- Zoom Video Communications Inc (NASDAQ:ZM) has announced plans to expand its automatic live transcriptions with live translation and turn its whiteboard feature into a fully-featured app at its Zoomtopia conference.
- The videoconferencing space continues to heat up with the pandemic-triggered hybrid work.
- Zoom plans to provide real-time transcription for up to 30 additional languages and real-time translation across as many as 12 languages by 2022, the company wrote in its blog.
- It will make Zoom Whiteboard available outside of meetings in Zoom apps and the web with options to add sticky notes, drawings, and comments and view them.
- Zoom also disclosed that Facebook Inc’s (NASDAQ:FB) Oculus Horizon Workrooms would be able to host video meetings and connect to Zoom Whiteboard.
- Price Action: ZM shares closed lower by 3.73% at $290.24 on Monday.
- Image by Biljana Jovanovic from Pixabay
Berenberg Initiates Coverage On National Storage with Buy Rating, Announces Price Target of $61
Berenberg initiates coverage on National Storage (NYSE:NSA) with a Buy rating and announces Price Target of $61.
