Zoom’s bid to acquire call center software provider Five9 is officially over. The companies announced in a press release that they have mutually agreed to scrap the proposed $14.7 billion all-stock deal, which was announced in July, after it didn’t receive enough votes from Five9 shareholders earlier today. The failed acquisition stems from Zoom’s recent stock market woes–its shares had...
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The Shaky Mental State of Silicon Valley
Hi, welcome to your Weekend! Next month, when the San Francisco Board of Supervisors reconvenes after its summer recess, one of the matters up for discussion will be a resolution to decriminalize the use of psychedelics. While San Franciscans have never needed Board approval to partake in the wonders of nature, you can bet plenty of tech workers around town will be rooting for a yay...
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