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royal bank of canada

RIM halts trading on awful financials, hires banks for ‘strategic review’

RIM concedes no more combining BlackBerry CEO and Chair

www.slashgear.com
RIM‘s Mike Lazaridis and Jim Balsillie will be the last to share both the CEO and Board Chair position, after an independent review decided never again would the two roles be conflated by BlackBerry management. In fact, the committee of independent directors deemed [pdf link], the RIM Chair should from now...
RIM concedes no more combining BlackBerry CEO and Chair

Microsoft, FBI Take Down Hackers Who Stole Over $500 Million From Banks (MSFT)

www.businessinsider.com
BOSTON (Reuters) - Microsoft Corp and the FBI, aided by authorities in more than 80 countries, have launched a major assault on one of the world's biggest cyber crime rings, believed to have stolen more than $500 million from bank accounts over the past 18 months. Microsoft said its Digital...
Microsoft, FBI Take Down Hackers Who Stole Over $500 Million From Banks (MSFT)
Research In Motion Opens 10% Down A Day After Issuing A “Business Update”

Dell Could Go Private In $15 Billion Deal As Soon As Tuesday

www.businessinsider.com
Silver Lake Management LLC and partners are close to lining up about $15 billion in funds for a buyout of Dell Inc., the third-biggest maker of personal computers, said people familiar with the matter. A deal could be announced as soon as Jan. 22, said one of the people, who...
Dell Could Go Private In $15 Billion Deal As Soon As Tuesday

RIM Halts Trading To Issue Business Update, Hires RBC And J.P. Morgan For “Strategic Review”

techcrunch.com
Canadian smartphone manufacturer RIM has briefly ceased trading of their stock today in order to issue a “business update” from CEO Thorsten Heins to their stockholders. Though the release takes the time to outline some of the company’s recent personnel changes, Heins also points out that the company has enlisted...
RIM Halts Trading To Issue Business Update, Hires RBC And J.P. Morgan For “Strategic Review”

Watson technology being adopted for customer service, data mining

www.electronista.com
Starting this year, IBM's Watson intelligent agent technology will debut as a customer service assistant. Customers of Australia's ANZ Bank, Celcom, The Royal Bank of Canada, and Nielsen can query the system for general questions related to accounts with the companies. IBM claims to have the technology ready for deployment...
Watson technology being adopted for customer service, data mining

People Are Actually Talking About The Possible Collapse Of Dell's $24 Billion Take-Private Deal (DELL)

www.businessinsider.com
Last December, Dell CEO Michael Dell and private equity firm Silver Lake began planning to take PC-maker Dell private. Then, in February the deal reached seeming consummation, with Dell's board agreeing to a $24 billion buyout. In fact, the only threat to the deal was that another private equity, Blackstone,...
People Are Actually Talking About The Possible Collapse Of Dell's $24 Billion Take-Private Deal (DELL)

Dell takeover battle set to generate $400m fees bonanza for banks

www.guardian.co.uk
Banks advising bidders on debt to fund highly leveraged buyout of computer maker said to be 'licking their chops' over paydayThe $24.4bn (£16bn) takeover battle for Dell is set to hand Wall Street firms their biggest advisory payday in at least three years by generating $400m in fee income for...
Dell takeover battle set to generate $400m fees bonanza for banks
RIM might sell its handset business to Facebook or Amazon

Microsoft and the FBI commence war against Citadel, a global botnet with sticky fingers

thenextweb.com
Microsoft and the FBI have taken aim at a criminal botnet that may have stolen as much as a half billion dollars in the last one and a half years. The operation targeted the 1,400 extant botnets that are controlled by the Citadel infection, which is tipped to have infected around...
Microsoft and the FBI commence war against Citadel, a global botnet with sticky fingers

Bitcoin Dealers Are Running Into Problems In Canada

www.businessinsider.com
Two Canadian businessmen recently got some bad news from their banks. James Grant, owner of Canadian Bitcoins, got a letter. Melvin Ng, proprietor of CADBitcoin, got a phone call. Both men run online exchanges where you can purchase Bitcoins for Canadian dollars.   And both were informed their businesses' accounts...
Bitcoin Dealers Are Running Into Problems In Canada

RIM hires JP Morgan and RBC to advise as its business erodes, could mean a sale

thenextweb.com
Research in Motion, Inc. has hired on JP Morgan and the Royal Bank of Canada to assist it with a strategic review of its business, reports CNBC. This could result in a heavy restructuring of the company or even a sale. To further enhance our commitment to successfully completing our...
RIM hires JP Morgan and RBC to advise as its business erodes, could mean a sale

PE Firm Lines Up $15 Billion To Take Dell Private

www.businessinsider.com
Silver Lake Management LLC and partners are close to lining up about $15 billion in funds for a buyout of Dell Inc., the third-biggest maker of personal computers, said people familiar with the matter. Lenders including Credit Suisse Group AG, Royal Bank of Canada, Barclays Plc and Bank of America...
PE Firm Lines Up $15 Billion To Take Dell Private

Below The Surface: Microsoft Shifted Samsung LCD Product To Grab Name For New Tablet

techcrunch.com
At the bottom of the page for Microsoft’s new tablet Surface, there is an odd little note: “Looking for the Samsung SUR40 with Microsoft Pixelsense? Visit www.pixelsense.com“. Huh? It looks like Microsoft’s Surface is not the first Surface to surface at the company. Before it, there was a large LCD...
Below The Surface: Microsoft Shifted Samsung LCD Product To Grab Name For New Tablet

IBM's Watson supercomputer could be the cure for awful customer service

venturebeat.com
IBM’s jack-of-all-trades supercomputer Watson now has a new trade: customer service. IBM announced today Watson Engagement Advisor, a new application for Watson that lets it take all of its brainpower and apply it to answering questions from regular people rather than, say, doctors or Alex Trebeck. Think of it as Siri, but...
IBM's Watson supercomputer could be the cure for awful customer service

Microsoft And The FBI Are Teaming Up To Take Down A Global Cyber Crime Ring

www.businessinsider.com
BOSTON (Reuters) - Microsoft Corp and the FBI, aided by authorities in more than 80 countries, have launched a major assault on one of the world's biggest cyber crime rings, believed to have stolen more than $500 million from bank accounts over the past 18 months. Microsoft said its Digital Crimes Unit on Wednesday successfully...
Microsoft And The FBI Are Teaming Up To Take Down A Global Cyber Crime Ring

Microsoft Corp and FBI in joint cybercrime assault

www.guardian.co.uk
Microsoft's Digital Crimes Unit takes down at least 1,000 Citadel botnets in attempt to curb £500m theft from bank accountsMicrosoft Corp and the FBI, aided by authorities in more than 80 countries, have launched a major assault on one of the world's biggest cybercrime rings, believed to have stolen more...
Microsoft Corp and FBI in joint cybercrime assault
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