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Stock impact report

Zoom boosts encryption to quell safety concerns as users top 300 million [Reuters]

Zoom Video Communications, Inc. - Class A (ZM) 
Last zoom video communications, inc. - class a earnings: 3/4 04:20 pm Check Earnings Report
Company Research Source: Reuters
Zoom boosts encryption to quell safety concerns as users top 300 million (Reuters) - Zoom Video Communications Inc ( ZM.O ) said on Wednesday it was upgrading the encryption features on its video conferencing app to quell safety concerns as its users surged by 50% in the past three weeks. Zoom now has over 300 million daily users after adding 100 million in the last 22 days, the company said, even as it faces a barrage of criticism from cyber security experts and users alike over bugs in its codes and the lack of end-to-end encryption of its chat sessions. bit.ly/2x47sEY The use of Zoom has soared with corporate offices, political parties, school districts, organizations and millions across the world working from home after lockdowns were enforced to slow the spread of the coronavirus. The app’s issues, including “Zoombombing” incidents where uninvited guests crash meetings, led to several companies, schools and governments to stop using the platform. In response, the company said Show less Read more
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