-Year Revenue Forecast On Remote – Work Boost

NEW YORK | Zoom Video Communication Inc. nearly doubled its expectations for annual sales on Tuesday, riding on a surge in usage of its video conferencing platform due to coronavirus – driven lockdown measures globally.

However, the latest quarterly reported shows the issue had little impact on its numbers. The company said it now had about 265,400 customers with more than 10 employees, a near four-fold increase from a year earlier.

Zoom also reported first-quarter revenue of $328.2 million, beating analysts’ estimates of $200.7 milion, according to IBES data from Refinitiv.

The company raised its full-year revenue forecast to a range of $1,78 billion to $ 1.80 billion from  $935.2 million.


BREAKING NEWS | Twitter Accounts Of Joe Biden, Elon Musk, Bill Gates, Apple And Others Apparently Hacked

Twitter account belonging to Joe Biden, Bill Gates, Elon Musk and Apple, among other prominent handles, were compromised on Wednesday and posted tweets that appeared to promote a cryptocurrency scam. The accounts, along with those of former President Barack Obama, Kanye West, Warren Buffett, Jeff Bezzos and Mike Bloomberg, posted similar tweets soliciting donations via … Continue reading BREAKING NEWS | Twitter Accounts Of Joe Biden, Elon Musk, Bill Gates, Apple And Others Apparently Hacked

NEWS ALERT | Seven Ships Catch Fire At Iranian Port – Tasnim Agency

DUBAI – At least seven ships have caught fire at the Iranian  port of Bushehr, the Tasnim news agency reported on Wednesday, in what appeared to be the latest in a series of unexplained incidents around nuclear and industrial installations since late June. No casualties have been reported, the agency said. There have been several … Continue reading NEWS ALERT | Seven Ships Catch Fire At Iranian Port – Tasnim Agency

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