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Tech blog says RIM eyes sale to Samsung
Jan 17th, 2012
(Reuters) - Shares of Research In Motion jumped more than 8 percent on Tuesday after a tech blog said the BlackBerry maker was actively seeking to sell itself to South Korean smartphone rival Samsung Electronics. The Boy Genius Report website cited an unidentified source saying that RIM co-Chief Executive Jim Balsillie was meeting with companies interested in either licensing its software or buying a part or all of RIM, with Samsung leading the pack. RIM's Nasdaq-listed shares were up 8.5 percent at $17.55 by early afternoon, while the Toronto-listed stock rose 5.4 percent to C$17. ... (Source: Reuters) -
By Noel Randewich and Bill Rigby SAN FRANCISCO (Reuters) - Nvidia Chief Executive Jen-Hsun Huang said he will license graphics technology to other companies, a new model for the chipmaker that could lead to new business with Apple, Samsung and other mobile device makers. Huang told the Reuters Global Technology Summit in San Francisco on Tuesday th... [Full Article]
GENEVA (AP) - The Syrian civil war contributed to push the numbers of refugees and those displaced by conflict within their own nation to an 18-year high of 45.2 million worldwide by the end of 2012, the U.N. refugee agency said Wednesday. (Source: Associated Press)... [Full Article]
NEW YORK (Reuters) - Stock futures edged higher on Tuesday, trading in a tight range ahead of the start of a highly anticipated Federal Reserve meeting. * The Fed's policy-setting Federal Open Market Committee starts a two-day meeting Tuesday and markets are on tenterhooks as traders try to anticipate the Fed's timeline for winding down a... [Full Article]
LONDON (Reuters) - J Sainsbury, Britain's No. 3 supermarket chain, met forecasts for underlying sales growth in its first quarter, outperforming major rivals with an outcome driven by growth online and in convenience stores. The group, which trails market leader Tesco and No. 2 player Wal-Mart's Asda by annual revenue, said on Wednesday t... [Full Article]
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