To Reduce AI Costs, Google Wants to Ditch Broadcom as Its TPU Server Chip SupplierRead more

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cloud enterprise covid-19

Zoom’s Sales Jump 191% as Pandemic Boom Continues

By
Kevin McLaughlin
· · Source: The Information

Even as the pandemic subsides in many parts of the U.S., Zoom Video Communications continues to benefit from companies holding meetings online. Its revenue increased 191% to $956.2 million in the three months to the end of April compared to last year, while free cash flow grew 80% to $454.2 million. Zoom’s revenue growth has remained at the same eye-popping levels as last year’s April...

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