Technology Report: RIM shares slide further as investor fears mount

Click to View in Browser 06/4/2012 RIM shares slide further as investor fears mount TORONTO (Reuters) - Research In Motion's share price on Monday breached a level that technical analysts say could spur further declines, after an analyst warned that the BlackBerry maker's sales were dismal last month. Microsoft to let Xbox hook up with mobile devices LOS ANGELES (Reuters) - Microsoft Corp unveiled a new software application on Monday to connect Xbox game consoles to tablets and smartphones, turning mobile devices into a second screen for gaming and entertainment. HP says Oracle violated contract, seeks billions SAN JOSE, California (Reuters) - Oracle Corp violated a clear contract with Hewlett-Packard Co when it decided it would no longer make new versions of its database software compatible with HP's Itanium-based servers, a lawyer for HP said in court. Microsoft warns that Flame exploits Windows flaw BOSTON (Reuters) - Microsoft Corp warned PC users that the Flame virus that attacked systems across the Middle East infects computers by exploiting a flaw in the Windows operating system. Investors mull $1.5 billion undersea cable for BRICS nations CAPE TOWN (Reuters) - Potential investors including Internet giant Google will decide before year-end whether to proceed with a $1.5 billion undersea cable linking the BRICS group of emerging economies to each other and the U.S., a senior official in the project said on Monday. Exclusive: Iranian cell-phone carrier obtained banned U.S. tech WASHINGTON (Reuters) - A fast-growing Iranian mobile-phone network managed to obtain sophisticated U.S. computer equipment despite sanctions that prohibit sales of American technology to Iran, interviews and documents show. Salesforce adds social media muscle with Buddy Media buy (Reuters) - Salesforce.com Inc will buy Buddy Media, which helps big brands manage Facebook and Twitter pages, for about $689 million, in the latest sign that the social media marketing sector may be a new battlefield for large tech companies. Analysis: Robots lift China's factories to new heights BAODING, China (Reuters) - The giant orange robotic arms that swiftly weld together car frames at the Great Wall Motors factory in Baoding might seem like the perfect answer to China's fast-rising labor costs - they don't ask for a raise, get injured or go on strike. Nintendo unveils Miiverse social network for new Wii TOKYO/LOS ANGELES (Reuters) - Japan's Nintendo said it will launch a social and content network dubbed Miiverse for its new Wii U games console, as it plays catch-up with rivals such as Sony and hopes an online strategy will bolster hardware sales in an industry under fire from smartphones and tablets. Acer says no plans to launch non-tablet devices on ARM TAIPEI (Reuters) - Taiwan's Acer Inc said on Monday it would remain closer to U.S. chipmaker Intel, even though Microsoft also embraces rival ARM for its new Windows 8 operating system. Related Video Mogees software makes music magic Touch screen mittens get warm reception Mediafile Brad Dorfman Wal-Mart's annual meeting and the case of the missing Taylor Swift livestream Alexei Oreskovic Older and bigger, Facebook rethinks a youthful flirtation with user democracy A daily digest of breaking business news, coverage of the US economy, major corporate news and the financial markets. 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 - 3 Times Square New York, NY 10036 USA © Copyright 2010 Thomson Reuters Ensure delivery of Reuters Newsmails, add mail@nl.reuters.com to your address book. Details Subscribe to other Reuters newsletters. Unsubscribe from this newsletter. Follow us on Twitter Friend us on Facebook Forward to a friend