Tag: technology

18 Oct, 2021

Energymageddon

Are we headed towards a 1970's style energy crisis, J&J talc liability bankruptcy, Microsoft shuts down LinkedIn in China, and much more!
14 Oct, 2021

Microsoft shuts down LinkedIn in China

Microsoft could not continue to comply with the increasing restrictions on speech in China and therefore is closing LinkedIn in China. China is continuing to close itself off to the world. LinkedIn, in a statement Thursday, said that it made the decision after “facing a significantly more challenging operating environment and greater compliance requirements in […]
28 Sep, 2021
22 Sep, 2021

Microsoft announces new Surface devices

There are some nice new products Microsoft announced today. Following is a video of their entire presentation. I’ve included shorter videos that highlight the individual products so you can skip all the flowery bloat.
20 Sep, 2021
15 Sep, 2021

Microsoft announces stock buyback and raises dividend

Microsoft’s latest purchase scheme comes after two senior Democratic senators proposed a 2% tax on corporate stock buybacks as part of a bid to help fund a $3.5 trillion U.S. budget bill. The potential tax, announced on Friday, was released by Senate Finance Committee Chairman Ron Wyden of Oregon and Senate Banking Committee Chairman Sherrod […]
26 Aug, 2021

Microsoft promotes Panos Panay to senior leadership team

Since the era of ex-Windows lead Terry Myerson, Windows itself hasn’t had a seat at the big boy table within Microsoft. However, that has now changed. Chief Product Officer Panos Panay has taken up a new role as an Executive Vice President (via Bloomberg), joining recent appointee Xbox lead Phil Spencer at the senior leadership table, […]
25 Aug, 2021

IBM claims its new microprocessor can help detect fraud in real time

Here’s a video explaining the processor. I don’t quite see how this will help detect fraud in real time since fraud detection requires smart software. Current software has trouble detecting fraud and frequently produces false positives that create a hassle for consumers. I guess the proof will be in the pudding. The processor itself looks […]
27 Jul, 2021

Microsoft posts 47% profit increase year over year… stock falls 2% after hours

The Redmond, Wash.-based company reported financial fourth-quarter sales of $46.2 billion after the bell Tuesday, up around 21% from the year-prior period. It generated a $16.5 billion profit for the period ended June 30, an increase of 47% year-over-year, exceeding Wall Street expectations. Analysts expected $44.1 billion in sales at a profit of $14.6 billion. […]
20 Jul, 2021

IBM sees biggest revenue gain in three years

The top-line increase of 3.4%, IBM’s biggest gain in three years, comes as the company is undergoing extensive changes, including the planned spinoff of some of its legacy IT activities that remain a multibillion-dollar business. Revenue in the second quarter rose to $18.75 billion driven by its cloud, software and services businesses. The company reported […]