Telex: Dubai launches its metaverse plan, Recession at Apple, Sage customers protest against the imposed subscription

– Dubai launches its metaverse plan. With this strategy, the Crown Prince of Dubai, Sheikh Hamdan bin Mohammed, targets up to 40,000 virtual jobs and a $4 billion contribution to the city’s GDP over five years. In particular, he wants to develop global standards for creating safe and secure platforms for users. The city is thus seeking to enter the world’s top 10 metaverse economies, and also supports the goal of the United Arab Emirates government to multiply by five the number of blockchain companies in five years. Dubai is already home to more than 1,000 companies in the metaverse and blockchain sector, which contributes $500 million to the national economy, the sheikh said.

Recession at Apple. The Cupertino company announces that it will slow down hiring and review the budgets of certain divisions to deal with a possible economic slowdown. This very cautious approach is particularly linked to inflation, the war in Ukraine, but also the phenomenon of great resignation which continues. Several rumors are indeed circulating about a potential recession in the United States in the coming months. These changes won’t affect all teams, and Apple is still planning an aggressive product launch schedule in 2023 that includes a mixed reality headset.

– Sage customers protest forced subscription. The evolution of the business model of publishers from on-premise to the cloud is far from simple and it is the turn of the British publisher of financial and accounting software Sage to be under fire from criticism from its customers. . The wolf ? According to them, the new conditions would require them to pay a subscription for products they already own. And in case of refusal? A loss of service access… “By September 30, 2022, we will be disabling TLS 1.0 and 1.1 for our remaining services, Auto Update and Sage License Server, in accordance with the latest industry standards,” said justified the editor in a document. “Once we deactivate, anyone using Sage 50 accounts or Sage 50cloud accounts v26.2 or lower will no longer be able to access their software.” In the end, customers seem to be stuck with either the need to pay for a subscription or having to re-enter their historical raw data into a new system. Faced with this situation, a user said in a forum: “The reference to TLS is a deliberate pretext – in the sense that everything [Sage] declare is correct but misleading… In this case, [Sage a] made the decision (presumably for business reasons) NOT to develop a simple routine. This would allow continued use of most [ses] “perpetual license” office products…but this is NOT a decision imposed on Sage!” To which a spokesperson for the publisher replied: “We support the decision to protect you and your data, to eliminate any risk that could harm your business. We are contacting all affected customers with the options available to them, under no one is forced to upgrade to our fully cloud-based Sage Accounting solution”.

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