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Skype: is this the beginning of the end?

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Microsoft Windows has announced that the new Windows 11 operating system might mean the end for Skype.

Well before Zoom, Microsoft’s Skype was the big name in video-calling software. But a recent announcement might indicate that the app is on its last leg.

Microsoft announced its new Windows 11 operating system will be replacing the video calling software with Microsoft Teams as the default.

“Microsoft has been moving beyond Skype for several years now, with Teams being its strategic voice and video technology for the new era,” explained Angela Ashenden, an analyst at CCS Insight.

So does this mean Skype is gone for good?

Users will still be able to access the video calling software, but they will have to find it in the Microsoft store like any other app.

A company spokesperson told The Verge: “Skype is no longer an inbox app for new devices that run Windows 11. The app is available to download through the Microsoft Store for free.”

This comes as a surprise for many after Microsoft praised the app saying: “For folks that just want a very purpose-built app, Skype is a great solution, and we support it and encourage it.”

A decade ago Microsoft acquired the app for $8.5 billion

At the time, it was Microsoft’s biggest-ever acquisition. Despite concerns the tech giant was over-paying, the app was widely established.

At the time of acquisition, 1 billion users had downloaded Skype.

“Together we will create the future of real-time communications,” Microsoft chief Steve Balmer projected.

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Money

Gen Z’s financial boom living with parents comes with baggage

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In an era marked by sky-high housing costs, many members of Generation Z are refusing to leave home.

While this arrangement offers financial relief in the form of reduced rent, the hidden costs, both emotional and financial, are beginning to surface.

Business Insider, in an analysis of recent surveys and personal accounts, reveals that Gen Z, defined as those born after 1996 by the Pew Research Center, faces less societal stigma for living at home than previous generations, particularly millennials.

However, this lack of criticism comes with its own set of challenges that can impact young adults in profound ways.

Financial benefits

While the prospect of saving money by living with family may seem appealing, the reality is often more complicated.

Beyond the social limitations, research indicates that living at home may have adverse effects on mental health.

Studies have shown a correlation between returning to the parental home and increased depressive symptoms, as well as heightened familial tensions.

These emotional tolls can outweigh the financial benefits, casting doubt on the long-term sustainability of the arrangement.

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Money

How will Disney’s AI strategy boost shares?

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Activist investor Blackwells has called upon Disney to implement a robust artificial intelligence strategy aimed at bolstering the company’s shares.

“Disney must produce an artificial intelligence strategy, and share elements of that strategy with its shareholders.”, said Blackwells in a recent presentation.

New groove

Blackwells, known for pushing corporations to adopt innovative approaches, contends that a well-crafted AI strategy could drive shareholder value and position Disney for sustained success in the entertainment landscape.

The activist investor emphasises that harnessing the power of AI could optimise content creation, enhance customer experiences, and streamline operational efficiency within Disney.

Disney’s response

The company opposed the suggestion to replace board members with activists’ nominees, emphasising the potential disruption to ongoing progress.

Additionally, Disney disagreed with Blackwells’ proposal to spin off land and hotels into a real estate investment trust, arguing it reflected a misunderstanding of the synergies within its businesses.

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Money

Boeing woes will lead to higher airfares: Ryanair

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Ryanair, one of Europe’s leading low-cost airlines, is grappling with the possibility of scaling back its summer flight schedule due to ongoing delays in the delivery of Boeing aircraft.

The airline had initially anticipated a boost in its fleet with the arrival of new Boeing planes, enabling an expansion of routes and increased passenger capacity.

However, prolonged delays in the manufacturing and delivery process have cast a shadow over these plans.

Growing pains

The airline industry, already navigating challenges posed by the global pandemic, now confronts the additional hurdle of supply chain disruptions impacting major aircraft manufacturers.

Ryanair’s dependence on Boeing for its fleet expansion has made it particularly vulnerable to these delays.

As the summer travel season approaches, the airline faces the tough decision of either operating with a reduced fleet or adjusting its schedule, potentially impacting travel plans for passengers.

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