Verizon snaps up Zoom rival BlueJeans for less than $500 million

(Reuters) - Verizon Communications Inc on Thursday agreed to buy BlueJeans Network Inc, a rival of Zoom Video Communications Inc , for less than $500 million as it looks to tap into the new-found popularity of video-conferencing apps.Shelter-in-place orders to contain the spread of the new coronavirus have pushed companies to adopt news ways of doing business, leading to a surge in demand for video-conferencing apps such as Zoom, Cisco's Webex and Microsoft's Teams.BlueJeans has about 15,000..