Zoom Video’s Meteoric Rise Complicated by Privacy Concerns

(Bloomberg) — Zoom Video Communications has been one of the few stand-outs in the current market, with shares doubling and usage surging during the coronavirus pandemic, but now the company’s high profile has raised concerns about user privacy and security.The teleconferencing company has become a favorite business tool as more employees work remotely, but concerns over privacy could complicate that popularity and expose it to new risks. For example, Zoom was recently sued by one user who claimed it is illegally disclosing personal information, and on Wednesday, Reuters reported that SpaceX had banned its employees from using Zoom due to …read more

Source:: Yahoo Finance


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