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Jim Cramer Says Zoom Is Here to Stay

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Zoom Video Communications  (ZM)  reached a preliminary settlement on a user privacy lawsuit, agreeing to pay $85 million and improve its security and privacy practices. 

Jim Cramer said the agreement is part of the process of Zoom proving it's more than the video-conferencing software that founded the company. 

"It's [Zoom] not going anywhere," Cramer said. 

Catch his full take in the video above. 

Recap TheStreet Live: Everything Jim Cramer Is Watching 8/2/21

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