Zoom misses its deadline to publish the first transparency report
Video conferencing app Zoom missed its own deadline to publish its first transparency report. The video conferencing giant previously said it would release the number of government demands it has received by June 30. But the company said it’s missed that target and has given no firm new date for releasing the figures. It comes amid heightened scrutiny of the service after several security and privacy concerns came to light
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The US plans a crackdown on the Chinese technology companies
The US Secretary of State, Mike Pompeo said in a statement that Chinese apps like TikTok and WeChat pose "significant threats to the personal data of American citizens". Wednesday's announcement marks a further deterioration in relations between Washington and Beijing. President Donald Trump hinted at a potential ban on apps like TikTok in order to safeguard the security of American users
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BBC
Tencent adds $200 billion this year, now bigger than Facebook
China’s gaming and social media giant Tencent is now more valuable than Facebook, Tencent’s market capitalization has surpassed Facebook’s following a huge rally in the Chinese firm’s shares this year. The total value of publicly traded shares of the Chinese gaming and social media giant that owns WeChat stood at $664.50 billion at around 3:07 p.m. Singapore time. Meanwhile, Facebook’s market cap totaled $656.15 billion as of Tuesday’s close
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CNBC
Microsoft and Zoom joins Google, Facebook, and Twitter in Hong Kong data pause
Microsoft and Zoom have said they will not process data requests made by the Hong Kong authorities while they take stock of new security law. They follow Facebook, Google, Twitter, and the chat app Telegram, which had already announced similar "pauses" in compliance over the past two days. China passed the law on 30 June, criminalizing acts that support independence. Apple says it is "assessing" the rules
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BBC
Mukesh Ambani takes on Zoom with JioMeet
Mukesh Ambani takes on Zoom with JioMeet
India’s richest man, Mukesh Ambani is now targeting popular video conferencing app Zoom. India’s Reliance Jio Platforms, which recently concluded a $15.2 billion fundraise run, is ready to enter a new business: Video conferencing. Reliance Jio officially launched JioMeet on Thursday, its video-conference service that looks uncannily like Zoom. JioMeet offers unlimited number of free calls in high definition to users and supports 100 participants on a call
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