Zoom users to get $15 or $25 each in proposed settlement of class-action lawsuit.
  • yxziOP
    13·
    3 years ago

    I’m afraid $85M are peanuts in relation to the revenue Zoom made owing to the pandemic.

    /edit: it even states at the end of the article how much money they made

    • Helix
      9·
      3 years ago

      /edit: it even states at the end of the article how much money they made

      At the end of the part of the article. If anyone doesn’t want to search for it:

      With the pandemic boosting its videoconferencing business, Zoom more than quadrupled its annual revenue from $622.7 million to $2.7 billion in the 12 months ending January 31, 2021. Zoom also reported $672 million in net income for the 12-month period, up from $25.3 million the previous year. Zoom is on pace for even better results this year, having reported Q1 (February-April) revenue of $956.2 million and net income of $227.5 million.

  • Niquarl
    10·
    3 years ago

    Can you get it on the lawsuit? Had to use Zoom for school…

    Is it restricted to users in the USA?

  • roastpotatothief
    7·
    3 years ago

    Does any service provide end to end encryption for group video chats? There was a jitsi blog post a while ago saying it’s not possible with the state of the art technology, but they are trying to develop something novel to make it work.