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RIP Windows 10 Mobile: Microsoft finally admits its troubled operating system is dead Read more

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Microsoft is no longer developing new features and hardware for Windows 10 mobile as the operating system is officially placed into servicing mode.

According to a series of tweets, Microsoft’s Corporate Vice President in the Operating Systems Group Joe Belfiore revealed the system would just fix bugs and do security updates for existing users.

At the end of last month, Microsoft co-founder Bill Gates revealed he is using an Android phone, although it does have ‘a lot of Microsoft software’.

Microsoft started gutting its phone business last year, making thousands of job cuts.

It also decided to drop the company’s mantra ‘mobile-first, cloud-first’.

One key problem for the company was the lack of apps on the mobile platform.

 At the end of last month, Microsoft co-founder Bill Gates revealed he is using an Android phone, although it does have 'a lot of Microsoft software'

Belfiore tweeted; ‘We have tried VERY HARD to incent app devs. Paid money.. wrote apps 4 them.. but volume of users is too low for most companies to invest’.

‘Of course we’ll continue to support the platform.. bug fixes, security updates, etc. But building new features/hw aren’t the focus’.

In August Belfiore revealed he uses the Microsoft Edition of Samsung Galaxy S8 and switched to Android for better apps and hardware.

It seems the company will focus more on multi-device and cloud-powered technologies that do not always involve Windows, writes The Verge.

In an attempt to hold a spot on mobile, Microsoft has bought the Windows 10 PC browser, Edge to Android and iOS.

The browser allows users to share websites, apps, photos and other information between phones and Windows PC.

Facebook’s hugely popular Messenger app was cut from a huge number of Windows phones in March this year.

The messaging service said it would no longer run on any of Microsoft’s smartphones using the Windows 8.1 operating system, or any of its earlier systems – which is estimated to be 76 per cent of Windows users.

Customers were informed of the change by an email from Facebook.

‘Thank you for choosing to use Messenger,’ the email reads.

‘We regret to inform you that at the end of March, the app version you’re using is no longer supported and you can not send and receive messages.

Microsoft started gutting its phone business last year, making thousands of job cuts and the decision to drop the company's mantra 'mobile-first, cloud-first'

Microsoft started gutting its phone business last year, making thousands of job cuts and the decision to drop the company’s mantra ‘mobile-first, cloud-first’

At the end of last month, Microsoft co-founder Bill Gates revealed he is using an Android phone, although it does have ‘a lot of Microsoft software’

‘To continue to send and receive messages from Facebook on your phone, update your Facebook app to the latest version.’

Phones affected by the withdrawal include the Microsoft Lumia 640, 640 XL and the Lumia 535.

Skype and WhatsApp had also withdrawn their services from phones run on Windows.

The operating system dipped to a 0.3 per cent of the market share by the end of Microsoft’s third financial quarter in 2016.

Critics have claimed that the apps available on Windows phones pale in comparison to their iOS and Android counterparts.

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Crisis Deepens as Nissan Issues Fresh Profit Warning Again

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The woes of the Japanese car giant looks to have deepened by the newly issued profit warning by Nissan while it seeks to recover from Carlos Ghosn’s arrest 

The firm had second cut in its forecast within few months by downgrading its projection for net profit in the fiscal year to March 2019 from 410-billion yen ($3.7-billion) to 319-billion yen.

Nissan appeared to acknowledge the recent difficulties surrounding the Ghosn affair, which has cast questions over the company’s own corporate governance.

Reasons for the downgrade are:

“the adverse operating environment facing the company during the fourth quarter, and the impact of recent corporate issues on sales.”

 “additional expenses arising from the implementation of a warranty extension campaign covering certain vehicles sold in the US market.”

The profit warning came as ex-chairman Ghosn awaits his fate after prosecutors hit him with a fourth set of charges over alleged financial misconduct.

 

In February, Nissan already slashed its full-year forecast, as it revealed that nine-month net profit had dropped 45 percent — a decline the firm blamed on rising raw material costs and foreign exchange difficulties.

It was forced to downgrade its net profit forecast for the fiscal year to March to 410 billion-yen, compared to 500-billion yen earlier.

 

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I’ve always wondered, Why do billionaires buy media empires?

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An article by Jordan Murray

Although the financial situation for newspapers remains less than ideal, billionaires continue to invest in print media for their institutional worth, with aims to make publications self-sufficient.

If you had $190 million to spare, what would you spend it on?

If you’re Marc and Lynne Benioff, you’d buy a media empire. The flamboyant CEO of Salesforce and his wife purchased the publication from Meredith Corporation a few weeks ago, quickly distancing themselves from the magazine’s editorial direction.

It was a decision that was made, Marc admits, without much forethought, and its spontaneity is as much a product of his outsized personality as it is of his wealth. Indeed, the large cash infusion represents a boon for Time, but represents only around three per cent of the Benioff’s net wealth. It’s endemic of a larger trend in business of high-earning CEOs bankrolling print media to insulate cultural institutions from economic and technological changes.

Marc Benioff, CEO of Salesforce

Marc Benioff, CEO of Salesforce

While many are grateful for Benioff’s financial infusion, others are suspicious of his motives and the pressures he might exert on the newspaper’s editorial position. For his part, Benioff has moved to assuage those concerns, with Time’s chief content officer Alan Murray saying the Benioffs were willing to “put journalistic integrity ahead of corporate gains”.

Otherwise, Benioff’s purchase of Time appears to be an effort to preserve the periodical, as opposed to turning it into a vehicle for his political views. That hasn’t comforted some sceptics though, who have witnessed the financially precarious situation that arises when business leaders expect returns on their investments.

Why would anybody buy a newsroom?

It’s easy to compare billionaires with an interest in media empires to Charles Foster Kane, Orson Welles’ ruthless newspaper magnate. The truth is often more complex than that. Some CEOs, like Jeff Bezos, purchase flagging institutions not out of pity but out of a profit motive. Bezos, after all, was initially unmoved at the prospect of purchasing a business that haemorrhaged money and that he didn’t know much about.

However, he saw the opportunity as having a greater sense of rightness to it. “If this were a financially upside-down, salty snack food company, the answer would be no,” Bezos reasoned, “But as soon as I started thinking about it that way, I started to realize The Washington Post is an important institution.”

“If this were a financially upside-down, salty snack food company, the answer would be no,” Bezos reasoned, “But as soon as I started thinking about it that way, I started to realize The Washington Post is an important institution.”

Nowadays, The Washington Post is profitable, thanks to Bezos’ technological direction as much as his financial contributions. He has remained outside the newsroom, and has instead focused on the newspapers’ economic situation, preferring not to think of his contribution as a “philanthropic endeavour”.

A comparable situation arose for Laurene Powell Jobs, when her Emerson Collective purchased The Atlantic in July 2017, saying that “there’s a door between Emerson and the Atlantic, but it only swings from the Atlantic into Emerson; it doesn’t open in the other direction”.

Like Bezos’ approach, the emphasis wasn’t on editorial direction as much as it was on improving the economic function of the publication itself, which Jobs managed to do. Although the financial situation for newspapers remains less than ideal, billionaires continue to invest in print media for their institutional worth – an often-achievable goal, as newspapers are relatively inexpensive investments – with aims to make the publications self-sufficient.

Laurene Powell Jobs

Laurene Powell Jobs

Do things always work out?

In contrast to those two particularly fortunate cases, other entrepreneurs aren’t quite as committed to the outcomes of their chosen publication, quickly losing patience with their investment and becoming eager to rid themselves of it.

Perhaps the most notorious example of this is Joe Ricketts, whose purchase of Gothamist prefaced an attempt to merge the idiosyncratic vehicle for snark and culture with his own New York-centric outlet, DNAInfo. The arrangement lasted for only eight months, in which time both newsrooms complained about mismatched agendas. When the staff of both publications attempted to unionise, Ricketts simply shut both down and walked away from the situation.

Similarly, Peter Barbey purchased The Village Voice in 2015 promising that he was “flat-out serious about getting The Voice to be a major Manhattan publication”. Three years later, he unceremoniously shut down printing, citing “business realities”.

Such billionaire investments in newspapers are met with suspicion by the journalists who work for them not because they portend maleficent editorial direction, but because they often become more accountable to the economic concerns of one person. Much like any other business, if there isn’t a model for self-sufficiency to work towards, that often means that the end is in sight.

Much like any other business, if there isn’t a model for self-sufficiency to work towards, that often means that the end is in sight.

So, what happens next?

In conversation with CNBC, Joshua Benton, director of Nieman Journalism Lab at Harvard, cited several reasons for why billionaires choose to become involved in media, including “a mixture of … sincere appreciation of the art form, … a desire to see it flourish … [!and!] a sense of civic responsibility”.

Moreover, the chance for growth in an industry that has struggled to adapt to digital distribution is immense and has proven profitable under the right leadership. Ultimately, the emphasis isn’t about establishing a vehicle for personal retribution. It’s about product differentiation and, eventually, financial returns.

It’s not difficult to appreciate how Benioff views the matter; he believes that there are two types of CEOs, those committed to improving the state of the world, and those who are not.

When he purchased Time, he was acting on that impulse, believing that print journalism deserved attention. It doesn’t mean he’s prepared to throw away a significant sum of money. It means that he’s willing to help a beleaguered industry through challenging times, with the sort of leadership and business expertise only an eccentric, carefree CEO can bring.

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