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Former logo (2014-2022) Zoom was founded by Eric Yuan, a former corporate vice president for Cisco Webex. [6] He left Cisco in April 2011 with 40 engineers to start a new company, [2] originally named Saasbee, Inc. [7] The company had trouble finding investors because many people thought the videotelephony market was already saturated. [7]
When the idea was rejected, Yuan left Cisco to establish his own company, Zoom Communications. [10] In 2019, Zoom became a public company via an initial public offering, [21] at which time Yuan became a billionaire. [9] [2] His wealth has increased during COVID-19 pandemic, as Zoom benefited from the shift to online work and teaching. [22]
Video-conferencing platform Zoom Video Communications Inc founder Eric Yuan transferred about 18 million shares worth over $6 billion last week, according to a regulatory filing. The transfers ...
Like many other pandemic winners, Zoom Video Communications (NASDAQ:ZM) stock is a pandemic darling that made the most of the moment. Source: Michael Vi / Shutterstock.com The growth story of Zoom ...
Zoom Workplace (commonly known and stylized as zoom) is a proprietary videotelephony software program developed by Zoom Communications.The free plan allows up to 100 concurrent participants, with a 40-minute time restriction.
Both Zoom Video Communications (NASDAQ:ZM) and Zoom Technologies (OTCMKTS:ZOOM) have made major moves on Wall Street in recent weeks. However, it appears some confusion has allowed ZOOM stock to ...
Shares of communications platform Zoom Video Communications (NASDAQ: ZM) dropped on Tuesday after the technology company reported financial results for its fiscal third quarter of 2025.
With an 8% rise since the beginning of October, Zoom Video Communications (NASDAQ:ZM) stock looks like it has finally bottomed. Source: Girts Ragelis / Shutterstock.com It’s been a challenging ...