What Happened
<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="Zoom users would be able to access the video conference service on smart displays such as Facebook Inc’s (NASDAQ: FB) Portal, Alphabet Inc’s (NASDAQ: GOOGL) (NASDAQ: GOOG) Google Next Hub Max, and Amazon.com, Inc’s (NASDAQ: AMZN) Echo Show beginning later this year, the company said in a statement. ” data-reactid=”21″>Zoom users would be able to access the video conference service on smart displays such as Facebook Inc’s (NASDAQ: FB) Portal, Alphabet Inc’s (NASDAQ: GOOGL) (NASDAQ: GOOG) Google Next Hub Max, and Amazon.com, Inc’s (NASDAQ: AMZN) Echo Show beginning later this year, the company said in a statement.
Facebook Portal users in select regions can begin using the service in September, while other smart display users can do so by late fall, according to Zoom.
Those using Google and Amazon devices would be able to use respective smart assistants to launch video conferencing.
Why It Matters
<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="In July, the San-Jose based company launched a standalone 9 tablet-like device of its own that it said was aimed at employees grappling with a “new normal of work.”” data-reactid=”29″>In July, the San-Jose based company launched a standalone 9 tablet-like device of its own that it said was aimed at employees grappling with a “new normal of work.”
<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="The Mark Zuckerberg-led social media giant announced Wednesday it was also adding Zoom rivals LogMeIn, Inc’s (NASDAQ: LOGM) GoToMeeting, Verizon Communications Inc’s (NYSE: VZ) BlueJeans, and Cisco Systems, Inc’s (NASDAQ: CSCO) WebEx to Portal devices. ” data-reactid=”30″>The Mark Zuckerberg-led social media giant announced Wednesday it was also adding Zoom rivals LogMeIn, Inc’s (NASDAQ: LOGM) GoToMeeting, Verizon Communications Inc’s (NYSE: VZ) BlueJeans, and Cisco Systems, Inc’s (NASDAQ: CSCO) WebEx to Portal devices.
Price Action
Zoom shares closed almost 1.2% lower at $273.51 on Wednesday and fell nearly 0.2% in the after-hours session.
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<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="© 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.” data-reactid=”37″>© 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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