Samsung will reduce the number of smartphone models it offers
Samsung has hit some hard times, and now the company is restructuring its smartphone business to streamline operations and improve profitability. It will reduce the number of different smartphone models it offers by 30%.
Ron Amadeo at Ars Technica reports on Samsung's changes:
...the company said it would cut its 2015 smartphone lineup by 25-30 percent. The company will work on the internals, too, saying during its last earnings call that it will "increase the number of components shared across mid- to low-end models, so that we can further leverage economies of scale."
In three years, the company has created 190 smartphones, for an average of 63 smartphones per year. Apple introduced five smartphones total in the same time period.
The Wall Street Journal notes that Samsung's decision may be due to increased competition with companies such as Xiaomi:
The decision to streamline its large smartphone portfolio came as the company seeks to cut costs to better compete with cheaper models, mainly from Chinese smartphone makers such as Xiaomi Inc.
In October, Samsung reported a 49% drop in its third-quarter net profit.
Mozilla dumps Google for Yahoo
Mozilla has long had a financially beneficial relationship with Google, but those days are now over. Mozilla has decided to switch to Yahoo as its default search engine, thus leaving Google out in the cold.
Ed Bott at ZDNet reports on the magnitude of this change for Mozilla:
The new deal replaces a longstanding partnership between Mozilla and Google which concludes at the end of this month after 10 years. The most recent three-year renewal of that agreement paid Mozilla $300 million a year, an amount equal to more than 90 percent of the pioneering browser maker's annual revenue.
Danny Sullivan at Marketing Land notes that it wasn't necessarily money that won Yahoo its place in Firefox:
It wasn’t more money that helped Yahoo win the Firefox search deal away from Google. According to Mozilla CEO Chris Beard, whose Mozilla Foundation oversees Firefox, Yahoo was simply the better strategic partner.
...praises Yahoo as being “aligned with our values of choice and independence” — which suggests that Firefox was feeling that Google had become too controlling or wanted more control about what was happening within Firefox. Or, perhaps Mozilla felt Google has been less about supporting the web and more about supporting itself than in the past.