Zoom makes its first major product updates since its blockbuster IPO as it takes on competitors like Microsoft
Summary
Zoom, the popular and buzzy videoconferencing startup, just introduced its first major set of product updates since it went public in April. Head of products Oded Gal says that these updates show that Zoom is moving away from simply providing video meetings — the kind made famous by companies like Ciscos WebEx and even Google Hangouts — and more towards providing more ways to make meetings easier. Zoom partnered with Poly, an audio and video communications company, to build the Studio X Series appliances. "It comes right off the bat with our software installed with a controller that is part of that system and youre ready to go," Gal said. Read more: The CEO of Zoom lays out its next big priority after its first earnings report as a public company blows away Wall Street expectations In March, Microsoft also announced similar captioning and presentation features to its messaging and collaboration app, Microsoft Teams.
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