Zoom Foresees Robust Growth Even as Pandemic Pressures Ease 

The videoconferencing software provider also said its revenue more than quadrupled to $2.65 billion in its latest fiscal year as lockdowns drove demand for its service.

J&J Covid-19 Vaccine Shipments to States Start 

Trucks have set out from distribution centers, putting the first use of Johnson & Johnson's single-dose vaccine on track to begin Tuesday.

IBM Names Research Veteran as CIO 

International Business Machines Corp. named a new chief information officer, as the 109-year-old company works to revamp growth by focusing on artificial intelligence and hybrid-cloud computing.

Walmart Diversification Goes Into Overdrive With Goldman Hires 

Walmart signals it is getting serious about financial technology, even as it is expanding into online advertising and other businesses.

Twitter Expands Use of Enforcement System to Covid-19 Falsehoods 

Twitter users who repeatedly tweet coronavirus misinformation face a ban from the site under the new policy.

Greensill Capital Faces Possible Insolvency After Credit Suisse Suspends Funds 

The SoftBank-backed lender has hired restructuring advisers and could file for insolvency within days, people familiar with the matter said, after Credit Suisse suspended $10 billion in investment funds.

Exxon Adds New Board Members Amid Activist Pressure 

The oil giant said Jeffrey Ubben and Michael Angelakis would join its board, but Engine No. 1 plans to continue a proxy fight.

Tailored Brands Offered Rescue Loan Amid Declining Business 

Tailored Brands Inc., the parent company of apparel retailers Men's Wearhouse and Jos. A. Bank, needs a financial lifeline roughly three months after emerging from bankruptcy, as business continues to decline during the Covid-19 pandemic.

South Korean Battery Makers Pitch White House About Georgia Factory 

SK Innovation wants the Biden administration to reverse a trade ruling it lost to rival LG Chem involving a factory project seen as key to the electric-car plans of Ford and Volkswagen.

Streaming Business MobiTV Files for Bankruptcy With T-Mobile Financing Lined Up 

The Emeryville, Calif.-based software company entered chapter 11 proceedings in the U.S. Bankruptcy Court in Wilmington, Del., with total assets of $19 million and liabilities of $75 million.


(END) Dow Jones Newswires

March 01, 2021 23:15 ET (04:15 GMT)

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