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When the idea was rejected, Yuan left Cisco to establish his own company, Zoom Video Communications. In 2019, Zoom became a public company via an initial public offering, at which time Yuan became a billionaire. His wealth has increased during COVID-19 pandemic, as Zoom benefited from the shift to online work and teaching.
Shares of Zoom Video Communications Inc. have tumbled hard since peaking early in the pandemic, from $559 apiece in October 2020, to below $70 on Tuesday. Shares have slumped more than 10% to ...
Financials as of January 31, 2024. [update] [1] Zoom Video Communications, Inc. (commonly shortened to Zoom, and stylized as zoom) is a communications technology company headquartered in San Jose, California, United States. It provides videotelephony and online chat services through a cloud-based peer-to-peer software platform used for video ...
According to a Gallup poll in September 2021, 45% of full-time U.S. employees worked from home, including 25% who worked from home all of the time and 20% who worked from home part of the time. 91% of those who work remotely (fully or partially) hoped to continue to do so after the pandemic. Among all workers, 54% believed that their company's ...
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And, for the most part, we all have gotten better at video chatting and working from home. But better isn't perfect. While last year was replete with Zoom screwups, 2021 has seen far less failure.
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