RIM's Management Shuffle: The Street Remains Skeptical

RIM's Management Shuffle: The Street Remains Skeptical


RIM's Management Shuffle: The Street Remains Skeptical

Posted: 22 Jan 2012 10:44 PM PST

Expect to see a bounce in Research In Motion shares Monday morning on the news that co-CEO?s Jim Balsillie and Mike Lazaridis are stepping down, while handing over the top job to co-COO Thorsten Heins. But the announcement is not being greeted by Street analysts with unbridled enthusiasm. The Street seems lukewarm about Heins, an ...


Syria rejects Arab plan as "flagrant interference" (Reuters)

Posted: 22 Jan 2012 10:41 PM PST

Arab League Secretary General Nabil Elaraby attends a meeting with the Arab League's committee on Syria, in Cairo January 22, 2012. REUTERS/Mohamed Abd El-GhanyReuters - Syria rejected on Monday a proposal by Arab League foreign ministers that President Bashar al-Assad hand over power to a deputy and set up a new unity government, saying the plan was part of a "conspiracy against Syria."



Suspected US missile strike kills 4 in Pakistan (AP)

Posted: 22 Jan 2012 10:43 PM PST

People get stuck in a traffic jam after a snow fall in Murree near Islamabad, Pakistan on Sunday, Jan 22, 2012. (AP Photo/B.K.Bangash)AP - Pakistani intelligence officials say a suspected U.S. drone fired missiles at a house and a vehicle in the country's northwest, killing four alleged militants.



VIDEO: Arab League calls for Syria 'unity'

Posted: 22 Jan 2012 08:14 PM PST

The Arab League has called for a national unity government in Syria, aimed at ending the bloodshed in the country.


Syria rejects Arab call for Assad to quit

Posted: 22 Jan 2012 11:14 PM PST

BEIRUT (Reuters) - Syria rejected on Monday a request by Arab League foreign ministers that President Bashar al-Assad hand over power to a deputy and set up a new unity government, saying the plan was part of a "conspiracy against Syria."


VIDEO: Saif Gaddafi's status in focus

Posted: 22 Jan 2012 10:24 PM PST

Libyan authorities have been given until the end of Monday to answer questions over the health and legal status of Colonel Gaddafi's son, Saif al-Islam.


VIDEO: Arab League calls for Syria 'unity'

Posted: 22 Jan 2012 08:14 PM PST

The Arab League has called for a national unity government in Syria, aimed at ending the bloodshed in the country.


Japan manufacturers brace for euro zone breakup: Reuters poll (Reuters)

Posted: 22 Jan 2012 10:07 PM PST

Reuters - Japanese manufacturers are bracing for a possible breakup of the euro zone, according to a Reuters poll released on Monday, with 65 percent saying they see a need to prepare for the currency block's partial or complete collapse.


Unseeded Makarova upsets Williams

Posted: 22 Jan 2012 09:45 PM PST

Unseeded Russian Ekaterina Makarova upset 12th seed and five-time champion Serena Williams of the United States 6-2, 6-3, to reach the quarterfinals of the Australian Open Monday.


France to vote on Armenia 'genocide' bill

Posted: 22 Jan 2012 09:37 PM PST

Turkey warns French senate to reject bill that would make it illegal to deny mass killings by Ottoman Turks in 1915.


SciFi Book Club: Embassytown - Better Than EzRa

Posted: 22 Jan 2012 09:09 PM PST

The SciFi Book Club continues with a discussion of Part Two: Festivals of the book Embassytown by China Mieville.


Is President Obama Truly a Socialist?

Posted: 22 Jan 2012 08:56 PM PST

As someone who has professionally studied and written about comparative economics, capitalism, and socialism for almost fifty years, the reticence to probe the core beliefs of a political leader seems odd.


Germany and France seek relaxation of bank capital rules: report (Reuters)

Posted: 22 Jan 2012 08:35 PM PST

Reuters - France and Germany will call on Monday for a relaxation of global bank capital rules to prevent lending to the real economy being choked off, the Financial Times reported on Monday.


Sri Lanka donates eyes to the world (AP)

Posted: 22 Jan 2012 09:00 PM PST

In this Nov. 4, 2011 photo, people wait in a line to get their eyes examined as a staffer, foreground, examines the eye of a cataract patient at the Sri Lanka Eye Donation Society in Colombo, Sri Lanka. The gift of sight has become an unwritten symbol of Sri Lanka's pride and culture. Despite being a poor island nation of about 20 million people that has recently emerged from a quarter century of civil war, the country is among the world's largest cornea providers, sending more than 60,000 eyes to 57 nations since its first donation nearly 50 years ago, according to the nonprofit Sri Lanka Eye Donation Society. Nearly 900,000 people have also signed up to give their eyes in death through the Eye Donation Society's longstanding eye bank. (AP Photo/Gemunu Amarasinghe)AP - At 10:25 a.m., a dark brown eye was removed from a man whose lids had closed for the last time. Five hours later, the orb was staring up at the ceiling from a stainless steel tray in an operating room with two blind patients — both waiting to give it a second life.



Twitter Takes the World: Microblogs Explode Overseas, Attract Global Brands

Posted: 22 Jan 2012 08:31 PM PST

It?s hard to pinpoint the exact moment, but sometime during the last six months the game changed dramatically for Twitter and its overseas imitators. After years of questioning how many people really use Twitter or whether Twitter would ever develop a meaningful business model, the blogosphere started speculating about the date of Twitter?s inevitable IPO.??This ...


The Team My Father Once Owned, the New England Patriots, Is Going to the Super Bowl

Posted: 22 Jan 2012 08:29 PM PST

It?s a shame my late father, who died in 2009,??isn?t around to see the team he once co-owned, the New England Patriots, play in the Super Bowl in Indianapolis, the city where he lived much of his adult life. No, I?m not related to Billy Sullivan. But when Sullivan started the team as the Boston ...


5 Things To Look For In This Year's Super Bowl Ads

Posted: 22 Jan 2012 08:22 PM PST

Well, we know who's playing in the Super Bowl. Now it's time to turn our attention to an equally pressing matter -who's going to win the Ad Bowl? Several brands, including Chevy, Doritos and VW, have gone into launch mode two weeks prior to the kick-off. So since the brands have fired their first salvos, ...


The Potential Losers if Ultrabooks Win

Posted: 22 Jan 2012 08:21 PM PST

Ultrabooks were one of the most discussed form factors at this year?s . ??This was due not only to ?s CES marketing push, but by all of ?s ecosystem demonstrating their prowess by showing their latest and greatest designs. ??OEMs like , HP, , Asus, and Lenovo showed their new designs with different industrial design, ...


Angola seal victory over Burkina Faso

Posted: 22 Jan 2012 01:46 PM PST

Angola are joint leaders of Group B with the Ivory Coast after a 2-1 victory in the Africa Cup of Nations.


Research In Motion: CEO Shift Necessary But Not Sufficient

Posted: 22 Jan 2012 08:10 PM PST

Tonight?s news that Research In Motion has finally pushed out Jim Balsillie and Mike Lazaridis as co-CEOS is a welcome but long overdue step as the troubled smartphone company scrambles to find a turnaround strategy. But I suspect that the Street is not going to be convinced that this goes far enough, for multiple reasons: ...