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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Nobody was excited about paying top dollar for a movie about WikiLeaks. A film about the origins of Pets.com would have done better.

— Gitesh Pandya of BoxOfficeGuru.com comments on the dreadful opening weekend box office numbers for “The Fifth Estate.”