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 of Reuters, ο μέτοχος Michael Drieu δήλωσε στο δικαστήριο ότι οι τελευταίες αποκαλύψεις από τα μέσα ενημέρωσης γύρω από αυτά τα ζητήματα περί προστασίας της ιδιωτικής ζωής άρχισαν να παρουσιάζουν προβλήματα στην μετοχή της εταιρείας.
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 gaps security of the app, Zoom CEO Eric Yuan apologized for the company's mistakes. He also stated that the company will stop developing new features the next 90 days to focus on security and privacy.
One of the primary issues that have made the app weird is “Zoombombing”, a practice used by pranksters to enter meetings by displaying porn 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 it confidence them about how the company operates, and it will likely be very difficult for the popular app to rebuild things.
