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Microsoft to Profit as Millions of ATM Software Becomes Outdated

Date:
March 17, 2014
Source:
TheStreet / Powered by NewsLook.com
Summary:
Major banks in the U.S. and U.K. have until April 8 to update software in their ATM network or risk a pricey invoice from Microsoft. As early as 2007, the tech giant warned its support for Windows XP would lapse, but since then only one-third of the world's ATMs have had their software upgraded. Once the deadline passes, banks will have to negotiate individual contracts to extend Microsoft support, an essential component to keep the machines secure from hacking and viruses. Video provided by TheStreet


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last updated on 2014-09-21 at 12:20 am EDT

Ford May Be SYNCing With BlackBerry, Ditching Microsoft

Ford May Be SYNCing With BlackBerry, Ditching Microsoft

TheStreet (Feb. 24, 2014) — Shares of BlackBerry are rising on Monday on reports that Ford is turning to the beleagured tech company to power its Sync voice-activated system. A partnership would be a significant achievement for BlackBerry, which has been struggling for years. In effect, Ford will be ditching Microsoft, whose voice-activated software has been the basis of Ford's Sync system since it was introduced in 2007. BlackBerry's QNX Software Systems is already featured in Audi and BMW vehicles, but would significantly expand its presence, as Ford has built more than 10 million vehicles worldwide that are equipped with Sync software. Video provided by TheStreet
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Microsoft Ends Support for Windows XP, Leaves ATMs Vulnerable

Microsoft Ends Support for Windows XP, Leaves ATMs Vulnerable

TheStreet (Apr. 8, 2014) — In what's being called the death of Windows XP, Microsoft will no longer provide support for the operating system beginning today. Without Microsoft's security updates, computers running on XP will be left vulnerable to viruses and cyber attacks. That includes many of the nation's ATMs and small businesses still running on Windows XP. Microsoft is advising that XP users upgrade their current PC to run on Windows 8.1 if possible. If not, Microsoft encourages users to shop for a new computer. Video provided by TheStreet
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Microsoft May Unveil Office for iPad

Microsoft May Unveil Office for iPad

Reuters - Business Video Online (Mar. 18, 2014) — Microsoft CEO Satya Nadella may bring new change to Microsoft by offering a version of Office for the iPad. Analysts say the lack of an Office version for the iPad may have robbed Microsoft of $2.5 billion in revenues. Fred Katayama reports. Video provided by Reuters
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China's Government Now Prohibited from Buying Microsoft Windows 8

China's Government Now Prohibited from Buying Microsoft Windows 8

TheStreet (June 5, 2014) — China has issued a ban on Microsoft's Windows 8 operating system, prohibiting it on government computers. A Chinese news agency reported that the ban by the Central Government Procurement Center was put in place to protect security after Microsoft ended support for its Windows XP operating system. It targets new purchases, stipulating that desktop, laptop and tablet computers bought by the government must use a different operating system. Microsoft said was surprised by the decision and is working with the Chinese government to ensure its products and services meet all government procurement requirements. Video provided by TheStreet
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