![]() ![]() That distinction could be crucial in any search for deal approval. Unlike Zoom, which lets users create calendars and send out invitations for meetings, Rooms has a more spur-of-the-moment feel, allowing users to assemble ad hoc chats with groups of friends in their networks. Late last week, Facebook unveiled a new video-conferencing feature for its Messenger app, called Messenger Rooms. “Facebook could argue that Zoom is so important in this corona economy that you need a company as strong as Facebook to handle conference calls.” “Facebook probably has a zero-percent market share in conferencing, so a deal is possible,” says Bloom. Facebook could make the case that it doesn’t operate in Zoom’s primary niche of providing video meetings for businesses, he notes. Under normal conditions, an acquisition of Zoom might be less problematic than a deal to buy, say, Snapchat, says Seth Bloom, formerly general counsel for the US Senate Antitrust Subcommittee. That’s partly because Facebook is embroiled in an antitrust investigation with the Federal Trade Commission, which threatens to unwind Zuckerberg’s earlier acquisitions of Instagram and WhatsApp. On top of business meetings and university lectures, people have been logging on for Passover seders, trivia nights and karaoke competitions.īut if Facebook’s billionaire boss wanted to acquire Zoom, he’d have a tough time, regulatory experts say. ![]() The video-conferencing app has quickly become ubiquitous during the coronavirus lockdown, with its user base surging by 20-fold to more than 200 million since the pandemic began. Zoom is the social-networking sensation of the year - and it’s also probably safe from getting taken over by Facebook anytime soon. moves closer to forcing Big Tech to pay publishers despite Meta's threat Mark Zuckerberg reveals $499 Meta Quest 3 VR headset in latest metaverse betĬalif. Nude man with 'naked' license plate pumping gas stuns onlookers Meta orders employees back to office 3 days per week after slashing 21K jobs ![]()
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