NEW YORK, United States (AFP) — The CEO who last week laid off 900 employees in a single Zoom call has apologized after he attracted sharp criticism when the video was posted on social media. Vishal Garg, head of online mortgage originator Better.com, convened employees over the video streaming platform and told them “if you are on this call, you are part of the unlucky group being laid off,” according to a video posted online. […]
Tag: Zoom
Zoom earnings strong at close of pandemic-plagued year
SAN FRANCISCO, United States (AFP) — The Zoom video conferencing platform on Monday reported a strong finish to its fiscal year as revenue and use soared due to the pandemic. The quarterly earnings report came with a forecast by the company that it will grow some 40 percent in the current year despite the likelihood that vaccines will make remote work and school less of a necessity. Zoom video conferences have become a centerpiece of […]
Microsoft, Zoom join pause on Hong Kong data requests
SAN FRANCISCO, United States (AFP) — Microsoft and Zoom on Tuesday joined other major internet firms that have stopped considering requests by Hong Kong’s government for information on users in the wake of China’s imposition of a sweeping new security law. Microsoft and Zoom said they are pausing consideration of data requests by officials or police in Hong Kong, a precaution also taken by Facebook, Google and Twitter. “As we would with any new legislation, […]
Zoom earnings soar as video meets become pandemic norm
SAN FRANCISCO, United States (AFP ) — Zoom on Tuesday reported that its earnings soared as its video-meeting service became a popular way to work or socialize while hunkered down due to the pandemic. Zoom said it made a profit of $27 million on revenue that leapt 169 percent to slightly more than $328 million in the first three months of this year. In the first quarter last year, Zoom reported zero dollars per share […]
Google makes its video meeting service free to all
SAN FRANCISCO, United States (AFP) — Google on Tuesday made its business videoconferencing service free to all users, ramping up competition for Zoom as people flock online to stay connected during the pandemic. Google Meet had previously been reserved for subscribers to the premium G Suite software tools for businesses. Meet will be available “to all users around the world, to enable people all walks of life to communicate collaborate and really stay in touch […]
Singapore teachers drop Zoom after online class gatecrashed
SINGAPORE (AFP) — Singapore’s teachers have stopped using controversial video-conferencing app Zoom for remote education during the coronavirus lockdown, officials said Friday, after intruders reportedly made lewd comments in a virtual class. The city-state’s schools were closed this week as part of tough curbs to tackle a worsening virus outbreak, but students are still being taught via so-called “home-based learning”. During a geography lesson involving teenage girls conducted on Zoom, two men intruded into […]





