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The Latest Breaking News from Eric Yuan

Exclusive: Emergence Capital raises $1 billion seventh fund

Emergence Capital has closed its oversubscribed seventh fund at $1 billion, Fortune can exclusively report.

Fortune

Zoom reveals major rebrand — dropping video as it goes all-in on AI

Zoom wants to distance itself from video calls only as it seeks to get a slice of the office software market.

TechRadar

Zoom upgrades AI companion, and wants to create super-detailed virtual avatars for your meetings

Zoom announces AI Companion 2.0 with a new avatar add-on.

TechRadar

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Zoom CEO Eric Yuan says company’s future isn’t video, it’s AI for work

In an exclusive interview with Fortune, Eric Yuan said Zoom is “way more than just meeting conferencing.”

Fortune

Zoom is scaling back worker stock grants

Employees might not get as much access to stock in the tech industry any more due to dilution worries.

TechRadar

Zoom AI Companion Efforts Fuel Earnings Beat, Stock Surge

Zoom stock is rallying after the company reported solid earnings thanks to demand for its AI-powered collaboration tools. Here's what you need to know.

Kiplinger

AI avatars may soon be attending meetings for us and that sure feels like a slippery slope towards an AI future none of us want

AI is entering the workplace and a bright future awaits, we're told. I'm really not so sure.

PC Gamer

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Dior, Zoom, GAP And More: 20 Businesses Founded By Entrepreneurs Aged 30 And Over

Numerous renowned CEOs, including Henry Ford and Colonel Sanders, started their successful entrepreneurial journeys after the age of 30, proving that significant career achievements can happen later in life.

International Business Times UK

Zoom no longer wants to be known by the very thing that made it famous: Video calls

Zoom no longer wants to be known by the very thing that made it famous: Video calls.

Fortune

Microsoft’s Copilot will let you join 3 meetings at once, but experts say it misses the point: ‘No one has ever wanted to be in a meeting’

AI productivity tools could exacerbate a culture of too many meetings and no meaningful connections, management expert warns

Fortune

The future is … sending AI avatars to meetings for us, says Zoom boss

Eric Yuan suggests technology is five or six years away and will free up time to spend with family

The Guardian - UK

Zoom founder Eric Yuan wants ‘digital twins’ to attend meetings for you so you can ‘go to the beach’ instead

You'll only need to work 3 days a week because your digital twin will do 90% of your work, Zoom’s founder and CEO Eric Yuan said.

Fortune

Zoom CEO raises eyebrows by saying people need to go back to the office

Eric Yuan says people are overly friendly on the platform in leaked recording

The Independent UK

The workplace has finally reached a new normal, says the guru of remote work

“It feels like the [score of the] last three years has been, work from home—three; return to office—zero,” Nick Bloom said. “This is not a match that RTO is winning.”

Fortune

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Salon

Zoom’s AI privacy fiasco explained

The video conference company's latest affront to data protections epitomizes why few trust Zoom in the first place

The Independent UK

Is remote work over? Zoom tells staff to ‘come back to the office’

Videoconferencing giant backs ‘structured hybrid approach’ for staff living within 50 miles of an office

The Independent UK

Now even Zoom tells staff: ‘Come back to the office’

Videoconferencing giant backs ‘structured hybrid approach’ for staff living within 50 miles of an office

Chicago Sun-Times

Zoom, which thrived on the remote work revolution, wants workers back in the office part time

The video conferencing firm that saw growth during the pandemic is asking employees who live within a 50-mile radius of its offices to work onsite two days a week.

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The Independent UK

Now even Zoom tells staff: ‘Come back to the office’

Videoconferencing giant backs ‘structured hybrid approach’ for staff living within 50 miles of an office

The Guardian - UK

Zoom tells staff to come into the office at least two days a week

Policy to apply to those living within 50 miles and follows fall in post- pandemic demand for video-conferencing services

WEKU

Zoom is the latest tech firm to announce layoffs, and its CEO will take a 98% pay cut

Zoom, a hallmark of pandemic life, is laying off some 1,300 employees, or about 15% of its workforce. CEO Eric Yuan said he and other executives will take pay cuts and forgo bonuses.

Evening Standard

Zoom to cut 15% of its workforce affecting 1,300 employees as demand drops

Video conference company says it is adapting to post-pandemic life with job cuts

The Independent UK

Big tech job cuts keep coming; Zoom latest to trim headcount

The tech industry started the year with a wave of job cuts, around 50,000 in January alone, and there doesn’t appear to be any let up this month

Asharq Al-Awsat

Zoom Urged by Rights Groups to Rule Out ‘Creepy’ AI Emotion Tech

Human rights groups have urged video-conferencing company Zoom to scrap research on integrating emotion recognition tools into its products, saying the technology can infringe users' privacy and perpetuate discrimination. Technology publication Protocol reported last month that California-based Zoom was looking into building such tools, which could use artificial intelligence (AI)…

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