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CNN Business When you think of a social network, you probably imagine news feeds, birthday reminders and baby photos. But the social network of the moment — the one that’s currently getting more app downloads than either Snapchat or TikTok — looks a little different: It’s a videoconferencing service called Zoom ZM , where many peoples’ work and social lives now unfold.

More Videos Coronavirus worries are giving Zoom a boost. Meet the researchers revolutionizing micro-scale robots for medical use. This new technology helps drones survive strong winds. Google’s Street View is 15 years old. See the new camera it’s rolling out. Why privacy experts are warning against using period-tracking apps. This mask makes breathing in virtual reality more realistic. See how Google’s new AR technology works. In , an IBM computer beat a chess world champion for the first time.

In , an iPod was sold every two seconds. See how CNN covered the phenomenon. Hear Elon Musk’s plans for Trump’s Twitter ban. Klarna CEO on why ‘buy now, pay later’ works. Facebook’s parent company has a brick and mortar store. See what’s inside. Bill Gates: Elon Musk ‘could make Twitter worse’. As the coronavirus pandemic has forced millions around the world to stay in their homes, the 9-year-old platform has emerged as the go-to service for not only virtual meetings and classroom lessons but happy hours , costume parties, church services , brunches, book clubs and romantic dates.

Like Facebook FB and Twitter TWTR , it’s also become a key part of internet culture: The Facebook Group ” Zoom Memes for Self Quarantines ,” with nearly , members, offers a steady stream of jokes, ranging from a video of a student pretending Zoom is glitchy to get out of a homework assignment to a professor starting a lesson with cameos from stuffed animals.

Zoom’s free version can support up to users at a time. From the start, Zoom aspired to stand out in a market of products that were probably more hated than loved. In a letter to shareholders included with its paperwork for going public a year ago, founder and CEO Eric Yuan talked about “how unhappy” people were with the videoconference tools on the market.

But that was before the pandemic. Now video conferencing tools have gone from the punchline of a dry office joke to a vital social lifeline — and perhaps none more so than Zoom. Zoom’s free version can host up video participants at once — Microsoft MSFT -owned Skype’s free model allows for 50 — and features personalized tools, including the ability to pick from different backgrounds whether it be the Golden Gate Bridge option or a picture you upload , change the camera angles, hold encrypted private calls, send direct messages and record sessions.

Read More. In recent weeks, Zoom has emerged as the most downloaded app on the Apple App Store, repeatedly breaking its download records. On Monday March 23, Zoom was downloaded 2. Two months prior, the app had just under 56, global downloads in a day. The company launched in when Yuan left Cisco as a founding engineer on its WebEx video platform, one of Zoom’s rivals. In April , Zoom went public and fared better than splashier tech companies such as Lyft and Uber, which held their IPOs around the same time.

Unlike Uber, Zoom is actually profitable. From the start of its life as a publicly traded company, investors seemed to buy into Yuan’s vision, as laid out his letter to shareholders: “video is the future of communications. Neighborhood social network Nextdoor is both a lifeline and a hub of anxiety.

There are downsides, however, to such rapid growth and the added attention that comes with it. Like more traditional social networks, Zoom now faces concerns about privacy and online harassment. Already, the phrase ” Zoombombing ” has emerged for when bored, quarantined trolls and hackers overtake public video chats by displaying graphic content or racist comments to cause a stir.

Chipotle, for example, confirmed to CNN Business that during its new public video chat series, Chiptole Together, a Zoom participant broadcasted pornography to all attendees. The company has since switched platforms. The incident was first reported by the New York Times. At the same time, Zoom must work to keep its service up and running amid surging demand for online communication tools and social networks that has strained far bigger platforms , including Facebook FB and its corporate sibling Instagram.

To handle this surge, Zoom spokesperson Farshad Hashmatulla told CNN Business it relies on its data centers in 17 global locations, routing both audio and video traffic to these sites. He said the company’s policy long before the health crisis has been to make sure it can support double its average daily peak of usage and have the ability to deploy tens of thousands of additional servers within hours if needed.

When Yuan, a son of mining engineers in China, left Cisco to launch a product that was easier to use and more customizable than competitors, another one of his key focuses was building a company culture around promoting “happiness. Li was impressed with Yuan’s vision to build a product around technical precision from the ground up. Dirty money: The case against using cash during the coronavirus outbreak.

Zoom now appears to be expanding its footing across industries quickly as the coronavirus pandemic continues. For example, the company is offering its services to K schools for no charge in various countries.

It also waived its monthly charge to all users in China. Zoom is far from the only video chat app experiencing rapid growth. Despite some technical bumps — for example, Microsoft’s chat and communications platform Teams experienced a major outage in Europe last week — these key players have managed the growth remarkably well.

But it is Zoom’s ability to meet the needs of people working remotely and serve as a fun tool for socializing that has heightened it to rockstar status. Eventually, analysts say it will need to add new features to encourage people to pay for the service. For now, companies are largely cautious to roll out new tools as their remote teams get comfortable at home and remain focused on making sure everything works.

 
 

Zoom’s massive ‘overnight success’ actually took nine years – CNN.Zoom Video Communications Inc. (ZM:US) | NGS Stock Price | TMX Money

 

In , an iPod was sold every two seconds. See how CNN covered the phenomenon. Hear Elon Musk’s plans for Trump’s Twitter ban. Klarna CEO on why ‘buy now, pay later’ works. Facebook’s parent company has a brick and mortar store. See what’s inside. Bill Gates: Elon Musk ‘could make Twitter worse’. As the coronavirus pandemic has forced millions around the world to stay in their homes, the 9-year-old platform has emerged as the go-to service for not only virtual meetings and classroom lessons but happy hours , costume parties, church services , brunches, book clubs and romantic dates.

Like Facebook FB and Twitter TWTR , it’s also become a key part of internet culture: The Facebook Group ” Zoom Memes for Self Quarantines ,” with nearly , members, offers a steady stream of jokes, ranging from a video of a student pretending Zoom is glitchy to get out of a homework assignment to a professor starting a lesson with cameos from stuffed animals.

Zoom’s free version can support up to users at a time. From the start, Zoom aspired to stand out in a market of products that were probably more hated than loved. In a letter to shareholders included with its paperwork for going public a year ago, founder and CEO Eric Yuan talked about “how unhappy” people were with the videoconference tools on the market. But that was before the pandemic. Now video conferencing tools have gone from the punchline of a dry office joke to a vital social lifeline — and perhaps none more so than Zoom.

Zoom’s free version can host up video participants at once — Microsoft MSFT -owned Skype’s free model allows for 50 — and features personalized tools, including the ability to pick from different backgrounds whether it be the Golden Gate Bridge option or a picture you upload , change the camera angles, hold encrypted private calls, send direct messages and record sessions.

Read More. In recent weeks, Zoom has emerged as the most downloaded app on the Apple App Store, repeatedly breaking its download records. On Monday March 23, Zoom was downloaded 2. Two months prior, the app had just under 56, global downloads in a day. The company launched in when Yuan left Cisco as a founding engineer on its WebEx video platform, one of Zoom’s rivals.

In April , Zoom went public and fared better than splashier tech companies such as Lyft and Uber, which held their IPOs around the same time. Unlike Uber, Zoom is actually profitable. From the start of its life as a publicly traded company, investors seemed to buy into Yuan’s vision, as laid out his letter to shareholders: “video is the future of communications. Neighborhood social network Nextdoor is both a lifeline and a hub of anxiety. There are downsides, however, to such rapid growth and the added attention that comes with it.

Like more traditional social networks, Zoom now faces concerns about privacy and online harassment. Already, the phrase ” Zoombombing ” has emerged for when bored, quarantined trolls and hackers overtake public video chats by displaying graphic content or racist comments to cause a stir. Chipotle, for example, confirmed to CNN Business that during its new public video chat series, Chiptole Together, a Zoom participant broadcasted pornography to all attendees. Fastly, welcome to the public markets.

We also caught up with its founder on IPO day, our notes from which can be found here. The ensuing selloff made dents on both coasts, as shares of Uber slipped after their IPO during their initial trading session. The following session they fell even further. The post-meat firm quickly tripled its value , making its sector hotter than a vegan burger on a grill.

However, as we wrote previously , the firm is trading dangerously high above its fundamentals? That gives it a That figure is slightly exaggerated by the fact that the company has low gross margins about 20 percent in , making its gross profit multiple more dramatic than you might presume from a flat revenue multiple. So expect this one to grow like hell, and keep its valuation, or see it repriced to something a bit saner. Either way, a big win for the meatless shop.

And its sector! This IPO was a bit quiet in terms of U. More from Crunchbase News here. The Pinterest IPO pricing was somewhat of a letdown for folks hoping that it would price up from its final private price.

So there, naysayers. Pinterest going public was the end of a very long saga, but one that closed on an up-note for the company. The dark horse of IPOs, Zoom stormed the media with its epic S-1, and then kicked butt after going public. At least initially, we cannot see the future. PagerDuty is unprofitable, but has incredibly high-value revenue recurring, high gross margin. That fact was likely helpful during its IPO process.

Read our look at its S-1 here , and the rest here. Beating Uber to the public market, Lyft had big growth, and towering losses to match. Its pricing run was strong, and the company priced at the top of its raised range. All things looked good. As of the time of writing, Lyft is worth only a billion dollars more than its final private price. Super League Gaming , an esports company, went public on Feb. We all know by now that Twitch and esports are big deals.

Why did its shares fall right out of the gate? Most companies stay private when they are this unprofitable. It will be interesting to see how the market values the small esports shop moving forward.

Stay up to date with recent funding rounds, acquisitions, and more with the Crunchbase Daily. Just like April, May saw only a half dozen firms invest in 10 or more announced deals—down from May We take a closer look at the most active Find the right companies, identify the right contacts, and connect with decision-makers with an all-in-one prospecting solution.

Alex Wilhelm alex. Sophia Kunthara SophiaKunthara. Tags IPO tech. You may also like. Learn More. Follow us on Twitter 28K Followers. Follow us on LinkedIn 4. Copy link.

 

Zoom Video Communications, Inc. (ZM) Stock Price, News, Quote & History – Yahoo Finance.Zoom Video Communications (ZM) Stock Price, News – TheStreet

 
Get the latest stock price for Zoom Video Communications Inc. (ZM:US), plus the latest news, recent trades, charting, insider activity, and analyst ratings. Zoom Video Communications, Inc. Class A ; Open. ; High. ; 52wk High. ; Volume. m ; Beta. Zoom Video Communications, Inc. is offering shares of our Class A common stock, and the selling stockholders are offering shares of Class A common stock.

 
 

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Categorized as zoom

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ZM Stock | News | ZOOM VIDEO COMMUNICATIONS Stock Price Today | Analyst Opinions | Markets Insider.

Looking for:

Zoom to Acquire Five9 – Zoom Video Communications, Inc..ZM history — Timeline of major events — TradingView

Click here to ENTER


 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 

CNN Business When you think of a social network, you probably imagine news feeds, birthday reminders and baby photos. But the social network of the moment — the one that’s currently getting more app downloads than either Snapchat or TikTok — looks a little different: It’s a videoconferencing service called Zoom ZM , where many peoples’ work and social lives now unfold.

More Videos Coronavirus worries are giving Zoom a boost. Meet the researchers revolutionizing micro-scale robots for medical use. This new technology helps drones survive strong winds. Google’s Street View is 15 years old. See the new camera it’s rolling out. Why privacy experts are warning against using period-tracking apps. This mask makes breathing in virtual reality more realistic. See how Google’s new AR technology works. In , an IBM computer beat a chess world champion for the first time.

In , an iPod was sold every two seconds. See how CNN covered the phenomenon. Hear Elon Musk’s plans for Trump’s Twitter ban. Klarna CEO on why ‘buy now, pay later’ works. Facebook’s parent company has a brick and mortar store. See what’s inside. Bill Gates: Elon Musk ‘could make Twitter worse’. As the coronavirus pandemic has forced millions around the world to stay in their homes, the 9-year-old platform has emerged as the go-to service for not only virtual meetings and classroom lessons but happy hours , costume parties, church services , brunches, book clubs and romantic dates.

Like Facebook FB and Twitter TWTR , it’s also become a key part of internet culture: The Facebook Group ” Zoom Memes for Self Quarantines ,” with nearly , members, offers a steady stream of jokes, ranging from a video of a student pretending Zoom is glitchy to get out of a homework assignment to a professor starting a lesson with cameos from stuffed animals.

Zoom’s free version can support up to users at a time. From the start, Zoom aspired to stand out in a market of products that were probably more hated than loved. In a letter to shareholders included with its paperwork for going public a year ago, founder and CEO Eric Yuan talked about “how unhappy” people were with the videoconference tools on the market.

But that was before the pandemic. Now video conferencing tools have gone from the punchline of a dry office joke to a vital social lifeline — and perhaps none more so than Zoom. Zoom’s free version can host up video participants at once — Microsoft MSFT -owned Skype’s free model allows for 50 — and features personalized tools, including the ability to pick from different backgrounds whether it be the Golden Gate Bridge option or a picture you upload , change the camera angles, hold encrypted private calls, send direct messages and record sessions.

Read More. In recent weeks, Zoom has emerged as the most downloaded app on the Apple App Store, repeatedly breaking its download records. On Monday March 23, Zoom was downloaded 2. Two months prior, the app had just under 56, global downloads in a day. The company launched in when Yuan left Cisco as a founding engineer on its WebEx video platform, one of Zoom’s rivals. In April , Zoom went public and fared better than splashier tech companies such as Lyft and Uber, which held their IPOs around the same time.

Unlike Uber, Zoom is actually profitable. From the start of its life as a publicly traded company, investors seemed to buy into Yuan’s vision, as laid out his letter to shareholders: “video is the future of communications. Neighborhood social network Nextdoor is both a lifeline and a hub of anxiety.

There are downsides, however, to such rapid growth and the added attention that comes with it. Like more traditional social networks, Zoom now faces concerns about privacy and online harassment. Already, the phrase ” Zoombombing ” has emerged for when bored, quarantined trolls and hackers overtake public video chats by displaying graphic content or racist comments to cause a stir.

Chipotle, for example, confirmed to CNN Business that during its new public video chat series, Chiptole Together, a Zoom participant broadcasted pornography to all attendees. The company has since switched platforms. The incident was first reported by the New York Times. At the same time, Zoom must work to keep its service up and running amid surging demand for online communication tools and social networks that has strained far bigger platforms , including Facebook FB and its corporate sibling Instagram.

To handle this surge, Zoom spokesperson Farshad Hashmatulla told CNN Business it relies on its data centers in 17 global locations, routing both audio and video traffic to these sites. He said the company’s policy long before the health crisis has been to make sure it can support double its average daily peak of usage and have the ability to deploy tens of thousands of additional servers within hours if needed.

When Yuan, a son of mining engineers in China, left Cisco to launch a product that was easier to use and more customizable than competitors, another one of his key focuses was building a company culture around promoting “happiness. Li was impressed with Yuan’s vision to build a product around technical precision from the ground up. Dirty money: The case against using cash during the coronavirus outbreak.

Zoom now appears to be expanding its footing across industries quickly as the coronavirus pandemic continues. For example, the company is offering its services to K schools for no charge in various countries.

It also waived its monthly charge to all users in China. Zoom is far from the only video chat app experiencing rapid growth. Despite some technical bumps — for example, Microsoft’s chat and communications platform Teams experienced a major outage in Europe last week — these key players have managed the growth remarkably well.

But it is Zoom’s ability to meet the needs of people working remotely and serve as a fun tool for socializing that has heightened it to rockstar status. Eventually, analysts say it will need to add new features to encourage people to pay for the service. For now, companies are largely cautious to roll out new tools as their remote teams get comfortable at home and remain focused on making sure everything works.

 
 

Zoom’s massive ‘overnight success’ actually took nine years – CNN.Zoom Video Communications Inc. (ZM:US) | NGS Stock Price | TMX Money

 

In , an iPod was sold every two seconds. See how CNN covered the phenomenon. Hear Elon Musk’s plans for Trump’s Twitter ban. Klarna CEO on why ‘buy now, pay later’ works. Facebook’s parent company has a brick and mortar store. See what’s inside. Bill Gates: Elon Musk ‘could make Twitter worse’. As the coronavirus pandemic has forced millions around the world to stay in their homes, the 9-year-old platform has emerged as the go-to service for not only virtual meetings and classroom lessons but happy hours , costume parties, church services , brunches, book clubs and romantic dates.

Like Facebook FB and Twitter TWTR , it’s also become a key part of internet culture: The Facebook Group ” Zoom Memes for Self Quarantines ,” with nearly , members, offers a steady stream of jokes, ranging from a video of a student pretending Zoom is glitchy to get out of a homework assignment to a professor starting a lesson with cameos from stuffed animals.

Zoom’s free version can support up to users at a time. From the start, Zoom aspired to stand out in a market of products that were probably more hated than loved. In a letter to shareholders included with its paperwork for going public a year ago, founder and CEO Eric Yuan talked about “how unhappy” people were with the videoconference tools on the market. But that was before the pandemic. Now video conferencing tools have gone from the punchline of a dry office joke to a vital social lifeline — and perhaps none more so than Zoom.

Zoom’s free version can host up video participants at once — Microsoft MSFT -owned Skype’s free model allows for 50 — and features personalized tools, including the ability to pick from different backgrounds whether it be the Golden Gate Bridge option or a picture you upload , change the camera angles, hold encrypted private calls, send direct messages and record sessions.

Read More. In recent weeks, Zoom has emerged as the most downloaded app on the Apple App Store, repeatedly breaking its download records. On Monday March 23, Zoom was downloaded 2. Two months prior, the app had just under 56, global downloads in a day. The company launched in when Yuan left Cisco as a founding engineer on its WebEx video platform, one of Zoom’s rivals.

In April , Zoom went public and fared better than splashier tech companies such as Lyft and Uber, which held their IPOs around the same time. Unlike Uber, Zoom is actually profitable. From the start of its life as a publicly traded company, investors seemed to buy into Yuan’s vision, as laid out his letter to shareholders: “video is the future of communications. Neighborhood social network Nextdoor is both a lifeline and a hub of anxiety. There are downsides, however, to such rapid growth and the added attention that comes with it.

Like more traditional social networks, Zoom now faces concerns about privacy and online harassment. Already, the phrase ” Zoombombing ” has emerged for when bored, quarantined trolls and hackers overtake public video chats by displaying graphic content or racist comments to cause a stir. Chipotle, for example, confirmed to CNN Business that during its new public video chat series, Chiptole Together, a Zoom participant broadcasted pornography to all attendees. Fastly, welcome to the public markets.

We also caught up with its founder on IPO day, our notes from which can be found here. The ensuing selloff made dents on both coasts, as shares of Uber slipped after their IPO during their initial trading session. The following session they fell even further. The post-meat firm quickly tripled its value , making its sector hotter than a vegan burger on a grill.

However, as we wrote previously , the firm is trading dangerously high above its fundamentals? That gives it a That figure is slightly exaggerated by the fact that the company has low gross margins about 20 percent in , making its gross profit multiple more dramatic than you might presume from a flat revenue multiple. So expect this one to grow like hell, and keep its valuation, or see it repriced to something a bit saner. Either way, a big win for the meatless shop.

And its sector! This IPO was a bit quiet in terms of U. More from Crunchbase News here. The Pinterest IPO pricing was somewhat of a letdown for folks hoping that it would price up from its final private price.

So there, naysayers. Pinterest going public was the end of a very long saga, but one that closed on an up-note for the company. The dark horse of IPOs, Zoom stormed the media with its epic S-1, and then kicked butt after going public. At least initially, we cannot see the future. PagerDuty is unprofitable, but has incredibly high-value revenue recurring, high gross margin. That fact was likely helpful during its IPO process.

Read our look at its S-1 here , and the rest here. Beating Uber to the public market, Lyft had big growth, and towering losses to match. Its pricing run was strong, and the company priced at the top of its raised range. All things looked good. As of the time of writing, Lyft is worth only a billion dollars more than its final private price. Super League Gaming , an esports company, went public on Feb. We all know by now that Twitch and esports are big deals.

Why did its shares fall right out of the gate? Most companies stay private when they are this unprofitable. It will be interesting to see how the market values the small esports shop moving forward.

Stay up to date with recent funding rounds, acquisitions, and more with the Crunchbase Daily. Just like April, May saw only a half dozen firms invest in 10 or more announced deals—down from May We take a closer look at the most active Find the right companies, identify the right contacts, and connect with decision-makers with an all-in-one prospecting solution.

Alex Wilhelm alex. Sophia Kunthara SophiaKunthara. Tags IPO tech. You may also like. Learn More. Follow us on Twitter 28K Followers. Follow us on LinkedIn 4. Copy link.

 

Zoom Video Communications, Inc. (ZM) Stock Price, News, Quote & History – Yahoo Finance.Zoom Video Communications (ZM) Stock Price, News – TheStreet

 
Get the latest stock price for Zoom Video Communications Inc. (ZM:US), plus the latest news, recent trades, charting, insider activity, and analyst ratings. Zoom Video Communications, Inc. Class A ; Open. ; High. ; 52wk High. ; Volume. m ; Beta. Zoom Video Communications, Inc. is offering shares of our Class A common stock, and the selling stockholders are offering shares of Class A common stock.

 
 

Published
Categorized as zoom

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