
Zoom Updates Its Terms of Service, Promising Not to Use Customer Data to Train AI without Their Consent
In response to criticism of its updated Terms of Service, Zoom stated it does not train its AI tools “without customer consent.”
In response to criticism of its updated Terms of Service, Zoom stated it does not train its AI tools “without customer consent.”
Zoom was amongst the companies that rode on the lockdown enactments of the coronavirus pandemic to boost its business model. The company inked its biggest market valuation in 2020 in the heat of the pandemic with its capitalization topping $159 billion in October of the same year.
According to Zoom, the initiative demonstrates its goal to be a trustworthy platform that provides a safe online environment where users are protected against online threats.
Zoom shares went up over 60% in the past year owing to the Covid-19 pandemic but they dropped 20% in the past three months.
Although Zoom stock is now experiencing hard times, it still holds a Zacks #1 Rank, which is a Strong Buy. Besides, Robert W. Baird analyst William Power is also maintaining a Buy rating on Zoom Video Communications. On Wednesday, he set a price target of $550.00 for Zoom shares.
As per Zoom, the offering is “subject to market and other conditions, and there can be no assurances as to whether or when the proposed offering may be completed.”
The year-to-date growth of Teladoc stock has totaled 129.41%. Yesterday, it rose by 1.94% and closed at $192.06. In the pre-market, TDOC stock slightly declined to $191.00. Its market cap is $14.3 billion.
Zoom’s Q1 earnings far outnumbered analysts’ expectations, appeasing investors and leading to Zoom stock surge. In pre-market today, Zoom (ZM) stock has jumped by 1.88% to $212.00.
The future for Zoom and airlines will be unknown as the economy can change in any direction. Today Zoom market cap is close to the market cap of 7 biggest airlines taken together.
Zoom (ZM) stock price has risen in the last trading session as Facebook introduced Messenger Rooms that is a drop-in video chat,
Zoom has announced an acquisition of Keybase. In the nearest future, Zoom is planning to provide an end-to-end encrypted meeting mode to all paid accounts. Keybase, for its part, will offer its help to Zoom to develop new capabilities for its platform. ZM stock is rising.
Zoom (ZM) stock is in the red. It happened after Google’s recent announcement that it is making its Meet free for everyone.
Microsoft sees Zoom as a massive threat. Zoom is functional. But its security and privacy remain rather questionable. Microsoft can use such a situation in its own interests. Meanwhile, yesterday MSFT stock gained 1%.
Zoom Video Communications (ZM) stock price lost $9.19 approximately 7.48% on April 8. The fall is being attributed to the class-action lawsuit. Zoom is being sued for not disclosing privacy security flaws.
Facebook (FB) stock price was rising today in the pre-market. The company now wants to become a serious rival for Zoom.