Microsoft has experienced its best year under the leadership of Satya Nadella, CEO of Microsoft. Microsoft collected $23 billion in revenues this year and made several acquisitions. This strong financial growth under Nadya’s command and has helped Nadya earn a 29% rise in his salary package. It was revealed that Microsoft is going to use LinkedIn’s performance as the key factor to evaluate how much Nadella along with other top executives in the corporation will be paid. This stress upon Linkedin alone shows the importance of LinkedIn to Microsoft. Linkedin was acquired by Microsoft in 2016 by paying $27 billion. Now Microsoft seeks new avenues towards growth outside of its basic IT business through LinkedIn. Read more at TechGiG.
New announcements took place in New York on Tuesday about the latest iPads and Macs. It was released that the new iPads and macs by Apple will not have home buttons in order to have bigger screen making it resemble more like the latest iPhones.
The new iPad Pro will also use facial recognition to unlock the screen and to allow Apple Pay and other app purchases. It starts at $800. The iPad Pro has been suggested to be ideal for photographers and artist by Apple and has an LCD screen like iPhone XR. The latest iPad also comes with a pencil which is used for charging and storage. However, this feature is optional.
The latest Mac computers including MacBook Air laptop was also unveiled which comes with a high-resolution screen and starts from $1200. It will also have a fingerprint sensor. Apple also revealed Mac Mini, latest desktop computer. Tom Forte, D.A. Davidson Co. analyst said that these changes made by Apple will result in sustainable growth in iPad sales.
The founder of Moor Insights & Strategy, Patrick Moorhead stated that the latest products were definitely going to please Apple users and fans. The new products will be released on November 7th.
The change of rules for the US visas by Donald Trump last year badly impacted all the industries especially the IT sector, which is the biggest market for the IT companies. As a result, more than 56,000 employees were laid off. However, this year the IT sector has turned a corner, and leading IT companies are looking to hire till March 2019.
According to Experis IT Employment Outlook Survey, that covered about 550 IT companies, a positive net employment of 53% has been observed and higher hiring intentions by IT organizations with over 500 employees for the upcoming two quarters have been reported.
Manmeent Singh, President at Experis India, stated that more IT jobs were being created and the IT hiring should pick up by March 2019 and that the Non-IT companies may play a vital role. Read more on Business Today.
The mobile app performance software HeadSpin has raised Series B funding worth of $20 million today and is expecting to double its revenues in 2018. Investors such as ICONIQ Capital, EQT Ventures and Battery Ventures participated in the funding, joined by other investors such as GV, Danhua Capital, Telstra Ventures, NextWorld Capital, and Nexus Ventures Partners. According to VentureBeat, the infused cash will be used to address the demands of the customers and to grow the company’s workforce.
According to a statement by ICONIQ co-founder Will Griffith, HeadSpin’s performance has been outstanding as a startup company and has appealed the majority of the key players in the mobile world. The mobile app software company has already become the benchmark for other companies in the mobile world, becoming the fastest growing software companies ever seen.
The Palo-Alto based software company was joined by Manish Lachwani (ex-principal architect of the Amazon Kindle) last year. Under his command, the relatively unknown and a startup company has transformed into one of the fastest growing software companies. Lachwani joined by Brien Colwell (Nextop’s ex CEO) as the Chief technology officer and Sriram Krishnan (former head of international growth of Tinder) as the head of product are the top tier of the company. Read more at TechCrunch.
Amazon launched its first smart speakers, the famous Amazon Echo with Alexa, back in November 2014. Since then they have remained a hit and Amazon has continued to flood the market by designing smart home devices. Currently, the Echo is in its third generation and has developed into a collection of five devices.
However, this strikes Amazon with its biggest challenge, to fix its software cracks. While we keep on experiencing great hardware progressions by Amazon and Amazon keeps refining the hardware choices every single day, the software experience needs work to keep pace with these advancements. Amazon consistently needs to enhance its customers’ experience with Alexa make sure it is smooth and error free. Read more on Pocket-lint.