Quantcast

US-NET Summary

Sep 15, 2011, 9:58 p.m.

RIM results, outlook stun investors even after warning

(Reuters) - Research In Motion reported a steep drop in quarterly profit on limp sales of its smartphones and tablets, and offered investors little hope of a turnaround anytime soon, sending its shares tumbling. RIM, which launched a string of refreshed BlackBerry phones in recent weeks, painted a dismal picture for its current quarter and said it now expects to reach only the lower end of an already reduced full-year outlook in a quarterly financial report issued late Thursday.

Analysis: Why no killer app for paying bills online?

NEW YORK (Reuters) - If you want to manage all of your money and all of your monthly payments in one convenient online place, you're pretty much out of luck. You can pay bills with some services, manage your budget with others and organize your financial planning with still another set of programs. But if you want one system where you can auto-pay your cable bill through your checking account, review your mortgage statements from a different financial institution and coordinate payment for soccer sweatshirts on the fly, you're dreaming of a future world that doesn't yet exist.

Apple settles with Queens stores over knockoffs

(Reuters) - Two stores in Queens, New York, accused of peddling unauthorized Apple Inc accessories have agreed to hand over all products in their inventories bearing the word "Apple" or any of the company's ubiquitous trademarks. The proposed settlement, lodged in Brooklyn federal court on Thursday, would resolve a trademark-infringement lawsuit filed last July against Apple Story Inc and Fun Zone Inc, two stores in the Chinatown section of Flushing, Queens, that sell cases, headsets and other accessories for Apple products such as the iPhone, iPad and iPod. The two stores maintain they have not violated any Apple trademarks.

Editor's Picks

  • US-NET Summary

    Analysis: China seeks to tether the microblog tiger
  • US-NET Summary

    Analysis: China seeks to tether the microblog tiger
  • US-TECH Summary

    HP execs misled investors before August stock crash: lawsuit
  • US-TECH Summary

    HP execs misled investors before August stock crash: lawsuit
  • US-TECH Summary

    HP execs misled investors before August stock crash: lawsuit

Most Recent