From Nasdaq: 2024-05-15 08:15:00

Zoom Video Communications, Inc. announced that its Workvivo has been chosen as Meta Platforms’ preferred migration partner as Workplace platform ends, providing tools for a smooth transition. Workvivo, acquired by Zoom in 2023, enhances workplace communication and engagement. Zoom also launched Workplace, an AI-powered collaboration platform, with features like document collaboration and portrait lighting, to empower enterprise customers. The platform aims to optimize collaboration, streamline workflows, drive growth, and boost the company’s top line. Meanwhile, Microsoft Teams and Google Meet are enhancing their platforms with features like meeting recaps and studio lighting, respectively, to compete with Zoom in the cloud communications market. In the semiconductor industry, Zacks identifies a top stock with potential for growth in AI, ML, and IoT, as the global market is projected to grow significantly. This stock recommendation offers insights and analysis for investors looking to capitalize on the booming semiconductor market.



Read more at Nasdaq: Zoom Video’s (ZM) Workvivo Becomes Meta’s Migration Partner