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Video conferencing slashes need for offices, says Zoom CEO

Silicon Valley company seeks partners to develop features based on AI and 5G

Video conferencing service provider Zoom CEO Eric Yuan speaks via remote link at Nikkei's Global Digital Summit 2020. (Photo by Karina Nooka)

TOKYO -- The rise of video conferencing is enabling companies to operate without offices, video conferencing service provider Zoom Video Communications CEO Eric Yuan said on Monday during a Nikkei conference, adding that new technology brings about an increase in tools such as real time translations.

"If I start up my company today, I am not going to have a single office," Yuan said at Nikkei's Global Digital Summit 2020 via video, referring to Zoom's fellow Silicon Valley-based companies that have been successful that way. "Plus, you really can hire talents from all over the world," he said.

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