Analysts to new RIM CEO: Just launch better phones already
Research in Motion has appointed a new CEO in an effort to appease investors who clamored for the ouster of its co-CEO’s Mike Lazaridis and Jim Balsillie, the architects of the Blackberry. Analysts described the appointment as a step in the right direction but they were still anxious after Thorsten Heins’ first presentation to Wall Street as CEO.
The executive vowed to improve RIM’s marketing to help win over consumers particularly in the U.S. market where it has lost out to Apple and others . That’s all very well, according to Wall Street analysts but what about its’ much delayed launch of its next generation of BlackBerrys?
Icahn snaps up some LightSquared debt: sources
BOSTON/NEW YORK (Reuters) – Billionaire investor Carl Icahn is buying some of the debt of hedge fund manager Philip Falcone’s LightSquared Inc MOSAV.UL as the ailing wireless-network company runs short of cash, according to two sources familiar with the matter.
Icahn, a veteran corporate raider who has battled corporate chiefs at companies like Genzyme and Biogen for decades, quietly purchased a big chunk of LightSquared’s loans when hedge fund Farallon Capital Management sold $300 million of the debt late last year, the sources said on Friday.
IBM, other tech results point to robust IT demand
NEW YORK (Reuters) – A strong outlook from IBM and decent results from Intel Corp and Microsoft Corp suggest that corporate decision makers are shaking off nervousness about economic growth and boosting spending on technology.
IBM, the world’s largest technology services company, easily beat Wall Street’s fourth-quarter profit expectations and promised earnings growth of 10 percent this year.
Path to connected future clear at crowded tech show
LAS VEGAS (Reuters) – From the world’s first eye-controlled laptop and a pet-tracking app to a glass-encased ultra-thin notebook, 2012′s Consumer Electronics Show produced more than a few gems to point the way forward in technology.
Out of the noise and confusion of the sprawling electronic circus in Las Vegas, two trends stood clear: we will soon interact with devices without thinking about it — or even being aware of it — and everything we do will be connected to the rest of the world.
Analysis: Path to connected future clear at crowded show
LAS VEGAS (Reuters) – From the world’s first eye-controlled laptop and a pet-tracking app to a glass-encased ultra-thin notebook, 2012′s Consumer Electronics Show produced more than a few gems to point the way forward in technology.
Out of the noise and confusion of the sprawling electronic circus in Las Vegas, two trends stood clear: we will soon interact with devices without thinking about it — or even being aware of it — and everything we do will be connected to the rest of the world.
winding down my CES stories: FiOS fighting Netflix and co with “smart” TV, maybe even one from Apple http://t.co/HsLkdZcP
“Drip-casting”: Mobile’s answer to network logjams
LAS VEGAS (Reuters) – The wireless industry is looking at new ways to deliver mobile video services and charging consumers as it tries to boost usage without overloading networks, a top Verizon Wireless technology executive said.
The shift, which will happen as early as this year, involves a new concept the executive, Shadman Zafar, described- as drip-casting, where video is sent gradually to devices such as tablets.
from CES intereview with a Verizon Wireless exec: drip-casting, smart charging and 1800-data services anybody? http://t.co/eboRGbIN
FCC sees support for incentive auctions of wireless spectrum
LAS VEGAS (Reuters) – Julius Genachowski, the top U.S. telecommunications regulator, said on Wednesday that he has received bi-partisan support from a group of U.S. senators for so-called “incentive” auctions of wireless spectrum without legislative restrictions.
Genachowski, chairman of the U.S. Federal Communications Commission, is looking for approval to give broadcasters a financial incentive to return unused spectrum licenses to the FCC so it can then auction off the spectrum to companies offering mobile data services.
Mobile eyes new strategy, may sell towers
LAS VEGAS (Reuters) – T-Mobile USA is finalizing a new business plan which may include a sale of its wireless towers to help pay for a network upgrade as it looks to rebuild its business after its failed effort to sell itself to AT&T Inc, top executives of the Deutsche Telekom unit said.
“T-Mobile USA is alive and we are back in fighting spirit,” CEO Philip Humm told reporters at the Consumer Electronics Show in Las Vegas, as he promise more details about the company’s future strategy later this quarter.
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