Zoom Acquires Keybase to Strengthen End-to-End Encryption
In a strategic move to address growing security concerns, Zoom has acquired encryption specialist Keybase. The deal brings critical expertise in secure file sharing and collaboration tools to the video conferencing giant as it navigates unprecedented demand during the pandemic.
Key highlights of the acquisition:
- Keybase becomes a Zoom subsidiary
- Co-founder Max Krohn will lead Zoom’s security engineering team
- Direct reporting structure to CEO Eric Yuan
This acquisition comes after multiple security vulnerabilities were exposed in Zoom’s platform as usage skyrocketed in recent months.
Uber Invests $170M in Lime, Transfers Jump Business
Uber has finalized its $170 million investment in Lime, confirming earlier reports. As part of the deal:
- Lime acquires Uber’s micro-mobility subsidiary Jump
- Both apps will remain operational for now
- Future integrations between Uber and Jump services planned
This strategic move strengthens Uber’s position in the competitive micro-mobility market while streamlining its operations.
Apple’s 13-inch MacBook Pro Gets Keyboard Upgrade
The latest 13-inch MacBook Pro completes Apple’s keyboard overhaul across its laptop lineup. Key improvements include:
- New scissor-switch mechanism (dubbed “Magic Keyboard”)
- Significant reliability improvements over previous butterfly keyboards
- Maintains the familiar form factor with enhanced typing experience
Nintendo Switch Sales Surge During Pandemic
Nintendo reports impressive sales figures:
- 21 million Switch units sold in past year (exceeding 19.5M forecast)
- 6.2 million units of the budget-friendly Switch Lite
- Demand fueled by Animal Crossing popularity and stay-at-home orders
The company continues facing supply chain challenges due to COVID-19 disruptions.
Digital Media Faces Ad Revenue Crisis
Industry leaders brace for significant revenue declines:
- Bustle Digital Group anticipates 35% Q2 ad revenue drop
- Original \(120-125M revenue projections revised to \)75-90M
- Publishers exploring alternative revenue streams (Extra Crunch membership required)
Apple Funds COVID-19 Test Kit Production
Apple’s $10 million grant from its Advanced Manufacturing Fund will:
- Support COPAN Diagnostics’ production scaling
- Increase availability of COVID-19 sample collection kits
- Mark a rare diversion from Apple’s typical supply chain investments
Sonos Expands Product Lineup
The audio company unveiled three new premium speakers:
- Sonos Arc soundbar with Dolby Atmos support
- Next-generation Sonos Sub
- Sonos Five (successor to Play:5)
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