Zoom acquires Keybase


Zoom announced that Keybase has been acquired by ZOOM, a startup with encryption expertise. So far Purchase price has not been revealed.
Keybase one of the main company that building encryption products for several years including secure file sharing and collaboration tools. The main reason that Zoom acquired Keybase to get end-to-end encryption for its video calls. That will increase security credibility for Zoom. Zoom faced a shortage of security credibility at the demands of videos within the pandemic period.
The company has faced many of security issues in the last couple of months as demand as climbed and exposed some security weaknesses in the platform. As the company has stepped on to address these issues and decided to have a team of encryption experts on staff who should help the company build a more secure product.
Announcement of the deal is in a blog post, CEO Eric Yuan said they acquired Keybase to give customers a higher level of security. Security is  increasingly important to enterprise customers as more operations are relying on the Zoom platform, working from home during the pandemic.
“This acquisition marks a key step for Zoom as we attempt to accomplish the creation of truly private video communication a platform that can scale to hundreds of millions of participants, while also having the flexibility to support Zoom’s wide variety of uses,” Yuan wrote.
He added that tools will be introduced for all paying customers as soon as it is incorporated into the product. “Zoom will introduce an end-to-end encrypted meeting mode to all paid accounts. Logged-in users will generate public cryptographic identities that are stored in a repository on Zoom’s network and can be used to establish trust relationships between meeting attendees,” he wrote.
With the agreement of the deal, the Keybase will become a subsidiary of Zoom and co-founder and Max Krohn will lead the Zoom security engineering team and he will be reporting directly to CEO Yuan to help build and improve the security product. All Keybase employees almost two dozen will become Zoom employees. The majority of them are security engineers.
There is no clear picture of what would happen to Keybase’s products, but the company said Zoom is working with Keybase to figure that out.
Keybase was established in 2014 and has built up almost $11 million according to Crunchbase data.




Comments

Post a Comment

Popular posts from this blog

5 Great Reasons To Connect Solar Power

Simply put, 'Sun oriented energy' is vitality that is gotten from the sun. Our sun is a bottomless wellspring of vitality; it gives of warmth and light. The sun's been respected by a few societies of the past and even by a couple of societies despite everything present today. The antiquated Egyptians even adored the sun as a God. All said and done, it was not lost regard; the sun absolutely is a plentiful and boundless wellspring of intensity, at any rate for a few ages to come; the benefits for utilizing its sunlight based vitality are various. It's free Each morning with each daybreak, the sun-powered vitality discharged by the sun comes separated through our air giving light and assisting with emanating heat. This has been going on for many years, yet it is as of late that we have started to benefit from this plentiful wellspring of practically unending force. In the past, the Greeks and the Egyptians have been known to saddle the intensity of the
Read more

Microsoft Mesh is the platform that Microsoft is creating for a virtual office in augmented reality

Image
  Microsoft Mesh, the next great service from Microsoft. Using increased reality and high-speed Internet connections, they imagine  an improved reality platform where virtual meetings stop being only on screens  and jump into the 3D world to have virtual human and objects in the environment in which we find ourselves. This is one of the latest innovations introduced by  Microsoft in the field of augmented reality  and is rather an idea of ​​ what they hope to create in the near future. Microsoft shows a multitude of examples where Microsoft Mesh is useful in a first demonstration video. Please use this link to watch Introducing Microsoft Mesh . For example, in the video, we can see how it  can be especially useful for work team meetings .  In these situations, it is typically around a table with a virtual product such as a model of a building or the flight path of an airport. Microsoft also proposes its  use for academic learning,  for example, with a teacher or tutor sitting ne
Read more

Crypto Wallet

Image
Coin wallets are digital wallets designed to securely store cryptocurrencies such as Bitcoin, Ethereum, and others. They provide a convenient and secure way for individuals and businesses to store, manage, and transfer digital assets. In this article, we'll discuss the different types of coin wallets and the key features to look for when choosing a wallet. Types of Coin Wallets Crypto Wallet There are several types of coin wallets, including: Hot Wallets: Hot wallets are connected to the internet and are considered less secure than cold wallets. Examples include online exchanges and mobile wallets. Cold Wallets: Cold wallets are not connected to the internet and are considered to be the most secure type of wallet. Examples include hardware wallets and paper wallets. Software Wallets: Software wallets are digital wallets that run on your computer or mobile device. They can be either hot or cold, depending on their connection to the internet. Key Features to Look for in a Coin Wallet
Read more