• Skip to main content
  • Skip to header right navigation
  • Skip to site footer
iGuRu

iGuRu

Real-time Technology News. Opinions & Tweaks

  • / news
  • / infosec
  • / tools
  • / tweaks
  • / dummies
  • / opinions
  • / support
home / News / Zoom: lawsuit by a company shareholder

Zoom: lawsuit by a company shareholder

08/04/2020 19:50 by giorgos

As expected, Zoom has problems. Yesterday, one of the company's shareholders filed a lawsuit in the US for "overestimating privacy standards and hiding the fact that its service was not end-to-end encrypted."

According to one Publication According to Reuters, shareholder Michael Drieu told the court that the latest media revelations about these privacy issues began to pose problems for the company's share.

court hammer - Zoom: lawsuit by a company shareholder

Through a general chaos in the market brought by his pandemic COVID-19, the share price for Zoom Video, the company behind the app, rose from about $ 70 at the beginning of the year to $ 159,56 on March 23.

Last week, after several reports highlighting the application's security vulnerabilities, Zoom CEO Eric Yuan apologized for the company's mistakes. He also mentioned that the company will stop developing new features the next 90 days to focus on security and privacy.

One of the main issues that has made the application weird is "Zoombombing", a practice used by pranksters to enter meetings, displaying pornographic material.

Last month, the FBI released a warning asking people not to use the platform.

Many companies and organizations have banned the Zoom application. SpaceX sent an internal document to its employees asking them not to use the application for internal meetings. Earlier this week, New York stopped using the app in classrooms. Taiwan also does not allow government officials to use the platform.

This lawsuit shows that those involved have lost confidence in how the company operates, and it will probably be very difficult for the popular app to rebuild things.

Zoom: lawsuit by a company shareholder was last modified: 8 April, 2020, 7: 50 mm by giorgos

Subscribe to our newsletter

no spam

spread the news

  • Facebook
  • Twitter
  • Reddit
  • Printing
  • Email

Read them Technology News from all over the world, with the validity of iGuRu.gr

Follow us on Google News


Competition: Newstag: zoom

You May Also Like

Zoom prepares email and calendar services
Zoom more security options
Zoom announced end-to-end encryption

About Us giorgos

George still wonders what he's doing here ...

Previous Post: « OTEAcademy: Distance Learning for Scientists & Professionals Affected by COVID-19
Next Post: Stadia Pro Two months free from Google »

Reader Interactions

Comment Policy:

IGuRu.gr does not publish the comments immediately. Malicious comments, comments that include ads, or comments that are offensive are deleted without notice. We do not adopt the opinions expressed by our readers.
Your comments will be displayed after approval by the administrators


Leave your comment
Ακύρωση απάντησης

Your email address is not published. Τα υποχρεωτικά πεδία σημειώνονται με *

 

 © 2021 · iGuRu.gr · ☢ · Keep It Simple Stupid Genesis theme

about  ·   get in touch  ·  rss  ·  sitemap  ·  cough

loadingCancel
Could not post post - check your email address!
Email verification failed, please try again
Your blog can not post posts via email.