To emphasise its broader view of the business, Zoom announced Monday that it has dropped “video” from its official name and would now be known as Zoom Communications.
Zoom Communications dropped the most in 18 months after it gave a revenue outlook that disappointed investors expecting a bigger boost from the company’s expanded suite of products.
The software company, known for its videoconferencing service, has introduced more tools for corporate clients, including phone systems, a contact centre application and artificial intelligence assistants.
