Zoom Acquired Five9. This Week’s Business & Crypto Some businesses, especially those that focus their efforts on expanding their e-commerce ventures, have seen their profits grow even more than before.
Ermenegildo Zegna has announced plans to go public with a valuation of US$3.2 billion. A new York-based privately-owned acquisition company will help the label secure $US880 million in financing.
Zoom acquired cloud contact center Five9
Zoom has acquired the cloud communication center Five9 in an all-stock business worth approximately USD 14.7 billion. The video communications giant will combine Five9’s communication center as a service solution on Zoom’s popular platform.
LVMH (PARIS:MC.PA +2.06%) acquired a majority stake in off-white™ brandLVMH has agreed to buy a majority stake in Virgil Abloh’s Off-White™ streetwear brand owner Off-White LLC. Abloh will reportedly own a 40 percent stake in the company following the deal.
sees its growth slow after the 2020 boomNetflix lagged behind first-quarter figures by getting another 1.5 million subscriptions during the second quarter of 2021. The figures look even weaker than in the first quarter of 2020.
reached more than 206 million usersTwitter announced in its second quarter earnings report, which has more than 206 million daily active users. The company also reported second-quarter revenue of $US1.19 billion, a 74 percent increase from 2020 figures.
Steve Jobs’ handwritten 1973 job application is being sold
as an NFT Apple co-founder Steve Jobs’ 1973 job application goes up for auction, pitting NFT against physical collections. The auction closes on Wednesday, July 28, and bids can be made through the auction’s official website.
A new NFT service,
Real Nifty, which will print any NFT you can imagine , has launched an NFT printing service that allows everyone to create an NFT for what they want to buy. Potential NFT consumers can fill out a form stating their requests, who they want it from, and offer prices.
process of making a new documentary about the future of crypto,Optimist will officially begin production of a cryptocurrency documentary called Ethereum: The Infinite Garden. The film focuses on ethereum founder Vitalik Buterin and other leaders in space.
Elon Musk confirmed
that he still owns Bitcoin At a conference organized by the Crypto Council for Innovation on Wednesday afternoon, Elon Musk doubled his support for the cryptocurrency, causing prices to rise. There had previously been speculation that Musk was selling the assets he held.
to be expanding in cryptocurrency According to a job advertisement, Amazon seems to be expanding into cryptocurrency and blockchain products . Amazon wants to hire a ” Digital Currency andBlockchain Product Leader”that will “innovate on behalf of customers and within the financial system”.