Tech News: Nokia Vs. RIM -- There's Only Room for One

By Anthony Shields  JAN 15, 2013 10:10 AM

Plus, there's high-flying speculation on Facebook's mystery event today.

 


This column brings you the most interesting and useful business and financial commentary on the world of technology every day.

Seeking Alpha
Link: Nokia Vs. Research In Motion: Only One Will Survive
Nokia (NASDAQ:NOK) and Research In Motion (NASDAQ:RIMM) can't both succeed. Nokia's recent success means it is time to sell RIM.
 
“With such fierce competition between Nokia and RIM, it seems reasonable to assume that the success of one would mean the demise of the other. But the simultaneous rise of both these companies' stocks follows no such logic. Over the past three months, shares of NOK and RIMM have fluctuated in shockingly perfect parallel.”
 
The Huffington Post
Link: Facebook Event: Is It a Phone? A Search Function? Company Tells All on Tuesday
Facebook's (NASDAQ:FB) mystery "press event" on Tuesday could reveal a more robust search feature that would intensify the competition between the social networking giant and its rival Google Inc. (NASDAQ:GOOG).
 
“Facebook is holding the event at 10 a.m. (1 p.m. EST) at its Menlo Park, Calif., headquarters. The company has not said what it plans to announce. Last week, it invited bloggers and journalists to 'come see what we're building.'"
 
VentureBeat
Link: Homeland Security: Sorry, Oracle, Your Fix Isn’t Good Enough
“The Department of Homeland Security warned today that you should still disable Java soon after Oracle (NASDAQ:ORCL) released a patch for a hole in Java that enabled hackers to sneak into your computer to steal information or hook you up to a botnet.”
 
Dailymail
Link: TV Not Big Enough? Microsoft Shows off New 'Holodeck' System to Turn Your ENTIRE Living Room Into a Screen
“If you've ever wanted to recreate the cinema in your living room, or wondered what Star Trek's holodeck would really be like, Microsoft may have the answer.
 
“The firm has revealed an astonishing prototypes projector and scanner than can turn an entire living room into a screen.”
 
CNET
Link: Low-Cost iPhone Might Use Plastic Body, Report Claims
“A low-cost iPhone from Apple (NASDAQ:AAPL) could be outfitted with a plastic chassis, a downgrade from the usual glass or metal design, according to the folks at DigiTimes.

“Citing the usual unnamed supply chain sources, DigiTimes said the plastic body would be designed to cut costs on the cheaper iPhone. But other rumors tossed off by the site suggest the phone might use a mixture of plastic and metal, with the internal metal parts able to be seen from the outside.”
No positions in stocks mentioned.