Shares of Zoom Video (ZM) are up about 4% in afternoon trading after Financial Times reported that Microsoft (MSFT) has offered to stop forcing customers of its Office software to also have its Teams video conferencing and messaging app automatically installed on their devices to prevent an official antitrust probe by EU regulators.
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Read More on ZM:
- Zoom Video Communications call volume above normal and directionally bullish
- Citi opens ‘negative catalyst watch’ on Zoom Video shares
- Zoom Video to acquire Workvivo, terms not disclosed
- Putting people at the heart of hybrid work: Zoom to acquire Workvivo to bolster the employee experience offering
- Unusual put flow in option market yesterday
