John Paczkowski

Recent Posts by John Paczkowski

RIM Takes a Bath on NewBay Sale (Updated)

MrBubbleResearch In Motion has finally found a buyer for NewBay, the provider of white-label cloud-based content services it acquired last October for a price somewhere around $100 million.

Synchronoss Technologies has agreed to buy the company from RIM, though at a price significantly lower than the struggling handset maker paid for it: $55.5 million. The transaction includes all NewBay assets and intellectual property with the exception of $3 million in cash, which RIM will retain.

That’s quite a discount, with RIM eating roughly half of the cost of the original acquisition. It’s a bittersweet transaction for the company, which was at last able to sell off an asset it had been looking to unload, just at a lousy price.


Twitter’s Tanking

December 30, 2013 at 6:49 am PT

2013 Was a Good Year for Chromebooks

December 29, 2013 at 2:12 pm PT

BlackBerry Pulls Latest Twitter for BB10 Update

December 29, 2013 at 5:58 am PT

Apple CEO Tim Cook Made $4.25 Million This Year

December 28, 2013 at 12:05 pm PT

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I think the NSA has a job to do and we need the NSA. But as (physicist) Robert Oppenheimer said, “When you see something that is technically sweet, you go ahead and do it and argue about what to do about it only after you’ve had your technical success. That is the way it was with the atomic bomb.”

— Phil Zimmerman, PGP inventor and Silent Circle co-founder, in an interview with Om Malik