Friday, January 3, 2014

Nokia Begins Shutdown Of Symbian & MeeGo, Freezes Ovi Store

Following Nokia’s purchase by Microsoft, the phone company have begun to shutdown its operating systems, Symbian & MeeGo. As the new year dawned, Nokia officially shut off Symbian developers’ ability to make changes to existing MeeGo or Symbian apps, or publish new ones, on the Nokia Store. The Symbian Signed team, which supports developers signing update files for apps that have been downloaded from the store, today said a brief goodbye to developers that have stuck with the abandoned platform. “That was it; we are officially closed. Thank you all for the past years!” the Symbian Signed team wrote on Twitter yesterday. Weeks after announcing the planned sale of its devices and services business to Microsoft, Nokia gave its community of Symbian developers just three months to make final changes to any Symbian apps distributed through the Nokia Store.

Internal Rate of Return

It can be defined as the discount rate often used in capital budgeting that makes the net present value of all cash flows from a particular project equal to zero. Generally speaking, the higher a project's internal rate of return, the more desirable it is to undertake the project. As such, IRR can be used to rank several prospective projects a firm is considering. Assuming all other factors are equal among the various projects, the project with the highest IRR would probably be considered the best and undertaken first. Alternative names include .DCF (discounted cash flow yield),Marginal efficiency of Capital,discounted yield,economic rate of return and Actuarial of return. It can be found by drawing a graph known as a present value profile or by Calculation involving linear interpolation.