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Zoom Changes Name to Emphasise AI Offerings, Gives Sales Forecast
Zoom Video Communications gave a sales forecast for the current quarter that failed to impress investors who were expecting a bigger boost from the company’s expanded suite of products. Revenue will be about $1.18 billion (roughly Rs. 15,170 crore) in the period ending in January, Zoom said Monday in a statement.
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Zoom to Lay Off 1,300 Workers as Firm Cuts 15 Percent of Workforce Amid Slowing Demand
Zoom announced on Tuesday that it will cut about 1,300 jobs, amid slowing demand in a post-pandemic world. The cuts will affect 15 percent of the company's workforce. Zoom CEO Eric Yuan said he would take a pay cut of 98 percent for the coming fiscal year and forego his bonus.
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Zoom Annual Revenue Forecast Lowered Amid Decline in Online Business, Rising Inflation
Zoom on Monday stated that it had cut its annual revenue forecast amid a decline in online business. The company's CFO Kelly Steckelberg said that Zoom's online business would decline nearly 8 percent during the year. The easing of pandemic-related restrictions across the world is also weighing on its business as people started spending less time o...
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"Pandemic Darling" Zoom Reports Slowest Quarterly Revenue Growth
Zoom Video Communications Inc raised its full-year adjusted profit forecast on Monday, betting on robust demand from large businesses in a hybrid work environment, sending shares of the company up 15% in extended trading.
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Zoom Posts Slow Q3 Revenue Growth Due to Ease in Demand for Video-Conferencing Tools
Zoom’s third-quarter revenue growth rate slowed to 35 percent as demand for its video-conferencing tools eased from the pandemic-fuelled heights last year.
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Zoom Q2 Earnings Exceed Expectations But Growth Forecast Disappoints Investors
Zoom Q2 earnings report marks its first billion-dollar revenue quarter, but the company signaled a faster-than-expected easing in demand for its video-conferencing service after a pandemic-driven boom, which sent its shares tumbling 11 percent.
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Zoom Subscriber Growth Slows as People Return to Classrooms and Offices, Posts Big Quarter Nevertheless
Zoom’s astronomical growth is tapering off along with the pandemic, raising questions about whether the video-conferencing service’s immense popularity will fade as more people return to classrooms, offices, and other places that have been off limits for the past year.
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Apple Touts $1.8 Billion in Holiday Sales at App Store
Apple said a dizzying $1.8 billion (roughly Rs. 13,160 crores) was spent on digital goods and services at its App Store between Christmas Eve and the end of December.
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Zoom to Lift 40-Minute Meeting Limit for Hanukkah, Christmas, and New Year for Free Accounts
Zoom has announced that it will lift the 40-minute meeting limit for free accounts for Hanukkah, Christmas, and New Year. The limit will be lifted automatically from December 17 at 10am ET (8.30pm IST) to December 19 6am ET (4.30pm IST), which covers the last few days of Hanukkah.
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Zoom Booms as Pandemic Drives Millions to Its Video Service
Zoom Video Communications is rapidly emerging as the latest internet gold mine as millions of people flock to its conferencing service to see colleagues, friends and family while tethered to their homes during the pandemic.
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Asus ZenFone AR With 8GB of RAM, Vodafone Takes on Reliance Jio, CES 2017 Continues, and More: Your 360 Daily
AMD Vega revealed, Intel's 5G mode, App Store's new record - and a whole lot more.
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Zoom Changes Name to Emphasise AI Offerings, Gives Sales Forecast
Zoom Video Communications gave a sales forecast for the current quarter that failed to impress investors who were expecting a bigger boost from the company’s expanded suite of products. Revenue will be about $1.18 billion (roughly Rs. 15,170 crore) in the period ending in January, Zoom said Monday in a statement.
-
Zoom to Lay Off 1,300 Workers as Firm Cuts 15 Percent of Workforce Amid Slowing Demand
Zoom announced on Tuesday that it will cut about 1,300 jobs, amid slowing demand in a post-pandemic world. The cuts will affect 15 percent of the company's workforce. Zoom CEO Eric Yuan said he would take a pay cut of 98 percent for the coming fiscal year and forego his bonus.
-
Zoom Annual Revenue Forecast Lowered Amid Decline in Online Business, Rising Inflation
Zoom on Monday stated that it had cut its annual revenue forecast amid a decline in online business. The company's CFO Kelly Steckelberg said that Zoom's online business would decline nearly 8 percent during the year. The easing of pandemic-related restrictions across the world is also weighing on its business as people started spending less time o...
-
"Pandemic Darling" Zoom Reports Slowest Quarterly Revenue Growth
Zoom Video Communications Inc raised its full-year adjusted profit forecast on Monday, betting on robust demand from large businesses in a hybrid work environment, sending shares of the company up 15% in extended trading.
-
Zoom Posts Slow Q3 Revenue Growth Due to Ease in Demand for Video-Conferencing Tools
Zoom’s third-quarter revenue growth rate slowed to 35 percent as demand for its video-conferencing tools eased from the pandemic-fuelled heights last year.
-
Zoom Q2 Earnings Exceed Expectations But Growth Forecast Disappoints Investors
Zoom Q2 earnings report marks its first billion-dollar revenue quarter, but the company signaled a faster-than-expected easing in demand for its video-conferencing service after a pandemic-driven boom, which sent its shares tumbling 11 percent.
-
Zoom Subscriber Growth Slows as People Return to Classrooms and Offices, Posts Big Quarter Nevertheless
Zoom’s astronomical growth is tapering off along with the pandemic, raising questions about whether the video-conferencing service’s immense popularity will fade as more people return to classrooms, offices, and other places that have been off limits for the past year.
-
Apple Touts $1.8 Billion in Holiday Sales at App Store
Apple said a dizzying $1.8 billion (roughly Rs. 13,160 crores) was spent on digital goods and services at its App Store between Christmas Eve and the end of December.
-
Zoom to Lift 40-Minute Meeting Limit for Hanukkah, Christmas, and New Year for Free Accounts
Zoom has announced that it will lift the 40-minute meeting limit for free accounts for Hanukkah, Christmas, and New Year. The limit will be lifted automatically from December 17 at 10am ET (8.30pm IST) to December 19 6am ET (4.30pm IST), which covers the last few days of Hanukkah.
-
Zoom Booms as Pandemic Drives Millions to Its Video Service
Zoom Video Communications is rapidly emerging as the latest internet gold mine as millions of people flock to its conferencing service to see colleagues, friends and family while tethered to their homes during the pandemic.
-
Asus ZenFone AR With 8GB of RAM, Vodafone Takes on Reliance Jio, CES 2017 Continues, and More: Your 360 Daily
AMD Vega revealed, Intel's 5G mode, App Store's new record - and a whole lot more.
