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 AI strategy, implementation and governance, as well as technology, media and marketing. Named one of LinkedIn’s Top Voices in Technology, he is a bestselling author, covers tech and business for Fox 5’s Good Day New York, is a regular commentator on CNN, and writes the popular daily business blog Think About This. Follow @shellypalmer or visit shellypalmer.com.