Page 112 - https://downmagaz.net

are now using Zoom for online classes,

according to the company.

But the once-weak privacy controls also helped

make Zoom extremely easy to use, one of the

reasons it became such a popular way to hold

online classes, business meetings and virtual

cocktail hours after most of the U.S. began

ordering people to stay at home in effort to

reduce the spread of the novel coronavirus that

causes COVID-19.

Zoom also offers a free version of its service,

another factor in its popularity at a time when

about 40 million people in the U.S. have lost

their jobs since mid-March, raising the specter

of the worst economic downturn since the Great

Depression of the 1930s.

The San Jose, California, company has always

made most of its money from companies that

subscribe to a more sophisticated version of

its service that traditionally has been used for

business meetings among employees working

in offices far apart from each other.

But the pandemic-driven shutdown turned Zoom

into a tool for employees who once worked

alongside each other, but have been doing their

jobs from home during the past few months.

Zoom ended April with 265,400 corporate

customers with at least 10 employees,

more than quadrupling from the same time

last year.

Although Zoom remains focused on servicing

its corporate customers, Yuan is hoping to

figure out ways to make money from the all the

socializing and learning that is happening on

the service, too. Some analysts have speculated

that eventually may involve showing ads on the

112