Zoom Video Communications Inc

Zoom’s stock jumps 13% on strong results, guidance amid AI push

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Zoom’s stock jumps 13% on strong results, guidance amid AI push

Published: Feb. 26, 2024 at 4:16 p.m. ET Zoom Video Communications Inc.’s stock surged in extended trading Monday, after the videoconferencing company topped expectations across the board with its financial results and forecasts. The company also authorized a $1.5 billion buyback. Zoom ZM reported fiscal fourth-quarter net income of $298.8 million, or 95 cents cents a share, …

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AI might be reading your Slack, Teams messages using tech from Aware

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AI might be reading your Slack, Teams messages using tech from Aware

Huge U.S. employers such as Walmart, Delta Air Lines, T-Mobile, Chevron and Starbucks, as well as European brands including Nestle and AstraZeneca, have turned to a seven-year-old startup, Aware, to monitor chatter among their rank and file, according to the company. Jeff Schumann, co-founder and CEO of the Columbus, Ohio-based startup, says the AI helps …

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