Rim, Research In Motion | featured news

Research in Motion announced last week that cost cutting efforts will include layoffs following a sluggish start to the year and continued new product delays. Shares sold off sharply as investors bailed on lowered guidance and delayed new Blackberry launch.

Research in Motion has lost another senior marketing executive as it struggles with a product transition that has triggered profit warnings and a sharp share-price drop.

BlackBerry maker Research In Motion saw investors abandon the company in droves amid fresh concerns about its future.

BlackBerry maker Research In Motion recalled about 1,000 of its PlayBook tablets that were shipped with faulty operating systems, which may have prevented users from performing the device's initial setup.

Microsoft said its Bing search engine and mapping service will be the default options for Research In Motion's BlackBerry devices.

Research In Motion shares were sharply lower Friday, after the company issued a steep first-quarter earnings warning late Thursday, heightening fears that the BlackBerry maker is buckling amid competition from Apple and Google.

Research In Motion's PlayBook went on sale in the United States and Canada on Tuesday in a launch the company hopes will win customers away from Apple's dominant iPad tablet computer.

Despite a cluster of middling reviews and the still-in-the air whiff of a media interview gone terribly wrong, the mood at last night's RIM BlackBerry PlayBook launch was upbeat—at least on the surface.

Apple will remain firmly in control of the tablet market through 2015, according to market research by Gartner, which also shows Google’s Android will take the baton from Nokia’s Symbian to dominate the smartphone market through the same time period. Experts agree, though, that it will be strong ecosystems, allowing for tablets and smartphones to deliver a combined experience, which will take the day, possibly weakening Research in Motion’s capacity to deliver in a new environment.

Research In Motion Ltd. says its tablet computer, the BlackBerry PlayBook, will start selling in the U.S. and Canada on April 19 for $499 to $699.