Zig-zagged

11 June 2020 By Sharon Lam Follow @sharonlamhk

The $62 bln videoconferencing firm temporarily suspended a U.S.-based Chinese activist account after it held an event commemorating Tiananmen Square. The incident hasn’t dented Zoom stock, up 200% this year. But like ByteDance, Zoom may need to hive off China operations somehow.

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Zoom Video Communications temporarily shut the account of a group of U.S.-based Chinese activists after they held an event to commemorate the 31st anniversary of China’s Tiananmen Square crackdown, Reuters reported on June 11.

Zoom said the U.S.-based account had been suspended but has now been reactivated. “We strive to limit actions taken to those necessary to comply with local law…We regret that a few recent meetings with participants both inside and outside of China were negatively impacted and important conversations were disrupted,” a Zoom spokesperson said in an emailed statement to Breakingviews. “It is not in Zoom’s power to change the laws of governments opposed to free speech. However, Zoom is committed to modifying its processes to further protect its users from those who wish to stifle their communications,” it continued.

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