Zoom tops 300 million users as ban list grows
Zoom video conferencing app’s user base grew by another 50% to 300 million in the last three weeks, as the company fought to quell a backlash around security and safety that has seen a number of governments and firms ban its applications.
Chief executive Eric Yuan gave the numbers late on Wednesday 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.
Zoom shares closed up nearly 5% in New York, and at US$150.25 are now back close to peaks close to $160 hit last month before the security row erupted.
German carmaker Daimler was the latest company on Thursday to say it had banned use of Zoom for all corporate content until further notice.
“There are some reports about security gaps and challenges regarding data protection of Zoom,” Mercedes-Benz Cars spokesperson Christoph Sedlmayr said.
“This does not comply with the security requirements of our company. Therefore, we can confirm that Daimler prohibits the use of Zoom for corporate content until further notice.”
Bloomberg News also reported wireless technology firm NXP had banned the app’s use with external parties, and that employees at Sweden’s Ericsson had been advised not to use it.
That adds to a list that also includes many schools around the world, Elon Musk’s venture SpaceX, Asia-focused bank Standard Chartered as well as governments in Germany, Taiwan and Singapore.