Microsoft "permanently disabled" Internet Explorer on Valentine's Day, shutting down a web browser that for a long time has stood in the shadow of newer, better web browsers.
Microsoft Edge has co-existed with Internet Explorer for years, but now it will be the default browser on all Windows devices.
“Not only is Microsoft Edge a faster, more secure and more modern browsing experience than Internet Explorer, but it is also able to address a key concern: compatibility for older, legacy websites and applications,” Sean Lyndersay, general manager of Microsoft Edge Enterprise, wrote in a 2021 blog post announcing Internet Explorer's eventual demise.
The browser launched in 1995 and for a long time was the most popular entry point to the web. Then federal regulators in 1997 sued Microsoft for requiring computer makers to use Internet Explorer as part of Windows.
The legal pressure eventually forced Microsoft to open up Windows to other browsers, which soon gained market share.
Google's Chrome now makes up 65 percent of the browser market, and Apple's Safari makes up 19 percent, according to analytics company Statcounter. As for Microsoft Edge, it currently stands at around 4 percent.
Internet Explorer's final version came out in 2013.
While more nostalgic web denizens lamented the brower's passing, others commented that it had become "bug-ridden and insecure," and noted that it was primarily used for downloading other browsers.
A stacked week of earnings this week as Facebook, Twitter, Amazon and several others gear up to release their quarterly results. Earnings have so far exceeded expectations despite supply chain concerns and the ongoing pandemic. Daniel Newman, Futurum Research principal analyst, tells Cheddar which companies he's paying attention to this week.
Last week, shares of Digital World Acquisition Corp skyrocketed after following Former Present Trump's announcement that he would be partnering with the company as part of a Special Purpose Acquisition Company, or SPAC. Christian Munafo, Chief Investment Officer of Liberty Street Advisors and portfolio Manager of the Private Shares Fund broke down the latest, including whether or not Wall Street is currently experiencing a SPAC boom.
Facebook reported a beat on its Q3 earnings on Monday, despite a miss on revenue. This comes as the social media giant has found itself entrenched in negative headlines of late. Timothy Lesko, Partner and Portfolio Manager at Granite Investment Advisors, joined Cheddar to break down the latest.
Facebook has been in the midst of a media firestorm thanks to the Wall Street Journal scathing report and Frances Haugen's whistleblowing among other news. With the social media giant set to release its Q3 earnings after the bell, Cheddar News caught up with John Quelch, Dean of Miami Herbery Business School to discuss what to expect.
Jill and Carlo cover the news out of Facebook's latest earnings, Tesla's monumental day, Dave Chappelle addresses controversy and the tragedy of the climate emergency.
The price of Bitcoin hit a new all-time high last week following the Wall Street debut of ProShares Bitcoin Strategy ETF. Todd Cipperman, Founding Principal for Cipperman Compliance Services, joins Cheddar News' Closing Bell, where he explains why ProShares' ETF got off to a hot start while Valkyrie's Bitcoin Strategy ETF, which debuted just days later, did not.
