All this… and it’s only THURSDAY!
There are two big stories that I want to cover quickly, as I really don’t want to stretch these out any longer than they need to be. Both are significant, however, and really do deserve some commentary.
Samsung Officially Discontinues the Note 7
Despite what anyone may think, this one surprised me a bit. I didn’t think that Samsung would kill the Note 7. I really thought that it would go away for a while and then come back as the Note 7.1 or Note 7.5 or something like that, after they figured out where to get batteries that don’t blow up in your pants…but I’m just sayin’…
It really costs a lot of money when an entire product is cancelled. It also really says a lot about what Samsung’s Supplier Quality program could and could not do when it came to batteries for this device. But again, I guess that’s just me.
It really seems as though Samsung threw in the towel a little early here.
However, according to TechCrunch, Samsung confirmed the status of the discontinued Note 7 to the Wall Street Journal… and that’s it. Samsung didn’t go into any kind of details or provide any additional information on how or why it stopped producing the device. They just stopped.
I also saw a report on The Verge indicating that Samsung was sending customers fireproof return boxes for their Note 7’s.
On the damage control side of things, I knew that the costs to Samsung would be big; but I got surprised here, again. According to Reuters, the cost of discontinuing production of the Galaxy Note 7 could cost Samsung up to $17B USD.
That’s billions with a big, fat capital “B.”
When you couple that with the $19B USD stock hit (yes, again, that’s billions with another big, fat capital, “B”) that Samsung has taken, this whole fiasco has cost Samsung over $36B USB.
Yahoo Removes eMail Forwarding
In a move that’s CLEARLY meant to stop the flow of entrenched users from transferring their email to another service, it was reported, again, by TechCrunch that Yahoo is disabled eMail forwarding in all Yahoo eMail accounts that didn’t PREVIOUSLY have the feature enabled.
eMail forwarding is a pretty easy way to maintain your existing email flow while you transition from one address to another. You setup the forward at your OLD address, and have all of the mail received there, forwarded to your NEW address. You can then start socializing the new address while still insuring that you don’t miss any important email while things are changing over.
This is a common feature, and its one that every service – like GMail, Hot Mail (now Outlook.com) and other popular mail services – provides to users. The move here, to remove this feature is clearly one put in place by Yahoo to stop users from leaving after the announcement in September 2016 of a data breach that effected 500 million user accounts.
According to TechCrunch, Yahoo declined to comment on the removal of the feature and instead pointed users to a section of its help text that indicated:
“This feature is under development. While we work to improve it, we’ve temporarily disabled the ability to turn on Mail Forwarding for new forwarding addresses. If you’ve already enabled Mail Forwarding in the past, your email will continue to forward to the address you previously configured.”
Dear Yahoo – no one is buying your BS.
Mail forwarding has been around for years and it’s not something that should be considered an improvement or in any way “under development.”
All you’re doing is holding email users hostage… and it’s really rude.
Thankfully, I never had a Yahoo email account. I simply just couldn’t stomach the *.yahoo.com domain. I was an English literature major in college. I actually know what a Yahoo is. A definition of the word “yahoo” can be found here. It wasn’t always a good thing, kids…
It’s really a term of insult. Why anyone would name a company after a “crude, brutish, or obscenely coarse person” is beyond me… However, after removing the ability to redirect mail, or even, in some cases, deleting an email account (some users have reported that they couldn’t even delete their accounts…), they appear to be living up to their name sakes.
But would you look at that?! It’s not even the middle of the week (as of this writing) and already Samsung has lost upwards of $40B USD and Yahoo’s value is taking so much that even Verizon is considering backing out of their intent to purchase the company.
Boy… If I were Marissa Mayer… I’d be seriously thinking about jumping with that golden parachute of mine before the Yahoo Board takes it away from her…
But again… that’s just me.