WSJ: Zoom’s Nearly $15 Billion Deal for Five9 Under U.S. Government Review Over China Ties

Tue September, 2021, Age: 4 weeks

A Justice Department-led panel is investigating Zoom Video Communications Inc.’s deal to buy an American customer-service software company, due to potential national-security risks posed by its China ties. Zoom said it expects to receive regulatory approvals by the first half of next year, which could still leave it on track to close the deal when it had planned.


FOLLOW


Subscribe

Canton Fair participants said global inflation was the biggest risk for their businesses and many Chinese exhibitors said they were disappointed at the lack of foreign buyers. https://www.scmp.com/economy/global-economy/article/3152903/chinas-canton-fair-wraps-exporters-lament-lack-foreign

President Xi Jinping ordered better regulation of the country’s technology sector, which would help China take advantage of the transformation happening in the tech industry. https://www.bloomberg.com/news/articles/2021-10-19/china-s-xi-vows-tighter-oversight-of-tech-firms-digital-economy


Purchase