economic challenges Archives

Winsage

November 2, 2024

Why You Should Buy A New Microsoft Windows PC In 2025

Microsoft has announced that Windows 10 will not reach its end-of-life in October 2025 as previously anticipated. Users will have the option to extend their security updates for an additional year at a cost, with the final deadline now set for October 2026. Recent reports indicate a modest growth of 1.3% in global PC sales in the third quarter, while IDC noted a year-over-year decline of 2.4%, totaling 68.8 million traditional PC shipments. Manufacturers are hoping for a surge in sales as consumers rush to purchase new machines before the October 2026 deadline. Microsoft emphasizes the enhanced security features of Windows 11, which include hardware-based protection and improved defenses against cyber threats.

Winsage

October 13, 2024

Microsoft Update Deadline—New Windows Security Nightmare Is Slowly Coming True

- Windows 10 will cease support in October 2025, affecting 900 million users. - 240 million PCs currently in use cannot run Windows 11 due to hardware limitations. - Worldwide shipments of traditional PCs fell by 2.4% year-over-year in Q3 2024, totaling 68.8 million units. - Only 130 million Windows 10 users have switched to Windows 11 over the past year. - Enterprise users are expected to drive PC purchases in 2025, while home users face challenges in upgrading. - Microsoft has suggested that 50 million users on older operating systems consider purchasing new hardware to upgrade.

AppWizard

August 31, 2024

WhatsApp novelists use messaging app to write and sell books in Zimbabwe

Kingston Dhewa is a fruit and vegetable vendor in Budiriro 5, Zimbabwe, who has published 43 novels, primarily in Shona, inspired by African rural life. He began writing in high school but pursued it seriously during the COVID-19 pandemic after joining a WhatsApp community of writers. Dhewa releases his stories in serialized form. Pamela Ngirazi, another author, has over 21,000 followers and uses WhatsApp Channels to broadcast her romance novels. The trend of digital publishing in Zimbabwe has been driven by economic challenges, making WhatsApp a crucial platform for authors to reach readers. The e-books market in Africa is expected to grow, but data costs pose a barrier. Traditional publishing faces challenges, including piracy and declining sales. Concerns about copyright and intellectual property rights are prevalent, with emphasis on the importance of registering works. Despite the limitations of self-publishing, Dhewa remains hopeful for literary recognition.

AppWizard

August 1, 2024

Bungie lays off 220 staff

Bungie has announced the layoff of 220 employees, which is about 17% of its workforce, as part of a restructuring effort to reduce costs and focus on its main titles, Destiny and Marathon. Additionally, 155 positions will transition to its parent company, Sony Interactive Entertainment, to enhance collaboration. Bungie is also working with PlayStation Studios to create a new development team for a project in the incubation phase. The layoffs will impact various levels of the organization, including executive roles, and the company is providing exit packages that include severance, bonuses, and health coverage. This is the second round of layoffs within a year, following a previous reduction of 100 staff members in October 2023.

AppWizard

July 24, 2024

Humble Games says it is not shutting down

Humble Games is undergoing a restructuring process due to economic challenges, with parent company Ziff Davis enlisting a consulting team to oversee the company's portfolio. Former staff member raised concerns about lack of games signed beyond 2025. Despite the challenges, Humble Games remains committed to supporting developers and ongoing projects.

AppWizard

March 29, 2024

Barclays issues apology after problems with payment systems and banking app

Barclays customers encountered payment glitches, causing delays in transactions and difficulties with accessing funds. The bank responded promptly to customer concerns on social media and assured them that the issues were being addressed. The technical hiccup was resolved by Barclays, allowing customers to resume making and receiving payments. Other major companies, such as Sainsbury's, Tesco, McDonald's, and Greggs, have also faced technical setbacks in recent weeks.

AppWizard

March 22, 2024

Apple Thwarts Beeper’s iMessage Integration Efforts

Amazon has announced a workforce reduction, laying off 9,000 employees following a previous layoff of 18,000 workers. The layoffs are part of a cost-cutting initiative in preparation for potential economic challenges. The positions affected are in various departments, including human resources and technology. CEO Andy Jassy is leading the company through these changes, emphasizing agility and financial discipline. Despite the layoffs, Amazon continues to invest in its cloud computing division, Amazon Web Services, and other areas of potential growth. The company's actions are in line with a trend among tech giants preparing for economic uncertainty and are aimed at maintaining long-term sustainability and market leadership.

AppWizard

March 22, 2024

Experience Android 14’s Predictive Back Gestures in Gmail Now

Microsoft has announced its third round of layoffs since July, affecting 10,000 employees, which is nearly 5% of its workforce. The layoffs are part of cost-cutting measures in response to economic uncertainties and a possible recession. These job cuts are expected to be completed by the end of the third fiscal quarter of 2023. Microsoft is also incurring a .2 billion charge related to the layoffs, hardware lineup changes, and lease consolidation. CEO Satya Nadella has stated the need to align the company's costs with revenue and customer demand, acknowledging that customers are seeking to maximize their digital spending while continuing their digital transformation. Despite the layoffs, Microsoft is still hiring in strategic areas, particularly focusing on AI and other key technologies for future growth. The tech industry has seen similar layoffs from other companies such as Amazon, Meta, and Salesforce as they adjust to economic conditions. Microsoft's restructuring is part of a strategy to prepare for economic challenges while continuing to invest in areas that promise growth.