3rdPartyFeeds

Why Amazon.com Stock Popped Today

Amazon is diving deeper into robotics. As the company announced on its AboutAmazon.com blog on Friday, Amazon has just signed a deal to acquire Belgian "mechatronics solutions" company Cloostermans. Amazon noted on its blog that it has been using Cloostermans technology "to help move and stack heavy pallets and totes or package products together for customer delivery" since 2019 already. Read More...

Reuters

Zoom renames chat product, adds features in push to compete with Teams, Slack

Zoom’s app, now known as Zoom Team Chat, will also include features such as the ability to share in-meeting chat to Team Chat, schedule a meeting from chat or channel. Zoom was a little-known company when the pandemic hit in early 2020, but posted triple-digit revenue growth at the peak of the crisis as people stuck at home took to video-conferencing to communicate. The company, which competes with WeChat Work, Microsoft Teams, Cisco WebEx and Slack, faces an uphill task of onboarding high-paying clients to sustain its growth at a time when several firms are shifting to hybrid work.

Read More