Thursday, August 2, 2012

BlackBerry to Exit Hardware Business?

Thorsten Heins, chief executive of Research in Motion, says RIM cannot compete in hardware, and is willing to license the BlackBerry 10 operating system to other handset manufacturers.

“We don’t have the economy of scale to compete against the guys who crank out 60 handsets a year," says Heins. "To deliver BB10 we may need to look at licensing it to someone who can do this at a way better cost proposition than I can do it."

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Directv-Dish Merger Fails

Directv’’s termination of its deal to merge with EchoStar, apparently because EchoStar bondholders did not approve, means EchoStar continue...