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Palm, RIM earnings solid

MILPITAS, Calif.-Handheld device makers Palm Inc. and Research In Motion Ltd. seemed to fare relatively well over the quarter, with both companies reporting relatively solid earnings.Palm said it managed to move into the black and capitalize on its new products, scoring a net income...

RIM reports strong results

WATERLOO, Ontario-Research In Motion Ltd. reported a strong quarter with results in-line with the company's projections, as well as increased sales of its BlackBerry wireless e-mail device.The company's stock remained relatively unchanged following the news, its stock trading about $13.70 per share.RIM reported revenues...

Good Technology announces e-mail contract with law firm

SUNNYVALE, Calif.-The nation's 18th largest law firm will be the first to use Good Technology Inc.'s new G100 wireless e-mail devices, and will equip more than 1,200 employees with the device.O'Melveny & Myers L.L.P. is one of Good's more than 450 customers, although the...

Verizon to offer RIM device on 1x network

BEDMINSTER, N.J.-Verizon Wireless Inc. said it intends to offer Research In Motion Ltd.'s voice-enabled BlackBerry 6750 handheld device on its cdma2000 1x-based Express Network during the first quarter of next year. The launch will be the first BlackBerry device offered on a 1x network...

Nextel to ship BlackBerrys

WATERLOO, Ontario-Research In Motion Ltd. reported Nextel Communications Inc. will begin shipping its BlackBerry 6510 device this week. The Java-based 6510 will include Nextel's current iDEN-based voice and data capabilities, its Direct Connect functionality through a dedicated button on the side of the device,...

RIM loses patent claim against NTP

WATERLOO, Ontario-BlackBerry maker Research In Motion Ltd. lost a patent claim against NTP Inc. and could pay damages of $23 million. RIM said it would challenge the court's decision.The ruling seemed to alarm investors and analysts, sending the company's stock down about 10 percent...

Reference designs gain sponsors

Motorola Inc. claims it is the only company that has full type approval certification for its wireless reference designs for handhelds. Texas Instruments disagrees.Pointing to its I.250 platform for GPRS as a key example, Motorola said it has moved ahead of the pack with...

RIM loses patent claim against NTP

WATERLOO, Ontario-BlackBerry maker Research In Motion Ltd. lost a patent claim against NTP Inc., and could pay damages of $23 million. RIM said it would challenge the court's decision.The ruling seemed to alarm investors and analysts, sending the company's stock down about 10 percent...

Good Technology cuts jobs

SUNNYVALE, Calif.-Wireless enterprise company Good Technology Inc. announced an undisclosed number of layoffs, a move a company executive said would better align Good's business and increase its operating efficiency."As part of the alignment we have reduced staff across the organization," said Andrea Fleming, Good's...

Nokia, RIM sign software licensing agreement

ESPOO, Finland-Nokia Corp. and Research In Motion Ltd. signed a software licensing agreement granting Nokia the right to use and distribute certain RIM BlackBerry software in conjunction with Nokia products globally."By signing this software licensing deal with RIM, we are able to provide another...

Infowave settles patent claim with Glenayre

VANCOUVER, British Columbia-Infowave Software agreed to pay Glenayre Electronics Inc. $130,000 in cash and up to 20,000 shares of its stock in order to settle a patent claim Glenayre filed against the company earlier this year.Glenayre's legal dispute with wireless enterprise company Infowave stems...

RIM under fire for dealings on fees

TORONTO-Canada's Research in Motion Ltd. is facing allegations that it agreed to pay New York broker Credit Suisse First Boston to ensure analyst coverage. CSFB could face prosecution as a result of its flap with the Canadian technology company.In e-mails leaked by securities investigators,...

RIM under fire for dealings on fees

TORONTO-Canada's Research in Motion (RIM) is facing allegations that it agreed to pay New York broker Credit Suisse First Boston (CSFB) to ensure analyst coverage. CSFB could face prosecution as a result of its flap with the Canadian technology company.In e-mails leaked by securities...

RIM reports $73.4M in revenues, lowers outlook

WATERLOO, Ontario-Research In Motion Ltd. reported revenues of $73.4 million for its second quarter, and lowered its outlook for the rest of the year as well as its target to reach profitability.Investors seemed relatively heartened by the news, sending the company's stock up about...

Cingular Wireless, Tech Data form alliance

ATLANTA-In a move to expand its business-to-business distribution network, Cingular Wireless L.L.C. formed a strategic alliance with Tech Data Corp. to distribute an enterprise package featuring Cingular's Xpress Mail Enterprise Edition and Interactive Messaging Plus services with Research In Motion Ltd.'s BlackBerry devices.

Tech Data, Cingular Wireless announce distribution agreement

CLEARWATER, Fla.-Tech Data Corp. signed a distribution agreement with Cingular Wireless L.L.C. to ship Research in Motion 957, 950 and Enterprise Server Software communications products with Cingular's Xpress Mail Enterprise Edition nationwide wireless service.Financial terms of the agreement were not released.

Analysts warn RIM’s sales may stall

TORONTO-Analysts who cover Research in Motion Ltd. are warning that the Waterloo, Ontario-based company will not likely be able to sustain sales growth for some of its new wireless products.RTX Securities' Jason Tsai became the third analyst this week to issue a report cautioning...

Analysts warn RIM’s sales may stall

TORONTO-Analysts who cover Research in Motion (RIM) are warning that the Waterloo, Ontario, Canada-based company will not likely be able to sustain sales growth for some of its new wireless products.RTX Securities' Jason Tsai became the third analyst this week to issue a report...

RIM continues lawsuits against Good

WATERLOO, Ontario-BlackBerry maker Research In Motion Ltd. said it filed its third legal complaint against rival Good Technology Inc., this time alleging Good engaged in unfair competition, false advertising, trademark infringement and trademark dilution.RIM is asking the court for preliminary and permanent injunctive relief,...

Merrill Lynch uses Motient service

RESTON, Va.-Financial giant Merrill Lynch will use wireless data devices running over Motient Corp.'s wireless network to give its U.S. Private Client Group access to up-to-date financial information.The group will use the BlackBerry by Motient software and Research In Motion Ltd.'s 857 wireless devices."Reliable...

RIM shares jump on smaller-than-expected loss

WATERLOO, Ontario-Shares in BlackBerry maker Research In Motion Ltd. jumped after the company reported a smaller-than-expected loss and revenues in line with expectations in its first quarter results.However, the company lowered its 2003 fiscal year guidance from between $375 million and $425 million to...

AT&T Wireless launches business solutions

REDMOND, Wash.-AT&T Wireless introduced a trio of business solutions designed for customers using the carrier's GSM/GPRS network.The solutions includes Office Online, a ViAir Inc.-provided product that allows customers to remotely access corporate and personal e-mail accounts and manage personal information from any Web-enabled device....

RIM files patent complaint against Good

WATERLOO, Ontario—As expected, Research In Motion Ltd. filed a patent complaint against competitor Good Technology Inc. in the U.S. District Court in Delaware.RIM's complaint alleges Good willfully infringed on the company's patents, which cover the technology to send and receive corporate e-mails on a...

Ericsson signs license agreement with RIM

STOCKHOLM, Sweden—Ericsson AB said it has signed a license agreement that will allow Research In Motion Ltd. to develop, manufacture and sell products of Ericsson's 2G, 2.5G and 3G technologies.In return, RIM will pay royalties, as well as provide a reciprocal license to Ericsson,...