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25 mentions found


☆ Canva hires former Zoom CFO Kelly Steckelberg to run finance ahead of expected IPO
  + stars: | 2024-11-18 | by ( Jordan Novet | ) www.cnbc.com   time to read: +2 min
Founded in 2013, Canva was valued recently at $32 billion, a drop from its peak of $40 billion in 2021. Canva is generating about $2.5 billion in annualized revenue and boasts 220 million monthly users. Steckelberg held financial positions at Cisco and was CEO of online dating company Zoosk before joining Zoom in 2017. Steckelberg announced her departure from Zoom in August after seven years at the company. Canva's previous finance chief Damien Singh resigned in February after the company said it was conducting an internal investigation surrounding inappropriate behavior.
Persons: Kelly Steckelberg, John Ritter, Canva, Klarna, Zoom, Steckelberg, Michelle Chang, Damien Singh Organizations: John, John Ritter Foundation, Relics, Adobe, Nasdaq, U.S . Securities, Exchange Commission, Cisco, Zoom Locations: Van Nuys , California, Austin , Texas, Sydney, Australia
☆ Abnormal Security, valued at $5.1 billion amid email security push, eyes eventual IPO
  + stars: | 2024-08-06 | by ( Riley De León | ) www.cnbc.com   time to read: +3 min
The cybersecurity software contender has more than 2,400 customers, including Maersk, Xerox and Mattel — in all, some 17% of the Fortune 500, according to the company. Cybersecurity company Abnormal Security said Tuesday it has raised $250 million in a Series D funding round that values the firm at $5.1 billion. With Microsoft surpassing $20 billion in cybersecurity revenue last year, competition has picked up among cybersecurity sector incumbents Cloudflare, Zscaler and Palo Alto Networks. Additionally, CrowdStrike veteran James Yeager was recently hired to head up public sector sales, an area that the email security vendor is targeting for growth. In March, Abnormal hired CFO Smita Sanadhya, a former executive at Microsoft Hong Kong and HP as well as startup Okta, which she helped to scale to a $2 billion public company.
Persons: Evan Reiser, Cloudflare, Reiser, Michael DeCesare, James Yeager, Smita Sanadhya, Jeff True Organizations: Twitter, Maersk, Xerox, Mattel, Fortune, Wellington Management, Greylock Partners, Menlo Ventures, Insight Partners, Security, Microsoft, Palo Alto Networks, Software, Cloudflare, CNBC, Forescout Technology, Microsoft Hong Kong, HP, Abnormal Locations: Zscaler, Palo, Exabeam
☆ Even Zoom's ex-CMO is tired of non-stop video meetings. Here's her take on how remote work needs to change.
  + stars: | 2024-08-02 | by ( Charissa Cheong | ) www.businessinsider.com   time to read: +5 min
It's emblematic of our flexible post-pandemic world, which has allowed remote working arrangements to thrive. Moving forward, the former Zoom CMO believes that developing in-person relationships and a strong company culture can support the effectiveness of remote work. Pelosi said online meetings are more structured than a coffee chat or desk-side discussions in the office. AdvertisementBecause the video meetings are transactional and set up for a specific purpose, they're dealt with swiftly. This could help drive company culture and strengthen relationships in a world overcrowded with online meetings.
Persons: —, Janine Pelosi, Pelosi, she's, it's Organizations: Service, Neat, Business, Zoom CMO, BI, Technology Locations: California, Oslo, Norway
☆ Big Silly Trivia Game Is Helping Women Make Friends, Combat Loneliness
  + stars: | 2024-06-25 | by ( Lauren Johnson | ) www.businessinsider.com   time to read: +5 min
The game, called The Big Silly Trivia Game, is one of a new set of groups and activities aimed at helping millennials and Gen Z make friends during the loneliness epidemic. While other trivia games like now-defunct HQ Trivia have used live mobile games to draw viewers, The Big Silly Trivia Game wants to fill a hole of questions geared to young women's interests, including nostalgia. While The Big Silly Trivia Game is virtual, Shine has focused on ways to connect people during it. Creators on a Saie Beauty brand trip played a game of The Big Silly Trivia Game The Big Silly Trivia GameShine also recently hosted a game during an event that beauty brand Saie Beauty held in New York's Catskills area. The Big Silly Trivia Game is also getting into real-life events.
Persons: —, Natalie Shine, Shine, Z, Rocky's Matcha, Emmett Shine, Korula, Jess Butler, Hayes Flanagan, they're, what's, Merv Griffin, Carrie Bradshaw, she's Organizations: Service, Business, Shine, Netflix, Instagram, Brands, Soft Services Locations: millennials, New York's, New York
☆ Why you should be excited about getting an AI clone, according to Zoom's CEO
  + stars: | 2024-06-04 | by ( Ana Altchek | ) www.businessinsider.com   time to read: +1 min
Zoom CEO Eric Yuan wants to leverage AI for "digital twins" that can attend meetings. Yuan said AI avatars can eventually handle everyday tasks, shortening workweeks to three or four days. The CEO predicted the tech will cut down on 90% of work, but won't replace in-person interactions. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementZoom's CEO Eric Yuan is ready for a world where your AI clone handles your busy work — and he painted a picture of a life that sounds pretty relaxing.
Persons: Eric Yuan, Yuan, — Organizations: Service, Business
☆ Stocks making the biggest moves premarket: EBay, Tesla, Taiwan Semiconductor, Alaska Air and more
  + stars: | 2024-04-18 | by ( Hakyung Kim | ) www.cnbc.com   time to read: +3 min
Taiwan Semiconductor Manufacturing — U.S.-traded shares of the Taiwanese chipmaker fell 2.4% despite beating revenue and profit expectations in the first quarter. Blackstone — The asset manager slipped 2.2% after lowering its dividend to 83 cents per share from 94 cents per share. EBay — Shares of the e-commerce stock rose nearly 4% following a double upgrade at Morgan Stanley to overweight from underweight. Etsy — The e-commerce stock slumped nearly 5% following a downgrade by Morgan Stanley to underweight from equal weight. Match Group — Shares slipped nearly 2% after Morgan Stanley downgraded shares to equal weight from overweight.
Persons: D.R, Horton —, Horton, LSEG, Blackstone, Morgan Stanley, Etsy, Alex Harring, Sarah Min, Jesse Pound, Fred Imbert Organizations: Taiwan Semiconductor Manufacturing, Deutsche Bank, Alaska Air —, Revenue, Alcoa, EBay, Communications, Rosenblatt Securities Locations: Taiwan, LSEG
☆ Stocks making the biggest moves midday: Duolingo, JetBlue, Tesla, D.R. Horton and more
  + stars: | 2024-04-18 | by ( Pia Singh | ) www.cnbc.com   time to read: +4 min
JetBlue Airways — Shares jumped 4.1% after JPMorgan upgraded the airline to neutral from underperform, saying it likes its turnaround potential. Barnes Group — The global industrial tech and aerospace stock jumped 9.3% after DA Davidson upgraded the company to buy from neutral, saying shares are attractive. Blackstone — The asset manager slipped 2.3% after lowering its dividend to 83 cents per share from 94 cents per share. Horton exceeded expectations in its fiscal second quarter, posting earnings of $3.52 per share on revenue of $9.11 billion. Elevance Health — Shares jumped 3.2% after the health insurance company posted an earnings beat and raised its full-year guidance.
Persons: Estee Lauder, Tesla, Emmanuel Rosner, Rosner, Davidson, Blackstone, Horton —, Horton, LSEG, Morgan Stanley, Donald Trump's, —, Samantha Subin, Brian Evans, Hakyung Kim, Lisa Kailai Han Organizations: JPMorgan, Taiwan Semiconductor Manufacturing, JetBlue Airways —, Iris Energy, Deutsche Bank, Google, Meta, Reuters, Group, Alaska Air Group, Revenue, BJ's Wholesale, eBay, — Rosenblatt Securities, Trump Media & Technology, Truth Social Locations: Taiwan, Alaska
☆ Zoom and Salesforce stand to benefit from Microsoft's unbundling of Teams and Office
  + stars: | 2024-04-01 | by ( Jordan Novet | ) www.cnbc.com   time to read: +4 min
Microsoft's rivals won a reprieve on Monday, when the software giant said it would split up its Teams and Office bundles following scrutiny from European regulators. Analysts at Mizuho Securities wrote in a note on Monday that "while customers believe Zoom is a superior platform vs. Teams" and other vendors, "the bundling of MS Teams to Office 365 has always been enticing for customers to consider Teams." Last year, Microsoft generated almost $53 billion in revenue from Office, including Teams, up about 14% from 2022. Months later, the European Commission disclosed a probe into Microsoft's Teams and Office bundling.
Persons: Microsoft Corporation Satya Nadella, Slack, Satya Nadella, Salesforce, David Schellhase, Slack's, Stewart Butterfield Organizations: Microsoft Corporation, Economic, Salesforce, European Commission, Mizuho Securities, Mizuho, Microsoft, Financial Times, European Union, Microsoft's, CNBC, European Locations: Davos, Switzerland, Europe
☆ Zoom CFO explains how the company serves remote and in-person workers
  + stars: | 2024-02-27 | by ( Julie Coleman | ) www.cnbc.com   time to read: +1 min
Zoom CFO Kelly Steckelberg told CNBC's Jim Cramer on Tuesday that the company is not just a video conferencing platform, saying it has successfully broadened its offerings. The great thing is that Zoom has tools to support them no matter where they are in that work journey." A staple for many during the pandemic, Zoom suffered as more people returned to offices and in-person events. Zoom CEO Eric Yuan lauded the success of the product during the company's conference call, saying it's "broadening the funnel into the Zoom platform." Steckelberg knocked Zoom's primary competitor, Microsoft , suggesting that some may be involuntarily shepherded into using the tech giant's Teams program.
Persons: Kelly Steckelberg, CNBC's Jim Cramer, they've, Steckelberg, Eric Yuan, we're Organizations: Broadcom, Diageo, Contact, Microsoft
☆ Zoom is cutting about 150 jobs, or close to 2% of its workforce
  + stars: | 2024-02-01 | by ( Ashley Capoot | In | ) www.cnbc.com   time to read: +2 min
Zoom CEO Eric Yuan speaks at the Dropbox Work In Progress Conference in San Francisco on Sept. 25, 2019. Zoom is cutting about 150 jobs, CNBC confirmed on Thursday, the latest tech company to slash headcount this year as investors continue to push for efficiency. A Zoom spokesperson confirmed the cuts amount to less than 2% of the company's workforce. In addition to Zoom, cloud software vendor Okta announced a downsizing on Thursday, telling employees that it's laying off 400 staffers, or about 7% of its workforce. Zoom shares are down about 10% this year and have dropped almost 90% from their record high in October 2020.
Persons: Eric Yuan, Zoom Organizations: Conference, CNBC, Bloomberg, Microsoft, Google, MGM Studios, Okta Locations: San Francisco, layoffs.fyi
☆ Cloud-based software provider Five9 considers options for sale - Bloomberg News
  + stars: | 2023-12-04 | by ( ) www.reuters.com   time to read: +1 min
Dec 4 (Reuters) - Call center software firm Five9 (FIVN.O) is weighing options for a sale, more than two years after a buyout by Zoom Video Communications (ZM.O) failed, Bloomberg News reported on Monday, citing people familiar with the matter. Five9 declined to comment while Zoom did not immediately respond to a Reuters request for comment. Deliberations were ongoing and there is no certainty they will result in a sale, the report added. Virtual meeting company Zoom abandoned its $14.7 billion acquisition of the company in October 2021 after Five9's shareholders voted against the deal. What would have been Zoom's biggest acquisition ever was terminated after proxy advisory firms Institutional Shareholder Services (ISS) and Glass Lewis had cited growth concerns and advised Five9 shareholders against the deal.
Persons: Five9, Glass Lewis, Arsheeya, Shinjini Ganguli, Maju Samuel Organizations: Zoom Video Communications, Bloomberg, Services, Thomson Locations: Bengaluru
☆ Zoom lifts annual results forecast as AI features boost demand
  + stars: | 2023-11-20 | by ( Samrhitha A | ) www.reuters.com   time to read: +2 min
Zoom now expects annual adjusted profit per share between $4.93 and $4.95, higher than its prior forecast of $4.63 and $4.67. The company lifted its full-year revenue forecast to between $4.506 billion and $4.511 billion, from $4.485 billion to $4.495 billion earlier. The company's quarterly free cash flow grew 66.2% to $453.2 million, and Zoom expects $1.34 billion to $1.35 billion for the full year. The Phone segment grew to roughly 7 million paid seats while Contact Center reached about 700 customers as of quarter-end. For the third quarter, revenue grew 3.2% to $1.14 billion, slightly above estimates.
Persons: Dado Ruvic, Webex, Eric Yuan, Rishi Jaluria, Samrhitha, Devika Organizations: REUTERS, Communications, RBC, Contact, Thomson Locations: Bengaluru
☆ Zoom boomed during the pandemic, but the return-to-work drive means it's ready for a radical change
  + stars: | 2023-11-12 | by ( Beatrice Nolan | ) www.businessinsider.com   time to read: +3 min
But as people return to the office, Zoom needs to branch out from virtual meetings, its key feature. To adapt to a hybrid world, Zoom is ready for a radical change, an exec says. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . For companies like video-communication platform Zoom, the transition means a drastic change to adapt to a new world of work, says its EMEA chief Frederik Maris. In August, the company said employees living within 50 miles of a Zoom office must go in at least two days a week.
Persons: —, Frederik Maris, Maris, Zoom Organizations: Service, Microsoft, Microsoft's Viva
☆ Russia fines Zoom $1.18 mln for operating without local office -RIA
  + stars: | 2023-10-17 | by ( ) www.reuters.com   time to read: +1 min
The Zoom Video Communications logo is pictured at the NASDAQ MarketSite in New York, New York, U.S., April 18, 2019. REUTERS/Carlo Allegri/File Photo Acquire Licensing RightsMOSCOW, Oct 17 (Reuters) - A Russian court on Tuesday fined Zoom Video Communications (ZM.O) 115 million roubles ($1.18 million) for operating without opening a local office, the RIA news agency reported. RIA cited judge Timur Vakhrameyev as saying the fine had been set at a 10th of Zoom's 2022 revenues in Russia. Zoom was fined 15 million roubles last week in what a court said was a repeated failure to store data that it held on Russian citizens on a server in Russia. Other companies, such as Alphabet's (GOOGL.O) Google and Apple (AAPL.O), have been fined heavily in Russia in the last few years.
Persons: Carlo Allegri, RIA, Timur Vakhrameyev, Zoom, Alexander Marrow, Kevin Liffey Organizations: NASDAQ, REUTERS, Rights, Video Communications, Google, Apple, Meta, Facebook, Reuters, Thomson Locations: New York , New York, U.S, Moscow, Russia, Ukraine
☆ AI is overhyped, Warren Buffett's right-hand man Charlie Munger says
  + stars: | 2023-10-10 | by ( Sawdah Bhaimiya | ) www.businessinsider.com   time to read: +2 min
Berkshire Hathaway's vice chairman Charlie Munger is skeptical of the sudden hype around AI. AdvertisementAdvertisementWarren Buffett's right-hand man Charlie Munger is an AI skeptic and is not sold on the hype surrounding it, Fortune reported Friday . 99-year-old Munger, vice chairman of Berkshire Hathaway since 1978, spoke at Zoom's Zoomtopia conference on Thursday and said that AI is essentially overhyped. "I think it's getting a huge amount of hype," Munger said, per Fortune. Munger expressed similar sentiments about AI at his newspaper the Daily Journal's annual meeting earlier this year.
Persons: Charlie Munger, —, Warren Buffett's, Fortune, Munger, We've, we've, OpenAI, ChatGPT, It's, Buffett Organizations: Berkshire Hathaway's, Service, Berkshire Hathaway, Daily, Daily Journal, Berkshire
☆ Billionaire CEOs said working from home made them happier. Some now want to fire workers who don't show up to the office.
  + stars: | 2023-08-28 | by ( Polly Thompson | ) www.businessinsider.com   time to read: +14 min
AdvertisementAdvertisementThe Meta CEO told staff they could expect him to spend half of the next year working remotely. True to his word, in his first week Musk banned remote work in a 2:30 a.m email to Twitter staff. Still: Unlike some of the other wealthy CEOs on this list, Eric Yuan has always been a little skeptical of permanent remote work. Roy RochlinSalesforce CEO Marc Benioff was initially outspoken in his support for remote working. Joining the growing list of CEOs that say remote work is not conducive to productivity, Salesforce revised its work-from-anywhere strategy.
Persons: Mark Zuckerberg, Goldman Sachs, Prithwiraj Choudhury, Zuckerberg, Meta, I've, Erin Scott, Skip, Insider's Kali Hays, Hugh Langley, Evan Spiegel, Miranda Kerr, Pierre Mouton, Stringer, Spiegel, I'm, ERIC PIERMONT, Kali Hays, Jack Dorsey, PRAKASH SINGH, lockdowns, Dorsey, Elon Musk, Musk, Zoe Schiffer, hasn't, Eric Yuan, Kena, Zoom, Kelly Steckelberg, Yuan, Marc Benioff, Roy Rochlin, Salesforce, Benioff, Justin Sullivan, Kara Swisher Organizations: Service, Meta, Harvard Business School, Wall Street, Staff, CNBC, Getty, Twitter, San, New, Elon, San Francisco, Bloomberg, Zoom, Workers, MarketWatch, Smith, Yahoo Finance, Insider Locations: Wall, Silicon, San Francisco, Singapore, Silicon Valley , California
☆ Zoom execs claim its new workplace product is winning sales away from Microsoft's 'clunky' competitor in leaked video
  + stars: | 2023-08-24 | by ( Ashley Stewart | ) www.businessinsider.com   time to read: +3 min
Zoom execs told employees Workvivo wins 80% of sales versus Microsoft's "clunky" competitor, Viva. Zoom earlier this year acquired the Irish employee engagement platform Workvivo founded in 2017. Microsoft introduced its own, similarly named Viva employee engagement platform in 2021 and earlier this year updated it to include its employee message board Yammer, now called Viva Engage. Workvivo Head of Sales DJ Cahill told employees that when Zoom's product is competing with Microsoft Viva, Workvivo wins 70% to 80% of those sales. Employee engagement software is a relatively young market that combines workplace chat tools with areas for corporate news, employee goal tracking, employee directories and the like.
Persons: Zoom execs, Workvivo, DJ Cahill, Cahill, Eric Yuan, execs, —, Yuan, Ashley Stewart Organizations: Microsoft, Viva Engage, Microsoft Viva
☆ Zoom CEO told employees culture is the company's No. 1 problem and gave his blessing to anyone who wants to leave
  + stars: | 2023-08-23 | by ( Ashley Stewart | ) www.businessinsider.com   time to read: +4 min
He told employees that company culture was Zoom's top issue. He asked employees to "care about our business" as Zoom looks for new ways to jumpstart growth. Zoom CEO Eric Yuan told employees during a recent all-hands meeting that culture is the company's No. 1 problem and wished all the best to anyone who wants to leave, according to a recording viewed by Insider. 1 problem we are facing is company culture," Yuan said, noting many big and successful companies have similar problems.
Persons: Eric Yuan, Yuan, Morgan Stanley's Meta Marshall
☆ CNBC Daily Open: Rising yields can’t dampen excitement over Nvidia
  + stars: | 2023-08-22 | by ( Yeo Boon Ping | ) www.cnbc.com   time to read: +2 min
This report is from today's CNBC Daily Open, our new, international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Tech rallied amid rising yieldsThe Nasdaq Composite rallied Monday, breaking a four-day losing streak, even as the 10-year U.S. Treasury yield hit 4.342%, a decades-long high. Nasdaq listing for ArmArm filed for a Nasdaq listing Monday. CNBC Pro's Bob Pisani gives two reasons why investors are still calm — and one why they should perhaps start worrying.
Persons: Softbank, aren't, Bob Pisani Organizations: Nvidia, Entertainment, CNBC, Tech, Nasdaq, Treasury, Dow Jones, New, Federal, aren't panicking Locations: China, Shanghai
☆ Stocks making the biggest moves premarket: Dick's Sporting Goods, Fabrinet, Macy's, AppLovin and more
  + stars: | 2023-08-22 | by ( Sarah Min | ) www.cnbc.com   time to read: +3 min
The advanced manufacturing services company posted non-GAAP earnings of $1.86 per share, greater than the $1.80 earnings per share expected by analysts polled by FactSet. The company reported per-share earnings of 26 cents, greater than the 14 cents earnings per share consensus estimate from FactSet. It guided for revenue from $4.75 billion to 4.85 billion, lower than the $4.86 billion expected by analysts. The home improvement company reported $4.56 earnings per share, greater than the $4.47 expected by analysts polled by FactSet. Zoom's earnings guidance for the third quarter and the full year also topped expectations.
Persons: Fabrinet, Jefferies, Nordson, Macy's, Lowe's, Marvin Ellison, — CNBC's Michelle Fox, Alex Harring, Jesse Pound Organizations: FactSet . Revenue, Dick's, Refinitiv, FactSet, Revenue, Emerson, JPMorgan Locations: Revenue, FactSet
☆ Leaked Zoom all-hands: CEO says employees must return to offices because they can't be as innovative or get to know each other on Zoom
  + stars: | 2023-08-22 | by ( Ashley Stewart | ) www.businessinsider.com   time to read: +2 min
Earlier this month, Zoom told employees it would send some workers back to the office regularly. Zoom CEO Eric Yuan said remote work didn't allow people to build as much trust or be as innovative. Zoom, one of the main enablers and beneficiaries of remote work, told employees living within 50 miles of a Zoom office that they must work there at least two days a week. "Over the past several years, we've hired so many new 'Zoomies' that it's really hard to build trust." Meta this week told employees some might lose their jobs if they didn't show up at least three days a week.
Persons: Zoom, Eric Yuan, Yuan, we've, Zoom's Organizations: Amazon
☆ M&A is a strong possibility for Zoom, it needs to acquire new technologies, says CFRA's Keith Snyder
  + stars: | 2023-08-21 | by ( ) www.cnbc.com   time to read: 1 min
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailM&A is a strong possibility for Zoom, it needs to acquire new technologies, says CFRA's Keith SnyderKeith Snyder, CFRA Analyst, joins 'Closing Bell Overtime' to talk Zoom's quarterly earnings results and what's ahead for the company.
Persons: CFRA's Keith Snyder Keith Snyder
☆ Zoom beats expectations and lifts full-year guidance on enterprise business strength
  + stars: | 2023-08-21 | by ( Jordan Novet | ) www.cnbc.com   time to read: +4 min
Here's how the company did:Earnings: $1.34 per share, adjusted, vs. $1.05 per share as expected by analysts, according to Refinitiv. $1.34 per share, adjusted, vs. $1.05 per share as expected by analysts, according to Refinitiv. Zoom's revenue grew 3.6% year over year in the quarter that ended on July 31, according to a statement. Three months ago Zoom said it was looking for $4.25 to $4.31 in adjusted earnings per share and $4.465 billion to $4.485 billion in revenue. Analysts polled by Refinitiv had predicted that Zoom would produce $4.30 in adjusted earnings per share and $4.49 billion in revenue.
Persons: Eric Yuan, Covid, Refinitiv, Kelly Steckelberg, Steckelberg Organizations: Nasdaq, Management Locations: New York, Refinitiv
☆ Zoom says it won't use your calls to train AI 'without your consent' after its terms of service sparked backlash and prompted people to talk about ditching the service
  + stars: | 2023-08-09 | by ( Sarah Jackson | Aaron Mok | ) www.businessinsider.com   time to read: +4 min
Zoom angered users after its terms of service suggested it could use calls to train AI. Zoom also says it won't use the content of calls to train its AI models "without your consent." On August 6, the tech news blog Stack Diary pointed out the section of Zoom's terms of service. But as Stack Diary points out, the clarification may not fully protect your calls, based on the specific language in Zoom's terms of service. The clarifications in Zoom's terms of service come as members of the public have expressed outrage over their data being used to train AI.
Persons: Gabriella Coleman, Brianna Wu, Smita Hashim, Aparna Bawa, Sean Hogle, — includingSuzanne Collins, Margaret Atwood, — Organizations: Harvard, Hacker, Hacker News
☆ Zoom can now train its A.I. using some customer data, according to updated terms
  + stars: | 2023-08-07 | by ( Hayden Field | ) www.cnbc.com   time to read: +3 min
Zoom wants to train its artificial intelligence models using some of your data, according to recently updated terms of service. The update, effective as of July 27, establishes Zoom's right to utilize some aspects of customer data for training and tuning its AI, or machine learning models. Customer content such as messages, files and documents do not seem to be included in this category. But when a user does enable these features, Zoom has them sign a consent form allowing Zoom to train its AI models using their individual customer content. A Zoom spokesperson said in a statement that "Zoom customers decide whether to enable generative AI features, and separately whether to share customer content with Zoom for product improvement purposes."
Persons: it's, Google's Bard, Microsoft's Bing, Zoom
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