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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]
Eric S Yuan [5] (Chinese: 袁征; pinyin: Yuán Zhēng; born 20 February 1970) is a Chinese-American billionaire businessman, engineer, and the chief executive officer and founder of Zoom Communications, of which he owns 22%. [6] [7]
Zoom responded that it had been made aware of the issue and patched the app to remove the SDK after learning that it was collecting unnecessary device data. The company stated that the SDK was only collecting information on the user's device specifications (such as model names and operating system versions) in order to optimize its service and ...
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This boom in popularity has led Zoom stock to soar 569% since the beginning of the year, bringing its market cap to $129 billion as of Sept. 1, CNBC reported. Following coronavirus-related ...
The coronavirus pandemic has changed the way we work, learn and socialize — and Zoom has helped keep us connected through these changes. The video-conferencing platform has been utilized to host...
Zoom Corporation was founded in Tokyo in 1983 and in 2004, established ZOOM HK LTD as a logistics base in Hong Kong. In 2009, it set up ZOOM Dongguan Corporation (China) as a quality control operation; [3] 2013, formed ZOOM North America, LLC (US) as a distribution base; 2017, listed on Tokyo Stock Exchange JASDAQ (Standard); [4] [5] In 2018, acquired shares of Mogar Music S.p.A. (Italy ...
Zoom on Tuesday announced plans to cut about 1,300 workers, or 15% of its workforce, according to a blog post on the company’s website.