Zoom, whose share prices have more than doubled from last year after becoming the go-to destination for virtual birthday parties and endless meetings, is now positioning itself for a post-COVID future. Among its new offerings: apps that allow users to chat and share files, and cloud-phone systems and conference software for physical offices—a reflection that a hybrid return to offices is looking more likely. “We recognize this new reality,” CEO Eric Yuan said on a recent investor call.
More Must-Reads from TIME
- Donald Trump Is TIME's 2024 Person of the Year
- Why We Chose Trump as Person of the Year
- Is Intermittent Fasting Good or Bad for You?
- The 100 Must-Read Books of 2024
- The 20 Best Christmas TV Episodes
- Column: If Optimism Feels Ridiculous Now, Try Hope
- The Future of Climate Action Is Trade Policy
- Merle Bombardieri Is Helping People Make the Baby Decision