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125-541: WPP plc is a British multinational communications , advertising , public relations , technology, and commerce holding company headquartered in London , England. It is the world's largest advertising company, as of 2023. WPP plc owns many companies, which include advertising, public relations, media, and market research networks such as AKQA , BCW , CMI Media Group, Essence Global , Finsbury , Grey , Hill & Knowlton , Mindshare , Ogilvy , Wavemaker , and VML . It

250-406: A blog as the fictional character Barry Scott, advertising mascot for Reckitt's cleaning fluid Cillit Bang , as a viral marketing platform. In October of that year blogger Tom Coates wrote an emotional post to his own blog about his long-estranged father. Among the expressions of condolences and sympathy in the post's comment section was one from a user identifying themselves as Barry Scott, with

375-741: A web browser . The new service is an attempt at capitalizing on the growing trend, fostered during the COVID-19 pandemic , for businesses to adopt a hybrid remote work environment, in which "employees split their time between the office and home". As the service will be accessible through web browsers, Microsoft will be able to bypass the need to publish the service through Google Play or the Apple App Store . Microsoft announced Windows 365 availability to business and enterprise customers on August 2, 2021. Multilingual support has been built into Windows since Windows 3.0. The language for both

500-766: A basis in a national ethos , being ultimate without a specific nationhood, and that this lack of an ethos appears in their ways of operating as they enter into contracts with countries that have low human rights or environmental standards . In the world economy facilitated by multinational corporations, capital will increasingly be able to play workers, communities, and nations off against one another as they demand tax, regulation and wage concessions while threatening to move. In other words, increased mobility of multinational corporations benefits capital while workers and communities lose. Some negative outcomes generated by multinational corporations include increased inequality , unemployment , and wage stagnation . Raymond Vernon presents

625-550: A change which Microsoft promised would provide better performance over its DOS-based predecessors. Windows XP would also introduce a redesigned user interface (including an updated Start menu and a "task-oriented" Windows Explorer ), streamlined multimedia and networking features, Internet Explorer 6 , integration with Microsoft's .NET Passport services, a " compatibility mode " to help provide backwards compatibility with software designed for previous versions of Windows, and Remote Assistance functionality. At retail, Windows XP

750-508: A corporation invests in a country in which it is not domiciled, it is called foreign direct investment (FDI). Countries may place restrictions on direct investment; for example, China has historically required partnerships with local firms or special approval for certain types of investments by foreigners, although some of these restrictions were eased in 2019. Similarly, the United States Committee on Foreign Investment in

875-619: A fire destroyed the Northampton factory, so production was restarted at Burntwood in Staffordshire. On 25 November 2004 WPP closed the Burntwood factory, and stopped manufacturing Picquotware; all assets were sold on 14 December 2004. In the 1980s, WPP began its strategy of growth via acquisitions. In later years, WPP regularly acquired dozens of companies annually. In January 1987, the company acquired Scott Stern Associates, at

1000-429: A free market system where there is little government interference. As a result, international wealth is maximized with free exchange of goods and services. To many economic liberals, multinational corporations are the vanguard of the liberal order. They are the embodiment par excellence of the liberal ideal of an interdependent world economy. They have taken the integration of national economies beyond trade and money to

1125-513: A large number of new features, Windows 7 was intended to be a more focused, incremental upgrade to the Windows line, with the goal of being compatible with applications and hardware with which Windows Vista was already compatible. Windows 7 has multi-touch support, a redesigned Windows shell with an updated taskbar with revealable jump lists that contain shortcuts to files frequently used with specific applications and shortcuts to tasks within

1250-455: A link back to Cohn & Wolfe's in-character blog as Barry Scott. Offended by the apparent use of his blog comments on such a personal post as a spam advertising venue, Coates traced the comment's originating IP address through addresses owned by Young & Rubicam and back to Reckitt. Reckitt initially denied responsibility for the message, but wrote Coates an apology acknowledging the message's inappropriateness, and Cohn & Wolfe issued

1375-615: A majority stake in Kantar . By selling a majority stake of Kantar to Bain Capital , WPP is believed to have generated $ 3.1 billion to help pay down debt. Read also sold the original Wire and Plastic Products company that Sorrell had purchased to create his business empire. The sale of 60% of the shares in Kantar was completed in December 2019. $ 1.9bn was used to reduce WPP's debt, and $ 1.2bn

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1500-490: A million troops to help, and by February 1991, Iraqi forces were expelled from Kuwait. Due to the oil boycott from Kuwait and Iran, oil prices rose and quickly recovered. Saudi Arabia once again led OPEC, and thanks to assistance in defending Kuwait, new relations emerged between the USA and OPEC. Operation "Desert Storm" brought mutual dependence among the main oil producers. OPEC continued to influence global oil prices but recognized

1625-610: A modular, portable kernel with preemptive multitasking and support for multiple processor architectures. However, following the successful release of Windows 3.0 , the NT development team decided to rework the project to use an extended 32-bit port of the Windows API known as Win32 instead of those of OS/2. Win32 maintained a similar structure to the Windows APIs (allowing existing Windows applications to easily be ported to

1750-400: A new Windows 365 service in the following month. The new service will allow for cross-platform usage , aiming to make the operating system available for both Apple and Android users. It is a separate service and offers several variations including Windows 365 Frontline, Windows 365 Boot, and the Windows 365 app. The subscription service will be accessible through any operating system with

1875-579: A program called "Interface Manager". The name "Windows" comes from the fact that the system was one of the first to use graphical boxes to represent programs; in the industry, at the time, these were called "windows" and the underlying software was called "windowing software." It was announced in November 1983 (after the Apple Lisa , but before the Macintosh ) under the name "Windows", but Windows 1.0

2000-510: A redesigned, object oriented user interface, replacing the previous Program Manager with the Start menu , taskbar , and Windows Explorer shell . Windows 95 was a major commercial success for Microsoft; Ina Fried of CNET remarked that "by the time Windows 95 was finally ushered off the market in 2001, it had become a fixture on computer desktops around the world." Microsoft published four OEM Service Releases (OSR) of Windows 95, each of which

2125-465: A special version with integrated peer-to-peer networking features and a version number of 3.11, was released. It was sold along with Windows 3.1. Support for Windows 3.1 ended on December 31, 2001. Windows 3.2, released in 1994, is an updated version of the Chinese version of Windows 3.1. The update was limited to this language version, as it fixed only issues related to the complex writing system of

2250-543: A specific base language and are commonly used for more popular languages such as French or Chinese. These languages cannot be downloaded through the Download Center, but are available as optional updates through the Windows Update service (except Windows 8). The interface language of installed applications is not affected by changes in the Windows interface language. The availability of languages depends on

2375-449: A statement of remorse for their misuse of the "experimental" blog which they then ceased operating. The controversy and its fallout led to further discussions among the blogger community as well as the advertising industry on the ethical issues surrounding blogs being "operated" by fictional characters for the purposes of advertising without being clearly labeled as such, and the extent to which those blogs should be allowed to participate in

2500-416: A successor to NT 4.0. The Windows NT name was dropped at this point in order to put a greater focus on the Windows brand. The next major version of Windows NT, Windows XP , was released to manufacturing (RTM) on August 24, 2001, and to the general public on October 25, 2001. The introduction of Windows XP aimed to unify the consumer-oriented Windows 9x series with the architecture introduced by Windows NT,

2625-549: Is a product line of proprietary graphical operating systems developed and marketed by Microsoft . It is grouped into families and sub-families that cater to particular sectors of the computing industry – Windows (unqualified) for a consumer or corporate workstation , Windows Server for a server and Windows IoT for an embedded system . Windows is sold as either a consumer retail product or licensed to third-party hardware manufacturers who sell products bundled with Windows. The first version of Windows, Windows 1.0 ,

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2750-399: Is a WPP-owned production company. WPP's shopper marketing promotions company is PEP, LLC (formerly Promotion Execution Partners). WPP-owned brand consultancies include Superunion (a combination of Brand Union , Lambie-Nairn , and three other brand consulting businesses) and Landor . In 2005 advertising agency Cohn & Wolfe (later merged into WPP) was contracted by Reckitt to operate

2875-435: Is an edition of Windows that runs on minimalistic computers , like satellite navigation systems and some mobile phones. Windows Embedded Compact is based on its own dedicated kernel, dubbed Windows CE kernel. Microsoft licenses Windows CE to OEMs and device makers. The OEMs and device makers can modify and create their own user interfaces and experiences, while Windows CE provides the technical foundation to do so. Windows CE

3000-450: Is an unofficial name given to the version of Windows that runs on Xbox consoles. From Xbox One onwards it is an implementation with an emphasis on virtualization (using Hyper-V ) as it is three operating systems running at once, consisting of the core operating system , a second implemented for games and a more Windows-like environment for applications. Microsoft updates Xbox One's OS every month, and these updates can be downloaded from

3125-502: Is considered the world's biggest advertising agency group. WPP focuses on communications, experience, commerce, and technology. Headquartered in London, England, WPP has approximately 130,000 employees throughout its portfolio of businesses across more than 100 countries, as of 2018. WPP's notable advertising agency company holdings include Grey , Ogilvy , VMLY&R , and Wunderman Thompson . The XM Gravity Indonesia subsidiary company

3250-410: Is often handled through international arbitration . The actions of multinational corporations are strongly supported by economic liberalism and free market system in a globalized international society. According to the economic realist view, individuals act in rational ways to maximize their self-interest and therefore, when individuals act rationally, markets are created and they function best in

3375-604: Is one of the "Big Four" agency companies, alongside Publicis , The Interpublic Group of Companies , and Omnicom Group . WPP has a primary listing on the London Stock Exchange , and is a constituent of the FTSE 100 Index . On 14 April 2018, Martin Sorrell retired 33 years after founding the company, following allegations of bullying and sexual indescretions, and Roberto Quarta was appointed chairman . Mark Read

3500-529: Is said to be available to update from qualified Windows 7 with SP1, Windows 8.1 and Windows Phone 8.1 devices from the Get Windows 10 Application (for Windows 7 , Windows 8.1 ) or Windows Update ( Windows 7 ). In February 2017, Microsoft announced the migration of its Windows source code repository from Perforce to Git . This migration involved 3.5 million separate files in a 300-gigabyte repository. By May 2017, 90 percent of its engineering team

3625-573: Is the most popular desktop operating system in the world, with a 70% market share as of March 2023 , according to StatCounter ; however when including mobile OS es, it is not the most used, in favor of Android . As of today, the most recent version of Windows is Windows 11 for consumer PCs and tablets , Windows 11 Enterprise for corporations, and Windows Server 2025 for servers. Still supported are some editions of Windows 10 , Windows Server 2016 or later (and exceptionally with paid support down to Windows Server 2008 ). As of today,

3750-447: Is the last Windows client operating system to support Itanium. Windows Server line continues to support this platform until Windows Server 2012 ; Windows Server 2008 R2 is the last Windows operating system to support Itanium architecture. On April 25, 2005, Microsoft released Windows XP Professional x64 Edition and Windows Server 2003 x64 editions to support x86-64 (or simply x64), the 64-bit version of x86 architecture. Windows Vista

3875-865: Is usually a large corporation incorporated in one country that produces or sells goods or services in various countries. Two common characteristics shared by MNCs are their large size and centrally controlled worldwide activities. MNCs may gain from their global presence in a variety of ways. First of all, MNCs can benefit from the economy of scale by spreading R&D expenditures and advertising costs over their global sales, pooling global purchasing power over suppliers, and utilizing their technological and managerial experience globally with minimal additional costs. Furthermore, MNCs can use their global presence to take advantage of underpriced labor services available in certain developing countries and gain access to special R&D capabilities residing in advanced foreign countries. The problem of moral and legal constraints upon

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4000-980: The British East India Company founded in 1600 and the Dutch East India Company (VOC) founded in 1602. In addition to carrying on trade between Great Britain and its colonies, the British East India Company became a quasi-government in its own right, with local government officials and its own army in India. Other examples include the Swedish Africa Company founded in 1649 and the Hudson's Bay Company founded in 1670. These early corporations engaged in international trade and exploration and set up trading posts. The Dutch government took over

4125-610: The Ministry of Information and Communications for advertising products on YouTube and Facebook in a manner which breached Vietnam's strict laws on cross-border advertising. The legislation is designed to combat offensive material which is intended to damage the Communist Party of Vietnam and the Government of Vietnam . WPP had committed various advertising violations, including inserting advertisements into intervals in

4250-585: The Start screen , which uses large tiles that are more convenient for touch interactions and allow for the display of continually updated information, and a new class of apps which are designed primarily for use on touch-based devices. The new Windows version required a minimum resolution of 1024×768 pixels, effectively making it unfit for netbooks with 800×600-pixel screens. Other changes include increased integration with cloud services and other online platforms (such as social networks and Microsoft's own OneDrive (formerly SkyDrive) and Xbox Live services),

4375-974: The Windows Driver Model , support for USB composite devices , support for ACPI , hibernation , and support for multi-monitor configurations. Windows 98 also included integration with Internet Explorer 4 through Active Desktop and other aspects of the Windows Desktop Update (a series of enhancements to the Explorer shell which was also made available for Windows 95). In May 1999, Microsoft released Windows 98 Second Edition , an updated version of Windows 98. Windows 98 SE added Internet Explorer 5.0 and Windows Media Player 6.2 amongst other upgrades. Mainstream support for Windows 98 ended on June 30, 2002, and extended support for Windows 98 ended on July 11, 2006. On September 14, 2000, Microsoft released Windows Me (Millennium Edition),

4500-505: The Windows Image Acquisition framework for retrieving images from scanners and digital cameras), additional system utilities such as System File Protection and System Restore , and updated home networking tools. However, Windows Me was faced with criticism for its speed and instability, along with hardware compatibility issues and its removal of real mode DOS support. PC World considered Windows Me to be one of

4625-578: The Windows Store service for software distribution, and a new variant known as Windows RT for use on devices that utilize the ARM architecture , and a new keyboard shortcut for screenshots . An update to Windows 8, called Windows 8.1 , was released on October 17, 2013, and includes features such as new live tile sizes, deeper OneDrive integration, and many other revisions. Windows 8 and Windows 8.1 have been subject to some criticism, such as

4750-451: The x86 -based personal computer became dominant in the professional world. Windows NT 4.0 and its predecessors supported PowerPC , DEC Alpha and MIPS R4000 (although some of the platforms implement 64-bit computing , the OS treated them as 32-bit). Windows 2000 dropped support for all platforms, except the third generation x86 (known as IA-32 ) or newer in 32-bit mode. The client line of

4875-446: The "Tablet PC" edition (designed for mobile devices meeting its specifications for a tablet computer , with support for stylus pen input and additional pen-enabled applications). Mainstream support for Windows XP ended on April 14, 2009. Extended support ended on April 8, 2014. After Windows 2000, Microsoft also changed its release schedules for server operating systems; the server counterpart of Windows XP, Windows Server 2003 ,

5000-617: The 19th century, such as the Rio Tinto company founded in 1873, which started with the purchase of sulfur and copper mines from the Spanish government. Rio Tinto, now based in London and Melbourne , Australia, has made many acquisitions and expanded globally to mine aluminum , iron ore , copper , uranium , and diamonds . European mines in South Africa began opening in the late 19th century, producing gold and other minerals for

5125-680: The C development environment, which included numerous windows samples. Windows 2.0 was released in December 1987, and was more popular than its predecessor. It features several improvements to the user interface and memory management. Windows 2.03 changed the OS from tiled windows to overlapping windows. The result of this change led to Apple Computer filing a suit against Microsoft alleging infringement on Apple's copyrights (eventually settled in court in Microsoft's favor in 1993). Windows 2.0 also introduced more sophisticated keyboard shortcuts and could make use of expanded memory . Windows 2.1

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5250-487: The Chinese drama series Flight to You which depicted the disputed U-shaped line . Multinational corporation Most of the current largest and most influential companies are publicly traded multinational corporations, including Forbes Global 2000 companies. The history of multinational corporations began with the history of colonialism . The first multi-national corporations were founded to set up colonial "factories" or port cities. The two main examples were

5375-589: The Chinese language. Windows 3.2 was generally sold by computer manufacturers with a ten-disk version of MS-DOS that also had Simplified Chinese characters in basic output and some translated utilities. The next major consumer-oriented release of Windows, Windows 95 , was released on August 24, 1995. While still remaining MS-DOS-based, Windows 95 introduced support for native 32-bit applications , plug and play hardware, preemptive multitasking , long file names of up to 255 characters, and provided increased stability over its predecessors. Windows 95 also introduced

5500-551: The English language. Senior officials, although mostly still Swedish, all learned English and all major internal documents were in English, the lingua franca of multinational corporations. After the war, the number of businesses having at least one foreign country operation rose drastically from a few thousand to 78,411 in 2007. Meanwhile, 74% of parent companies are located in economically advanced countries. Developing and former communist countries such as China, India, and Brazil are

5625-575: The International Energy Agency (IEA), enabling states to coordinate policy, gather data, and monitor global oil reserves. In the 1970s, OPEC gradually nationalized the Seven Sisters. The Kingdom of Saudi Arabia, as the only largest world oil producer, could leverage this. However, Saudi Arabia opted for the correct approach and maintained consistent oil prices throughout the 1970s. In 1979, the "second oil shock" came from

5750-574: The Netherlands has become a popular choice, as its company laws have fewer requirements for meetings, compensation, and audit committees, and Great Britain had advantages due to laws on withholding dividends and a double-taxation treaty with the United States. Corporations can legally engage in tax avoidance through their choice of jurisdiction but must be careful to avoid illegal tax evasion . Corporations that are broadly active across

5875-558: The OLI framework. The other theoretical dimension of the role of multinational corporations concerns the relationship between the globalization of economic engagement and the culture of national and local responses. This has a history of self-conscious cultural management going back at least to the 60s. For example: Ernest Dichter, architect, of Exxon's international campaign, writing in the Harvard Business Review in 1963,

6000-464: The Third World colonies. That changed dramatically after 1945 as investors turned to industrialized countries and invested in manufacturing (especially high-tech electronics, chemicals, drugs, and vehicles) as well as trade. Sweden's leading manufacturing concern was SKF , a leading maker of bearings for machinery. In order to expand its international business, it decided in 1966 it needed to use

6125-636: The U.S. applies its corporate taxation "extraterritorially", which has motivated tax inversions to change the home state. By 2019, most OECD nations, with the notable exception of the U.S., had moved to territorial tax in which only revenue inside the border was taxed; however, these nations typically scrutinize foreign income with controlled foreign corporation (CFC) rules to avoid base erosion and profit shifting . In practice, even under an extraterritorial system, taxes may be deferred until remittance, with possible repatriation tax holidays , and subject to foreign tax credits . Countries generally cannot tax

6250-603: The US. Many of WPP's constituent agencies use Microsoft Windows , and the organisation was among those hit by the 2017 cyberattacks on Ukraine , with some staff's computer access limited to webmail only as much as ten days later. WPP merged Burson-Marsteller with Cohn & Wolfe to become BCW (Burson Cohn & Wolfe) in February 2018. In April 2018, Martin Sorrell retired after 33 years, following allegations of personal misconduct and misuse of company assets. Sorrell has denied

6375-541: The United States sanctions against Iran ; European companies faced with the possibility of losing access to the U.S. market by trading with Iran. International investment agreements also facilitate direct investment between two countries, such as the North American Free Trade Agreement and most favored nation status. Raymond Vernon reported in 1977 that of the largest multinationals focused on manufacturing, 250 were headquartered in

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6500-506: The United States scrutinizes foreign investments. In addition, corporations may be prohibited from various business transactions by international sanctions or domestic laws. For example, Chinese domestic corporations or citizens have limitations on their ability to make foreign investments outside China, in part to reduce capital outflow . Countries can impose extraterritorial sanctions on foreign corporations even for doing business with other foreign corporations, which occurred in 2019 with

6625-614: The United States as the largest consumer and guarantor of the existing oil security order. Since the Iraq War, OPEC has had only a minor influence on oil prices, but it has expanded to 11 members, accounting for about 40 percent of total global oil production, although this is a decline from nearly 50 percent in 1974. Oil has practically become a common commodity, leading to much more volatile prices. Most OPEC members are wealthy, and most remain dependent on oil revenues, which has serious consequences, such as when OPEC members were pressured by

6750-461: The United States from 2010. The USA became the leading oil producer, creating tension with OPEC. In 2014, Saudi Arabia increased production to push new American producers out of the market, leading to lower prices. OPEC then reduced production in 2016 to raise prices, further worsening relations with the United States. By 2012, only 7% of the world's known oil reserves were in countries that allowed private international companies free rein; 65% were in

6875-629: The United States, 115 in Western Europe, 70 in Japan, and 20 in the rest of the world. The multinationals in banking numbered 20 headquartered in the United States, 13 in Europe, nine in Japan and three in Canada. Today multinationals can select from a variety of jurisdictions for various subsidiaries, but the ultimate parent company can select a single legal domicile ; The Economist suggests that

7000-766: The VOC in 1799, and during the 19th century, other governments increasingly took over private companies, most notably in British India. During the process of decolonization , the European colonial charter companies were disbanded, with the final colonial corporation, the Mozambique Company , dissolving in 1972. Mining of gold, silver, copper, and oil was a major activity early on and remains so today. International mining companies became prominent in Britain in

7125-507: The West to the post-colonial South and invest either in foreign expenditures or ostentatious economic development projects. After 1974, most of the money from OPEC members ceased as payments for goods and services or investments in Western industry. In February 1974, the first Washington Energy Conference was convened. The most significant contribution of this conference was the establishment of

7250-588: The Windows NT family still ran on IA-32 up to Windows 10 (the server line of the Windows NT family still ran on IA-32 up to Windows Server 2008 ). With the introduction of the Intel Itanium architecture ( IA-64 ), Microsoft released new versions of Windows to support it. Itanium versions of Windows XP and Windows Server 2003 were released at the same time as their mainstream x86 counterparts. Windows XP 64-Bit Edition (Version 2003), released in 2003,

7375-430: The Windows interface, and require a certain base language (the language which Windows originally shipped with). This is used for most languages in emerging markets. Full Language Packs, which translate the complete operating system, are only available for specific editions of Windows (Ultimate and Enterprise editions of Windows Vista and 7, and all editions of Windows 8, 8.1 and RT except Single Language). They do not require

7500-620: The Xbox 360's system is backwards compatible with the original Xbox. Up to and including every version before Windows 2000 , Microsoft used an in-house version control system named Source Library Manager (SLM). Shortly after Windows 2000 was released, Microsoft switched to a fork of Perforce named Source Depot. This system was used up until 2017 once the system could not keep up with the size of Windows. Microsoft had begun to integrate Git into Team Foundation Server in 2013, but Windows (and Office) continued to rely on Source Depot. The Windows code

7625-527: The Xbox Live service to the Xbox and subsequently installed, or by using offline recovery images downloaded via a PC. It was originally based on NT 6.2 (Windows 8) kernel, and the latest version runs on an NT 10.0 base. This system is sometimes referred to as "Windows 10 on Xbox One". Xbox One and Xbox Series operating systems also allow limited (due to licensing restrictions and testing resources) backward compatibility with previous generation hardware, and

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7750-402: The ability to directly advertise on tech platforms, and competition with consultancies. While WPP had previously outperformed other companies in the industry, its growth slowed starting in 2017 and its market value dropped in 2018. Critics said WPP needed to become "nimbler" and "leaner". At the time, many WPP agencies operated mostly independently and competed for accounts. In late 2018, Read said

7875-405: The allegations. Chairman Roberto Quarta was temporarily named executive chairman. In September 2018, Mark Read, who was the global CEO of Wunderman, was named CEO. In the late 2010s, the advertising industry faced significant challenges. Changes in the industry landscape included financial pressure on global clients, in particular fast-moving consumer goods clients, companies taking work in-house,

8000-457: The application developers themselves. Windows 8 and Windows Server 2012 introduce a new Language Control Panel where both the interface and input languages can be simultaneously changed, and language packs, regardless of type, can be downloaded from a central location. The PC Settings app in Windows 8.1 and Windows Server 2012 R2 also includes a counterpart settings page for this. Changing

8125-437: The application, a home networking system called HomeGroup , and performance improvements. Windows 8 , the successor to Windows 7, was released generally on October 26, 2012. A number of significant changes were made on Windows 8, including the introduction of a user interface based around Microsoft's Metro design language with optimizations for touch-based devices such as tablets and all-in-one PCs. These changes include

8250-469: The behavior of multinational corporations, given that they are effectively "stateless" actors, is one of several urgent global socioeconomic problems that has emerged during the late twentieth century. Potentially, the best concept for analyzing society's governance limitations over modern corporations is the concept of "stateless corporations". Coined at least as early as 1991 in Business Week ,

8375-742: The collapse of the Shah's regime in Iran. Iran became a regional power due to oil money and American weapons. The Shah eventually abdicated and fled the country. This prompted a strike by thousands of Iranian oil workers, significantly reducing oil production in Iran. Saudi Arabia tried to cope with the crisis by increasing production, but oil prices still soared, leading to the "second oil shock." Saudi Arabia significantly reduced oil production, losing most of its revenues. In 1986, Riyadh changed course, and oil production in Saudi Arabia sharply increased, flooding

8500-654: The companies. This occurred in 1960. Prior to the 1973 oil crisis , the Seven Sisters controlled around 85 percent of the world's petroleum reserves . In the 1970s, most countries with large reserves nationalized their reserves that had been owned by major oil companies. Since then, industry dominance has shifted to the OPEC cartel and state-owned oil and gas companies, such as Saudi Aramco , Gazprom (Russia), China National Petroleum Corporation , National Iranian Oil Company , PDVSA (Venezuela), Petrobras (Brazil), and Petronas (Malaysia). A unilateral increase in oil prices

8625-515: The company had grown "unwieldy with too much duplication". He instituted a plan to reposition WPP as a "creative transformation company" and make its offer simpler. Read emphasized the importance of technology and also merged several WPP agencies: J. Walter Thompson merged with Wunderman to create Wunderman Thompson and Y&R merged with VML to create VMLY&R. Within Read's first year as CEO, he trimmed WPP by selling more than 30 subsidiaries, including

8750-653: The company paid £27m in UK corporation tax, compared to what the newspaper "might expect" based on reports of the firm making 15% of its profit in the UK, of around £126m. In 2012, the Indian broadcasting NDTV filed a lawsuit against Television Audience Measurement (TAM), a joint venture of the former competitors Nielsen and Kantar Media Research which for years has provided the only TV audience measurement system in India. The lawsuit alleged that viewership data were manipulated in favor of broadcasters willing to provide bribes. WPP Plc

8875-510: The conception was theoretically clarified in 1993: that an empirical strategy for defining a stateless corporation is with analytical tools at the intersection between demographic analysis and transportation research. This intersection is known as logistics management , and it describes the importance of rapidly increasing global mobility of resources. In a long history of analysis of multinational corporations, we are some quarter-century into an era of stateless corporations—corporations that meet

9000-643: The creation of a "world customer". The idea of a global corporate village entailed the management and reconstitution of parochial attachments to one's nation. It involved not a denial of the naturalness of national attachments, but an internationalization of the way a nation defines itself. "Multinational enterprise" (MNE) is the term used by international economist and similarly defined with the multinational corporation (MNC) as an enterprise that controls and manages production establishments, known as plants located in at least two countries. The multinational enterprise (MNE) will engage in foreign direct investment (FDI) as

9125-597: The debate from a neo-liberal perspective in Storm over the Multinationals (1977). Microsoft Windows 24H2 (10.0.26100.2454) (November 21, 2024 ; 5 days ago  ( 2024-11-21 ) ) [±] 23H2 (10.0.22635.4515) (November 22, 2024 ; 4 days ago  ( 2024-11-22 ) ) [±] 24H2 (10.0.26120.2415) (November 22, 2024 ; 4 days ago  ( 2024-11-22 ) ) [±] Microsoft Windows

9250-409: The design, mostly because of virtual memory and loadable virtual device drivers ( VxDs ) that allow Windows to share arbitrary devices between multi-tasked DOS applications. Windows 3.0 applications can run in protected mode , which gives them access to several megabytes of memory without the obligation to participate in the software virtual memory scheme. They run inside the same address space, where

9375-481: The firm makes direct investments in host country plants for equity ownership and managerial control to avoid some transaction costs . Sanjaya Lall in 1974 proposed a spectrum of scholarly analysis of multinational corporations, from the political right to the left. He put the business school how-to-do-it writers at the extreme right, followed by the liberal laissez-faire economists, and the neoliberals (they remain right of center but do allow for occasional mistakes of

9500-516: The full Windows feature set. The early versions of Windows are often thought of as graphical shells, mostly because they ran on top of MS-DOS and used it for file system services. However, even the earliest Windows versions already assumed many typical operating system functions; notably, having their own executable file format and providing their own device drivers (timer, graphics, printer, mouse, keyboard and sound). Unlike MS-DOS, Windows allowed users to execute multiple graphical applications at

9625-495: The greater blogosphere . With a number of shareholder revolts over executive pay having already happened at other public companies' AGMs earlier in the year, the media coverage of Martin Sorrell 's intended £12.93m compensation package drew increasing public attention in 2012. The result was a 59.52% shareholder vote to reject the resolution. It has been reported that WPP goes to great lengths to lower its own corporate tax bill. The Guardian reported that between 2003 and 2009

9750-416: The hands of state-owned companies that operated in one country and sold oil to multinationals such as BP, Shell, ExxonMobil and Chevron. Down through the 1930s, about 80% of the international investments by multinational corporations were concentrated in the primary sector, especially mining (especially oil) and agriculture (rubber, tobacco, sugar, palm oil , coffee, cocoa, and tropical fruits). Most went to

9875-471: The healthcare advertising, digital-marketing, online shopping, digital media, data management, retail and corporate consultancy, and sports-marketing industries. This included the 1999 acquisition of Lambie-Nairn. In 1998, WPP formed an alliance with Asatsu-DK Inc. of Japan. In May 2000, WPP agreed to acquire the United States–based Young & Rubicam Group for $ 5.7 billion, in what was at

10000-436: The interface language also changes the language of preinstalled Windows Store apps (such as Mail, Maps and News) and certain other Microsoft-developed apps (such as Remote Desktop). The above limitations for language packs are however still in effect, except that full language packs can be installed for any edition except Single Language, which caters to emerging markets. Windows NT included support for several platforms before

10125-576: The international oil market. Iran was unable to sell any of its oil. In August 1953, the then-prime minister was overthrown by a pro-American dictatorship led by the Shah, and in October 1954, the Iranian industry was denationalized. Worldwide oil consumption increased rapidly between 1949 and 1970, a period known as the 'golden age of oil'. This increase in consumption was caused not only by the growth of production by multinational oil companies but also by

10250-415: The internationalization of production. For the first time in history, production, marketing, and investment are being organized on a global scale rather than in terms of isolated national economies. International business is also a specialist field of academic research. Economic theories of the multinational corporation include internalization theory and the eclectic paradigm . The latter is also known as

10375-515: The keyboard and the interface can be changed through the Region and Language Control Panel. Components for all supported input languages, such as Input Method Editors , are automatically installed during Windows installation (in Windows XP and earlier, files for East Asian languages, such as Chinese, and files for right-to-left scripts, such as Arabic, may need to be installed separately, also from

10500-460: The largest recipients. However, 70% of foreign direct investment went into developed countries in the form of stocks and cash flows. The rise in the number of multinational companies could be due to a stable political environment that encourages cooperation, advances in technology that enable management of faraway regions, and favorable organizational development that encourages business expansion into other countries. A multinational corporation (MNC)

10625-433: The last DOS-based version of Windows. Windows Me incorporated visual interface enhancements from its Windows NT-based counterpart Windows 2000 , had faster boot times than previous versions (which however, required the removal of the ability to access a real mode DOS environment, removing compatibility with some older programs), expanded multimedia functionality (including Windows Media Player 7, Windows Movie Maker , and

10750-474: The laws and regulations of both their domicile and the additional jurisdictions where they are engaged in business. In some cases, the jurisdiction can help to avoid burdensome laws, but regulatory statutes often target the "enterprise" with statutory language around "control". As of 1992 , the United States and most OECD countries have the donot legal authority to tax a domiciled parent corporation on its worldwide revenue, including subsidiaries. As of 2019 ,

10875-494: The market with cheap oil. This caused a worldwide drop in oil prices, hence the "third oil shock" or "counter-shock." However, this shock represented something much bigger—the end of OPEC's dominance and its control over oil prices. Iraqi President Saddam Hussein decided to attack Kuwait. The invasion sparked a crisis in the Middle East, prompting Saudi Arabia to request assistance from the United States. The United States sent

11000-543: The marketplace such as externalities). Moving to the left side of the line are nationalists, who prioritize national interests over corporate profits, then the "dependencia" school in Latin America that focuses on the evils of imperialism, and on the far left the Marxists. The range is so broad that scholarly consensus is hard to discern. Anti-corporate advocates criticize multinational corporations for being without

11125-622: The only active top-level family is Windows NT . The first version, Windows NT 3.1 , was intended for server computing and corporate workstations . It grew into a product line of its own and now consists of four sub-families that tend to be released almost simultaneously and share the same kernel. These top-level Windows families are no longer actively developed: The term Windows collectively describes any or all of several generations of Microsoft operating system products. These products are generally categorized as follows: The history of Windows dates back to 1981 when Microsoft started work on

11250-461: The onset of the 2008–2012 global recession . In June 2012, WPP agreed to acquire the digital advertising agency AKQA for US$ 540 million. In November 2015, WPP agreed to acquire a majority stake in Essence , a global digital agency. In November 2016, WPP announced it will be acquiring PEP, LLC, a project management and procurement company that oversees shopper marketing promotions for clients, in

11375-403: The platform), but also supported the capabilities of the existing NT kernel . Following its approval by Microsoft's staff, development continued on what was now Windows NT, the first 32-bit version of Windows. However, IBM objected to the changes, and ultimately continued OS/2 development on its own. Windows NT was the first Windows operating system based on a hybrid kernel . The hybrid kernel

11500-560: The price collapse in 1998–1999. The United States still maintains close relations with Saudi Arabia. In 2003, U.S. forces invaded Iraq with the aim of removing the dictatorship and gaining access to Iraqi oil reserves, giving the United States greater strategic importance from 2000 to 2008. During this period, there was a constant shortage of oil, but its consumption continued to rise, maintaining high prices and leading to concerns about "peak oil". From 2005 to 2012, there were advances in oil and gas extraction, leading to increased production in

11625-611: The realities of the needs of source materials on a worldwide basis and to produce and customize products for individual countries. One of the first multinational business organizations, the East India Company , was established in 1601. After the East India Company came the Dutch East India Company , founded on March 20, 1603, which would become the largest company in the world for nearly 200 years. The main characteristics of multinational companies are: When

11750-495: The removal of the Start menu . On September 30, 2014, Microsoft announced Windows 10 as the successor to Windows 8.1. It was released on July 29, 2015, and addresses shortcomings in the user interface first introduced with Windows 8. Changes on PC include the return of the Start Menu, a virtual desktop system, and the ability to run Windows Store apps within windows on the desktop rather than in full-screen mode. Windows 10

11875-754: The said Control Panel). Third-party IMEs may also be installed if a user feels that the provided one is insufficient for their needs. Since Windows 2000, English editions of Windows NT have East Asian IMEs (such as Microsoft Pinyin IME and Microsoft Japanese IME) bundled, but files for East Asian languages may be manually installed on Control Panel. Interface languages for the operating system are free for download, but some languages are limited to certain editions of Windows. Language Interface Packs (LIPs) are redistributable and may be downloaded from Microsoft's Download Center and installed for any edition of Windows (XP or later) – they translate most, but not all, of

12000-420: The same time, through cooperative multitasking . Windows implemented an elaborate, segment-based, software virtual memory scheme, which allows it to run applications larger than available memory: code segments and resources are swapped in and thrown away when memory became scarce; data segments moved in memory when a given application had relinquished processor control. Windows 3.0 , released in 1990, improved

12125-439: The segmented memory provides a degree of protection. Windows 3.0 also featured improvements to the user interface. Microsoft rewrote critical operations from C into assembly . Windows 3.0 was the first version of Windows to achieve broad commercial success, selling 2 million copies in the first six months. Windows 3.1, made generally available on March 1, 1992, featured a facelift. In August 1993, Windows for Workgroups,

12250-501: The strong influence of the United States on the global oil market. In 1959, companies lowered the price of oil due to a surplus in the market. This reduction dealt a significant blow to the finances of producers. Saudi oil minister Abdullah Tariki and Venezuela’s Juan Perez Alfonso entered into a secret agreement (the Mahdi Pact), promising that if the price of oil was lowered a second time, they would take collective action against

12375-513: The time Scotland's largest design and advertising company. In the same year (1987), the company acquired J. Walter Thompson (including JWT , Hill & Knowlton , and MRB Group) for $ 566m. The company was listed on the NASDAQ in 1988 (and later switched its secondary listing to the NYSE). In 1989, it acquired Ogilvy Group for $ 864m. WPP's acquisitions continued into the 1990s, when WPP bought firms in

12500-513: The time the largest ever takeover in the advertising sector. The takeover made WPP the largest advertising company in the world measured by billings and revenue, overtaking Omnicom Group and Interpublic . In the 2000s, WPP Digital was created to develop the group's digital capabilities. In October 2008, WPP acquired market research firm Taylor Nelson Sofres for £1.6 billion. During 2009 WPP reduced its workforce by around 14,000 employees, or 12.3% of its then total staff numbers, in response to

12625-496: The world market, jobs for locals, and business and profits for companies. Cecil Rhodes (1853–1902) was one of the few businessmen in the era who became Prime Minister (of South Africa 1890–1896). His mining enterprises included the British South Africa Company and De Beers . The latter company practically controlled the global diamond market from its base in southern Africa. In 1945, the United States

12750-573: The world without a concentration in one area have been called stateless or "transnational" (although "transnational corporation" is also used synonymously with "multinational corporation" ), but as of 1992, a corporation must be legally domiciled in a particular country and engage in other countries through foreign direct investment and the creation of foreign subsidiaries. Geographic diversification can be measured across various domains, including ownership and control, workforce, sales, and regulation and taxation. Multinational corporations may be subject to

12875-503: The worldwide revenue of a foreign subsidiary, and taxation is complicated by transfer pricing arrangements with parent corporations. For small corporations, registering a foreign subsidiary can be expensive and complex, involving fees, signatures, and forms; a professional employer organization (PEO) is sometimes advertised as a cheaper and simpler alternative, but not all jurisdictions have laws accepting these types of arrangements. Disputes between corporations in different nations

13000-465: The worst operating systems Microsoft had ever released, and the fourth worst tech product of all time. In November 1988, a new development team within Microsoft (which included former Digital Equipment Corporation developers Dave Cutler and Mark Lucovsky ) began work on a revamped version of IBM and Microsoft's OS/2 operating system known as "NT OS/2". NT OS/2 was intended to be a secure, multi-user operating system with POSIX compatibility and

13125-407: Was announced as the successor to Windows 10 during a livestream. The new operating system was designed to be more user-friendly and understandable. It was released on October 5, 2021. As of May 2022, Windows 11 is a free upgrade to Windows 10 users who meet the system requirements. In July 2021, Microsoft announced it will start selling subscriptions to virtualized Windows desktops as part of

13250-562: Was appointed CEO in September 2018. The company was founded as Wire and Plastic Products plc to manufacture wire shopping baskets in 1971. In 1985 Martin Sorrell and Preston Rabl , searching for a listed company through which to build a worldwide marketing services company, bought a controlling stake. In 1986, WPP became the parent company of Picquotware, a manufacturer of teapots and jugs, based in Northampton . In November 1987

13375-492: Was available in a number of different editions , and has been subject to some criticism , such as drop of performance, longer boot time, criticism of new UAC, and stricter license agreement. Vista's server counterpart, Windows Server 2008 was released in early 2008. On July 22, 2009, Windows 7 and Windows Server 2008 R2 were released to manufacturing (RTM) and released to the public three months later on October 22, 2009. Unlike its predecessor, Windows Vista, which introduced

13500-517: Was designed as a modified microkernel , influenced by the Mach microkernel developed by Richard Rashid at Carnegie Mellon University, but without meeting all of the criteria of a pure microkernel. The first release of the resulting operating system, Windows NT 3.1 (named to associate it with Windows 3.1 ) was released in July 1993, with versions for desktop workstations and servers . Windows NT 3.5

13625-438: Was enabled by multinational corporations known as the 'Seven Sisters'. The "Seven Sisters" was a common term for the seven multinational companies that dominated the global petroleum industry from the mid-1940s to the mid-1970s. The nationalization of the Iranian oil industry in 1951 by Iranian Prime Minister Mohammad Mosaddegh and the subsequent boycott of Iranian oil by all companies had dramatic consequences for Iran and

13750-401: Was founded in 2008. WPP's digital company holdings include AKQA . WPP's public relations and public affairs company holdings include Hill+Knowlton Strategies , BCW (Burson Cohn & Wolfe) , and Ogilvy. WPP's media investment management company holdings include GroupM, Mindshare , Wavemaker and Essence . WPP's research insight and consulting companies include Kantar . Hogarth Worldwide

13875-448: Was fully aware that the means to overcoming cultural resistance depended on an "understanding" of the countries in which a corporation operated. He observed that companies with "foresight to capitalize on international opportunities" must recognize that " cultural anthropology will be an important tool for competitive marketing". However, the projected outcome of this was not the assimilation of international firms into national cultures, but

14000-546: Was labeled as "the largest nonviolent transfer of wealth in human history." The OPEC sought immediate discussions regarding participation in national oil industries. Companies were not inclined to object as the price hike benefited both them and OPEC members. In 1980, the Seven Sisters were entirely displaced and replaced by national oil companies (NOCs). The rise in oil prices burdened developing countries with balance of payments deficits, leading to an energy crisis. OPEC members had to abandon their plan of redistributing wealth from

14125-497: Was listed among the defendants as the holding group of Kantar and IMRB. The lawsuit was dismissed in its entirety on 4 March 2013. WPP handles the accounts of many major oil companies. Asked by Reuters to disclose their client list, WPP refused to do so. WPP has defended its work for fossil fuel companies. Lawsuits have alleged that four of WPP's advertisement campaigns for fossil fuel companies have been misleading or entailed greenwashing . WPP has been fined on three occasions by

14250-462: Was marketed in two main editions : the "Home" edition was targeted towards consumers, while the "Professional" edition was targeted towards business environments and power users , and included additional security and networking features. Home and Professional were later accompanied by the "Media Center" edition (designed for home theater PCs , with an emphasis on support for DVD playback, TV tuner cards , DVR functionality, and remote controls), and

14375-698: Was not released until November 1985. Windows 1.0 was to compete with Apple 's operating system, but achieved little popularity. Windows 1.0 is not a complete operating system; rather, it extends MS-DOS . The shell of Windows 1.0 is a program known as the MS-DOS Executive . Components included Calculator , Calendar, Cardfile , Clipboard Viewer , Clock, Control Panel , Notepad , Paint , Reversi , Terminal and Write . Windows 1.0 does not allow overlapping windows. Instead, all windows are tiled . Only modal dialog boxes may appear over other windows. Microsoft sold as included Windows Development libraries with

14500-462: Was released in April 2003. It was followed in December 2005, by Windows Server 2003 R2. After a lengthy development process , Windows Vista was released on November 30, 2006, for volume licensing and January 30, 2007, for consumers. It contained a number of new features , from a redesigned shell and user interface to significant technical changes , with a particular focus on security features . It

14625-569: Was released in September 1994, focusing on performance improvements and support for Novell 's NetWare , and was followed up by Windows NT 3.51 in May 1995, which included additional improvements and support for the PowerPC architecture. Windows NT 4.0 was released in June 1996, introducing the redesigned interface of Windows 95 to the NT series. On February 17, 2000, Microsoft released Windows 2000 ,

14750-675: Was released in two different versions: Windows/286 and Windows/386 . Windows/386 uses the virtual 8086 mode of the Intel 80386 to multitask several DOS programs and the paged memory model to emulate expanded memory using available extended memory . Windows/286, in spite of its name, runs on both Intel 8086 and Intel 80286 processors. It runs in real mode but can make use of the high memory area . In addition to full Windows packages, there were runtime-only versions that shipped with early Windows software from third parties and made it possible to run their Windows software on MS-DOS and without

14875-509: Was released on November 20, 1985, as a graphical operating system shell for MS-DOS in response to the growing interest in graphical user interfaces (GUIs). The name "Windows" is a reference to the windowing system in GUIs. The 1990 release of Windows 3.0 catapulted its market success and led to various other product families, including the now-defunct Windows 9x , Windows Mobile , Windows Phone , and Windows CE/Embedded Compact . Windows

15000-504: Was returned to shareholders. In July 2022, WPP acquired Corebiz, a Latin American ecommerce agency, for an undisclosed amount. In July 2024, WPP announced the appointment of former BT Group chief Philip Jansen as its chairman succeeding Roberto Quarta. Jansen is set to take over from Quarta as chairman on 1 January 2025. WPP is a large holding company involved in communications, advertising, public relations, and other businesses. It

15125-401: Was roughly equivalent to a service pack . The first OSR of Windows 95 was also the first version of Windows to be bundled with Microsoft's web browser , Internet Explorer . Mainstream support for Windows 95 ended on December 31, 2000, and extended support for Windows 95 ended on December 31, 2001. Windows 95 was followed up with the release of Windows 98 on June 25, 1998, which introduced

15250-586: Was the first client version of Windows NT to be released simultaneously in IA-32 and x64 editions. As of 2024, x64 is still supported. An edition of Windows 8 known as Windows RT was specifically created for computers with ARM architecture , and while ARM is still used for Windows smartphones with Windows 10, tablets with Windows RT will not be updated. Starting from Windows 10 Fall Creators Update (version 1709) and later includes support for ARM-based PCs. Windows CE (officially known as Windows Embedded Compact ),

15375-513: Was the world's largest oil producer. However, their reserves were declining due to high demand. Therefore, the United States turned to foreign oil sources, which had a significant impact on the recovery of the West after World War II. Most of the world's oil was found in Latin America and the Middle East, particularly in the Arab states of the Persian Gulf. This increase in non-American production

15500-556: Was used in the Dreamcast along with Sega's own proprietary OS for the console. Windows CE was the core from which Windows Mobile was derived. Its successor, Windows Phone 7 , was based on components from both Windows CE 6.0 R3 and Windows CE 7.0 . Windows Phone 8 however, is based on the same NT-kernel as Windows 8. Windows Embedded Compact is not to be confused with Windows XP Embedded or Windows NT 4.0 Embedded , modular editions of Windows based on Windows NT kernel. Xbox OS

15625-420: Was using Git, in about 8500 commits and 1760 Windows builds per day. In June 2021, shortly before Microsoft's announcement of Windows 11, Microsoft updated their lifecycle policy pages for Windows 10, revealing that support for their last release of Windows 10 will end on October 14, 2025. On April 27, 2023, Microsoft announced that version 22H2 would be the last of Windows 10. On June 24, 2021, Windows 11

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