

TechCrunch A vulnerability in the Mac client for popular web conferencing app Zoom may allow any website to join a video call without permission, writes software engineer and security researcher Jonathan Leitschuch. The company joins a growing list of tech unicorns making the leap to the public markets in 2019, but it stands out for one very important reason: Its actually profitable. TechCrunch Zoom, the video conferencing startup valued at 1 billion in early 2017, has filed to go public on the Nasdaq as soon as next month. The company has also announced plans to sell 100 million in Class A shares to Salesforce Ventures at the initial public offering price.
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It also announced a significant update to the product that includes the ability for customers and third parties to build applications on top of the Zoom platfor See more Forbes What is an entrepreneur to do when he starts a company, sells it to a giant, then suffers as the new parent spoils the child If youre Eric Yuen you leave Cisco Systems and start Zoom - a fast-growing Sequoia-backed videoconferencing startup TechCrunch Zoom, the developer of video conferencing software, plans to list its shares on the Nasdaq under the ticker symbol ZM at between 33 and 35 apiece, per an updated S-1 filing. The company now boasts a 1 billion valuation, putting it in the vaunted unicorn club.
