Zoom CEO Eric Yuan on the challenges of adapting an enterprise product for consumers

There’s been a lot of talk about the consumerization of IT in the workplace. But in the case of Zoom, the pandemic forced the high-flying video conferencing service to rapidly shift gears in the other direction, resulting in some painful lessons along the way.

Zoom founder and CEO Eric Yuan said despite the company’s culture of always trying to see the world through its customers’ eyes, it had to rethink many of its assumptions when suddenly a wide range of consumers began using Zoom for everything from distance learning to having virtual cocktails with friends.

“On the one hand, we were very excited, because after many years of hard work your dream is coming true of helping people stay connected,” Yuan said. “But then suddenly, you have 30 times more growth than you were expecting, so how do you handle that? You’ve got to work harder.”

Yuan spoke on day

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Is Ripple Leaving US? CEO Backpedals On Threats After Biden Win

KEY POINTS

  • Ripple CEO Brad Garlinghouse said the company will wait and see before making a decision to leave
  • Earlier, the company threatened to leave the U.S. due to a lack of clarity about XRP tokens
  • Ripple used to position itself as one of the most regulatory compliant in the industry

After threatening to leave the U.S. amid concerns of regulatory uncertainty around XRP crypto tokens, Ripple has now decided to adopt a “wait and see” approach, especially after the election of Joe Biden as president.

Speaking to CNN, Brad Garlinghouse, CEO of Ripple, said the company has not put a strict timeline on when the company will make a decision to relocate. “I think I am waiting to see what dynamics change, associated with the Biden administration beginning their term in office, and I am optimistic that will actually improve where things sit for the XRP community broadly,” 

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Slack CEO Stewart Butterfield’s life and career rise, in photos

  • Stewart Butterfield founded Slack in 2013 after selling his first startup, Flickr, to Yahoo for more than $20 million.
  • Slack became one of the fastest-growing companies ever, achieving a $1 billion valuation less than a year after it officially launched.
  • Butterfield, whose birth name was Dharma before he changed it at age 12, was born in British Columbia and majored in philosophy in college. 
  • He’s currently engaged to a fellow tech founder: Jennifer Rubio, the cofounder of luggage startup Away.
  • Visit Business Insider’s homepage for more stories.

Stewart Butterfield is on a roll.

In the early 2000s, Butterfield created Flickr, which sold to Yahoo for over $20 million. Now, his latest venture, Slack, one of the fastest-growing business apps ever, has been acquired by Salesforce for $27.7 billion.

The workplace messaging app, born out of a now-defunct gaming startup Tiny Speck, will help Salesforce compete with its chief rival, Microsoft,

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Marvell Technology Group Ltd. (MRVL) CEO Matt Murphy on Q3 2021 Results – Earnings Call Transcript

Marvell Technology Group Ltd. (NASDAQ:MRVL) Q3 2021 Earnings Conference Call December 3, 2020 4:45 PM ET

Company Participants

Ashish Saran – VP, IR

Matt Murphy – President and CEO

Jean Hu – CFO

Conference Call Participants

Toshiya Hari – Goldman Sachs

Vivek Arya – Bank of America Merrill Lynch

Timothy Arcuri – UBS

C. J. Muse – Evercore

Blayne Curtis – Barclays

John Pitzer – Credit Suisse

Ross Seymore – Deutsche Bank

Tore Svanberg – Stifel

Harlan Sur – JP Morgan

Christopher Rolland – Susquehanna

Srini Pajjuri – SMBC

Operator

Ladies and gentlemen, thank you for standing by, and welcome to the Q3 Fiscal 2021 Marvell Technology Group Earnings Conference Call. At this time, all participants are in a listen-only mode. After the speaker presentation, there will be a question-and-answer session. [Operator Instructions] Please be advised that today’s conference is being recorded. [Operator Instructions]

I would now like to hand

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Pfizer CEO Is ‘Confident’ In Covid-19 Vaccine Rollout And Looking Beyond The Pandemic


At the 2020 Forbes Healthcare Summit, Albert Bourla is already looking beyond his company’s vaccine success and into a post-pandemic world.


Pfizer CEO Albert Bourla has accomplished in 11 months what usually takes years, with the company’s Covid-19 vaccine ready to hit the market in record time. Bourla told the 2020 Forbes Healthcare Summit he’s “confident” in the upcoming rollout and already looking towards future ways to apply the vaccine’s underlying technology. 

“We knew that the world needs this. We knew that we had to deliver. And we didn’t let any obstacles—and I can assure you there were many in our way—to stop us doing it,” Bourla told moderator Moira Forbes, president and publisher of ForbesWomen. His remarks came one day after Pfizer, along with its partner BioNTech, became the first companies in the world to get authorization for a Covid-19

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Vitalis Extraction Technology Prioritizes Efficiency and Innovation With Appointment of Joel Sherlock to CEO

KELOWNA, BC, Dec. 3, 2020 /PRNewswire/ — Vitalis Extraction Technology, Inc. (Vitalis) is pleased to announce the promotion of Chairman and Co-founder, Joel Sherlock, to the position of CEO. In a first for the CO2 extraction manufacturer, the newly created role will focus on delivering greater efficiency and innovation for clients as the company seeks to maintain its current rate of hypergrowth, while adapting to changing global market conditions.

Today’s announcement closely follows news of Vitalis placing No. 3 on the Globe and Mail’s 2020 Report on Business ranking of Canada’s Top Growing Companies, based on 8,090% exponential growth over three-years.

Looking to the future, Vitalis’s newly-appointed CEO, reveals realignment plans to foster greater efficiency and more agile decision-making across its workforce. Sherlock is confident about the benefits this change will have for clients, commenting, “Since our inception, we’ve strived to build a company that operates at optimal

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Amazon Web Services org chart under CEO Andy Jassy

  • Amazon Web Services has seen its growth slow down in recent years amid intensifying competition, the COVID-19 pandemic, and simple law of large numbers.
  • Business Insider identified and mapped out 95 of the most powerful people under AWS CEO Andy Jassy, who are leading key growth areas at the company.
  • They include influential execs such as Chief Technology Officer Werner Vogels, and Twitch CEO Emmett Shear, as well as some less familiar names, like Kathrin Buvac, the new vice president of business development, and Matt Garman, the head of sales and marketing.
  • Do you work at Amazon? Contact this reporter via encrypted messaging apps Signal/Telegram (+1-415-926 -2066) or email ([email protected]).
  • Are you an Amazon Web Services employee? Contact reporter Ashley Stewart via encrypted messaging app Signal (+1-425-344-8242) or email ([email protected]).
  • Visit Business Insider’s homepage for more stories.

For the better part of the past decade, Amazon Web Services was the

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Does Carpenter Technology’s (NYSE:CRS) CEO Salary Compare Well With Industry Peers?

TipRanks

These 2 “Strong Buy” Penny Stocks Could Go Boom, Says Roth Capital

What kind of stocks stir up controversy like no other? Penny stocks. These tickers trading for less than $5 per share have earned a reputation as some of the most divisive names on Wall Street, with these plays either met with open arms or given the cold shoulder.It’s understandable why some investors are wary. Those opposed are quick to point out that there could be a very real reason these stocks are changing hands for pocket change, with the low share prices often masking obstacles like weak fundamentals or troubling headwinds. That said, others are drawn in by the sheer growth potential of penny stocks. The fact is that even minor share price appreciation can mean huge percentage gains, and thus, serious returns. What’s more, your money goes further with these bargain names.No matter which side you

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Oyo Has $1 Billion to Fund Operations Until IPO, CEO Tells Employees

(Bloomberg) — Ritesh Agarwal, founder and chief executive officer of Oyo Hotels, told employees the Indian startup is making progress in recovering from the coronavirus fallout and has about $1 billion to fund operations until an initial public offering.



A pedestrian walks past an Oyo hotel, operated by Oyo Hotels Japan G.K., in Tokyo, Japan, on Monday, Jan. 27, 2020. Oyo has drawn particular attention in SoftBank Group Corp.’s portfolio of startups because of its similarities to WeWork. Both are trying to change traditional real estate businesses with technology. Both have charismatic young founders. Now, skeptics say Oyo could also fall short, further undermining Son’s grand ideas about technology investing.


© Bloomberg
A pedestrian walks past an Oyo hotel, operated by Oyo Hotels Japan G.K., in Tokyo, Japan, on Monday, Jan. 27, 2020. Oyo has drawn particular attention in SoftBank Group Corp.’s portfolio of startups because of its similarities to WeWork. Both are trying to change traditional real estate businesses with technology. Both have charismatic young founders. Now, skeptics say Oyo could also fall short, further undermining Son’s grand ideas about technology investing.

The 27-year-old entrepreneur made the comments in a fireside chat with Oyo board member Troy Alstead, after the once high-flying company endured months of layoffs and losses as Covid-19 hammered its business. Oyo is one of the largest

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Why The Tech Space Needs More Innovators Like Zappos CEO Tony Hsieh

I was sitting on the roof of one of those trendy Las Vegas eateries.

Not the fake ones at the Venetian hotel modelled after an Italian villa where the walls and the sky are painted blue but you’re actually in a casino. Instead, it was a real roof under brightly lit stars.

I was nursing an Arnold Palmer (I haven’t had a real drink since high school) and a bad headache after a few days at a tech conference, lounging on an outdoor sofa with a couple of PR reps and a photographer friend. The eatery was

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