Zoom, which has seen explosive growth in use of its videoconferencing service in recent weeks, will stop adding features for three months as it addresses privacy and security issues, CEO Eric Yuan wrote in a blog post Wednesday. Yuan also promised to be more transparent regarding law enforcement data requests.
Allied Market Research analysts predict that mobile banking will grow 12.2% during the next five or six years, becoming a $1.82 billion market. More banks and tech companies are introducing the apps and improving their security, and customers are drawn to them for convenience, as well as the way they enable social distancing during the coronavirus outbreak.
The unveiling of a Ring device called the Doorbox is thought to be imminent, and it might happen before the Ring Video Doorbell 3 is rolled out. Little information is available beyond a leaked photo showing a boxy device whose uses could include storing spare keys.
App downloads have surged during the coronavirus outbreak as people work and study from home, Sensor Tower reports, and spending in the area before 2024 is likely to hit $171 billion, more than twice the 2019 amount. Revenue from non-gaming apps will also probably overtake that from those focused on games, with social networking, lifestyle, music and entertainment the lead categories.
Doctors are taking to social media sites like TikTok and Twitter to get out the facts about the pandemic and to counteract the disinformation that has become rampant. Informative musical numbers and professional support groups are among the online resources medical professionals are using.
Perfect Corp. is offering beauty brands free augmented reality services during the coronavirus pandemic to help them engage with consumers practicing social distancing. Brands can benefit from free product listings in the YouCam Makeup app, free licensing for YouCam's AR training service and access to virtual try-on experiences via YouCam for Web.
The COVID-19 Bundle has gone live on Humble Bundle for one week, offering gamers the chance to purchase $1,000 worth of games and comics for a discounted $30. All funds will go toward coronavirus relief efforts, including those providing protective gear for health care workers on the front lines.
Snapchat is launching App Stories, which enables marketers to integrate their 24-hour videos into apps offered by third-parties such as Triller, Squad, Hily and Octi. Snapchat users will also be able to share Stories' content to other platforms and communities.
Apple has asked some store employees to transition to tech support roles under the AppleCare program while the stores are closed. Employees who opt not to do the temporary work-from-home jobs will still receive their full pay and benefits while stores remain shuttered, the company said.
Researchers at MIT are working to develop a device that would capture terahertz waves -- an untapped form of energy produced by any entity with a temperature, including electronics and people -- and use them to charge electronics and even medical implants. A patent for the "high-frequency rectification" system has been filed.
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