(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.“Clearly the Zoom platform is providing an incredibly valuable service to our beloved users during this challenging time,” Yuan said. “We are thrilled and honored to continue to earn the trust of so many enterprises, hospitals, teachers and customers throughout the world.”Zoom’s shares rose about 5% Wednesday to $150.25 at the close of New York trading. The stock has more than doubled so...
Bill Baruch, President of Blue Line Futures, joined Yahoo Finance's Jen Rogers, Myles Udland, Melody Hahm, and Dan Roberts to discuss the state of oil after this week's historic crash. ...
Some 50 million barrels of Saudi oil are on their way to the United States and due to arrive in the coming weeks, threatening to send historically low oil prices even lower...
On Tuesday, Facebook announced a $5.7 billion deal with Jio Platforms, India’s largest online platform. Yahoo Finance’s Akiko Fujita joins The Final Round to discuss the details of the American tech giant’s largest foreign investment....
