Mozilla CEO Chides Microsoft (MSFT) Over Edge Browser in New Windows 10 Jul 31, 2015 02:41PM

Mozilla, maker of the popular Firefox web browser, issued an open letter to Microsoft (NASDAQ: MSFT) CEO Satya Nadella on Thursday. In part, Mozilla CEO Chris Beard criticized Microsoft for taking choice away from the consumer.

Beard commented [emphasis ours]: We appreciate that it’s still technically possible to preserve people’s previous settings and defaults, but the design of the whole upgrade experience and the default settings APIs have been changed to make... (continue reading...)

NPD Group Comments on Microsoft's (MSFT) Best Chance of Gaining More Mobile Users (AAPL) (GOOG) Jul 31, 2015 12:16PM

NPG Group posted the following to its Official Blog on Friday:

Windows 10 launched with the key promise of creating a user experience that transcends the phone, tablet and PC. While this should, at least in theory, help drive the appeal of Windows-based phones, the reality is that it may be too little, too late for the mobile component. According to NPD’s Mobile Phone Track, Windows-based phones accounted for just 2.8 percent of U.S. smartphone sales in Q1 2015.

We... (continue reading...)

U.S. funds raise global bond allocation despite expected Fed hike: Reuters poll Jul 31, 2015 09:32AM

By Siddharth Iyer

(Reuters) - U.S. fund managers raised bond exposure in their model global portfolios and cut their recommended cash allocations to a 14-month low in July, despite the likelihood of a U.S. interest rate hike in coming months, a Reuters poll found.

Fund managers in the latest global survey trimmed overall allocations to U.S. and Canadian fixed income, while increasing exposure to euro zone debt.

Within the model bond portfolio, recommended exposure to... (continue reading...)

Microsoft (MSFT) Says 14M+ Machines Already Upgraded to Windows 10 Jul 31, 2015 09:19AM

Microsoft's (NASDAQ: MSFT) Yusuf Mehdi posted the following to the official Windows blog on Thursday night:


It has been an incredible 24 hours for Windows and our fans. We’re humbled and grateful to see the response to Windows 10. We have seen unprecedented demand for Windows 10, with reviews and customer feedback overwhelmingly positive around the globe. We are doing everything we can to upgrade the world to Windows... (continue reading...)

China mulls forcing Tencent, Alibaba to offer rivals' online payment services Jul 31, 2015 08:12AM

BEIJING (Reuters) - China proposed new regulations on Friday that could force Internet companies such as Alibaba Group Holding Ltd (NYSE: BABA), Tencent Holdings Ltd and Baidu Inc (NASDAQ: BIDU) to offer their rivals' online payment services as well as their own.

China has the world's largest Internet population and Beijing is trying to better regulate the country's rapidly-changing Internet sector, drawing up rules for everything from censorship to cybersecurity and... (continue reading...)

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