Tech News: RIM Finds Favor With Analysts and Is Upgraded to Buy

By Anthony Shields  NOV 29, 2012 9:56 AM

Plus, the iPhone clears its regulatory hurdles in China.


This column highlights the most interesting and useful business and financial commentary on technology from around the Web.

The Markets Are Open
Link: Research In Motion Limited Adds 12% on Another Analysts Optimism
Research In Motion Limited (NASDAQ:RIMM) shares are up another 12% in the pre-open session after gaining about 35% in the past couple of weeks.
“This morning, analyst at Goldman Sachs upgraded the stock to 'buy.' The brokerage firm lifted the price target by $7 to $16.”
Link: The iPhone 5 Clears Its Final Regulatory Hurdle For Launch In China
“Things seem to be on track for the iPhone 5 (NASDAQ:AAPL) to meet its December release timeline in Greater China, since the device has now received approval for the final piece in the regulatory puzzle required for it to go on sale. The Wall Street Journal reports that it has now obtained its 'network access' license, and the notice mentions China Telecom by name, though not a version of the phone that would work with China Unicom.”
China Telecom backed up the timeline proposed by Apple CEO Tim Cook during a conference call earlier this month, saying at an event that the phone would arrive on its network by early December at the latest. At the time, China Unicom did indeed express skepticism about when exactly the phone would be hitting its network, suggesting it was all in the hands of regulators at that point. If China Telecom has an exclusive head start on iPhone 5, it could attract away some subscribers hungry for the device.”
Link: Facebook Adds Another Partner to FB Exchange: Social Ad Network RadiumOne
“This morning social ad network RadiumOne is announcing an integration with Facebook (NASDAQ:FB) Exchange, the social network’s real-time bidding ad engine that allows advertisers to use insights from the open web while marketing to users inside Facebook.
“In other words, ad retargeting of Facebook users based on pages they’ve visited elsewhere on the web.”
4 Traders
Link: Microsoft Corporation : Microsoft Renews Commitment to Education With US$250 Million Investment in Partners in Learning
Microsoft Corp. (NASDAQ:MSFT) today kicked off its annual Partners in Learning Global Forum and reaffirmed its commitment to education with a US$250 million, five-year renewal of Microsoft Partners in Learning, bringing Microsoft's total investment in the program to US $750 million over 15 years. Microsoft aims to grow the Partners in Learning community to 20 million of the 75 million teachers worldwide by 2018 with the renewal and to continue preparing students for the changing global workforce.
“Microsoft plans to expand Partners in Learning beyond the 119 countries that currently participate with a continued emphasis on driving community, developing networks, and allowing educators to share innovations and learn from each other.”
Link: Microsoft: Don't Get 'Scroogled' By Google Search Results
“On Wednesday, Microsoft began running a national ad campaign to warn users to avoid being 'Scroogled' by Google (NASDAQ:GOOG) search results that have been influenced by paid placement.
“Specifically, Microsoft’s campaign attempts to portray Google as basing its Google Shopper search results on the amount of money each vendor has paid, rather than the accuracy of the results themselves. More practically, Microsoft claims that popular online retailer Amazon (NASDAQ:AMZN) opted out of Google’s search, but that Bing users will be able to compare prices against the Web’s largest e-tailer.”
No positions in stocks mentioned.