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Microsoft To Shut Down Skype After 21 Years Corpers Knock FG Over Unpaid N77k Allowance

~0.9 mins read

Big tech company Microsoft is shutting down Skype, the 21-year-old internet-based phone and video service that once dominated digital communication. The software giant announced the decision in a statement on X (formerly Twitter) on Friday, urging Skype users to migrate to its free Microsoft Teams app. “Starting in May 2025, Skype will no longer be available. Over the coming days, you can sign in to Microsoft Teams Free with your Skype account to stay connected with all your chats and contacts. Thank you for being part of Skype,” the statement read. The shutdown comes 14 years after Microsoft acquired Skype for $8.5 billion—its largest cash acquisition at the time—as part of efforts to bolster its communication offerings. Following the acquisition, Microsoft integrated Skype into its broader ecosystem, including Office and the now-defunct Windows Phone platform. However, despite a brief resurgence during the pandemic, the service has struggled to compete with rivals like Zoom, Google Meet, etc., with its user base steadily declining in recent years. In 2003, Janus Friis and Niklas Zennström, co-founders of the peer-to-peer file-sharing platform Kazaa, launched Skype in Estonia with the support of a group of former classmates who had no prior experience in telecommunications.

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Investopedia

CVS Stock Plummets As It Replaces CEO

~1.1 mins read

CVS Health (CVS) stock tumbled about 7% in morning trading Friday after the pharmacy and healthcare giant announced the replacement of Chief Executive Officer (CEO) Karen Lynch with David Joyner, a longtime company veteran who most recently ran Caremark, its pharmacy benefit manager (PBM).

Joyner is taking the top job effective immediately, CVS said, as the company has weathered a difficult year of sales at its namesake pharmacies and problems with its bets on Medicare coverage that have led it to lower its full-year outlook several times already.

Newly appointed executive chairman Roger Farah said the board believes it was "the right time to make a change," and said Joyner's decades of experience with CVS "can help us more directly address the challenges our industry faces" and make necessary changes.

In addition to the CEO swap, CVS also provided preliminary guidance for third-quarter profit, projecting earnings per share (EPS) between 3 cents and 8 cents, and adjusted EPS of $1.05 to $1.10. Analysts are expecting EPS of $1.27, and adjusted EPS of $1.69, according to consensus estimates compiled by Visible Alpha.

The company is set to report third-quarter earnings Nov. 6, and said the lackluster projections are connected to costs related to its Medicare operations and other one-time expenses like store closures.

first reported the news that the CEO change was imminent, sending CVS stock lower Friday morning. After the announcement, shares were down more than 11% to $56.30, nearly 30% below where they started the year.

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Worldnews

Eid Mubarak 2025: Hear Greetings In Different Languages

~1.4 mins read

Eid begins on Sunday, March 30 in Saudi Arabia. Here’s how to wish a blessed Eid in different languages. With the sighting of the new moon in Saudi Arabia and neighbouring countries, the first day of Eid will be celebrated on Sunday, March 30. Other countries follow their own moon sightings, and those that began fasting on March 2 will announce tomorrow night whether Eid will fall on Monday, March 31. BREAKING NEWS: Eid Al Fitr 1446/2025 is tomorrow: Sunday, 30 March 2025 The Crescent for the month of Shawwal 1446 was SEEN in Saudi Arabia today subsequently tomorrow is the beginning of the month of Shawwal 1446 pic.twitter.com/6om5sAl38D — Inside the Haramain (@insharifain) March 29, 2025 Eid al-Fitr, the “festival of breaking the fast”, is celebrated at the end of the fasting month of Ramadan by Muslims worldwide. There are about 1.9 billion Muslims worldwide, approximately 25 percent of the world’s population. Indonesia has the world’s highest Muslim population, with some 240 million Muslims living in the country. Pakistan is second with about 225 million Muslims, followed by India (211 million), Bangladesh (155 million), and Nigeria (111 million). Traditionally, Eid is celebrated for three days as an official holiday in Muslim-majority countries. However, the number of holiday days varies by country. Muslims begin Eid celebrations by attending a prayer service shortly after dawn, followed by a short sermon. The day is spent visiting relatives and neighbours, accepting sweets and extending Eid greetings as they move around from house to house. The most popular greeting is “Eid mubarak” (Blessed Eid) or “Eid sa’id” (Happy Eid). Eid greetings also vary depending on the country and language. The video and graphics below show Eid greetings in 13 different languages. Follow Al Jazeera English:...

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Investopedia

Watch Out For These Levels In Apple's Stock Price

~1.6 mins read

Apple (AAPL) shares sit atop watchlists after the stock jumped more than 7% on Tuesday to mint a new record closing high, its first since Dec. 14. The surge followed the unveiling Monday of “Apple Intelligence,” a personalized version of artificial intelligence (AI) specifically designed for its devices, as well as a partnership with ChatGPT-maker OpenAI.

The daily percentage gain, the iPhone maker’s largest since November 2022, added around $215 billion to the company’s market capitalization, placing it on the cusp of reclaiming the title of the world’s most valuable company, a mantle currently held by legacy computing giant Microsoft (MSFT).

Below, we take a closer look at Apple’s chart and turn to technical analysis to identify important levels worth watching.

Apple shares have traded within an established trading range since August last year, with the price tagging the pattern’s upper and lower trendlines several times over the past nine months. Since finding buying interest near the bottom of the range in late April, the stock has continued to trend higher, culminating in Tuesday’s 7.3% breakout to a new closing high of $207.15.

Importantly, the breakout occurred on the highest trading volume in more than a year, suggesting buyer conviction by larger market participants, while the 50-day moving average (MA) also sits poised to cross above the 200-day MA to form a golden cross buy signal, a chart pattern technical analysts interpret as marking the start of a new uptrend.

Looking ahead, investors can forecast a price target using a measured move by calculating the distance of the trading range in dollars and adding the amount to the pattern’s top trendline. For example, adding $31 to $197 projects a price target of $228. This level could become a potential area of resistance where sellers may be satisfied to book profits.

When looking for retracement opportunities, investors should eye the trading range’s top trendline at $197 as this area has most likely flipped from an area of resistance into support. It’s also worth keeping in mind that a failure to hold this key level could indicate a potential bull trap, a chart pattern that cautions a downside reversal.

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Microsoft To Shut Down Skype After 21 Years Corpers Knock FG Over Unpaid N77k Allowance

CVS Stock Plummets As It Replaces CEO

Eid Mubarak 2025: Hear Greetings In Different Languages

Watch Out For These Levels In Apple's Stock Price