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Showing posts with the label mobiles

Microsoft ends support for Windows 8.1, new OS mobile handsets underway

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Nearly 80% of all Windows-powered phones were still running on the old OS system LATEST NEWS :     Marking an end to its challenging three-year journey, Microsoft has ended all support to Windows Phone 8.1 and millions of devices running on this operating system. According to a report in the Verge on Tuesday, nearly 80 per cent of all Windows-powered phones are still running Windows Phone 7, Windows Phone 8, or Windows Phone 8.1. "All of these handsets are now officially unsupported, and only 20 per cent of all Windows phones are running the latest Windows 10 Mobile OS," the report noted. When Windows Phone 8.1 update was announced for Microsoft's Windows Phone 8 operating system, it was seen as the company's biggest effort to compete with the Android and iOS, but it did not turn out successful. It is rumoured that Microsoft is having new Windows 10 mobile handsets in the works. It already has mobile extension of Microsoft's desktop OS a...

Kalaari, Nexus prove stumbling blocks in Softbank's bid to exit Snapdeal

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      Early-stage investors said to be 'livid' over valuation at which SoftBank wants to exit Snapdeal The plot only gets thicker from here, as even after multiple rounds of talks, Softbank has not been able to convince the early-stage investors in Gurgaon-based Snapdeal for a sale which would help the Japanese major exit from the company. According to four sources privy to the developments, while early-stage investors in  Snapdeal  – Kalaari Capital and Nexus Venture Partners – are confident of the company's present business plan and want it to go for an initial public offering (IPO) in the next two years, Softbank wants to immediately sell its stake and hedge its bets in other e-commerce ventures, something which has caused a major rift between the two parties. Read this : Tiger Global sinks teeth into Flipkart, Snapdeal merger Also, according to sources, while Softbank is trying to sell its stake in Snapdeal, where it is the biggest shareholde...