onths ers & ers
1. Windows 8 Microsoft recently released a preview edition of Windows 8 to somewhat
negative reviews. Problems noted include a strange interface and not being able to join a device to a domain. The computer giant has been accused of trying to challenge Apple’s app system that prevents a neat flow of information due to having to jump in and out of applications, but instead users noted that using Windows 8 was like ‘pretending not to use a Mac.’
2. Apple
Apple have announced that they will be handing over their cash hoard of almost $100bn to shareholders. Apple’s Chief Executive, Tim Cook, has said that it would start paying a quarterly stock dividend of $2.65 a share beginning in July, and that Apple’s board has authorised a $10bn share buyback. Analysts now fear that a share buyback could affect the companies massive growth record, as well as the announcement highlighting that Tablet competition from the likes of Amazon and Samsung would take a market share. Such companies continue to compete on price, and Apple still charges a premium for its products despite the latest iPad3 launch and subsequent reviews not doing so well.
3. WorldSpreads Online and telephone trading company WorldSpreads has now been
placed into administration after ‘accounting irregularities’ were discovered. Administrators have discovered a £13m black hole in its accounts, with the group’s 15,000 customers being owed £29.7m, despite the company only having £16.6m in cash. Co-founder Conor Foley has resigned, as well as chief financial officer Niall O’Kelly stepping down following a profits warning. The firm’s 66 staff have also been made redundant. The Financial Times reported that the company’s tragic demise was due to mixing money from customer’s accounts, which should have been separated, with its own funds.
4. IPv6 Bill Gates once said “640KB ought to be enough for anybody” at a computer
trade show in 1981. Although Bill denies the statement, he could have never predicted the amount of data computers would handle three decades later, as well as the terms coins to describe the multiples – megabytes to petabytes to zettabytes – the list is endless. Our digital ecosystem has exploded and the only form of solution is IPv6, a new internet addressing protocol. The gadget provides an address space that gives every one of them a unique address, allowing them to feed back daily, hourly or even by the minute vital data to a mother ship on the internet. Is this enough to handle our ongoing problem of managing a global data overload?to get tough on pay. He also affirmed that ministers ‘should make pay and bonuses above £260,000 liable for corporation tax.’
13 entrepreneurcountry
n’s Empire s expanding!
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