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In October 2021, the option to automatically generate closed captions in English for Zoom meetings was expanded to all accounts, including free ones. The feature had previously only been available for Premium users. [54] In April 2022, Zoom added features including gesture recognition, a virtual whiteboard, and Zoom IQ for sales.
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Former logo (2014-2022) Zoom was founded by Eric Yuan, a former corporate vice president for Cisco Webex. [6] He left Cisco in April 2011 with 40 engineers to start a new company, [2] originally named Saasbee, Inc. [7] The company had trouble finding investors because many people thought the videotelephony market was already saturated. [7]
Zoom's recently announced $85 million settlement of a privacy class action is a "groundbreaking" and unique settlement, a lawyer for the plaintiffs told Yahoo Finance.
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