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60°

Banks to be hit with Microsoft costs for running outdated ATMs

Reuters :
Microsoft withdraws support for Windows XP on April 8
* U.S., UK major banks negotiate fees for extended support
* 95 percent of world's 2.2 million ATMs run on outdated XP
* One-third of ATMs have been upgraded to Windows 7
* Cost of upgrade for each UK bank around $100 million - sources
By Matt Scuffham and David Henry
LONDON/NEW YORK, March 14 (Reuters) - Banks around the world, consumed with meeting more stringent capital regulations, will miss a deadline to upgrade outdated software for automated teller machines (ATMs) and face additional costs to Microsoft to keep them secure.

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uk.reuters.com
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80°

Microsoft's Gaming Shake-up: 1900 Job Cuts, Senior Execs Exit Xbox and Blizzard

Microsoft is laying off more employees, a new round after they cut thousands last year. It seems like many big tech companies are doing the same.

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techacrobat.com
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Community78d ago
60°

Apple's Bold Move to Train LLM on Trendsetting News

Amidst the AI frenzy of 2023, major players like Google, Microsoft, and Meta are in the spotlight, launching their own generative AI systems.

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techacrobat.com
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Community111d ago
60°

Microsoft launches app for iPhone users to use iMessage on PC

Microsoft has made it easy for iPhone users to check their mobile updates on Windows-enabled computers.

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knowtechie.com
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Community336d ago