Zoom booms as demand for video-conferencing tech grows
by Rupert Neate Wealth correspondent from on (#51FTC)
Estimated net worth of founder has increased by more than $4bn since coronavirus crisis started
From nursery school sing-alongs to FTSE 100 boardrooms and even UK cabinet meetings hosted by the poorly prime minister, a socially distanced world is reconvening in cyberspace with the help of Silicon Valley video conferencing app Zoom.
As governments across the world have placed their citizens on lockdown, downloads of video conferencing apps have soared to record highs and the companies behind them have seen their share prices rise while the rest of the global stock market tanks.
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