Everyone you know uses Zoom. That wasn’t always the plan for founder Eric Yuan
4 years, 1 month ago

Everyone you know uses Zoom. That wasn’t always the plan for founder Eric Yuan

CNN  

The tweet was when Eric Yuan knew something had to change. Yuan built Zoom to please his customers — to use Zoom-speak he wanted to “deliver happiness” — and for years that meant giving his business clients a high-quality video conferencing platform that was easy-to-use. Now, “Zoom is not only a business communication company, suddenly it’s becoming an infrastructure company,” Yuan said. “That’s it.” AT&T, which owns CNN’s parent company WarnerMedia, offers business customers Cisco’s WebEx collaboration software, which competes with Zoom. “You have to build a lot of discipline into the product,” Oded Gal, a former WebEx veteran who now works alongside Yuan at Zoom as its Chief Product Officer, told CNN Business.

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History of this topic

Zoom has changed its name – and now it wants to change the way the whole world works
3 weeks, 2 days ago

Zoom has changed its name – and now it wants to change the way the whole world works

The Independent  

“It was as if a photograph had suddenly come to life and begun to talk, smile, nod its head and look this way and that,” the New York Times wrote in 1927, following a demonstration at Bell Telephone Laboratories in which Herbert Hoover appeared on a screen. The early research that Hoover was showing off at Bell Labs eventually gave …

Zoom CEO Eric Yuan suggests U.S. FTC should rethink Microsoft Teams bundle
1 year, 3 months ago

Zoom CEO Eric Yuan suggests U.S. FTC should rethink Microsoft Teams bundle

The Hindu  

Zoom CEO Eric Yuan on Tuesday suggested that the U.S. Federal Trade Commission should perhaps scan the way Microsoft offers its products with the office video communication platform Teams included, due to antitrust concerns. Yuan’s comments came during the Goldman Sachs Communacopia + Technology Conference, when he was asked about Microsoft’s decision to separate Teams from the rest of its …

Zoom abruptly fires its president Greg Tomb after announcing 1,300 layoffs
1 year, 9 months ago

Zoom abruptly fires its president Greg Tomb after announcing 1,300 layoffs

India Today  

Video communications company Zoom made headlines last month when its CEO, Eric Yuan, announced the company’s decision of letting go of 1,300 employees. In a regulatory filing, Zoom announced its president Greg Tomb’s employment termination ‘without any cause’. Zoom fires president Greg Tomb As per reports, a spokesperson for the company announced that as of now, they are not looking …

Video conferencing platform Zoom cuts staff by 15 per cent
1 year, 10 months ago

Video conferencing platform Zoom cuts staff by 15 per cent

New Indian Express  

SAN FRANCISCO: The company behind the Zoom video conferencing platform -- which became a household name during the pandemic -- announced Tuesday it is laying off about 15 per cent of its staff. Zoom Video Communications chief executive Eric Yuan is also taking a 98 per cent cut in salary this year and forgoing his executive bonus, he said in …

Today's Cache | Zuckerberg's top lieutenant passes the baton
3 years, 2 months ago

Today's Cache | Zuckerberg's top lieutenant passes the baton

The Hindu  

Mark Zuckerberg’s company is looking to start a new chapter Videoconferencing app Zoom became a household name during the pandemic. As the world of video chatting apps changed, not only did Zoom’s app installs rise and plateau, the company’s share price surged and ebbed. The review by the interagency committee means the deal could get delayed, and that Zoom could …

Today's Cache | Zoom’s $14.7 bln deal
3 years, 2 months ago

Today's Cache | Zoom’s $14.7 bln deal

The Hindu  

A multi-billion-dollar deal is under review over China ties Videoconferencing app Zoom became a household name during the pandemic. As the world of video chatting apps changed, not only did Zoom’s app installs rise and plateau, the company’s share price surged and ebbed. The review by the interagency committee means the deal could get delayed, and that Zoom could get …

Eric Yuan: Zoom founder transfers shares worth $6bn
3 years, 9 months ago

Eric Yuan: Zoom founder transfers shares worth $6bn

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Eric S Yuan, the founder …

Zoom CEO Eric Yuan's Wealth Grows by $4.2 Billion After 'Blowout Quarter': Report
4 years, 3 months ago

Zoom CEO Eric Yuan's Wealth Grows by $4.2 Billion After 'Blowout Quarter': Report

News 18  

Video conferencing app Zoom Video Communications’ founder and chief executive officer Eric Yuan saw $4.2 billion added to his wealth in just a few hours as the company’s shares soared after another blowout quarter, according to a report by Bloomberg. The company’s shares surged by as much as 26 per cent on the back of a massive jump in its …

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