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MacKenzie Scott alone accounted for one-third of America's $19.2 billion in megagifts last year

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MacKenzie Scott alone accounted for one-third of America's $19.2 billion in megagifts last year

2

Philanthropy leader at Warren Buffett and Bill Gates’ Giving Pledge says children of billionaires are pushing them to give their wealth away faster

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Ex-Google engineer says Larry Page, Sergey Brin and Sundar Pichai share the same trait—it's the lesson he swears by as a $7.2 billion AI CEO
Tech

Samsung’s latest smartphone doesn’t run Android

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Michal Addady
Michal Addady
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By
Michal Addady
Michal Addady
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October 14, 2015, 4:13 PM ET
Global Launch Of Samsung Z3
GURGAON, INDIA - OCTOBER 14: Indian playback singer Kailash Kher poses with the newly launched Samsung Z3 during the global launch on October 14, 2015 in Gurgaon, India. Samsung Z3 is the second Tizen OS-based smartphone launched in India and is priced at Rs 8,490. (Photo by Parveen Kumar/Hindustan Times via Getty Images)Photograph by Getty Images
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Samsung released its new Samsung Z3 smartphone in India on Wednesday—the second phone to run on the company’s Tizen operating system, The Wall Street Journal reports.

The first was the Samsung Z1, a device aimed at new phone users that was released in India at the start of 2015. With a price tag under $100, the smartphone has notched up sales of over 1 million. The company says that the Z3 provides an “upgraded user experience.” With its 5-inch HD resolution display and 8-megapixel camera, the $130 phone is not that different from Samsung’s midrange devices in more developed markets.

Samsung relies on Android to power most of its smartphones, but having its own operating system would give the company more control over which software and services can be used on its devices. However, it has run into difficulties convincing developers to retool their applications to be compatible with the Tizen operating system because of its insignificant market share.

Samsung’s Gear 2 smartwatch, which was revealed in September, and all of its televisions will soon be powered by Tizen as well. The company leads in TV sales, owning a third of the global market.

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