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Zoom Reports Strong Q3 Earnings, Driven by AI Innovations and Customer Growth

Zoom Video Communications Inc. witnessed a steady rise in its shares during after-hours trading today, reflecting the company's robust performance in its fiscal third quarter, surpassing market expectations. The online communications giant reported an adjusted net income of $401.2 million, marking a significant increase from the previous year's $332.2 million. Revenue saw a 3% surge from the previous year, amounting to $1.137 billion, outperforming analysts' projections of $1.12 billion in revenue and $1.09 per share in earnings.

JoyNov 21, 2023 3:32 pm

Apple Faces Class Action Over Crypto Tech Limitations in P2P Payments

Venmo, Cash App users sue Apple over peer-to-peer payment fees

AaronNov 21, 2023 3:41 pm

Emmett Shear Takes the Helm at OpenAI Amidst Leadership Shift

Sam Altman steps down as OpenAI CEO, replaced by interim CEO Emmett Shear, highlighting the critical role of leadership in shaping AI's ethical impact on society.

JixuNov 21, 2023 5:23 pm

OneSpan Introduces Trust Vault: A Quantum-Safe Blockchain Storage Solution

OneSpan introduces Trust Vault, a quantum-safe blockchain storage solution integrated with its e-signature platform, OneSpan Sign. Trust Vault enhances document provenance protection against security threats by combining traditional digital signatures with blockchain technology, ensuring long-term authentication, irrefutable origin dates, and compliance with regulatory requirements in the era of quantum computing.

JixuNov 21, 2023 4:00 pm

Bittrex Global Winds Down Despite Earlier Statement After SEC Lawsuit

Set for 4th December 2023, the exchange aims to ensure a transparent and smooth wind-down process, reassuring users of the safety and security of all funds and tokens on its platform.

DavinNov 21, 2023 5:02 pm

AstraZeneca's Healthcare Revolution: Merging with Digital in a New Era

AstraZeneca pioneers a healthcare revolution, unveiling Evinova to accelerate clinical trials and integrate digital solutions in a new era of medical advancements.

Hui XinNov 21, 2023 5:11 pm

dYdX Enhances Security Measures Following $9 Million Loss in Targeted Attack

Decentralized exchange dYdX has implemented new risk management measures after a targeted attack led to a $9 million depletion in its insurance fund.

AaronNov 21, 2023 5:52 pm

DFINITY and SingularityNET Forge Pioneering Partnership for Decentralised AI on ICP Blockchain

DFINITY Foundation and SingularityNET collaborate to advance decentralised AI infrastructure on the Internet Computer (ICP) blockchain. The partnership aims to bring the benefits of decentralised AI services to the developer community and humanity at large.

AaronNov 21, 2023 6:12 pm

CZ Steps Down After Guilty Plea. Will the $4 Billion Fine Be The End of Binance?

A complete withdrawal from the US market is on the horizon as part of Binance's settlement with the Financial Crimes Enforcement Network (FinCEN).

DavinNov 22, 2023 10:19 am

Privy's Series A Funding: Paradigm Leads with $18M

Privy, a startup specialising in blockchain-based tools, has successfully secured $18 million in its Series A funding round. Paradigm, the crypto-focused investment firm, took the lead in this funding initiative, signaling a growing interest in web3 advancements.

JasperNov 22, 2023 10:40 am