Windows 8 and Windows 8.1 pass 10% market share, Windows 7 still gains more, and Windows XP falls below 30%

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With the release of Windows 8.1 to the world in October, Microsoft ended 2013 with two full months of availability for its latest operating system version. While Windows 8.1 is certainly growing quickly and is eating into Windows 8

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Microsoft Exec Charged With Insider Trading, SEC Alleges 400K In Illegal Gains

Reality is always better than fiction. Today the Securities and Exchange Commission charged a — now former — Microsoft “senior manager” with insider trading. The employee, Brian Jorgenson, is accused of working with a friend to trade Microsoft stock and shares of its partners ahead of news such as earnings, generating almost $400,000 in profits over the course of the partnership that began in April of 2012. The pair had intended to use the spoils from their venture to start a hedge fund, according to the SEC.

Protip: If you are going to abuse your job’s access to information to grind out illegal profits with a friend in hopes of building up a big enough stack so that you can open a hedge fund, don’t get caught. You look silly. Not to mention like a bastard. Still, making a cool $393,125 in a year and a half ain’t no small kaboodle, so you have to give Jorgenson and his co-conspirator Sean Stokke props for pulling of the scheme, at least financially. Bastards.

Here’s how it worked: Microsoft planned to invest $300 million into Barnes & Noble’s Nook reader project. Jorgenson found out, passed the information along to Stokke, who bought, according to the SEC, “$14,000 worth of call options on Barnes & Noble common stock.” Microsoft announced the deal, and bounced Barnes & Noble’s stock up about 50%. Profit to the pair? About $185,000. Imagine what they could have made if they already had that hedge fund money they wanted to raise. 

The SEC goes on to note two other cases, including trading before a Microsoft earnings announcements. According to ZDNet, Microsoft fired Jorgenson, and helped the SEC in its investigation. Here are the formal charges:
Jorgenson and Stokke are charged with violating Section 10(b) of the Securities Exchange Act of 1934 and Rule 10b-5, both directly and pursuant to 20(d) of the Exchange Act.  

The SEC seeks permanent injunctions, disgorgement of ill-gotten gains plus prejudgment interest, and financial penalties against Jorgenson and Stokke as well as an officer-and-director bar against Jorgenson.

Top Image Credit: Flickr

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Opera's iPad browser loses navigation buttons, gains lockscreen music controls

Since its launch in September, Opera's iPad-centric browser Coast has struggled to remain as visible as some of its more popular mobile apps. In an attempt to breathe some life into the app, the company today dropped a new update that introduces a number of new customization, navigation and media features that set it apart from Apple and Google's browser offerings. In version 2.0, Opera has ditched the familiar forward and back buttons in favor of the gestures it supported at launch, so expect your swiping finger to get more of a workout. The app now lets you set wallpapers using images from your Photo Roll and gives you the option to select which apps to open PDF files in, whether it be iBooks, Dropbox or another PDF-compatible app. Coast now also features its own media player, which is capable of handling music playback from the iPad lockscreen. The new update is said to make browsing speedier and more secure than before -- very helpful if you need to make a quick escape from some of the nastier corners of the internet.

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Via: Opera Press

Source: Coast (App Store)

Tags: browser, coast, gestures, media player, mobilepostcross, opera, swipe Next: LG launching its first 4K monitor in January with 31-inch ultra-widescreen panel .fyre .fyre-comment-divider

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