Even as the pandemic subsides in many parts of the U.S., Zoom Video Communications continues to benefit from companies holding meetings online. Its revenue increased 191% to $956.2 million in the three months to the end of April compared to last year, while free cash flow grew 80% to $454.2 million. Zoom’s revenue growth has remained at the same eye-popping levels as last year’s April...
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Let’s Talk About Jack Dorsey
Well, it’s been a minute since Jack Dorsey has been in the news. But lest you think that Elon Musk—and Congress’s favorite punching bag, TikTok—get all the fun, today short seller Hindenburg Research sent Block’s stock down 15% with a report saying the payments company, formerly known as Square, had been inflating its user metrics by serving criminals with shady “Wild West compliance.”You can...
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