Dare ObasanjoAug 8, 2023

Verizon is shutting down the Zoom competitor it purchased for $400 million in 2020. This isn’t even the most ignominious failed tech purchase by Verizon that’s their Yahoo acquisition.

Cellular carriers are great proofs of the saying that culture eats strategy for breakfast. Verizon and AT&T keep wanting to be tech & content players but keep botching acquisitions. They should embrace being sellers of dumb pipes who grow their business by adding random fees to phone bills https://www.theverge.com/2023/8/8/23825112/verizon-bluejeans-shutting-down-sunset

Verizon is shutting down BlueJeans, which it bought for $400 million

Verizon is shutting down BlueJeans, its Zoom competitor it acquired for a lot of money in the early days of the covid pandemic. Users on the company’s free tier will be able to use it until August 31st.

The Verge
Show threadPhil Wolff
@carnage4life The one who controls the namespace wins. Verizon and AT&T do great when the namespace is phone numbers. IM and every social network did away with that and telcos never caught on.
Aug 9, 2023 at 8:07pmWeb