Research In Motion’s dismal quarterly results, the latest in a string of disappointments by the BlackBerry maker, could prove a boon to prospective buyers eyeing its treasure trove of wireless patents.
RIM’s shares took a beating on Friday, tumbling as much as 24 percent, a day after it reported earnings and issued an outlook that gave shareholders little reason to expect an imminent turnaround by the once proud Canadian technology giant.
Seven states have joined the U.S. Justice Department’s lawsuit to stop AT&T’s proposed purchase of T-Mobile USA, the Justice Department said.
Two of Twitter’s earliest investors have left the company’s board of directors, the latest change to the fast-growing social media company’s leadership.
Private equity company, Silver Lake, is considering a bid to buy Yahoo according to The New York Times. Other companies possibly interested in Yahoo or its assets include Microsoft or the Alibaba Group.