Read on Twitter
Zoom issued its IPO in March 2019. The lawsuit is from one of its shareholders - seeking a class action. https://twitter.com/Reuters/status/1247835475701874689
Apparently, stockholders were expecting a strong company launch, not revelations of security problems, such as, maybe, the encryption keys BEING RUN THROUGH BEIJING.
Interesting. The allegations are that Zoom's encryption "problems" were known almost a year ago...but are just emerging now. A lot.
750,000 potential cases of insider trading/theft of trade secrets - plus God-knows-what at DOJ, DHS, and DOE - would be quite a risk to disclose to investors and the general public, if true.
Wait - Zoom is allegedly sending unique identifying information to Facebook even on users that don't *have* a Facebook account? For advertising purposes?
Tech needs as much regulation as nuclear power plants.
Critical infrastructure, dangerous if mishandled, and a target for foreign adversaries.
Well, Congress, hop to it. </>
Critical infrastructure, dangerous if mishandled, and a target for foreign adversaries.
Well, Congress, hop to it. </>
