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RIM looses another executive
Another senior executive has parted ways with Research In Motion. The said executive involved with the company’s move into “cloud-based” services, which adds to a string of high-level departures from the BlackBerry maker.
Jim Tobin, senior vice-president for software and business services, which reports directly to co-CEO Jim Balsillie, left the Canadian company months ago, RIM verified on Thursday in an email. It has never legitimately announced the exodus.
Facebook users that instigate riot got sentenced
Philip Scott Burgess got arrested for encouraging his friends to set up a riot on their town.
Hours’ later looters started an onslaught on a shopping precinct in Salford, Greater Manchester, just a short mile away from his home, prior to the time that trouble spread to Manchester City Centre.
UNThink wants to challenge Facebook
New comer Unthink thinks that they can overthrow the social networking giant Facebook’s out of the social media realm.
The new social network comes from the creative mind of the mother’s concern over the online activities of his son. Unlike Facebook, Unthink preaches empowerment. Whenever first visited the site, they encouraged people in taking control of their online destinies.
FCC about to reveal rules for rural broadband fund
On Thursday Federal regulators are going to reveal their plan of overhauling the $8 billion fund, subsidizing phone service in rural areas and for the poor, with the goal to redirect the money toward broadband expansion.
The Federal Communications Commission is also pares in disclosing the latest rules for the byzantine system, governing how phone companies pay each other for phone calls. It is a system that, almost everyone in the industry has the same opinion, is outdated and leads to perverse schemes by carriers in stimulating certain kinds of phone traffic.
Amazon profit prediction disappoints Investors
Investor got shocked upon Amazon.com Inc announces a far weaker-than-expected outlook for the decisive holiday season quarter as it spent a lot on its new Kindle Fire tablet computer.
The stock fell down 12 percent Tuesday in comprehensive trading as the news raised concerning Amazon’s loses some of the revenue momentum, which had helped investors forget its razor-thin profit margins.