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Tag: Zoom

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Zoom raises profit forecast amid strong hybrid work demand

Zoom Video Communications raised its fiscal 2025 revenue and adjusted profit forecast on Monday, citing robust demand for its online video conferencing software as companies increasingly adopt hybrid working models. The company also announced a $1.2 billion expansion of its share repurchase program. Despite a positive earnings outlook, Zoom’s shares dipped approximately 3% in after-hours […]

Tech

Zoom launches AI-powered word processor, Zoom docs

Zoom has officially unveiled Zoom Docs, its new AI-powered word processor, further expanding its presence in the office software market. Zoom Docs is integrated with the company’s Zoom AI Companion, designed to enhance collaboration within Zoom’s video conferencing platform. The AI Companion enables features such as generating meeting summaries, creating reports, and drafting action lists. […]

Russia fines Zoom $1.18m for operating without office
News Tech

Russia fines Zoom $1.18m for operating without office

A Russian court fined Zoom Video Communications 115 million roubles ($1.18 million) on Tuesday for operating without setting up a local office, the RIA news agency reported. Moscow and global technology businesses have been at odds over content, censorship, data, and local representation in a long-running confrontation that erupted in February 2022 after Russia pushed […]

News Tech

Zoom upgrades AI-powdered services

Videoconferencing platform Zoom has updated and rebranded its AI-powered services, including the generative AI assistant formerly known as Zoom IQ. The information follows an uproar over updates to Zoom’s terms of service, which suggested that Zoom reserved the ability to train its AI tools and models using client videos. Zoom updated its policy to specifically […]

Russia fines Zoom $1.18m for operating without office
Business

Zoom staff to resume office twice a week

For the first time since the COVID-19 epidemic started, Zoom, the company that helped start the remote work revolution during the pandemic, is asking its employees to report to work. CNN reported that the firm noted in a statement that Zoom is now adopting a “structured hybrid approach,” which requires employees who live close to an […]