RIM’s new CEO Thorsten Heins, who joined RIM in 2007 and previously served as a chief operating officer, said during a conference call that he would hone the current strategy rather than abandon it. “I don’t think that there is some drastic change needed. We are evolving … but this is not a seismic change,” Heins said. RIM’s U.S.-traded shares tumbled as investors wondered whether Heins could reverse the BlackBerry maker’s decline, closing the day down 8.5 percent.
The founder of file-sharing website Megaupload was ordered to be held in custody by a New Zealand court, as he denied charges of Internet piracy and money laundering and said authorities were trying to portray the blackest picture of him. U.S. authorities want to extradite Kim Dotcom, a German national also known as Kim Schmitz, on charges he masterminded a scheme that made more than $175 million in a few short years by copying and distributing music, movies and other copyrighted content without authorization. Megaupload’s lawyer has said the company simply offered online storage.
The Supreme Court ruled that police cannot put a GPS device on a suspect’s car to track his movements without a warrant. The high court ruled that placement of a device on a vehicle and using it to monitor the vehicle’s movements was covered by U.S. constitutional protections against unreasonable searches and seizures of evidence. “A majority of the court acknowledged that advancing technology, like cellphone tracking, gives the government unprecedented ability to collect, store, and analyze an enormous amount of information about our private lives,” Steven Shapiro of the American Civil Liberties Union said.
YouTube is streaming 4 billion online videos every day, a 25 percent increase in the past eight months, according to the company. Roughly 60 hours of video is now uploaded to YouTube every minute, compared with the 48 hours of video uploaded per minute in May, Google said. The jump in video views comes as Google pushes YouTube beyond the personal computer, with versions of the site that work on smartphones and televisions, and as the company steps up efforts to offer more professional-grade content on the site.
The number of Americans owning a tablet computer or e-reader nearly doubled over the holiday period as Kindles, Nooks and iPads proved to be popular gifts, a new study found. In early January, 19 percent of Americans surveyed by Pew owned an e-reader, up from 10 percent in December, with identical results for tablets, according to a report released by the Pew Internet and American Life Project.