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E-commerce giant eBay to layoff 500 employees

E-commerce giant eBay has announced to lay off around 500 workers, about 4 per cent of its staff gl…

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Zoom to lay off around 1,300 employees, CEO Eric Yuan taking 98 per cent pay cut

"We have made the tough but necessary decision to reduce our team by approximately 15 per cent a…

ANI   


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Zoom beats Wall Street expectations in its first-quarter earnings. Here's how 8 insiders describe its whirlwind year.

Zoom experienced wild growth in 2020. Now, it faces new challenges and opportunities as it adapts t…

Paayal Zaveri   


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Zoom is releasing a new tool to let paid users charge for admission to online events like conferences or fitness classes

Zoom wants to support its new use cases like e-learning, conferences, and more while adding feature…

Paayal Zaveri   


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Zoom's stock soars as it reports blockbuster earnings with 355% revenue growth

Zoom once again beat Wall Street expectations, blowing past estimates and reporting 355% revenue gr…

Paayal Zaveri   


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Zoom will suspend direct sales in mainland China and only sell through partners, amid scrutiny over its ties to the country

This change comes as lawmakers and users have questioned Zoom's relationship with China over the la…

Paayal Zaveri   


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Zoom now plans to offer end-to-end encryption to free users, not just paying customers

Zoom had previously only planned to offer end-to-end encryption only to paying users. Now, it's com…

Paayal Zaveri   


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Zoom is acquiring startup Keybase to help it build end-to-end encryption as part of its 90-day plan to fix security flaws

Zoom is acquiring Keybase, a secure messaging and file sharing service, to help it build end-to-end…

Paayal Zaveri   


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3 mins read

The NYC Department of Education is reversing its ban on Zoom after the company addresses its security and privacy concerns

New York City teachers and students are once again allowed to use Zoom for online learning, after t…

Paayal Zaveri   


Paayal Zaveri   


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Zoom's CEO thanks Charlie Munger for embracing his product during the pandemic - and offers his personal tech support

Munger, Warren Buffett's 97-year-old business partner, loves the video-conferencing tool and expect…

Theron Mohamed   


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Zoom CEO Eric Yuan transferred 40% of his stock in the video-chat app in line with 'typical estate planning practices'

Yuan's transactions were recorded as two gifts of 9 million shares each, valued at about $6 billion…

Shalini Nagarajan   


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4 mins read

Zoom CEO Eric Yuan says any competitor using this moment to 'attack others' has a 'horrible culture,' as Cisco and Microsoft step up their rivalry

Both appeared to be a jab at the fact that Zoom has blamed some of its problems on the fact that it…

Paayal Zaveri   


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Meet Eric Yuan, the founder and CEO of Zoom, who has made over $12 billion since March and now ranks among the 400 richest people in America

Yuan is the founder of video conferencing app Zoom. Even before the outbreak of the coronavirus for…

Taylor Nicole Rogers   


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Zoom billionaire Eric Yuan made $5 billion in one day as the videoconference company reports record earnings

Zoom CEO Eric Yuan is now more than 360% richer than he was at the start of 2020, and is among the …

Taylor Nicole Rogers   


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2 mins read

Microsoft's Satya Nadella was rated the best CEO in the US by employees of color — here's who else in tech made the list

Comparably surveyed workers at 60,000 large and small companies in the US to find the top CEOs, acc…

Avery Hartmans   


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American billionaires have made an average of $42 billion a week throughout the pandemic

Tech billionaires such as Amazon's Jeff Bezos and Zoom's Eric Yuan profited the most during the cor…

Taylor Nicole Rogers   


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Zoom CEO says 90-day privacy pledge 'was just a first step'

San Francisco, July 2 (IANS) Zoom CEO Eric Yuan has announced to double down on the efforts to brin…

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American billionaires have gotten half a trillion richer during the pandemic, but the country's racial wealth gap has grown, too

The coronavirus crisis has been an economic disaster for most of America, as 42.6 million filed for…

Taylor Nicole Rogers   


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Zoom isn't beefing up security for free users so that it's better able to 'work with law enforcement'

Zoom has emerged as the new standard in video calling, but its free version comes with a major cave…

Ben Gilbert