The Justice Department is leading an investigation into Zoom Video Communications (ZM) and its deal to buy Five9 (FIVN) for $15 billion due to potential national security risks posed by the company's ties to China.
Though Zoom is an American company, the DOJ requested that an interagency committee, known as the Committee for the Assessment of Foreign Participation in the U.S. Telecommunications Service Sector, review a license application to see if the deal “poses a risk to national security or law enforcement interest,” a letter posted....More>>>