News | Latest Breaking News Stories & Headlines

The video-conferencing company was a stock market darling during the pandemic

Zoom Video shares gain on strong results

Zoom Video Communications' shares gained more than 7% in early trading today after the company delivered better-than-expected results and announced a share buyback of up to $1.5 billion.

Business • 27 Feb 24

Zoom agrees deal to buy Cork-based Workvivo

Cork-based Workvivo is to be bought by video conferencing company Zoom for an undisclosed sum.

Business • 14 Apr 23

Zoom had bumped up hiring during Covid to meet surging demand, but now joins US companies in reining in costs to brace for a potential recession

Zoom to cut 1,300 jobs as pandemic-fueled demand slows

Zoom Video Communications said it would cut about 1,300 jobs, as demand for the company's video conferencing services slows with the waning of the pandemic, and take a related charge of up to $68m.

Business • 08 Feb 23

Zoom said it is expecting a hit from declining online business

Zoom cuts revenue forecast on slow online business

Zoom Video Communications has lowered its annual revenue forecast, as the video-conferencing platform expects a hit from declining online business.

Business • 22 Nov 22

Shares of Zoom, a pandemic darling, have tumbled 85% since they touched a record high in 2020

Zoom raises full-year profit view on strong demand

Zoom Video Communications has raised its full-year adjusted profit forecast, betting on robust demand from large businesses in a hybrid work environment.

Business • 24 May 22

Zoom's revenue had risen 54% in the previous quarter and had surged 360% a year earlier

Zoom shares fall as Wall St turns cautious on growth

Zoom Video Communications' third-quarter revenue growth rate slowed to 35% as demand for its video-conferencing tools eased from the pandemic-fueled heights last year.

Business • 23 Nov 21

The teleconferencing services provider has become a household name

Zoom to buy cloud-based call centre operator Five9

Zoom Video Communications has announced a $14.7 billion all-stock deal to buy cloud-based call centre operator Five9 in its largest-ever acquisition, as competition intensifies in its core videoconferencing sector.

Business • 19 Jul 21

Rod Ponton (bottom right) said he did not know how to remove the kitten filter

'I'm not a cat,' says lawyer after kitten filter mishap

A lawyer in Texas has gone viral after accidentally activating a kitten filter during virtual court proceedings.

US • 10 Feb 21

Meetings, classes, lectures and even social catch-ups went virtual for most of 2020

Business 2020: Life through a lens leads to tech boom

2020 will be remembered as the year of the screen as the pandemic pushed normally face-to-face interactions into the digital world - exposing the sometimes yawning gaps in the country's connectivity in the process.

Business • 31 Dec 20

GMIT President Dr Orla Flynn said the college was taking the breach of GMIT policies and data protection legislation 'very seriously'

GMIT apologises for lecturer Zoom comments

Galway-Mayo Institute of Technology has apologised after two lecturers were overheard at the end of a Zoom session with students discussing the performance of students in crude terms, as well as speculating on private details of students' lives.

Education • 14 Dec 20

lack said the issue was Microsoft's Teams productivity software

Slack wants EU investigation into Microsoft practices

US workspace messaging app Slack Technologies has today asked EU competition regulators to investigate Microsoft for allegedly abusing its market dominance.

Business • 22 Jul 20

Zoom had faced backlash from users for failing to disclose that its service was not end-to-end encrypted

Zoom buys secure messaging service Keybase

Zoom Video Communications as bought Keybase, a secure messaging and file-sharing service, for an undisclosed price to help it build end-to-end encryption for its video conferencing platform.

Business • 07 May 20

Zoom's user base grew by another 50% to 300 million in the last three weeks

Zoom users top 300 million as ban list grows

Zoom said its video conferencing app's user base grew by another 50% to 300 million in the last three weeks.

Business • 23 Apr 20

Zoom has experienced an explosion in user numbers during the coronavirus pandemic

Zoom addresses concerns over data routing

Zoom is to let users opt in and out of specific data centre regions as part of the video conferencing app's latest security update.

Business • 14 Apr 20

Taiwan and Germany have already put restrictions on Zoom's use

Singapore suspends Zoom use by teachers after incidents

Singapore has suspended the use of video-conferencing tool Zoom by teachers, its education ministry said on Friday, after "very serious incidents" occurred in the first week of a coronavirus lockdown that has seen schools move to home-based learning.

Business • 10 Apr 20

Zoom