Zoom forecasts sales surge as video conferencing becomes a daily routine
Zoom rivals such as Microsoft Corp'sTeams and Cisco System Inc'sWebex have also seen soaring usage.When the pandemic hit in early 2020, Zoom was a relative upstart founded by a former Cisco executive that had gone public on a promise to make video conferencing software easier to use.The surge in usage also strained Zoom's infrastructure, with some outages last week as schools in many parts of the United States resumed classes virtually.
Read more »