News

Microsoft Is Preparing To Uninstall The Legacy Version Of Its Edge Browser

Published

3 years ago

February 13, 2021

Microsoft

Support for the old version of Microsoft Edge will end on March 9, 2021, which means no more security updates for the unpopular successor to Internet Explorer. To keep Windows users safe, Microsoft will uninstall the unsupported version of Edge on April 13, 2021 and replace it with the Chromium-based one.

The replacement will be part of the Windows 10 cumulative monthly security update (also referred to as the Update Tuesday release). “When you apply this update to your devices, the out of support Edge Legacy desktop application will be removed, and the new Edge will be installed,” explains Microsoft on its website.

Windows users who have already installed the Chromium version won’t notice any difference because the latest Edge installer automatically removes the legacy version at the end of the installation process.

“The new Edge offers built-in security and our best interoperability with the Microsoft security ecosystem, all while being more secure than Chrome for businesses on Windows 10,” the company adds.

Users who would like to run Edge Legacy and the new Edge as a side-by-side experience can skip the update, but Microsoft advises against it, stating that Windows cumulative monthly security updates provide important updates to the Windows 10 operating system.

The Chromium-based version of Edge was released on January 15, 2020. Since then, the combined market share of the legacy and new versions grew to nearly 8 percent, earning Microsoft the second-biggest chunk of the web browser pie, after Google Chrome (nearly 70 percent).

Also Read: Google Launches Its Dunant Subsea Cable Between The US And Europe

One of the biggest advantages of the Chromium-based version of Edge is its support for Google Chrome extensions alongside Edge-specific extensions hosted by Microsoft. After enabling the “Allow extensions from other stores” switch in Settings, users can go to the Chrome Web Store and download any extension they want.

News

Mamo Completes $3.4M Funding Round To Enhance Fintech Services

The startup will use the influx of cash to expand into Saudi Arabia and across the wider GCC while improving its product offering.

Published

1 day ago

July 25, 2024

Nour Nasir

Mamo

UAE-based fintech Mamo has announced the completion of a $3.4 million funding round that will help the startup extend its market presence and improve its product offering. Investors included 4DX Ventures, the Dubai Future District Fund and Cyfr Capital.

Mamo’s platform offers “payment collection, corporate cards and expense management” to help small and medium-sized businesses consolidate and streamline their operations. With the latest influx of capital, Mamo will further develop its comprehensive suite of services and begin testing its product lines in Saudi Arabia, further extending its footprint across the GCC.

Imad Gharazeddine, co-founder and CEO of Mamo, stated: “We’ve been in the market for a while now and are incredibly proud of what our team has achieved. The holistic and expansive nature of our product offering has helped us continue to grow sustainably. This additional funding will allow us to reach our medium-term goals even faster. The support from new and existing investors is a testament to our strong expertise and the ability to deliver on our customer promise”.

Daniel Marlo, General Partner of lead investor 4DX Ventures, added: “We have immense trust in Imad’s vision, leadership and Mamo’s innovative approach to provide a user-friendly and comprehensive financial solution for SMEs that makes financial management more accessible and efficient. We are proud to partner with them and support their mission”.

Also Read: A Guide To Digital Payment Methods In The Middle East

Amer Fatayer, Managing Director of Dubai Future District Fund’s investment team, also commented: “Mamo’s localized product lines serve as an infrastructure for SME payments and spend management in UAE, a segment that is underserved by the country’s current banking infrastructure. The team has taken a product-first approach to consolidating SMEs’ financial journeys and building a fintech solution deeply embedded in a business’s core operations”.

To date, Mamo has raised around $13 million in investment funding and now boasts a team of 30 people. The company’s intuitive financial services platform has allowed over 1,000 businesses to consolidate their financial operations and significantly reduce payment fees.