Trump's remarks came a day before the Fed was set to announce its next decision on interest rates.Politicsread more
In a tweet, Trump said that he and Xi "had a very good telephone conversation," and that "our respective teams will begin talks prior to our meeting."Politicsread more
China is reducing support for its electric carmakers a move experts and industry insiders warn could lead to consolidation and waning investor appetite. But some of the...Technologyread more
Is your CEO on the list? Glassdoor has the results.Power Playersread more
Joseph Gaspar, the chief financial officer at Elbit Systems, said M&A among firms in the sector began to pick up pace in the 1980s and looks set to continue.Paris Air Showread more
Stocks in Asia rose in Wednesday afternoon trade following positive developments overnight on the U.S.-China trade front.Asia Marketsread more
Signs of companies moving out of Hong Kong have emerged, members of the business community told CNBC following massive protests in the city. But one analyst said Hong Kong's...China Politicsread more
Sen. Josh Hawley, a well-known tech critic, introduced legislation on Wednesday that would remove the immunity big technology companies receive for user-posted content under...Technologyread more
In its new "Future Skills" report, LinkedIn has identified what it calls the 10 "rising skills" of the future and the jobs associated with them.Get Aheadread more
Democratic Rep. Maxine Waters on Tuesday requested that Facebook pause its development of Libra, an upcoming cryptocurrency that the company plans to release in 2020.Technologyread more
Has your CEO won over enough workers in Germany to make the cut? Glassdoor reveals.Power Playersread more
It comes down to two problems: Underestimating Android's business model, and building on an older technical platform that wasn't quite ready for the job.
"Looking back at this phase of my career, my biggest learnings were that success requires a special composition of business model, user experience, and technology," Myerson wrote.
"We had a differentiated experience, but it's so clear in hindsight that the disruption in business model which Android represented was enormous, and that building our early versions of Windows Phone on an incomplete Windows CE platform, designed for small embedded systems, left us too hobbled to ever catch up."
Microsoft was one of the early players in the smartphone business with Windows Mobile, which was used by device makers including Motorola, Palm and others, in the mid-2000s.
When Apple introduced the iPhone in 2007, Microsoft was caught flat-footed. The interface was designed to be used with fingers (instead of a stylus), and had an advanced web browser and other features that made Windows Mobile look stale.
Microsoft scrambled to catch up with a new platform. But in the meantime, Google's Android — which was able to duplicate many of the features of the iPhone — appealed to a wide number of third-party handset makers because it was free for them to use and customize.
At the same time, Microsoft began its phone revamp on an older platform called Windows CE, which had originally been built for "embedded" systems (like bank ATMs) and hand-held organizers, then revamped to support Windows Mobile — without the advanced features that the iPhone and Android already had.
By the time Microsoft did all the work necessary to build a modern smartphone platform, Windows Phone, Android had already run away with most of the third-party market. Without a considerable market share, Windows Phone didn't have the same attraction to develop for as iPhone or Android, so popular apps either launched on Windows Phone much later or, in most cases, never at all.
Windows Phone was eventually rebranded Windows 10 for Phones in 2015 before Microsoft announced in the fall of 2017 that development for the platform was finished.