Salesforce.com Inc helped Zoom Video Communications Inc get off to a good start when it invested in the startup’s IPO roughly two years ago. But with the videoconferencing company now looming as a serious threat in cloud software, Salesforce may regret its initial support. Zoom announced an agreement to acquire cloud call-center software maker Five9 Inc for $14.7 billion in ...

It’s good to see that some US politicians are still working on fixing the country’s broken healthcare system. Proposals from Senator Bernie Sanders had some very promising elements, though also some less helpful ones. Unfortunately, it seems that the only piece of his plan likely to make it into the final spending bill is the least helpful part: the expansion ...

Bloomberg Singapore Airlines Ltd’s Indian joint venture expects the last four Dreamliners from its Boeing order to arrive by October 2022, a delay of up to seven months as the US planemaker addresses flaws with the jet and the pandemic weighs on air travel. Vistara, which Singapore Airlines jointly owns with conglomerate Tata Group, has received two Boeing 787 Dreamliners ...

Bloomberg UK retail sales surged unexpectedly in June as consumers spent more in grocery stores to celebrate European championship soccer, adding momentum to the economic recovery. The volume of goods sold in shops and online rose 0.5% from the month before, the Office for National Statistics said. Economists had expected a 0.1% drop. The figures followed an unprecedented jump in ...

Bloomberg Hong Kong will postpone for at least two weeks a plan to start antibody testing at the airport for fully vaccinated people arriving from some areas, people familiar with the matter said, a setback in easing one of the strictest quarantine restrictions in the world. The delay in the second phase of its antibody-testing plan was a result of ...

Bloomberg The redevelopment of Athens’ old airport offered a unique chance to secure pristine sea-side homes close to a major city, and even before bulldozers start to roll, it may already be too late to buy one. Demand has been so strong that all of the apartments in the project’s 45-floor marina tower as well as the 27 beach-front villas ...

Bloomberg United Airlines Holdings Inc. is confident that a domestic travel resurgence will continue despite rising coronavirus infections, leading the carrier to forecast profits for the rest of this year “We don’t just see the light at the end of the tunnel, we’re exiting the tunnel,” Chief Executive Officer Scott Kirby said on an earnings call, citing robust demand. “It’s ...

Bloomberg Uber Technologies, Inc is accelerating its on-demand grocery delivery service in the US, more than doubling the cities where it’s available and partnering with a major grocer as the pandemic-fueled delivery competition heats up. After launching its grocery delivery service last July, Uber said on Monday that it can now be used in more than 400 locations in the ...

Bloomberg The Biden administration has no immediate plans to levy economic sanctions on Chinese officials in response to the Microsoft Exchange hack that the US blames on Beijing, according to people familiar with the matter. Some in the administration cite concern that sanctions wouldn’t be as effective as other approaches in deterring future cyber-attacks by China, according to two people ...

Bloomberg The European Court of Human Rights denied Russia’s request to apply interim measures over alleged violations of human rights conventions by Ukraine, according to the court’s website. Russia demanded the court take measures in accordance with Article 39 of its rules. After the move, the application will be considered at a later date. Russia is seeking to make Ukrainian ...