BlackBerry Ltd. (BBRY) is eliminating a third of its staff and scaling back operations after quarterly sales missed analysts’ estimates by half, a sign of quickening deterioration at the already struggling smartphone maker.
The company will cut 4,500 jobs and record an inventory writedown of as much as $960 million for the fiscal second quarter, according to a statement today. Waterloo, Ontario-based BlackBerry expects to report a net operating loss of as much as $995 million for the period....
Even casual readers of the financial media may have noticed a certain pattern lately. With every new report about unemployment, factory utilization, or home/auto sales, forecasters and pundits alike seek to reassure us that we're out of the Great Recession, which began in 2008. Is it back to normal yet?
In the United States, at least, the signs are somewhat promising. The sickening skid in real estate prices has been arrested, the auto industry is on track to sell some 16 million vehicles this...
BMW has taken a huge step toward revolutionizing the role of robots in automotive manufacturing by having a handful of robots work side-by-side with human workers at its plant in Spartanburg, South Carolina.
As a new generation of safer, more user-friendly robots emerges, BMW’s man-machine collaboration could be the first of many examples of robots taking on new human tasks, and working more closely alongside humans. While many fear that this trend could put people out of work (see “How Technology...
The TyMetrix Legal Analytics LegalVIEW® Forum brings law firms and corporations together to discuss the most pressing legal issues of the day and develop unique value-based best practices.
OVERVIEW AT A GLANCE
The Power of the New Normal
Hear from industry veteran Tim Corcoran how adapting to the new normal is good for law firms, good for in-house counsel and good for business. The underlying point is that embracing these concepts aren't a necessary evil, but can actually lead to better...
The ReInvent Law Laboratory at Michigan State University’s College of Law was named a 2013 InnovAction Award winner in recognition of its work to promote innovation in the legal services industry.
The InnovAction Awards — now in their ninth year — recognize outstanding innovation in the field of law and delivery of legal services. According to the College of Law Practice Management, which administers the InnovAction program, the awards highlight “what can happen when passionate professionals,...
A witness may authenticate Facebook messages through testimony alone that the messages are what they purport to be, the Mississippi Court of Appeals held in a recent decision [PDF]. The court also found that the Facebook messages that are automatically generated are not hearsay because they are not statements made by a person. The ruling continues the trend toward subjecting social media posts to traditional evidentiary principles.
Three Messages at Issue
In Smith v. State, a capital murder...
I recently purchased an iPad 4 (also known as the "iPad with Retina Display") and spent several weeks breaking it in on my travels (to China for two weeks, for instance). The iPad 4 is very similar to the iPad 3, but with several important differences. Both iPads represent a huge upgrade from the iPad 2 (which I traded in to get the iPad 4). So for this month's "12 on 12," here's a dozen compliments and complaints about the iPad 4.