/// RIM Tumbles 19 Percent on Cash Concerns
Investors appear to be betting Research In Motion Ltd. won’t have enough financial firepower to successfully launch its new mobile operating system as a stand-alone company. The company’s shares fell 19 percent to $7.39 on Friday, driving the company’s market capitalization to $3.81 billion, less than 1/20th of its peak value in 2008. The selloff came a day after a series of ugly announcements that included a delay in the debut of its next BlackBerry phone, a larger-than-expected loss and as many as 5,000 layoffs. Read the rest of this post on the original site
- 12/07/2013 • Viral Video: Annoying "Friday" YouTube Phenom Is Back With — Wait for It — "Saturday"
- 12/03/2013 • Cards Against Humanity’s Sales Increased During Black Friday Price Hike
- 11/30/2013 • AllThingsD Week in Review: Wearable Computing Comes to Clothes, and Yahoos Hate Yahoo Mail
- 11/29/2013 • Yep, It’s Looking Like an iPad Christmas