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You might use Zoom for free, but companies are paying for it — pushing the stock to new heights – MarketWatch

With no end to pandemic in sight, Zoom sees big surge in corporate customers large and small

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Zoom Video Communications Inc. has become a household name during the coronavirus pandemic, with millions of people using its online-video service for free but it still needs companies to pay for it in order to survive.On Monday, it proved that is happening and then some. Zoom
ZM,
+8.63%
reported another amazing quarter as consumers, schools and all types of businesses continue to use the service while sheltering in place, sending shares up 22% in after-hours trading. While most individual…

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PayPal in Talks to Buy Crypto Firms Including BitGo – Bloomberg

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US faces major hurdles for COVID-19 vaccine distribution: Vaccine advisory committee – Yahoo Finance

The race for a COVID-19 vaccine race doesn’t end with emergency use application. Companies are faced with several obstacles, according to the FDA’s vaccine…

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Any coronavirus vaccine that could be authorized for emergency use by the U.S. Food and Drug Administration (FDA) faces several additional hurdles after completing the final stage of clinical trials.
That was the theme of key issues addressed today by the FDAs vaccine advisory committee which includes a group of health and science experts who advise the regulatory agency on the best way to approach the path forward for a COVID-19 vaccine.
Among the more immediate hurdles, the path to receive an…

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Meet NextEra, America’s most valuable energy firm – The Economist

The clean-energy utility has surpassed ExxonMobil in market capitalisaion—and shows no signs of slowing

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TO MANY INVESTORS, backing an American oil company looks only slightly shrewder than stuffing cash in a blender. Facing covid-19 and old concerns over low returns, the industry is scrambling to boost efficiency. On October 19th ConocoPhillips said it would pay $9.7bn for Concho Resources, a Texan fracking firm. The next day two other frackers, Pioneer Natural Resources and Parsley Energy, announced a $4.5bn tie-up. Across the sector, oilmen are vowing to put profits before growth. How about a firm…

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