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Business

Zoom Video, Hewlett Packard Enterprise, Ambarella & extra

Zoom founder Eric Yuan poses in front of the Nasdaq building as the video conferencing software company Zoom’s logo appears on the screen after the opening bell on April 18, 2019 in New York City.

Hit by Betancur | Getty Images

Check out the companies that hit the headlines on Tuesday after the bell:

Zoom Video – Stocks of the video messaging platform rose 2.7% after the company beat sales and earnings estimates in the first quarter. Zoom made $ 1.32 per share on an adjusted basis on sales of $ 956 million. Analysts surveyed by Refinitiv expected the company to make 99 cents per share on sales of $ 906 million.

Hewlett Packard Enterprise – HPE shares fell 2.1% as the company’s second quarter results exceeded expectations. HPE earned 46 cents per un-itemed share during the period, which was above the 42-cents earnings analysts surveyed by Refinitiv. Revenue at $ 6.7 billion was also above the expected $ 6.62 billion.

Ambarella – The camera equipment manufacturer’s stock rose 4.3% following its first quarter results. Ambarella earned 23 cents per share with no items and had sales of $ 70.1 million. FactSet estimates The Street expected 17 cents on $ 68.6 million in sales.

Scotts Miracle-Gro – The lawn company’s shares rose less than 1% after the company raised its forecast for the year. In a statement, the company said the improved outlook was mainly due to stronger growth in the US

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Business

Right here Come Sizzling Desks and Zoom Rooms. And Holograms?

Since the pandemic sent workers home last year, numerous changes have been made to office buildings to keep the coronavirus from spreading. Now as companies prepare to bring workers back, experts say more changes are on the way.

Expect expanded meeting rooms and fewer in-person workspaces, such as changes fueled by the success of working from home. Companies like Google, Microsoft and Walmart have already announced proposals for hybrid work models that allow employees to continue working remotely at least a few days a week.

As a result of these new regulations, companies may need less office space and some have already needed less real estate, according to a survey by consulting firm PwC. Target announced earlier this month that it was giving up office space in downtown Minneapolis, and in September sporting goods retailer REI sold its newly constructed headquarters in Bellevue, Wash.

“We’re really at a turning point,” said Meena Krenek, interior designer at Perkins + Will, an architecture firm that is innovating offices, including its own, for new ways of working.

Last spring, when the lockdowns had not yet been completed, landlords and tenants prepared to return to the office in the summer and fall. The desks were pulled six feet apart and plexiglass barriers were installed between them. Disposable arrows were stenciled on the corridor floors, chairs removed from the conference rooms, and elaborate choreography developed to determine how and when the teams would return to avoid overcrowding.

Then many workers just stayed at home. As the pandemic dragged on and people got the hang of it, many discovered that it was possible to be productive when parked on living room couches or in garden chairs.

Now that the company executives are planning to return to the office, it is not only safety measures but also the new work regulations that are driving discussions about the post-pandemic workplace. According to a new survey by KayoCloud, a platform for real estate technology, more than 80 percent of companies rely on a hybrid model in which employees are in the office three days a week.

Workplaces are being redesigned for activities that benefit from face-to-face interaction, including working together on projects and training employees to promote a company’s culture and identity.

The public areas will be enlarged and furnished with furniture that can be moved if necessary. Steelcase and Knoll, suppliers of office furniture, report strong interest in mobile tables, carts and partitions.

But as the space required for collecting increases, the fate of your own personal lawn in the office – a desk decorated with family photos, a couple of filing cabinets – hangs in the balance. Why, business leaders ask, should someone who is in the office a day or two a week need a seat that is empty the rest of the time?

In some cases, personal desks are being replaced by hotel workstations, also known as hot desks, which can be used by anyone who needs a place to sit down for a day.

In the early months of the pandemic, when the coronavirus was believed to spread via contaminated surfaces, hot desks received a tough no from office users. However, this attitude has softened with the realization that the virus is mainly transmitted through the air. Protocols for wiping table tops before and after use have become the norm. So it’s important to reserve a hot desk in advance rather than just showing up and securing a free seat.

Workers have often resisted losing their personal desks when businesses tried to reduce their real estate footprint, but they may now be more amenable to the idea when the payoff is the ability to skip the commute and work from home.

“If I’d interviewed people a year ago, they would have said they definitely need three filing cabinets and a bookcase,” said Andrea Vanecko, director of architecture firm NBBJ. “Now there is a completely different answer.”

Conference rooms are also restarted. In the past, these rooms were based on the idea that people gather in person. A large screen on a wall can be used for presentations or to have an executive appear in a different location as a cameo.

However, some employees are constantly switching to remote work, and companies are puzzled over how to get the same level of participation as those who are physically present. There are even early discussions about using artificial intelligence to conjure up holographic representations of employees who are not on site but could still take a seat at the table.

Currently, some companies continue to use their laptops as personal attendants so that remote workers can see everyone on their zoom screens. This is to help maintain “a sense of equality that we expected,” said Peter Knutson, chief strategy officer of A + I, a design firm.

Devices that combine 360-degree cameras, microphones, and speakers are placed on a table or tripod to improve sound and visibility. In the future, these technologies will likely be built into meeting places and the number of screens increased, turning the conference room into a “zoom room,” Ms. Krenek said.

Likewise, some phone booths – the closet-sized pods used in open plan offices to provide a place for employees to make private calls – are giving way to video conference booths that some manufacturers have introduced with built-in screens.

Screens are displayed elsewhere. One near the coffee bar or at a coffee table could enable on-site employees to virtually meet colleagues who work remotely for a latte or lunch.

And digital whiteboards are likely to become increasingly popular so that employees at home can see what is being written in real time.

Changes to offices to protect against the coronavirus are still in effect. Emergency measures may go away when the pandemic loosens its hold, but others will stay here.

In lobbies, floor decals can be two meters apart, “just until people get used to them,” said Natalie Engels, director at Gensler, an architecture firm. Signs that had multiplied during the pandemic – encouragement of “self-cleaning” elevator buttons and virus zapping technologies like ionization and ultraviolet light – will eventually be removed.

However, moving around an office building is increasingly becoming a hands-free feature supported by mobile apps, sensors, and voice controls, even as reluctance to touch surfaces subsides.

With sensors, employees can enter a turnstile and call an elevator with a wave of the hand. Landlords who haven’t invested in such systems have experimented with foot pedals to activate elevators. Buttons on the walls outside of the toilets can be pressed with an elbow, eliminating the need to touch door handles. Some companies add foot operated door openers.

The coronavirus has drawn attention to air quality in a potentially permanent way. Outdoor spaces – roofs, patios, and courtyards – were popular before the pandemic and grew in popularity as fresh air went from a beauty to a necessity.

In some cases, landlords have adjusted HVAC systems to increase the amount of outside air being pumped in. They’re also upgrading filters to trap smaller particles in the air.

Some measures are anchored in leases, said Geoffrey F. Fay, a real estate attorney at Pullman & Comley. But landlords do things like this proactively, he added, as they try to make offices as alluring as possible when tenants are wondering if they still need to rent space at all.

“The landlords are realizing that we are on the brink of change,” he said. “You want employees to feel as comfortable as they come back to the office.”

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Health

Zoom Funeral Ideas – The New York Occasions

In my family’s case, we were really impressed with how video conferencing, which can be so stressful in our daily work lives, enabled us to celebrate my father’s full life in a beautiful and moving way.

If you need to arrange a memorial service on a video platform, here are some tips.

We bought a one month subscription to Zoom Pro (it’s currently $ 14.99 per month and you can cancel it at any time). It allows up to 100 participants (other plans allow more at an additional cost) with unlimited meeting time and saves a recording in the cloud. We’re glad we did. If we had to limit the time of the event, we would have missed many moving contributions from the participants.

Since I created the account, I was the de facto host of the meeting. In retrospect, I wish I had passed the role to my 17-year-old daughter, a digital native. The tasks include picking up people from the waiting room. Mute all microphones as needed; Muting the official or other speakers; Troubleshooting technical problems; Support of guests; and forward messages to family members in the chat box. Introduce the tech host at the beginning of the service so people know who to turn to for help.

The back end of video sharing platforms has settings that can be difficult if you’re new to them, especially if it’s an emotional event. The host can go over the toggle switches in advance to find out how to mute people as they enter, or activate the waiting room. This security feature keeps guests in a queue until the host allows it.

Our virtual memorial was partially successful because the rabbi was not distracted from the difficulties that inexperienced zoomers had to begin with. When the service passed into Shiva, my mother moderated – greeted the people and made sure that everyone who wanted to offer a memory had the opportunity.

Schedule one or more short hours of practice to solve problems and ensure you are on the same page regarding different roles. Some of the attendees at our event were complete novices to Zoom who feared not to miss the laudatory speech and knew they were holding up the program when they tried to mute as requested. We recommend giving guests tips on logging in and out. Muting and unmuting; Switch screen views; and using the chat function – either together with the invitation or on request prior to the event. Don’t assume everyone will connect to current devices.

We sent an email to notify friends and relatives of my father’s death and the Zoom event, including a link and a password. Each of our family members has compiled and distributed their own lists. You can also use Zoom to send email invitations.

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Business

Zoom Government Accused of Disrupting Calls at China’s Behest

In a novel case, federal prosecutors on Friday indicted an executive at Zoom, the video conferencing company, accusing him of conspiracy to disrupt and censor video meetings to commemorate one of the most politically sensitive events in China.

Prosecutors said China-based executive branch Xinjiang Jin invented grounds to suspend accounts of people in New York holding monuments on the anniversary of the Tiananmen Square massacre and coordinating with Chinese officials to identify potentially problematic meetings.

He is accused of working with others to log into video meetings under aliases with profile pictures relating to terrorism or child pornography. Afterward, Mr. Jin would report the sessions for violating the terms of service, prosecutors said.

At least four sessions to commemorate the massacre that year, attended mainly by US users, were canceled due to Jin’s actions, according to prosecutors.

Mr. Jin, also known as Julien Jin, acted as the liaison between Zoom and Chinese government agencies, according to the prosecutor. He is only identified in the criminal complaint as an employee of a US telecommunications company. Zoom confirmed on Friday that it was the company.

Mr. Jin was not arrested and is at large in China, which does not have an extradition treaty with the United States.

The case was an unusually sharp warning from law enforcement officers to American tech companies operating in China, which are often caught between the principles of free speech and the demands of the Chinese censorship machine.

“Americans should understand that the Chinese government will not hesitate to take advantage of companies operating in China to advance its international agenda, including the suppression of free speech,” said Christopher Wray, director of the FBI, in a statement.

A Zoom spokesperson said Friday that Mr. Jin violated his guidelines by attempting to bypass internal controls. Mr. Jin was fired and other Zoom employees were put on administrative leave pending an internal investigation.

In a detailed statement, the company said it has since provided end-to-end encryption for all users and limited access to Zoom’s global network for China-based employees.

The company is headquartered in San Jose, California and employs hundreds of people in China.

The charges against a China-based employee who works for an American company are an aggressive reprimand against China, which requires technology companies operating there to monitor user activity in order to censor politically sensitive issues.

Seth DuCharme, the acting US attorney in Brooklyn whose office brought the case, said the allegations had exposed the security flaws of American tech companies engaging in the “Faustian deal” with operations in China.

Economy & Economy

Updated

Apr. 18, 2020 at 12:25 am ET

The U.S. law firm in Brooklyn has been particularly active in filing cases that have angered the Chinese government, including a criminal case against Huawei, the Chinese telecommunications giant, and charges against eight people accused of plotting on China’s behalf for political purposes Dissidents in the US to harass US return home.

Mr. Jin was charged with conspiracy to interstate harassment and illegal conspiracy to transfer identification means. A lawyer for Mr. Jin could not be identified.

The case is also a black eye for Zoom, raising new questions about business security at a time when software is heavily used for work, school, healthcare, and more.

Mr. Jin asked employees for user data from American servers that he did not have direct access to, the prosecutor said. It was not clear how much access Chinese government officials were given to the account information of Zoom users in the United States.

The Zoom spokesman said the company’s internal investigation revealed that Mr. Jin shared individual user data with Chinese authorities. He shared the data for “fewer than 10 individual users” who were based outside of China.

The criminal complaint showed a relentless effort by Mr. Jin and others to stop video meetings commemorating the anniversary of the June 4th massacre.

In the weeks leading up to the anniversary, Mr. Jin warned a US official that Chinese officials are stalking Zoom users and stressed the need to uphold the Chinese government’s secret demands for censorship, according to criminal charges.

“They are requesting that we not disclose it,” wrote Mr. Jin. “Otherwise it will seriously damage our country’s reputation.”

Mr. Jin told the colleague that if Tiananmen Square was mistreated, China could block the company’s servers, according to prosecutors.

In another case, Chinese government officials informed Mr. Jin of a planned memorial on Tiananmen Square in America and gave him the session number of the video call, which Mr. Jin was then able to end, prosecutors said. It was not clear how the officers got the session number because the prosecutor said it had not been made public.

After customer demand for Zoom skyrocketed during the coronavirus pandemic, the Chinese government imposed additional controls on the operation of Zoom, even if users outside of China were involved.

In April, Mr. Jin told another Zoom employee that the Chinese government had ordered that Zoom develop the ability to end a meeting within a minute of a violation of Chinese law being discovered.

In June, Zoom was scrutinized by lawmakers after it blocked accounts held by Chinese human rights leaders who used the platform to organize commemorations for the 31st anniversary of the Tiananmen Square Operation in 1989, when army troops saw hundreds of student demonstrators, Workers and ordinary citizens. These accounts were later restored.

The Zoom memorial services also had consequences for people who were supposed to speak to them.

A dissident in the United States, who had not been identified by name, told the FBI that the Chinese authorities had pressured several people in China not to speak at a Zoom event he organized.

On the morning of the event, according to the criminal complaint, Chinese police detained one of the potential speakers for several days and went to another to prevent the person from logging into an electronics.

Katie Benner contributed to the coverage.

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Business

Zoom Lessons. No Probability Conferences. Is Digital Enterprise College Well worth the Value?

“I feel very happy,” he said. “The pandemic has forced me to think about my priorities as well. I could step back and pause and ask, ‘What do you really want to do?’ “

Mrs. Reichert had the opposite experience. She did an internship at Chewy, the pet food website, last summer from her parents’ home in Spotsylvania County, Virginia – 1,000 miles from Chewy’s headquarters in Dania Beach, Florida. While she praised the company for its efforts to make the most of a bad situation, she decided to return to the consultation.

Networking is a big part of the MBA experience. It’s the component that could pay the most dividends well after closing. But in a virtual or socially distant world it got stunted.

“The social component was disappointing,” said Emma Finkelstein, a sophomore at the University of Virginia’s Darden School of Business. “When I’m a floating head at Zoom, I will have a different relationship with my professors and classmates than in social situations.”

Mr Garg, who describes himself as an introvert, said he had pushed himself to get out.

“It’s a lot about being proactive,” he said. “I’ve had coffee with people. It takes a lot of effort. There are some days when you don’t want to do this. But then you realize that you’ve been home for three days and haven’t seen anyone. “

And it’s not just less sociable students who feel left out of the social aspect of business school. International students who have not been able to return to the USA and students from underrepresented minority groups are also affected.

“Of course, I would say that the impact of the pandemic on the nature of informal networking on our campus could be more impactful for students who, for some reason, felt less enclosed among their MBA peers,” said Dr. Rockoff from Colombia. “These missed opportunities for networks and connections will have a significant impact on them.”