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...
Get access to exclusive coverage
Read deeply reported stories from the largest newsroom in tech.
Reality Check AR/VR
Unity Buys Ziva in Photoreal 3D Race; Game Makers Balk at Metaverse
Game engine maker Unity is acquiring Ziva Dynamics, a company that uses machine learning to make more lifelike and efficient models of human characters. Its tech opens the door to creating hyper-detailed characters (and not just photorealistic ones) for games and AR/VR apps while also more easily letting those characters interact with users in believable ways.This acquisition slots into the...
Indian Food Delivery Startup Swiggy Raises $700 Million
Indian’s Ola Electric Raises $200 Million at $5 Billion Valuation
Activist Investor Seeks to Push Peloton CEO Out
Stay in the know
Receive a summary of the day's top tech news—distilled into one email.
Access on the go
View stories on our mobile app and tune into our weekly podcast.
Join live video Q&A’s
Deep-dive into topics like startups and autonomous vehicles with our top reporters and other executives.
Enjoy a clutter-free experience
Read without any banner ads.
Recent Popular Stories
The Big Interview Venture Capital Startups
Microsoft Quantum Computing Executive Sees Progress After Lagging Rivals
Exclusive Startups E-commerce
Inside Gopuff’s Ambitious and Costly Bid to Dominate European Instant Delivery
Executives at Gopuff, a U.S. instant-delivery company that has planned to go public this year, recently told investors that its foray into Europe, which began last year, has topped expectations: The business is on pace to generate $100 million in annual revenue there, or about 5% of its overall revenue currently, and is growing three times faster than it had projected, according to two people with direct knowledge of the discussions.