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Microsoft’s 2025 Deadline: What Businesses Need To Know

On October 14, 2025, Microsoft will officially end support for several widely used software products, including Windows 10, Office 2016, and Office 2019. With only a few months left, businesses must act quickly to assess their IT infrastructure and prepare for potential security, compliance, and operational challenges.

What Happens When Support Ends?

Once Microsoft discontinues support, affected software will no longer receive security updates, bug fixes, or technical assistance. This leaves systems exposed to cyberthreats, increasing the risk of data breaches and operational disruptions. Additionally, outdated software may face compatibility issues with new applications and hardware, complicating business processes.

For industries with strict regulatory requirements—such as finance, healthcare, and government—continuing to use unsupported software could lead to compliance violations and legal risks.

What Are The Options?

  1. Upgrade To Newer Microsoft Products
    • Businesses can transition to Microsoft 365 or Office 2024, both of which offer ongoing support and security updates. However, cloud-based solutions like Microsoft 365 require careful integration planning, especially in complex IT environments.
    • Windows 10 users can upgrade to Windows 11, provided their hardware meets system requirements. If an immediate upgrade isn’t possible, Microsoft offers Extended Security Updates (ESU) for a limited time—though at an additional cost.
  2. Consider Alternative Solutions
    • Companies seeking cost-effective options might explore LibreOffice, OpenOffice, or Google Workspace. While these alternatives offer similar functionality, they may require workflow adjustments and compatibility checks.
    • Some businesses may opt to maintain legacy software with enhanced security measures. Partnering with IT specialists can help organizations navigate licensing, compliance, and cybersecurity concerns while extending the usability of older systems.

Preparing For A Smooth Transition

With the deadline approaching, businesses should start planning now. A strategic transition plan should include:

  • Conducting a software audit to identify affected systems.
  • Evaluating upgrade paths and cost-effective solutions.
  • Strengthening cybersecurity to mitigate risks.
  • Consulting IT professionals to address licensing and compliance challenges.

The end of support for Windows 10, Office 2016, and Office 2019 is a critical moment for businesses. Whether upgrading, switching to alternative platforms, or securing legacy systems, early action will ensure security, compliance, and long-term IT resilience.

Chime’s Nasdaq Debut: A 37% Leap in the Fintech Arena

Chime set to debut on Nasdaq

On June 12, 2025, Chime had a groundbreaking debut on Nasdaq, where its shares surged by an impressive 37%. Initially priced above the expected range at $27, the shares closed the day at $37.11, setting a new market cap of $13.5 billion. From a valuation of $25 billion in its last venture round, this IPO marks a recalibration for Chime amidst evolving market dynamics.

The offering raised roughly $700 million, with an additional $165 million from existing shareholders. Despite the lower valuation, CEO Chris Britt highlights Chime’s commitment to serving Americans earning $100,000 or less, often overlooked by traditional banks. “We help our members avoid fees, access liquidity, and build savings,” Britt stated confidently.

Chime’s strong revenue momentum, with $518.7 million reported last quarter and a revenue increase by 32% year-over-year, underscores its growth potential. The company also achieved $25 million in adjusted profitability, improving its profit margin by 40 points over the past two years.

Chime now stands among fintech giants like eToro and Circle, rekindling investor interest in fintech IPOs. The future looks promising as other players like Klarna and Bullish eye public offerings.

For further insights into fintech innovation and investment opportunities, explore European Banking Evolution: Cyprus as a Catalyst for Regulatory Innovation and discover how Cyprus continues to play a pivotal role in financial advancements.

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