Zoom stock soars as institutions move online amid coronavirus outbreak
The video conferencing app Zoom has garnered millions of users in a matter of weeks, becoming the primary social media network for students who are attending online lectures hosted on the app. The company, founded by 50-year-old Eric Yuan, has seen its stock shoot to 160 USD per share as the app's popularity increases day by day. The app is free to use with payments for premium features.
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After WeChat ban, some Chinese are shifting to an encrypted app 'Signal'
President Donald Trump’s executive order banning American use of WeChat, the most popular app in China, takes effect next month, but some in China are already turning to an American app renowned for its privacy protections. Downloads for Signal, an encrypted chat app that privacy advocates generally regard as best-in-class for everyday use, are spiking in China, a spokesperson for the app said Friday
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CNBC
Facebook takes down Trump’s post about the immunity of kids and coronavirus
Facebook took down a video President Trump posted to his account Wednesday, citing its rules against false claims about the coronavirus. The post in question was a video clip from a Fox News segment from Wednesday morning in which the president makes the unsubstantiated claim that children are “almost immune” to COVID-19
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Techcrunch
Tim Cook defends App store commission structure in testimony
Apple CEO Tim Cook defended the company’s App Store commission structure in his sworn testimony before the House Antitrust Subcommittee on Wednesday. He claimed the majority of the apps pay no commission at all, with others paying either 15 or 30 percent, based on the specifics of their particular situation
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Techcrunch
The Global ‘App War’
The Global ‘App War’
Nations and companies around the world are being forced to pick a side between the US-China technology war. The latest casualty is TikTok, a popular video app with more than a billion users. The app is owned by a Chinese company Bytedance. TikTok was blocked in India after a heated border clash with China. Then, on Monday, US authorities said they would look at banning the app
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CNN