{"id":238,"date":"2020-05-23T05:21:07","date_gmt":"2020-05-23T05:21:07","guid":{"rendered":"https:\/\/ancstockinvestments.com\/blog\/?p=238"},"modified":"2021-06-10T08:04:56","modified_gmt":"2021-06-10T08:04:56","slug":"supreme-seeks-to-ban-zoom-app-over-privacy-concern","status":"publish","type":"post","link":"https:\/\/ancstockinvestments.com\/blog\/2020\/05\/23\/supreme-seeks-to-ban-zoom-app-over-privacy-concern\/","title":{"rendered":"Supreme Court Seeks to Ban Zoom App Over Privacy Concern."},"content":{"rendered":"\n

A petition was filed in the Supreme Court on Wednesday seeking a ban on the usage of video conferencing application Zoom by Indian citizens until formulation of an appropriate legislation, claiming the app breaches privacy .<\/p>\n\n\n\n

<\/p>\n\n\n\n

Zoom has said its video conferencing app’s user base grew by another 50% to 300 million in the last three weeks. This comes as the company fought to quell a backlash around security and safety that has seen a number of governments and firms ban its applications. The Chief executive Eric Yuan gave the numbers last night in an update on the platform’s 90-day security plan, while also outlining the rollout next week of a new version of the app with more encryption features.  <\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

<\/p>\n\n\n\n

The Market Reactions to this!<\/h2>\n\n\n\n

Zoom shares closed up nearly 5% in New York, and at $150.25 are now back close to peaks close to $160 hit last month before the security row erupted. <\/p>\n\n\n\n

German carmaker Daimler was the latest company to say it had banned use of Zoom for all corporate content until further notice. <\/p>\n\n\n\n

Google bans its employees from using Zoom over security concerns as she brings it Google Meet.<\/h2>\n\n\n\n
\"\"
Apply for the ANC Startup Accelerator Program 2020<\/figcaption><\/figure>\n\n\n\n

Google is issuing a ban on the use of the Zoom teleconferencing platform for employees. The company is citing security concerns with the app that have arisen since Zoom became one of the most popular services for free video chatting during the COVID-19 pandemic. The news was first reported by BuzzFeed News<\/em><\/a> earlier today.<\/p>\n\n\n\n

Google emailed employees last week about the ban, telling workers who had the Zoom app installed on their Google-provided machines that the software would soon no longer function. It is worth noting that Google offers its own enterprise Zoom competitor called Meet as part of its G Suite offering.<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

\u201cWe have long had a policy of not allowing employees to use unapproved apps for work that are outside of our corporate network,\u201d Google spokesperson Jose Castaneda tells The Verge<\/em>. \u201cRecently, our security team informed employees using Zoom Desktop Client that it will no longer run on corporate computers as it does not meet our security standards for apps used by our employees. Employees who have been using Zoom to stay in touch with family and friends can continue to do so through a web browser or via mobile.<\/p>\n\n\n\n

Appearing before a background that said \u201cwe care\u201d over an image of a heart-shaped planet Earth, Zoom CEO Eric S. Yuan said Sunday on CNN<\/a> Said despite the company\u2019s recent security problems, its \u201cintentions are good.\u201d<\/p>\n\n\n\n

\u201cWe moved too fast… and we had some missteps,\u201d Yuan said in an interview with CNN\u2019s Brian Stelter. \u201cWe\u2019ve learned our lessons and we\u2019ve taken a step back to focus on privacy and security.\u201d<\/p>\n\n\n\n

Yuan earlier told the Wall Street Journal <\/em><\/a>that he \u201creally messed up as CEO\u201d and that he felt \u201can obligation to win the users\u2019 trust back.\u201d<\/p>\n\n\n\n

Yuan\u2019s mea culpae<\/em> follow a tumultuous few weeks for the videoconferencing platform. Zoom has seen its usage increase dramatically as people confined to their homes due to the COVID-19 pandemic have used it to stay in contact and conduct work and school. Yuan said in an April 1st blog post<\/a> that the company reached 200 million daily meeting participants in March, up from 10 million in December.<\/p>\n\n\n\n

\"\"
Take your Startup to the next level with ANC Startup Accelerator<\/figcaption><\/figure>\n\n\n\n

Zoom has been the target of harassment, known as Zoombombing<\/a>, where unwanted guests invade a meeting. And it\u2019s been riddled with security issues<\/a>, to the point that the company announced April 2nd it was pausing feature updates for 90 days<\/a> to focus on privacy and security.<\/p>\n\n\n\n

We are ANC Stock Investment Ltd and we Invest for the Future. <\/p>\n","protected":false},"excerpt":{"rendered":"

The ban on the usage of video conferencing application Zoom by Indian citizens…………..<\/p>\n","protected":false},"author":2,"featured_media":241,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"content-type":"","inline_featured_image":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[10],"tags":[28,16,14,11],"series":[],"ppma_author":[464],"class_list":["post-238","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-stock","tag-anc-stock-investment-ltd","tag-investment","tag-startup","tag-stock"],"yoast_head":"\nSupreme Court Seeks to Ban Zoom App Over Privacy Concern. - ANC Blog<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/ancstockinvestments.com\/blog\/2020\/05\/23\/supreme-seeks-to-ban-zoom-app-over-privacy-concern\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Supreme Court Seeks to Ban Zoom App Over Privacy Concern. - 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