Zoom Adds End-to-End Encryption to Free Calls

Zoom introduces a highly anticipated feature, albeit with certain limitations, TikTok establishes a partnership with Shopify, and Jack Dorsey prepares to present his case at tomorrow’s Senate hearing. This is your Daily Crunch for October 27, 2020.

Key development: Zoom implements end-to-end encryption for all users

Zoom faced criticism earlier this year regarding its initial plan to reserve end-to-end encryption exclusively for paying subscribers. The company now announces that free users will also gain access to this option, beginning with Zoom version 5.4.0 on both desktop and mobile platforms.

However, several conditions apply. Utilizing end-to-end encryption within a free meeting will disable functionalities such as cloud recording, live transcription, and meeting reactions. Furthermore, joining the call via telephone will not be possible.

Additionally, users will be required to submit a phone number and billing details. The Zoom application itself must be used, as joining through a web browser will not be supported.

Major technology companies

TikTok and Shopify collaborate on social commerce — This new arrangement enables Shopify merchants to create, manage, and refine their TikTok marketing initiatives directly from within the Shopify interface.

Jack Dorsey’s strategy for defending Twitter at tomorrow’s Senate hearing concerning Section 230 — In his prepared statement, the Twitter CEO characterizes Section 230 as “the most crucial law for online free expression and safety” and highlights the potential repercussions should this vital legal protection be revoked.

Microsoft’s stock remains stable despite surpassing earnings expectations and demonstrating robust Azure growth — During the quarter concluding September 30, Microsoft reported revenues of $37.2 billion and a per-share profit of $1.82.

Startups, investment, and venture capital

Innovative skincare, spider-free silk, and utilizing pollution: Discover the biotech startups presenting at IndieBio’s Demo Day — Since its inception in 2015, IndieBio has offered resources to entrepreneurs tackling complex issues through biotechnology, spanning areas like alternative proteins and sustainability.

SpaceX releases the Starlink app and details pricing and service information for initial beta testers — SpaceX states that the cost for participants in this beta program will be $99 monthly, along with a one-time hardware fee of $499.

SimilarWeb secures $120M in funding for its AI-powered market intelligence platform for websites and applications — The company intends to expand through both acquisitions and internal research and development, with a focus on delivering enhanced analytics services to larger organizations.

Insights and analysis from Extra Crunch

Five startup concepts poised to reshape the 2020s — Danny Crichton identifies five key areas: wellness, climate, data society, creativity, and foundational technologies.

Ten standout startups from Techstars’ October 2020 cohort — These ten selections were chosen from the Atlanta, Los Angeles, and New York City groups, as well as its accelerator program in partnership with Western Union.

(Please note: Extra Crunch is our subscription service designed to broaden access to startup information. You can register here.)

Other news

First impressions: Sony’s DualSense PS5 controller has the potential to revolutionize gaming — The key question is whether game developers will fully utilize the controller’s advanced haptic feedback and audio capabilities.

T-Mobile introduces new TVision streaming packages, with prices starting at $10 per month — The company is launching streamlined bundles of live television and streaming services to provide a competitive alternative to traditional, costly cable subscriptions.

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