In today’s update of technology news: Nintendo shares plummet; only four days left to get the free Windows 10 upgrade; Raleigh Geeks settlement.
After Nintendo issued a statement Friday saying the bottom line impact of the incredibly popular Pokémon Go would be limited, it shares sank 18 percent, the largest one-day drop since 1990. That’s the maximum movement allowed in one day on the Tokyo exchange. It eliminated $6 .7 billion in market value.
Bloomberg reports the correction followed doubling of the Nintendo stock price previously on the strength of Pokémon Go’spopularity.
Nintendo disclosed that it has only a 13 percent economic stake in the app.
Nintendo reports first-quarter in the earnings Wednesday after market close. For the full story see: http://www.bloomberg.com/news/articles/2016-07-25/nintendo-set-to-plunge-after-saying-pokemon-go-s-impact-limited
Four more days to get a free Windows 10 upgrade
If you have put off upgrading top Windows 10 and want to do it, you have just four more days to nab the free upgrade. The free offer officially expires July 29.
After that an upgrade will cost $119. Cnet offers instructions on how to download and install it. http://www.cnet.com/how-to/you-have-4-more-days-to-download-windows-10-for-free-heres-how/
A big anniversary update of the operating system is also planned for its anniversary one Aug. 2.
Reports say the free update makes the OS “feel a lot more polished.” Among other things it brings support for extensions for the Microsoft Edge browser such as those found on the chrome browser.
Improvements to Cortana that will let you use it to make a note, play music, set a reminder ,or more without even logging in. Here’s the story at the VERGE: http://www.theverge.com/2016/7/25/12269736/microsoft-windows-10-anniversary-update-features-review.
Raleigh Geeks settle in botched computer repair case
The Triangle Business Journal reports that computer repair shop “RaleighGeeks,” which was supposed to pay consumers almost $500,000 and resfunds and penalties, is getting off light in a settlement.
One of the defendants in the case, Mark White, will pay only $20,000 and will not be responsible for his share of the $445,000 in civil penalties awarded if he stays in compliance with settlement terms.
He and his codefendant, Timothy Staie, operated computer repair shops under several names in Raleigh, Apex, Garner, and elsewhere. They were accused of misleading customers, failing to do work paid for up front, and returning different computers than the ones brought in.
Staie was recently held in contempt and ordered to report to jail, after starting another computer repair business in Wilmington in violation of the injunction. Those businesses resulted in new complaints. Staie did not report as ordered. For the full story see: read:http://www.bizjournals.com/triangle/blog/techflash/2016/07/raleigh-geeks-settles-to-pay-refunds-for-botched.html
