 | Good afternoon |  |  | RIM's new CEO Thorsten Heins, who joined RIM in 2007 and previously served as a chief operating officer, said during a conference call that he would hone the current strategy rather than abandon it. "I don't think that there is some drastic change needed. We are evolving ... but this is not a seismic change," Heins said. RIM's U.S.-traded shares tumbled as investors wondered whether Heins could reverse the BlackBerry maker's decline, closing the day down 8.5 percent.
The founder of file-sharing website Megaupload was ordered to be held in custody by a New Zealand court, as he denied charges of Internet piracy and money laundering and said authorities were trying to portray the blackest picture of him. U.S. authorities want to extradite Kim Dotcom, a German national also known as Kim Schmitz, on charges he masterminded a scheme that made more than $175 million in a few short years by copying and distributing music, movies and other copyrighted content without authorization. Megaupload's lawyer has said the company simply offered online storage.
The Supreme Court ruled that police cannot put a GPS device on a suspect's car to track his movements without a warrant. The high court ruled that placement of a device on a vehicle and using it to monitor the vehicle's movements was covered by U.S. constitutional protections against unreasonable searches and seizures of evidence. "A majority of the court acknowledged that advancing technology, like cellphone tracking, gives the government unprecedented ability to collect, store, and analyze an enormous amount of information about our private lives," Steven Shapiro of the American Civil Liberties Union said.
YouTube is streaming 4 billion online videos every day, a 25 percent increase in the past eight months, according to the company. Roughly 60 hours of video is now uploaded to YouTube every minute, compared with the 48 hours of video uploaded per minute in May, Google said. The jump in video views comes as Google pushes YouTube beyond the personal computer, with versions of the site that work on smartphones and televisions, and as the company steps up efforts to offer more professional-grade content on the site.
The number of Americans owning a tablet computer or e-reader nearly doubled over the holiday period as Kindles, Nooks and iPads proved to be popular gifts, a new study found. In early January, 19 percent of Americans surveyed by Pew owned an e-reader, up from 10 percent in December, with identical results for tablets, according to a report released by the Pew Internet and American Life Project. | | | LATEST NEWS | | Apple 2012: Smooth sailing, for the most part | | January 23, 2012 03:39 PM ET | | SAN FRANCISCO (Reuters) - Apple Inc coasts into 2012 with a strong wind in its sails, a clutch of envelope-pushing products in its hold, a record share price, and a steady hand at the tiller. | Full Article | | Nokia Siemens secures 1.2 billion euro loan: source | | January 23, 2012 03:43 AM ET | | (Reuters) - Nokia Siemens Networks (NSN) has raised more than 1.2 billion euros from a group of 14 European and U.S. banks as it looks to restructure the business and pay costs of a big redundancy program, a source close to the deal said on Monday. | Full Article | | EU's Reding says data fines not in focus | | January 23, 2012 01:59 PM ET | | LONDON (Reuters) - The European Union will leave the setting of fines for breaching proposed new data protection laws largely to national bodies, European Commissioner Viviane Reding said after reports that the EU planned to fine companies up to 5 percent of their turnover. | Full Article | | | BUSINESS NEWS
| | Protests intensify as mortgage settlement nears | | January 23, 2012 02:25 PM ET | | (Reuters) - As state and federal officials near a deal with top banks to settle claims of foreclosure abuses, left-leaning activist groups have stepped up pressure on the officials to reach a deal that demands more from the banks. | Full Article | | Romney puts Gingrich on defensive before debate | | January 23, 2012 01:49 PM ET | | TAMPA, Florida (Reuters) - Republican presidential candidate Mitt Romney on Monday sharpened his attacks on rival Newt Gingrich's business past and character ahead of a crucial debate in which Romney needs a strong performance to recharge his bid for the White House. | Full Article | | | | U.S. TOP NEWS | | | | | RELATED VIDEO | | |  |  | | A daily digest of breaking business news, coverage of the US economy, major corporate news and the financial markets. Register Today. |  | | Your daily briefing on the latest tech developments from around the world from Reuters expert tech correspondents. Register Today. |  | | The latest Reuters articles on M&A, IPOs, private equity, hedge funds and regulatory updates delivered to your inbox each day.. Register Today. | | | » MORE NEWSLETTERS | | | ODDLY ENOUGH | | | | | | |
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