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From WFH boom to RTO bust. Could a Zoom takeover be next? By Paul R. La Monica, Business Updated 1548 GMT (2348 HKT) September 1, 2022 Here’s why a growing number of Americans are moving to Mexico Klarna CEO on ‘buy now, pay later’ competition from Apple Strategist explains why you should ‘buy stocks when it feels terrible’ Your next subscription could be to Subway. Its CEO explains how it’ll work Walmart vs. Target: A tale of two retail results New York ( Business)The work-from-home boom may be over, and that’s not good news for one pandemic stock market darling. Zoom’s weak earnings outlook and plunging stock price raise the Official Long live animation Shirt but in fact I love this question of whether or not the video conferencing company is a one-trick pony that needs to be part of a larger tech firm. It may have trouble finding a suitor, though. Competition is fierce in the video conferencing business, which means that there aren’t any obvious buyers. And analysts say Zoom is still pretty pricey, even after the big stock drop. Zoom has to contend with several larger tech giants that already have similar products and presumably would not need or want Zoom’s technology or customer base. Microsoft (MSFT) operates Teams and Skype. Cisco (CSCO) has WebEx, which Zoom CEO Eric Yuan helped build. Google owner Alphabet (GOOGL) runs Meet and Chat. Virtual meetings can crush creativity, new study finds Apple (AAPL) likely wouldn’t make sense as a Zoom buyer either. The company already has the ubiquitous FaceTime video chat platform for its iPhones, iPads and Macs. And Apple did a deal in 2020 for a startup called Spaces that helps augment video conferencing technology with virtual reality avatars. But what about other tech firms that still might want a bigger presence in video? Could Zoom be a fit for Meta Platforms (FB)? The Facebook/Instagram/Messenger/WhatsApp owner could potentially get a further boost to its video aspirations by adding Zoom. How about Salesforce (CRM)? There’s an argument to be made to combine Zoom with Slack,
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