Lenovo backtracks on possible RIM bid
Lenovo CFO Wong Wai Ming made comments last week that the company might consider an acquisition of struggling BlackBerry maker Research In Motion (RIMM) in an effort to bolster its mobile business. According to a statement released to The Next Web on Monday, however, Lenovo is not actually considering a bid for RIM. Lenovo says Wong was just “speaking broadly” while fielding questions from a reporter. “Lenovo is very focused on growing its business, both organically and through M&A,” a company spokesperson said. “When inorganic ideas arise, we explore them to see if there is a strategic fit.” Lenovo’s full statement follows below. In general, we do not comment on M&A rumors or speculation. We are aware that Lenovo’s CFO [Wong] Waiming was speaking
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Vine Has a Porn Problem Because Of Course It Does
It's actually pretty surprising that it took everyone three days to figure out that Twitter's new cell phone camera-powered video sharing app, Vine, is perfect for porn. Vine has it all. It can record reasonably high quality videos of anything you want, on-the-go, and post it publicly for all the Internet to see. You add hashtags so that people can easily find special interest content. There's even a little comments section so that you can share your thoughts about the distinctively addictive six-second loops. ...
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In Asias trend-setting cities iPhone fatigue sets in
SINGAPORE (Reuters) - Apple Inc's iconic iPhone is losing some of its luster among Asia's well-heeled consumers in Singapore and Hong Kong, a victim of changing mobile habits and its own runaway success. Driven by a combination of iPhone fatigue, a desire to be different and a plethora of competing devices, users are turning to other brands, notably those from Samsung Electronics Co Ltd, eating into Apple's market share. In Singapore, Apple's products were so dominant in 2010 that more devices here ran its iOS operating system per capita than anywhere else in the world. ...
Smartphone pioneer RIM looks to put recent hardships behind it with BB10
TORONTO, Cananda - Once a leader but now derided as a laggard, BlackBerry-maker Research In Motion hopes to regain the confidence of cynical smartphone users this week as the curtain is lifted on its much-anticipated new smartphones.
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Huawei is now the world’s third largest smartphone vendor but still far behind Samsung and Apple
Research firm IDC released the latest numbers from its Worldwide Quarterly Mobile Phone Tracker this week and found that a total of 482.5 million mobile phones were shipped in the fourth quarter of 2012, an increase from 473.4 million in 2011. Smartphones accounted for nearly half, or 45.5%, of all mobile phone shipments, the highest percentage ever. Samsung (005930) and Apple (AAPL) remained the two top vendors with market shares of 29% and 21.8% respectively. The report did include some surprises, however. “The high-growth smartphone market, though dominated by Samsung and Apple, still presents ample opportunities for challengers,” said Kevin Restivo, senior research analyst with IDC. “Vendors with unique market advantages, such as lower-cost devices, can rapidly gain market share,
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