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Zoom

Web Apps

Zoom Adds Authentication Of Two Factors For Improving Security

by tech_admin September 13, 2020
written by tech_admin

Many of us are depending on Zoom video calls to communicate with friends and family during the pandemic safely.

Zoom accounts could be more stable, however, and they are becoming more reliable today with the implementation of two-factor authentication for all accounts, pcmag.com says.

Zoom finds 2FA as providing more stability than a range of advantages. Zoom claims it facilitates improved enforcement, simpler credentials management , and cost savings for companies in particular. Since the 2FA functionality is free, Zoom thinks that schools relying on its video service for remote teaching would benefit in particular. They will have to pay a special one-on-service until now.

One of three sources will provide the additional protection layer. The first is a Google Authenticator, Microsoft Authenticator, or FreeOTP authentication app. Alternatively, you can send a one-time code via SMS text or a telephone call.

To use 2FA, you must have an account available. You can do this by logging into the Dashboard of Zooms. Navigate to Advanced > Menu protection and enable the option “Authenticate Two-Factor Sign-In.”

There will then be three choices available: all users, users with unique responsibilities, and users belonging to a particular community. To confirm new settings, click “Save” and pick the one most suitable for your use case. Then the code is required for anyone who signs up for this zoom account as a second form of identification.

September 13, 2020 0 comment
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Mobile Tech

Zoom’s Stock Rises 41 Percent, Adding Over 37 Billion Dollars in Market Value After Sales.

by tech_admin September 2, 2020
written by tech_admin

Zoom shares jumped 41 percent on Tuesday, raising the market cap for the videoconference software business to $129 billion after sales and earnings flew past analyst forecasts.

The rally contributed a market cap of $37 billion to Zoom, which went public in April 2019 and was worth about $16 billion after its first trading day. Perhaps the organization was the biggest corporate winner of the coronavirus pandemic, as workers across the globe switched to video chat technology to remain linked to employees, clients and partners.

READ ALSO: Google is Constructing a Massive Fiber-Optic Undersea Cable to Link US to the UK and Spain

Time sales rose 355 per cent to $663.5 million, beating the analysts’ average estimate of $500.5 million, according to Refinitiv. Reported earnings per share of 92 cents more than twice the forecasts for profit by analysts, or 45 cents per share. For the time, Zoom’s net income for the last six quarters combined was more than triple its profit.

Zoom’s number of customers with $100,000 or more in annual sales more than doubled to 988 from a year earlier. On the earnings call, CEO Eric Yuan stressed Exxon, Activision and ServiceNow.

“With the pandemic persisting, we are committed to work hard and are humbled by our role of enabling communications worldwide during this challenging time,” Yuan said.

READ ALSO: Apple Puts Its User-Friendly Stamp on Fancy iPhone 7 Cameras

Even Zoom increased its outlook for the full fiscal year of 2021. Revenue would range from $2.37 billion to $2.39 billion, resulting in mid-range growth of 282 per cent, exceeding the average analyst revenue estimate of $1.81 billion.

Zoom is currently one of the 20 most successful U.S. tech firms, with a market value that is greater than IBM and more than twice the size of VMware.

September 2, 2020 0 comment
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