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Microsoft moves away from smartphones; blockchain compliance

Microsoft is cutting 1,850 jobs from its struggling smartphone division. The announcement comes a week after the company sold its feature phone business to a Foxconn subsidiary. In Searchlight, Associate Editor Brian Holak talks to two industry watchers to get their take on what the decision spells for Microsoft’s mobile future.

When the CFO of Center for Advancement of Science in Space (CASIS) abandoned the space agency’s on-premises accounting software for a cloud-based one, he was ahead of his peers. In this Business POV column, Features Writer Jason Sparapani delves into how the cloud financial management system gave CASIS a real-time view into its finances – which opened up a whole host of benefits.

More videos from last week’s MIT Sloan CIO Symposium: Derek Roos, CEO of Boston startup Mendix, talks about how CIOs can use a bimodal strategy to better meet the demands of the business; and Christopher Paquette, a partner at McKinsey & Company, discusses where to start when scaling out digitization and the operational and output metrics businesses should use to gauge their digital transformation.

It’s time for our next #CIOChat, this time on the topic of designing a digital workplace. Join Kristine Dery, research scientist at MIT’s CISR, along with SearchCIO editors and staff on Twitter on Wednesday, June 1, at 3 p.m. EST, to discuss how to build an effective digital workplace.

Here’s what else was on SeachCIO this week:

Over on SearchCompliance…

Blockchain technology is garnering more and more attention in the financial sector. But questions are also cropping up: Are lawmakers overlooking blockhain’s security benefits? Furthermore, could overzealous regulation hinder potential innovation? Senior Site Editor Ben Cole explores the issue in this feature.

Here’s what else was on SearchCompliance this week:

Please follow @SearchCIO, @SearchCIOSMB and @ITCompliance for our new stories throughout the week.

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