Zoom Video Communications revealed that the total number of businesses using its service fell slightly in the January quarter, a vivid reminder of how much the pandemic star has fallen from grace. Zoom said that 509,800 firms with more than 10 employees used its service in the quarter, down from 512,100 in the October quarter. That number had skyrocketed, from 81,900 immediately before the...
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Amazon’s Anthropic Deal Signals Cloud Sector Turbulence
You know the cloud industry is in upheaval when industry leader Amazon Web Services has to copy a tactic used by its smaller rivals to compete more effectively. The Amazon unit’s decision on Monday to invest up to $4 billion in AI startup Anthropic, as part of a broader deal in which AWS becomes the startup’s “primary cloud provider,” looks a lot like the type of equity-for-business deals AWS...
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