Verizon Fails Again, Shutters Attempted Zoom Alternative BlueJeans After Paying $400 Million For It
Verizon Fails Again, Shutters Attempted Zoom Alternative BlueJeans After Paying $400 Million For It
Pretty much every time Verizon wanders outside of its core competencies (operating telecom networks, lobbying to hamstring competition, undermining the most basic of regulatory oversight)…
I heard about this earlier but re-reading this headline made me smile all over again. I will simply never get tired of hearing about Verizon failing.
I feel like they have so many failed ventures.
They are just trying to emulate Google.
Kind of sad really. A large bureaucracy buys a company to bring some innovation internally, or capitalize on a market trend. But the internal bureaucracy and politics overwhelmed the new organization, so it can no longer compete externally and internally it has no backers. And fails.
I think it's a mark of a good organization if they can onboard an external company, and that company stays viable long-term.
A while back, I (with a few others) built and sold an innovative tech company to a large “enterprise”. What you’re describing is exactly why they bought us and how things played out post acquisition. I’ve since left, but the thing we built is now in shambles, buried and suffocated by bureaucracy and institutional ineptitude. The parent company has learned nothing, continues to keep buying smaller tech companies, and can’t seem to figure out why things always turn to shit.
Large organizations (no matter the sector) are almost always just coasting on momentum, there's no innovation possible.
Even fairly small companies quickly develop such a gigantic administration overhead, that they quickly turn to stone.
This is the other side of the bullshit jobs book.
Bleh good riddance. Blue Jeans was the worst out of all video conferencing apps.
I find it pretty funny because I'm relatively informed on corporate voice conferencing as an employee and never even heard of blue jeans. I don't think this ever even had a chance.
Is there anything that Verizon can do well?
They're pretty good at arbitrarily raising prices.
There top of their class in missing credits and charging arbitrary fees.
They all arbitrarily raise prices. The most recent lawsuit with AT&T was a 2 dollar increase to customers bills that they got sued for and lost. What was the resolution? They paid far less than they made.
It's not just Verizon my friend.
I like FIOS. Between that or spectrum I'll take Verizon every time
FiOS has been my favorite ISP because it’s just a hole in the wall the internet comes out of, and I can use my own hardware and they don’t seem to care if I run a server.
The bar is pretty low but at least they hit it.
Ah one of those endeavours where an executive thought "well, it can't be that hard. We will do it better and cheaper and reap the profits". Just to be hit with reality.
Have worked with many entrepreneurs. That is exactly how sone of them think. No respect for other‘s inventions, everything must be done right away and nobody is smarter than them.
To be fair, that's kinda how Zoom came about...
Wasn't the CEO of Zoom a high level engineer for Cisco? I believe it was one of those situations where the executives weren't listening to where he thought the WebEx platform should focus on development and he thought "Fuck it, I'll do it myself"
Verizon fails at almost everything not a telecom.
If its not telecomm they cant do it right. Remember them owning Yahoo, or perhaps Go90 and how fantastic those turned out??? Yeah...
Wait, people think they are competently handling telecommunications?
That’s like saying ISPs are doing a good job…
Fair enough.
HA HA!
I am seeing a lot of, "I hate Verizon." Comments, you guys don't know a lot about the telecom industry and AT&T's rise and failure.
Look up the Baby Bells and the crack down on AT&T. Listen to a couple of security podcasts and learn about AT&T charging users 700 dollars and instead of looking into the bill mishap they were blaming the users.
Listen to the issues T-Mobile has with security.
Is Verizon better in every way? No. Is every other company better because Verizon is better. Also, no.
We do not defend companies in these parts. If everyone's bad then everyone's bad. There shouldn't need to be a "relative to x, y isn't that bad."
The comments very much say otherwise. Additionally, I am not defending Verizon.
I am aware Lemmy users don't defend companies.