6/09/2012

In The News: BlackBerry’s Struggle, Web Bubble 2.0?

In case you missed it, some articles making the rounds this morning:

A couple of different viewpoints are offered on Research in Motion’s (RIMM) struggle to make a comeback.

Bloomberg’s Hugo Miller on Saturday penned an item describing a campaign by newly appointment CEO Thorsten Heins to win back market share. “The Munich native is getting by on a handful of hours sleep a night so that he can travel by day to meet customers and run the business by night on his BlackBerry,” writes Miller, noting that RIM will make a push to regain market share in North America through a variety of “promotions” with carriers that will include more than just discounts, says Heins.

However, The New York Times’s Brian Chen writes that the BlackBerry is “under siege” in Europe, at the hands of Samsung Electronics (SSNLF). The article cites data from Forrester Research that shows 27% of business users around the world are using a phone based on Google’s (GOOG) Android software, a point ahead of the BlackBerry, with Apple’s (AAPL) iPhone at 24%.

RIM shares today are down 31 cents, or 1.9%, at $16.49.

In the same issue, the Times’s Jenn Wortham ponders whether Apple’s “iMessage” program for instant messaging on the iPhone is “taking a bite” out of standard SMS texting, concluding that growth in text messaging in the U.S. is slowing.

Bloomberg’s Heather Perlberg cites the surge in Silicon Valley hiring, under the banner “Apple Fuels Hiring Amid Bubble 2.0 Concern,” citing the company along with Amazon.com (AMZN) and eBay (EBAY) as among the major recruiters. The article also references a “dark side,” with some tech veterans saying it’s starting to feel a little like the technology bubble of the late ’90s.

Speaking of good old times, amidst speculation that Facebook will file to go public this week, The Wall Street Journal’s Lynn Cowan highlights eight IPOs expected this week. While several are energy-related, Cowan notes the offering of AVG Technologies of the Netherlands. The company, whose stock is expected to trade under the ticker AVG, offers software for online security and backup.

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