As Zoom Media Excels, It’s Facing Very Tough Competition

Zoomerrific! What is there to say about Zoom Video (ZM) ? Personally, I was in early, and out early. Then I was in again, then out again, early. Two decent trades. Should have been one awesome-ful investment. You know what they say. No woulda, shoulda, couldas. There are no lousy profits. The firm reported its fiscal third quarter performance on Monday evening. To say that Zoom Video hit the ball out of the park does not do the quarter justice. To say that the share price is probably way too high for where the firm is in their development, or brought forward more quickly than perhaps where it should be given the landscape. Let’s dig in.

Quarter Reported, Quarter Ahead

For the firm’s third quarter, Zoom Video posted adjusted EPS of $0.99, crushing expectations down in the $0.70’s. Revenue generation grew an astounding 366% to $777.19 million. This too, easily

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Henning Larsen Wins Competition for a Mixed-use Development in South Korea

Henning Larsen Wins Competition for a Mixed-use Development in South Korea

Henning Larsen’s proposal for Seoul Valley was selected as the winner of the Central Seoul Development Competition. Seeking to become a new home for the public in the center of the city, the mixed-use development “merges Seoul’s global commercial profile with an ecological return to downtown pedestrian life”. Other entries included schemes by MVRDV and SOM.

Courtesy of Henning LarsenCourtesy of ProloogCourtesy of ProloogCourtesy of Henning Larsen+ 16

Courtesy of Henning Larsen
Courtesy of Henning Larsen

Located on the northern border of Yongsan-Gu, one of Seoul’s central districts, the winning proposal of the 360,644 m² mixed-use urban development, is designed by Henning Larsen in collaboration with local architect Siaplan and retail consultant Benoy. Mixing office, retail, hotel, and residential program within a public podium, the project will enter the Schematic Design phase in the spring of 2021. Aiming to

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Google, Facebook will be subject to competition code from new UK unit

  • The UK on Friday introduced a new “pro-competition” watchdog to regulate Google, Facebook, and others.
  • The Digital Markets Unit will enforce a new code, adding data-transparency requirements and helping small businesses promote themselves online, according to the announcement.
  • Ronan Harris, vice president of Google UK & Ireland, said the search giant looks forward to “working constructively” with the new unit.
  • From April 2021, the unit “could be given powers to suspend, block and reverse decisions of tech giants,” the government said. 
  • Visit Business Insider’s homepage for more stories.

The UK on Friday announced a government unit to enforce a new competition code on Google, Facebook, and other tech giants, beginning in April 2021.

The business secretary, Alok Sharma, said in a statement that companies like Google and Facebook make a “significant contribution” to the UK economy, but “the dominance of just a few big tech companies is leading to less

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Norwich University holds outdoor classroom design competition for high school students

Norwich University holds outdoor classroom design competition for high school students

Norwich University’s School of Architecture+Art launched a competition for high school students to design an outdoor classroom with thousands of scholarship dollars as prizes.

The competition, which is open to all high school students, launched Wednesday, Nov. 4; the submissions deadline is Sunday, Dec. 13. Students may register and compete as individuals or in teams with up to four members. All entries will receive feedback from Norwich University School of Architecture + Art faculty, who will also advise and guide registered competitors. Click here for all details on the design parameters and submission guidelines.

A completed submission will earn an individual or each individual in a team a Norwich scholarship of $500 per year for four years, totaling $2,000. The first-place winner will earn a Norwich scholarship of $2,000 per

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Britain to curb Google and Facebook with tougher competition rules

LONDON (Reuters) – Britain will impose a new competition regime next year to prevent Google and Facebook using their dominance to push out smaller firms and disadvantage consumers.

The code will be enforced by a dedicated unit within the Competition and Markets Authority (CMA), which this year said it needed new laws to keep the tech giants in check.

Google and Facebook dominate digital advertising, accounting for around 80% of 14 billion pounds spent in 2019, Britain’s competition regulator the CMA said.

The two U.S. companies have said they are committed to working with the British government and regulator on digital advertising, including giving users greater control over their data and the ads they are served.

While “unashamedly pro-tech”, Britain’s Digital Secretary Oliver Dowden said there was a growing consensus that the concentration of power in a small number of companies was curtailing growth, reducing innovation and having negative impacts

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FCBStudios Wins Competition to Design New Paradise Building in Birmingham

FCBStudios Wins Competition to Design New Paradise Building in Birmingham

Architecture practice Feilden Clegg Bradley Studios (FCBStudios) has won the competition to design the next building at the Paradise site in Birmingham. The £700 million Paradise redevelopment is being made through a private-public joint venture with Birmingham City Council. The team’s vision for Three Chamberlain Square is to create a new standard for a sustainable workplace in the city.

Paradise Development in Birmingham. Image Courtesy of Paradise
Paradise Development in Birmingham. Image Courtesy of Paradise

Along with a new hotel on the corner of Paradise Street and Ratcliff Square, Three Chamberlain Square will complete Phase Two of Birmingham’s regeneration scheme. The project is part of the latest phase of the Paradise development, which includes 160,000 sq ft of commercial office space next to the Town Hall, Chamberlain Square, and Paradise Street. Three

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Google faces major competition probe over its dominance of internet advertising after Britain leaves EU



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Google faces a major competition probe over its dominance of internet advertising after Britain leaves the EU. 

The Competition and Markets Authority (CMA) has revealed it could investigate the tech giant over controversial changes it is making to data rules. It follows a complaint from Marketers for an Open Web, a group of publishers and marketing firms. 

They claim Google’s new so-called privacy sandbox will allow the firm to hoard customer data – giving it an even bigger stranglehold over the digital ads industry and firms that rely on its platform. 



Probe: The CMA said it was looking at whether the concerns could justify a full-blown competition investigation into Google's actions


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Probe: The CMA said it was looking at whether the concerns could justify a full-blown competition investigation into Google’s actions

The CMA yesterday said it was looking at whether the concerns could justify a full-blown competition probe into Google’s actions. 

It would be the first

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Google under review for possible British competition enquiry

LONDON (Reuters) – Britain’s competition regulator said on Monday it was assessing whether a complaint about Google related to digital advertising warranted a formal competition law investigation.

FILE PHOTO: The Google name is displayed outside the company’s office in London, Britain November 1, 2018. REUTERS/Toby Melville/File Photo

The complaint from Marketers for an Open Web (MOW), a coalition of technology and publishing companies, said it wanted the Competition and Markets Authority (CMA) to delay the launch of Google’s Privacy Sandbox technology.

MOW said the technology would remove features such as login and advertising from the open web and put them under Google’s control.

“We take the matters raised in the complaint very seriously, and will assess them carefully with a view to deciding whether to open a formal investigation under the Competition Act,” the CMA said.

“If the urgency of the concerns requires us to intervene swiftly, we will also

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Foster + Partners Wins Competition to Design Guangming Hub, a New Transport Oriented Development in China

Foster + Partners Wins Competition to Design Guangming Hub, a New Transport Oriented Development in China

Foster + Partners has just unveiled its winning design scheme for a new urban destination in China, the Guangming Hub located on the high-speed rail connecting Hong Kong, Shenzhen, and Guangzhou. In fact, the Transport Oriented Development proposal generates a “smart city that supports the flow of people and goods with robust infrastructure, effective transport networks, reliable public services, and lush greenery”.

© Foster + Partners© Foster + Partners© Foster + Partners© Foster + Partners+ 7

Foster + Partners was chosen to design the Guangming Hub, a contemporary urban center with an integrated and sustainable transport hub at its heart. Using the latest technological tools, the team developed a set of key constraints in order to generate the perfect master plan and devise the ideal urban massing. Integrating 3 metro lines

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