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RIMM needs a strategic partner after it launches its BB10

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Northern, WI 1/23/2013 (usmarketbuzz) –On May 2012, RIM revealed a strategic business plan reviewing some options available, software licensing alliances and including a hurried disposal of the company.

After the new BlackBerry 10’s releasing, strategic partnerships with other companies were taken into consideration by Research In Motion Limited (TSE:RIM). On Monday, the chief executive officer, Thorsten Heins was interviewed by a German newspaper and he declared that the company’s strategy in progress might include a potential sale of Research In Motion Limited (TSE:RIM)’s handset business or another option could be the licensing of its software division and some competitors are taken into account.

Heins said his focus for now is “to successfully introduce BlackBerry 10”.

The BlackBerry 10 created by Research In Motion Limited (TSE:RIM) is going to be introduced on January 30. Nick Manning, the Research In Motion Limited (TSE:RIM)’s spokesman said he had no news to report relating to the “strategic review “ of the company.

More than ten years ago, Research In Motion Limited (TSE:RIM) virtually powered with its firs BlackBerry devices the mobile email. The company lost its market share as clients preferred Apple Inc. (NASDAQ:AAPL)’s iPhone and some other devices which operate on Google’s Android system. Research In Motion Limited (TSE:RIM)’s purpose now is gaining market share, by redesigning line of touch screen and keyboard appliances.

The Research In Motion Limited (TSE:RIM)’s shares rose 17.6%, almost tripled since late September. On Friday the stock grew more than 6%. This was after a report that unveiled that the new device BlackBerry 10, soon to be launched, has an operating system that is performing at the quality standards of the competitors or even higher.

Astel, the Byron Capital analyst opines this could be a much more “successful product cycle”.

Research In Motion Limited (TSE:RIM) trades at New York Stock Exchange as Research In Motion Ltd (NASDAQ:RIMM)

Research In Motion Ltd (NASDAQ:RIMM) shares were up by 13.01% to $17.90.

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Top 3 Gainers: Zynga (NASDAQ:ZNGA), Eros International (NYSE:EROS), Borqs Technologies’ (BRQS)

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Zynga (NASDAQ:ZNGA) is up 2.5% after Benchmark reiterated its Buy rating in a look-ahead at Q2 earnings. The firm’s expecting a beat and solid guidance for Q3, and it’s raising its guidance for the fiscal year.

Tailwinds from the pandemic won’t dissipate easily, Benchmark suggests, and the videogame maker’s acquisition of Peak (and with it new “forever franchises” in Toon Blast and Toy Blast) will drive audience, bookings, margins and free cash flow, it says. The firm has an $11 price target, now implying 14% upside.

Eros International (NYSE:EROS) is up 5.8% today, making up the last week’s lost ground, after news that its streaming service Eros Now is partnering with Sony India (SNE +2.3%).

That will mean Eros Now’s app is pre-installed on selected Sony smart televisions in India, along with availability on a large base of existing models (Bravia E series and newer).

The country over the past year has seen a 25% growth in demand for smart TVs, fueled by overall industry growth of 15%, to a record 15M units/year.

Borqs Technologies’ (BRQS) personal safety tracker sees strong market with increased orders from the electronics retail chain in the US.

The boost in product demand comes ahead coronavirus pandemic that provides company to expect delivery of 250K units this year. It reflects over 3x the volume delivered in 2019, the year of its launch.

Borqs’ mobile personal safety devices designed particularly for senior citizens come with panic button, location tracking, and fall detection.

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Tesla, Inc. (TSLA): US agencies investigate fatal Tesla Model 3 crash in Florida

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American safety officials are looking into the circumstances surrounding another fatal Tesla, Inc. (TSLA) crash. Both the NTSB and the NHTSA have confirmed that they’re investigating a collision between a Model 3 and a semi truck in Delray Beach, Florida on March 1st. According to the police report, the truck was turning left to enter a main thoroughfare when the Model 3 crashed into the semi’s trailer, shearing off the car’s roof and killing the driver. It’s not certain if Autopilot was active, although the Model 3 kept traveling for more than 500 yards before coming to a stop.

Why ASDN Could Massively Outperform TSLA in 2019

Tesla said in a statement that it was “deeply saddened” about the collision and was “reaching out” to authorities to cooperate. The NTSB added that it typically takes one to two years to complete investigations like this.

This certainly isn’t the first time US safety agencies have investigated Tesla crashes to determine the possible role of Autopilot. However, there are unusually close parallels to a deadly incident from May 2016, when a Model S driver in Florida struck a trailer. His vehicle had Autopilot engaged and also kept going a significant distance after the crash, although investigators cleared Tesla and noted that the driver in that case ignored safety warnings. While the particular circumstances are different, it wouldn’t be out of the question for agents to compare the two cases.

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Amazon (NASDAQ:AMZN), Qualcomm (NASDAQ:QCOM) Are In News On Monday

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Evercore raises its Amazon (NASDAQ:AMZN) price target from $1,800 to $1,965 saying that gross profit has become a “more important indicator” than Y/Y revenue growth.

Key quote: “As such, we remain bullish on AMZN at least in part because the company’s gross profit is expected to grow ~400bps faster than revenue for AMZN over the next 3 years.”

Why Investors Are Calling ASDN the AMZN of the Sky!

Amazon shares are up 0.9% pre-market to $1,686.

Qualcomm (NASDAQ:QCOM) alleges in a San Diego federal court that Apple (NASDAQ:AAPL) violated three of its patents and asks for tens of millions of dollars in damages.

Qualcomm has filed a series of patent actions against Apple around the world that will conclude before the antitrust trial starting in April, which will hear Apple’s challenge to QCOM’s business model.

Have you seen the article Forbes wrote about the ASDN Flying Passenger Drone and its technology?

U.S. District Judge Dana Sabraw will open an eight-day trial today deciding whether Apple violated Qualcomm’s patents with its iPhones that contain Intel (NASDAQ:INTC) chips.

Qualcomm shares are up 0.8% pre-market to $54.65.

Apple shares are up 0.5% to $175.88.

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