Research in Motion is considering splitting the company in two, according to a paywalled story by London’s The Sunday Times. The BlackBerry maker could see its struggling smartphone hardware sold off, and its data network retained or licensed to others. RIM is expected in the coming days to announce an operating loss for its first-quarter. Since then, its stock price has dropped significantly and for a short while dipped below the $10 a share mark. The newspaper cited Amazon and Facebook as possible buyers of the hardware business at a knocked-down price. Read the full story at ZDNet.
About Shelly Palmer
Shelly Palmer is the Professor of Advanced Media in Residence at Syracuse University’s S.I. Newhouse School of Public Communications and CEO of The Palmer Group, a consulting practice that helps Fortune 500 companies with technology, media and marketing. Named LinkedIn’s “Top Voice in Technology,” he covers tech and business for Good Day New York, is a regular commentator on CNN and writes a popular daily business blog. He's a bestselling author, and the creator of the popular, free online course, Generative AI for Execs. Follow @shellypalmer or visit shellypalmer.com.