Morning Beat: Microsoft Corporation (MSFT), Facebook Inc. (FB), and Apple Inc. (AAPL)
Microsoft Corporation (NASDAQ:MSFT) push to get more than 1 billion devices using Windows 10 operating system is paying off. Recent data indicate that Windows 7 market share has dropped below the 50% mark an indication that people are upgrading. However, the rate at which people are switching to the new OS seems to have slowed in the recent past.
According to Net Applications Microsoft Corporation (NASDAQ:MSFT)’s Windows 10 controlled a 14.35% market share having gained just 0.2% in the month of April. Windows 8, on the other hand, gained 0.5% market share to 2.95%, with Windows 8.1 controlling 9.16% of the total market share.
People are increasingly dropping Windows 7 as its market share slipped to 48.27% from highs of 52.47% at the start of the year.
Facebook Inc. (NASDAQ:FB) is reportedly planning to take privacy on its messaging app, Messenger, to another level. Fresh from rolling out the end-to-end encryption on WhatsApp, the company is planning to introduce ‘disappearing messages on Messenger’ according to media reports.
Just like Telegram and Snapchat, Facebook Inc. (NASDAQ:FB) will reportedly let users adjust how long their messages remain visible while chatting. The update is part of a plan that seeks to provide privacy-minded users a reason to stick with Messenger as their messaging app of choice.
The disappearing-message feature on Messenger could make its debut on iOS soon Facebook having already tested in France.
Apple Inc. (NASDAQ:AAPL) is right to demand the FBI to reveal how it unlocked an iPhone at the center of the San Bernardino attacks according to former NASA contractor Edward Snowden. During an interview with CNN’s Fareed Zakaria, Snowden reiterated that sharing such information would go a long way in helping the country and not the tech giant alone.
“[…] they’re doing it to help everyone in America who uses those products, who uses those services,” said Mr. Snowden.
However, it is highly unlikely that the government will hand over such information given that Apple Inc. (NASDAQ:AAPL) refused to provide a back door for the opening of the iPhone.
Warren Buffett has quashed concerns that Americans electing the wrong president could have a detrimental effect on the economy. According to the billionaire investor, America is greater than it has ever been and there is no need to make it great again.
During an interview with CNBC Buffett reiterated that International Business Machines Corp. (NYSE:IBM) and The Coca-Cola Co (NYSE:KO) are not businesses he will never sell. He was also quick to downplay allegations that by him holding a 9% stake in the beverage giant he was indeed encouraging bad health given the levels of calories associated with coke.
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