Excellent Article Re: The Surge in ZOOM Use

(Bloomberg) – Zoom Video Communications Inc. has been lambasted for its security flaws, but the backlash hasn’t slowed growth. The company reported a 50% surge in use of the online meeting application in the past three weeks.

On April 21, more than 300 million people used Zoom’s flagship videoconferencing app, up from about 200 million on April 1, Chief Executive Officer Eric Yuan said Wednesday during a webinar focused on security. While some companies and school districts have dropped the app, Zoom’s response has reassured investors and sent shares climbing.

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https://finance.yahoo.com/news/zoom-daily-users-surge-300-21…

P.S.: Mahalo nui loa Saul for all that you (and other contributing posters) do. Aloha!

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[Zoom] reported a 50% surge in use of the online meeting application in the past three weeks. On April 21, more than 300 million people used Zoom’s flagship videoconferencing app, up from about 200 million on April 1

And, as the article points out, up from just 10 million daily users before the virus.

Saul

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I work for a large bank. We initially said we were looking at Zoom. Then the security issues came out and we announced that no meetings could be held over Zoom where client information was discussed. Now just today our CTO said that we are about to come out with an announcement on increasing our usage of Zoom. It sounded like we might be heading towards making it our primary provider for video (we currently use WebEx). Hopefully others who had concerns about ZM security will do the same.

Long ZM

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On April 21, more than 300 million people used Zoom’s flagship videoconferencing app, up from about 200 million on April 1

Thanks WilliamDuer, you posting that link impelled me to add to my Zoom in the pre-market today, and Zoom is already up about $8 my that purchase price. That’s what our board is about, helping each other to be aware of what’s going, and to understand our companies’ progress. I appreciate your help.

Saul

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