Zoom to acquire software company, aims to boost long-term growth - July 19, 2021

U.S. stock futures fell aggressively Monday on concern a rebound in COVID-19 cases could slow global economic growth. Oil prices and government bond yields also slid, stemming from an uptick in cases related to the delta coronavirus variant. The delta variant is now responsible for more than 70% of cases in some parts of the U.S. U.K. Set for Big Reopening as Cases Soar Most in the World - Bloomberg Netherlands to reimpose work-from-home as infections soar - Reuters The Delta variant is so contagious, those unprotected will likely get it, a Trump administration FDA chief says - CNN The video-conferencing platform Zoom will spend $14.7 billion on a cloud-based contact center software company called Five9 to boost its appeal with business clients. Five9 shares jumped 8.3% in premarket. The acquisition is aimed to accelerate Zoom’s long-term growth after seeing huge success during the pandemic. Innovation remains a top priority for businesses, much like the effort that was seen at the beginning of the pandemic as businesses pivoted to accommodate changing routines. In Peloton competition with gyms, fitness app Strava can win - CNBC Panera Adds Two New Catering Programs To Reach Remote And Hybrid Workers - Forbes COVID-19 forces innovation as companies fight to survive - Crain’s Chicago Business @danielnewmanUV: New Research Note: Deeper look at the news of @Zoom's intent to acquire @Five9. I like the deal. 34x on revenue but a complete solution to enter contact center AND play more in analytics, #CX, data, and show intent of platform extensibility. Wells Fargo announced it will start calling employees back to the office starting in September. ​​The firm told its nearly 260,000 staff members their schedules will look very similar to what they did before the pandemic. More U.S. banks are trying to combat turnover and burnout among young workers by offering raises, bonuses and vacations – Wells Fargo offered $20,000 one-time bonuses to some junior workers. Why are some large banks taking a hard line on