News for hackers. Stuff that matters.
Re:Microsoft pushes ahead with controversial ‘buy now, pay l... by watermelon0 on Friday November 26, 2021 @01:27PM (#29352676)
Microsoft finally made a browser which renders websites as expected, is up-to-date regarding security and features, and (most) people actually don't have the need to replace it with anything else.

I will never understand why they NEED to ruin this. It's baffling.

Re:Microsoft pushes ahead with controversial ‘buy now, pay l... by Mikeb85 on Friday November 26, 2021 @02:35PM (#29353296)
Because Microsoft's raison-d'être is to extract as much money as possible from computer users. No matter how much they try to not be evil, no matter how many overtures they make to developers, it won't change the fact that Microsoft is basically just a hostile entity out there to extract as much money as possible from the computing scene.
Re:Microsoft pushes ahead with controversial ‘buy now, pay l... by ninth_ant on Friday November 26, 2021 @04:16PM (#29354190)
Of course for-profit companies try to extract as much money as possible from their customers, that’s the reason they exist.

The issue is that once again Microsoft is abusing their monopoly power on the home PC market to make decisions that otherwise would be ignored. No one would download and install Edge and be force-fed ads for money lenders, except that Microsoft installs it by default and aggressively pushes windows users into it with frequent prompts and bogus security warnings.

It’s the bundling and abuse of their market power that is the issue, not their profit motive. In a well-regulated economy they would get fined and forced to change how they operate.

Re:Microsoft pushes ahead with controversial ‘buy now, pay l... by tgv on Friday November 26, 2021 @05:28PM (#29354886)
I do not agree that maximizing profit is necessary. A company needs to take care of our customers and employees, and only make enough profit to keep doing so. More is just unethical.
Re:Microsoft pushes ahead with controversial ‘buy now, pay l... by cebert on Friday November 26, 2021 @06:01PM (#29355171)
I used to have similar thoughts until I got my MBA. We live in a capitalist economy. Investors consider where to invest by comparing an investment opportunity to a safe rate of return. They need some upside (greater returns) to offset the risk of less certain investments. Maximizing profits or at least ensuring hefty returns is important for a firm to continue to grow and receive investment dollars.
Re:Microsoft pushes ahead with controversial ‘buy now, pay l... by yoyohello13 on Friday November 26, 2021 @09:40PM (#29356766)
Maybe the need for continual growth and always angling for more investment dollars is a problem for society.
Re:Microsoft pushes ahead with controversial ‘buy now, pay l... by jen729w on Friday November 26, 2021 @11:26PM (#29357399)
Of course it is, but we’re all greedy so nothing will ever change.

Where I live, house prices are climbing at about 10% a year. More, now that people can work from home. So you see articles in the paper where boomers say how terrible they feel that the young people won’t be able to afford a house because their house price has gone up $100,000 this year.

To the boomer I say, well, you don’t have to take the money. Nobody is forcing you to sell your house for $100k more this year than last. You’re free to sell it for less. Put your money where your mouth is!

Of course this is just a wry view, a letter to the newspaper. It’ll never actually happen. Because we’re all greedy.

Re:Microsoft pushes ahead with controversial ‘buy now, pay l... by tgv on Saturday November 27, 2021 @01:57AM (#29358173)
There's no need for investors to get an ROI that's just over the inflation rate. Why would they want that? Because they want to get rich quick.

So let me rephrase it like this: do you like paying too much?

Re:Microsoft pushes ahead with controversial ‘buy now, pay l... by Nevermark on Saturday November 27, 2021 @02:38AM (#29358356)
What are you trying to say?

Public companies are going to be priced on the open market based on their growth prospects relative to other companies. Their management chosen to maximize their growth prospects.

I think it is a fair point to say that "good" companies may choose to maintain the wind of customer satisfaction, goodwill and trust at their back by not doing predatory "bad" things.

But saying public corporations are not going to maximize returns is like saying mother bears are not going to protect their cubs. If that was possible within their nature, they wouldn't exist.

Re:Microsoft pushes ahead with controversial ‘buy now, pay l... by cutler on Friday November 26, 2021 @04:50PM (#29354519)
And to think they now own Github and NPM. The Borg is truly upon us.
Re:Microsoft pushes ahead with controversial ‘buy now, pay l... by sprkwd on Friday November 26, 2021 @05:14PM (#29354758)
And linked in and minecraft.
Re:Microsoft pushes ahead with controversial ‘buy now, pay l... by judge2020 on Friday November 26, 2021 @04:09PM (#29354144)
I imagine some MBA saw a way they could augment the payment card feature to extract money, and bringing that to their manager is a good permanent gain for them (since they most likely won’t have to answer to the PR team).
Re:Microsoft pushes ahead with controversial ‘buy now, pay l... by lytedev on Friday November 26, 2021 @02:45PM (#29353393)
Because in the long run you make money best by providing customers valuable services and/or products. If you're screwing over your customers in any way, that is counterproductive to that goal.
Re:Microsoft pushes ahead with controversial ‘buy now, pay l... by Mikeb85 on Friday November 26, 2021 @02:51PM (#29353453)
Maybe that's true, but these kind of actions are Microsoft's MO. It's how they grew, it's what they'll forever do. I almost thought they had changed when they seemingly shifted to be friendlier when they were trying to attract developers to Azure and embracing Linux and OSS, but obviously not. MS just can't not be evil. Kind of like Oracle.
Re:Microsoft pushes ahead with controversial ‘buy now, pay l... by cutler on Friday November 26, 2021 @04:55PM (#29354573)
M$ "embracing" Linux was like The Wicked Witch Of The West embracing Dorothy considering how soon it followed their evil Linux patent racket and funding of SCO's baseless UNIX lawsuit. Beware The Borg, all you who are too young to remember M$'s glory days.
Re:Microsoft pushes ahead with controversial ‘buy now, pay l... by thow-01187 on Friday November 26, 2021 @04:54PM (#29354564)
Haven't the past past 10 years been a complete refutation of this belief? Money made by hype, fraud, market power abuse or regulatory arbitrage dwarfs profits made by providing value, no longer how long the time horizon. Especially since it's clear that the US establishment's policy is not to prosecute and punish white-collar crime
Re:Microsoft pushes ahead with controversial ‘buy now, pay l... by themitigating on Friday November 26, 2021 @07:00PM (#29355631)
It's a business
Re:Microsoft pushes ahead with controversial ‘buy now, pay l... by beervirus on Friday November 26, 2021 @08:06PM (#29356095)
You just described every tech company.
Re:Microsoft pushes ahead with controversial ‘buy now, pay l... by freeflight on Friday November 26, 2021 @09:46PM (#29356803)
Not every tech company is a for profit company.
Re:Microsoft pushes ahead with controversial ‘buy now, pay l... by tempfs on Friday November 26, 2021 @01:29PM (#29352697)
It is a for profit company, the reason is always profit.
Re:Microsoft pushes ahead with controversial ‘buy now, pay l... by Barrin92 on Friday November 26, 2021 @01:35PM (#29352749)
I'm honestly not sure how much profit a 2 trillion dollar company is supposed to generate from an interest free pay later browser bloatware feature

Even if you're Scrooge McDuck that sounds not worth it

Re:Microsoft pushes ahead with controversial ‘buy now, pay l... by slimsag on Friday November 26, 2021 @02:39PM (#29353334)
As another said, the goal to increase revenue is per team. The Edge team must likely find proof for how they will drive revenue in the future.

Suddenly you've got a full browser engineering team trying to figure out how to monetize a browser - tough sell. So they can't come up with anything, that's fine because a product manager is the owner of this task anyway. They propose a myriad of different ways to monetize Edge in the future:

* A "Edge Pro" subscription $10/mo where you get ad-blocking and no tracking (we'll need to block third-parties from offering this)

* A built in way to pay people online, we take a cut. Hey maybe we finance big purchases and that's a unique selling point?

* Premium apps/websites, web page authors can give access only to users with an Edge subscription and in return they get a cut of the profits.

They discuss these options as a team, and decide which one is least likely to cause backlash and is least difficult to "try out" and they land on what we're seeing here.

Re:Microsoft pushes ahead with controversial ‘buy now, pay l... by meesterdude on Friday November 26, 2021 @04:29PM (#29354316)
This is a pretty good breakdown of how it likely came to be, but leaves out the satanic rituals and incantations that also (seemingly) play a big part in how microsoft makes decisions.
Re:Microsoft pushes ahead with controversial ‘buy now, pay l... by scj on Friday November 26, 2021 @03:09PM (#29353616)
"The peripheral drivers team needs to increase it's revenue."
Re:Microsoft pushes ahead with controversial ‘buy now, pay l... by chocolatkey on Friday November 26, 2021 @03:25PM (#29353746)
That team doesn't need to, device manufacturers already do that by only making drivers for Windows for certain devices, increasing lock-in
Re:Microsoft pushes ahead with controversial ‘buy now, pay l... by noisy_boy on Saturday November 27, 2021 @01:23AM (#29357994)
"View this ad to continue using your mouse"
Re:Microsoft pushes ahead with controversial ‘buy now, pay l... by adrr on Friday November 26, 2021 @07:50PM (#29355973)
Sell the default search provider to bing for a few billion dollars. Same way Firefox makes money.
Re:Microsoft pushes ahead with controversial ‘buy now, pay l... by cpeterso on Friday November 26, 2021 @10:00PM (#29356916)
Mozilla can negotiate with multiple search engines. Imagine if the Edge team tried to make Google Edge’s default search engine!
Re:Microsoft pushes ahead with controversial ‘buy now, pay l... by FredPret on Friday November 26, 2021 @01:46PM (#29352852)
The winning play for them is to make genuinely the best browser, gain market share, and then start their shenanigans. Like Google did
Re:Microsoft pushes ahead with controversial ‘buy now, pay l... by wooptoo on Friday November 26, 2021 @02:41PM (#29353355)
Today's Google is a saint compared to the nineties Microsoft.
Re:Microsoft pushes ahead with controversial ‘buy now, pay l... by bryanrasmussen on Friday November 26, 2021 @02:57PM (#29353526)
I don't know about that - 90s MS was a scumbag to any other company it could get under it but it generally didn't harm its users (other than of course being uncompetitive and limiting options) because its users were a form of customer (just not the enterprise level customers which were most important)

Google harms other companies as well that it can get under its thumb, but also harms its users.

In other words the only time I would have thought in the 90s how is MS going to harm me would be if I decided to start a company that would potentially compete with them, or would depend on standards they were likely to sabotage.

Today if I decide to use a google service I have to to wonder - how is google going to harm me?

Re:Microsoft pushes ahead with controversial ‘buy now, pay l... by adventured on Friday November 26, 2021 @03:49PM (#29353972)
> Today's Google is a saint compared to the nineties Microsoft.

Definitely not the case.

See: rigging the advertising market in cahoots with Facebook (Jedi Blue).

See: conspiring with other large tech companies to artificially limit salaries for tech workers.

See: leveraging its search monopoly to gain additional monopoly or near-monopoly positions (YouTube, Chrome, Android), as well as using it to harm competitors (eg Yelp and many others).

See: huge, repeat fines out of Europe for various abuses.

What we already know is that they're at least as evil as 1990s Microsoft. What we don't yet know, is likely to yet put them over the top. The Feds have hardly even looked under Google's corporate hood as they did with Microsoft in the 1990s. This is merely the second or third inning of discovery of all the evil shit Google has likely done over the past two decades. Google's founders simultaneously ran away as fast as they could to get out in front of what was coming, because they know where the bodies are buried.

Re:Microsoft pushes ahead with controversial ‘buy now, pay l... by Lammy on Friday November 26, 2021 @04:26PM (#29354284)
> The Feds have hardly even looked under Google's corporate hood

"Well of course I know him ­— he's me" https://qz.com/1145669/googles-true-origin-partly-lies-in-ci...

Re:Microsoft pushes ahead with controversial ‘buy now, pay l... by Mikeb85 on Friday November 26, 2021 @02:38PM (#29353322)
What shenanigans do you think Google is pulling? There's nothing equivalent in Chrome...
Re:Microsoft pushes ahead with controversial ‘buy now, pay l... by kevin_thibedeau on Friday November 26, 2021 @02:48PM (#29353419)
Extension manifest V3.
Re:Microsoft pushes ahead with controversial ‘buy now, pay l... by Mikeb85 on Friday November 26, 2021 @02:55PM (#29353500)
Care to explain why you think it's a bad thing? Seems like it's mostly deprecating old JS ways of doing things and introducing new JS features and a better security policy.
Re:Microsoft pushes ahead with controversial ‘buy now, pay l... by kevin_thibedeau on Friday November 26, 2021 @03:30PM (#29353780)
It's an underhanded way to limit blocking capabilities that they can sell as a benefit.
Re:Microsoft pushes ahead with controversial ‘buy now, pay l... by coolso on Friday November 26, 2021 @02:50PM (#29353438)
Most of Chrome’s shenanigans happen on the backend, like with Google in general.
Re:Microsoft pushes ahead with controversial ‘buy now, pay l... by MomoXenosaga on Friday November 26, 2021 @04:53PM (#29354556)
Google is an advertising company. That's what they make their money from. And they are the biggest internet advertising company.

Everything they do is aimed at gathering more data for more lucrative ads.

Re:Microsoft pushes ahead with controversial ‘buy now, pay l... by Mikeb85 on Friday November 26, 2021 @05:02PM (#29354640)
I'd rather be connected to contextual ads than have my OS vendor try to keep my entire digital life hostage for a ransom.
Re:Microsoft pushes ahead with controversial ‘buy now, pay l... by greyhat on Friday November 26, 2021 @02:20PM (#29353157)
> While the service is being promoted as ‘interest-free’, some were quick to point out that all transactions are subject to a “$4 flat fee”.
Re:Microsoft pushes ahead with controversial ‘buy now, pay l... by BbzzbB on Friday November 26, 2021 @03:40PM (#29353869)
Of all the FAAMG out there, Microsoft arguably has the most diverse revenue streams, I don't see what's surprising with them going after another market (let alone payments). It's just another layer for monetization and doesn't prevent them pursuing their other business lines (it's arguably different teams anyway). Nothing's ever worth it if you take the approach of "It's already worth/earning 100x, adding 1x isn't worth the effort".

P.s.: I don't mean to defend BNPL, IMO it is shark loaning disguised behind late fees. I forgot the exact number but when I did the (ballpark) math for Afterpay you were capping at like 30% in late fees within 3/4 months.

Re:Microsoft pushes ahead with controversial ‘buy now, pay l... by slimsag on Friday November 26, 2021 @04:23PM (#29354264)
> Of all the FAAMG out there

Of all the MANGA* out there

FTFY

Re:Microsoft pushes ahead with controversial ‘buy now, pay l... by Shared404 on Friday November 26, 2021 @05:08PM (#29354703)
Not the commenter above, but I don't really want to support Facebook's attempt to dodge bad press with a name change.

I'll stick with FAAMG.

Re:Microsoft pushes ahead with controversial ‘buy now, pay l... by BbzzbB on Friday November 26, 2021 @11:27PM (#29357404)
I'm not too political/ideological about it, but Alphabet kept it's G in the acronym, Meta will keep it's F. I may revisit once they don't get >90% of their revenue from Google Services and Facebook + IG. But I do think if we're gonna be pedantic about Meta, we should be the same with Alphabet.
Re:Microsoft pushes ahead with controversial ‘buy now, pay l... by jaredsohn on Friday November 26, 2021 @05:06PM (#29354676)
MAMAA
Re:Microsoft pushes ahead with controversial ‘buy now, pay l... by scrollaway on Friday November 26, 2021 @08:11PM (#29356137)
The Scrooge McDuck from the Ducktales remake (which I heartily recommend watching; it's a wonderfully funny cartoon for adults that pokes fun at plenty of adult things including silicon valley and mark zuckerberg) actually talks a bit about making money the smart way rather than being a penny-pincher. Which is a nice departure from the old persona.
Re:Microsoft pushes ahead with controversial ‘buy now, pay l... by squarefoot on Friday November 26, 2021 @02:13PM (#29353093)
There is zero proof that it will remain interest free forever; also their main goal here is to engage as much people as possible, so that each purchase click will generate profits indirectly through users profiling etc.
Re:Microsoft pushes ahead with controversial ‘buy now, pay l... by ffhhj on Friday November 26, 2021 @02:07PM (#29353052)
The goal is per team, Edge team must find new ways to generate profit, how much they make doesn't really matter, but the goal is to keep increasing this profit.
Re:Microsoft pushes ahead with controversial ‘buy now, pay l... by watermelon0 on Friday November 26, 2021 @03:45PM (#29353917)
What profit did legacy Edge bring them? Considering all the development efforts, I'd believe it was more of a money sink than anything else.
Re:Microsoft pushes ahead with controversial ‘buy now, pay l... by themitigating on Friday November 26, 2021 @07:03PM (#29355660)
What about WSL?
Re:Microsoft pushes ahead with controversial ‘buy now, pay l... by globalise83 on Friday November 26, 2021 @02:15PM (#29353115)
If you simply subtract some estimate of damage to their multi-billion dollar brand, it far outweighs any conceivable revenue from this creepy feature. It is not as if buy-now-pay-later is not already widely available on most merchant checkout pages. This will just be one option among many.
Re:Microsoft pushes ahead with controversial ‘buy now, pay l... by FredPret on Friday November 26, 2021 @01:45PM (#29352848)
But their thinking is flawed. The reason is of course profit, but the result will not be profit.
Re:Microsoft pushes ahead with controversial ‘buy now, pay l... by derekjdanserl on Friday November 26, 2021 @02:07PM (#29353051)
Re:Microsoft pushes ahead with controversial ‘buy now, pay l... by siproprio on Saturday November 27, 2021 @11:19AM (#29361238)
Chrome doesn't do this.
Re:Microsoft pushes ahead with controversial ‘buy now, pay l... by SahAssar on Friday November 26, 2021 @06:07PM (#29355226)
The previous edge (at least the latter versions) weren't that bad. I had about the same amount of issues with safari and the edgeHTML edge, but the big difference for me was that at least I could test edge legally on a non-windows machine while I cannot for safari. I also ran into some issues of corporate policies holding back updates, which seems like a "unique" "feature" of windows.

Not being able to legally, without paying, test safari compatibility is crazy to me.

Re:Microsoft pushes ahead with controversial ‘buy now, pay l... by ocdtrekkie on Friday November 26, 2021 @01:28PM (#29352691)
They copied a browser which renders websites the same way as the browser they copied from. Value add, whether you like their choices or not, is arguably the only reason one would pick their browser over the browser they copied.
Re:Microsoft pushes ahead with controversial ‘buy now, pay l... by MomoXenosaga on Friday November 26, 2021 @04:50PM (#29354518)
I do understand. Look at Firefox: they are barely hanging on.
Re:Microsoft pushes ahead with controversial ‘buy now, pay l... by Oddskar on Friday November 26, 2021 @04:54PM (#29354558)
Only because the Mozilla foundation spends their money doing all kinds of dumb things that no one wants.
Re:Microsoft pushes ahead with controversial ‘buy now, pay l... by seoaeu on Friday November 26, 2021 @11:51PM (#29357533)
That is not the "only" reason that Mozilla is struggling. There are vanishingly few companies their size who manage to remotely hold their own against Google for over a decade, let alone in a market segment that Google has invested on the order of billions of dollars in engineer time and advertising cost (some of it in the form of "free" advertising on the google.com homepage). That Mozilla has to contend with Google also being basically the only one willing to purchase search deals with them just makes it even more difficult.
Re:Microsoft pushes ahead with controversial ‘buy now, pay l... by encryptluks2 on Friday November 26, 2021 @10:28PM (#29357095)
Their password program was an example of this.
Re:Microsoft pushes ahead with controversial ‘buy now, pay l... by hiddencost on Friday November 26, 2021 @02:33PM (#29353276)
Data
Re:Microsoft pushes ahead with controversial ‘buy now, pay l... by benjamir on Friday November 26, 2021 @05:19PM (#29354794)
As long as economics 101 is: "Hello capitalism!" ... What do you expect?