Tag Archives: Bloomberg

Apple, RIM sued by software maker Openwave over patents

Openwave Systems has filed patent infringement lawsuits against Apple and Research In Motion with a Delaware federal court and the U.S. International Trade Commission. Openwave believes products from both firms infringe on five patents related to how “mobile devices connect to the internet,” Bloomberg reports. The iPhone, iPod touch, iPad, BlackBerry PlayBook and BlackBerry Curve were all named in the suit. Openwave said it filed the lawsuits after it did not “receive a substantive response” when it offered both firms the option to license its technology. It hopes the threat of having the ITC block imports of the products “will lead the companies to negotiate licensing agreements.” “Openwave invented technologies that became foundational to the mobile Internet,” Openwave CEO Ken Denman said. “We believe that these large companies should pay us for the use of our technologies, particularly in light of the substantial revenue these companies have earned from devices that use our intellectual property.”

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iPhone and iPad competitors could benefit from Jobs’s resignation

Apple’s iPhone and iPad competitors could benefit with Steve Jobs out as CEO of Apple. “It’s going to give competitors a bit more of a lease of life to go out and compete harder,” Nomura International Plc. technology analyst Richard Windsor told Bloomberg, which noted that Sony and Nokia’s stock prices jumped after Jobs’ announcement. “It’s been thought about, talked about endlessly for the past several years that Tim Cook would probably take over so while you get an initial knee-jerk reaction on the downside, we would probably expect that not to last very long.” Apple will also need to maintain the momentum and market lead that Steve Jobs created as CEO. “If the new management team doesn’t sustain the level of innovation that Steve Jobs spearheaded, it’s going to be an opportunity for the competition in the long term,” Korea Investment Management Co. fund manager Lee Young Seog said. “Still, because of Tim Cook’s competence and the system at Apple, the competitive landscape isn’t likely to change anytime soon.” Steve Jobs announced his resignation from his CEO post on Wednesday and he will be replaced by Tim Cook, who has effectively been running the company while Jobs has been on leave. “Apple’s brightest and most innovative days are ahead of it,” Jobs said in his resignation letter on Wednesday.

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Rumor: QNX Smartphones Will Run Android Player – PlayBook Native Email Coming in September

Bloomberg has been fanning the rumor mill today with some tidbits from “three people familiar with the plan” for RIM’s QNX OS. These “three people” requested to not be identified because the effort is obviously not public but they are confirming that QNX BlackBerry smartphones will also run the Android Player in “early” 2012. According to one of these “people” the Android app player is the same one as RIM is working on for the PlayBook and it is being “tweaked to fit the different screen size and resolution of various BlackBerry models.” They also said that RIM plans on having this Android player installed on the QNX phones at launch and not as an upgrade like they are doing for the PlayBook.

Continue reading Rumor: QNX Smartphones Will Run Android Player – PlayBook Native Email Coming in September

British Parliament member calls for BBM suspension following London riots

BlackBerry maker Research In Motion has agreed to work with London authorities as they begin their investigation into recent riots. According to some Londoners, rioters were using RIM’s BlackBerry Messenger service, along with social networks such as Twitter, to organize the attacks. “It is clear that technology is being used, including in demonstrations, to direct people and undermine the police,” London’s deputy assistant commissioner Stephen Kavanagh told Bloomberg. “It is not for us to to moan about this, but to adapt policing style and deal with it.” RIM typically prides itself on the security of its BBM service and has denied access to governments worried the chat platform could be used for planning terrorist attacks. “We feel for those impacted by the riots in London,” RIM wrote in a recent tweet. “We have engaged with the authorities to assist in any way we can.” Read on for more.

Continue reading British Parliament member calls for BBM suspension following London riots

Primecap doubles RIM stake in major vote of confidence

Pasedena, California-based investment management firm Primecap Management Co. recently doubled its investment in BlackBerry vendor Research In Motion. According to a recent regulatory  filing, Primecap now owns 26.4 million shares of RIM stock valued at about $577 million as of Monday’s close, and the stake represents approximately 5% of RIM’s total outstanding shares. According to Bloomberg, Primecap’s stake at the end of the second quarter of this year was approximately 2.5%. As numerous analysts continue to cut their price targets on RIM stock, Primecap’s continued investment represents a major vote of confidence in RIM’s new BlackBerry 7 phones and its future QNX phones as well, which are due to begin launching in the first quarter of 2012.

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Kodak win in patent case against Apple will stand, ITC says

The U.S. International Trade Commission said on Tuesday its May ruling that Kodak did not infringe on Apple’s patents will stand. The two companies have been locked up in two separate legal battles for the better part of this year. Here’s how it started: Kodak first filed lawsuits against Apple and Research In Motion and accused both firms of infringing on its camera patents. That case was called “In the Matter of Certain Mobile Telephones and Wireless Communication Devices Featuring Digital Cameras, and Components Thereof.” A judge has already ruled in favor of RIM and Apple in that lawsuit, and it could end up costing the camera maker millions of dollars. Shortly after that case was filed, however, Apple responded with own suit against Kodak titled: “In the Matter of Digital Imaging Devices and Related Software.” That’s the suit that Kodak won in May and the one ITC ruled today will stand. “We are pleased that the commission has confirmed the ALJ’s finding that there is no violation by Kodak,” David Lanzillo, a Kodak spokesman, told Bloomberg.

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RIM Co-CEO's given 6 months to prove value of Co-CEO position

Co-CEO Clock ticking

The tech and business world has been reporting on the value of a Co-CEO position at RIM for quite some time.  But the chatter really picked up steam with inventor Northwest & Ethical Investments LP called for the roles to be split up last month.  At the annual shareholders meeting this week in Waterloo there was to be a vote on this proposal, but Northwest withdrew their motion and have give the company 6-months to show that this shared CEO role can work.

The rational behind this current RIM hating is a mystery to me.  If the only measure of RIM was their market share position, than I would be at the front of the line wondering WTF the boys in Waterloo are doing.  BUT that isn’t the whole story.

  • Are profits increasing each quarter compared to same quarter last year?  YES
  • Are the number of devices sold in each quarter increasing over previous quarter?  YES
  • Are company revenues not tied to one single product or vertical?  YES, in fact 40% over revenue in previous quarter came from licensing, not hardware sales

“But their market share is slipping and OS7 is just rearranging the deck chairs on the Titanic!” Well OK the BlackBerry has 40% smartphone market share in 2009, but total smartphones in the US as a percentage of all cell phones was only 19%.  So RIM had 40% of a 19% market.  Fast forward to 2011 when many are predicting that Ontario Hydro will turn off the electricity at RIM because they won’t have enough money to pay the bills.  Smartphones now account for 40% of all cell phones in the US.  And RIM’s share is down to 24.7%.  If I was running a business selling smartphones, I’d prefer 24.7% of 40% over 40% of 19% everyday of the week.

Is Waterloo the Garden of Eden?  No, of course not.  I believe that RIM does need to get things rolling and quickly, but the RIM Book of Revelations is not here either.  Kevin’s RIMPIRE Strikes Back campaign is spot on and needs our support!  The BlackBerry platform is here to stay.

Source: Bloomberg Businessweek

via: CB

US Army chooses Blackberry Playbook for replacing laptops

“Research in Motion Ltd’s PlayBook tablet computer, panned at its April debut, has an edge over Apple Inc’s iPad in the Army thanks to RIM’s encrypted servers.That advantage may soon dissipate as Apple’s more broadly popular devices march toward Defense Department security certification, which may come as early as this month, military officials said.Tablet computers are being tested across all military branches, according to interviews conducted by Bloomberg Government since May 17.The services pay $500 to $600 per tablet, less than half the cost of laptops that are “ruggedized,” or enhanced with a shell and toughened to withstand harsh environments. Tablets also may replace paper manuals, maps, biometric devices and some communications tools.The U.S. Army is leaning toward the PlayBook because RIM “addressed security concerns from the get-go,” stated Lieutenant Colonel Matthew Dosmann, who oversees mobile device pilot- testing for the Army’s cybersecurity division. Security remains an issue for Apple and may hold back wider use of iPads, he said.Apple, Dell Inc, RIM and other tablet makers are vying to tap the military market for computers, laptops and servers worth $2.9 billion in the government’s 2010 fiscal year. Of that amount, spending on enhanced laptops was $33 million. The department spent $37 million on tablets in the same fiscal year, according to Bloomberg data.” Read more here:

source : www.pdasnews.com

via:teechfeed.info

RIM’s sixth-largest investor to dump its entire stake

Following RIM’s first-quarter earnings release on Thursday, the company’s sixth-biggest investor confirmed that it is giving up on the Waterloo, Ontario-based BlackBerry maker. “They are resting on their laurels,” said Stephen Jarislowsky, chairman of Jarislowsky Fraser Ltd., on Friday in an interview with Bloomberg. “Steve Jobs is a much better marketer than RIM,” Jarislowsky added. ”We are on the way out. The stake has been reduced by more than 50% or even more.” As of the end of the first quarter, Jarislowsky Fraser Ltd. owned 10.2 million shares of RIM stock. Earlier on Friday, RBC Capital Markets said RIM still has some fight left in it. Sadly for RIM in this instance, it looks like not everyone agrees.

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AT&T Gives NYC Parks Free Wi-Fi

It appears that AT&T is trying to fix its bad rep in New York City for cellular coverage with a mighty gift: The company just announced a new initiative with the city offering free Wi-Fi in its parks for the next five years. And it’s not just restricted to subscribers — the public in general, customer or no, will be able to enjoy the free connectivity.

Starting now, Battery Bosque (Battery Park), the north-end playground in the Joyce Kilmer Park (Bronx), and the rec center at Thomas Jefferson Park (East Harlem) are all operational, with 23 more locations to follow. The list of sites includes:

  • Bronx: Joyce Kilmer Park, Bronx River Park and Devoe Park
  • Brooklyn: Brooklyn Bridge Park, Fort Greene Park, Herbert Von King Park, McCarren Park and Prospect Park
  • Manhattan: Battery Park, Thomas Jefferson Park, Central Park (multiple locations), the High Line, Holcombe Rucker Park, Marcus Garvey Park and Tompkins Square Park
  • Queens: Astoria Park, Flushing Meadows Corona Park and MacDonald Park
  • Staten Island: Clove Lake Park and South Beach

This is either a “make-good” or an attempt to ease the cellular data load, but either way, Mayor Bloomberg has reason to be tickled pink. In total, 26 locations across 20 parks will be outfitted with free public hotspots, and there are also renewal options, so the service might even continue beyond five years.

Users with select AT&T mobile devices will be able to connect automatically, while others will scan for their open Wi-Fi networks and join “attwifi.” Doesn’t look like any password is needed; just launch the browser and click to connect.

One word of caution, though: Be sure to set passwords/security for your devices. You don’t want random people tunneling in. You’ve been warned.