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BlackBerry Maker RIM Planning E-Mail Support for Apple’s IPhones, Android – Bloomberg

November 29, 2011 By Leave a Comment

Research In Motion Ltd. (RIM) will offer companies software to manage the iPhones and other handsets that are increasingly displacing its once-dominant BlackBerry, seeking to bolster relationships with corporate customers.

BlackBerry Mobile Fusion, as the device-management software is known, will be available in the first quarter and can run alongside or replace the BlackBerry Enterprise Server networks RIM now operates for companies and government agencies, said Alan Panezic, vice president of platform product management.

“This is a really, really important strategic move,” he said in an interview. RIM is conducting trials with financial- services, manufacturing and pharmaceutical companies, he said.

The flow of devices such as Apple Inc. (AAPL)’s iPhone into the workplace is accelerating as companies seek to save money by letting workers use their own devices and making those more secure, rather than giving workers corporate-issued BlackBerrys. With the new software, RIM is offering a solution that lets corporations manage BlackBerrys as well as rival devices

via BlackBerry Maker RIM Planning E-Mail Support for Apple’s IPhones, Android – Bloomberg.

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Given recent FCPA cases, M&A risk management is key

June 3, 2011 By Leave a Comment

Commentators broadly and accurately highlight intensified enforcement of the Foreign Corrupt Practices Act and acquiring companies’ FCPA hazards in mergers and acquisitions. One might infer that an acquirer should, when buying a business, deploy limitless resources to identify and resolve all anti-corruption compliance risk. Since resources are not unlimited, effective management of anti-corruption exposure in an M&A context requires informed, transaction-by-transaction judgment and protections that are tailored to and commensurate with risk profiles of target companies.

Acquirers’ concerns about anti-corruption risk are well-founded. The U.S. Department of Justice and Securities and Exchange Commission do not hesitate to pursue alleged FCPA violations on a “successor liability” basis. Recent settlements for preclosing activities of target companies include Vetco International Ltd. ($26 million in fines), InVision Technologies ($1.8 million) and Latin Node Inc. ($2 million). “Three Vetco International Ltd. Subsidiaries Plead Guilty,” DOJ press release (Feb. 6, 2007); “SEC Settles Charges Against InVision Technologies,” SEC litigation release No. 19078 (Feb. 14, 2005); “Latin Node Inc. Pleads Guilty,” DOJ press release (April 7, 2009). The Latin Node FCPA enforcement action resulted in eLandia International Inc. writing off the totality of its acquisition of Latin Node.

via Given recent FCPA cases, M&A risk management is key.

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Introducing Litigation Edge Pte Ltd, your one-stop litigation support and e-discovery services provider in Asia

April 29, 2011 By Leave a Comment

Singapore’s Litigation Edge is a collaboration between 3 individuals with more than 30 years experience in varying aspects of litigation and law practice technology in Singapore and the USA, including engagements as e-discovery consultants, law practice workflow consultants, litigation support service providers and digitization specialists.

What sets Litigation Edge apart is:

  1. The range of litigation technology solutions and services that we provide
  2. Our partnership with international experts from jurisdictions with a mature e-discovery culture
  3. Our commitment to education, training and self-empowerment
  4. Our understanding and insight into law firm practices

We provide the whole spectrum of services under the Electronic Discovery Reference Model, including data collection, data processing (denisting and de-duplication), data conversion, and the provision of review tools for electronically stored documents.  We also specialize in providing litigation support services for paper-based documents, including bulk copying, scanning, delimiting and objective coding of documents. Our review tools and litigation support services enable law practices to take on document intensive litigation without the need to put more lawyers on the job.

Litigation Edge‘s one-stop litigation support and e-discovery services enables law practices to undertake trial preparation more cost effectively, with less stress and more successful outcomes.

Litigation Edge Pte Ltd
8 Robinson Road #10-00 Singapore
+65 6236 2846 Phone
info@litiedge.com Email
http://litiedge.com/ Web

 

Litigation Edge is a strategic partner of Global EDD Group and provides operations support to the company throughout the Asia Pacific region.

 

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RIM to Sell Tablet for Less Than $500 to Take on IPad – BusinessWeek

November 10, 2010 By Leave a Comment

Research In Motion Ltd., the maker of the BlackBerry smartphone, said it will begin selling a tablet computer in North America in the first quarter for “under” $500 as it takes on Apple Inc.’s iPad.

“The product will be very competitively priced,” Co-Chief Executive Officer Jim Balsillie said in an interview in Seoul today, declining to be more specific. Sales of the BlackBerry Playbook, unveiled in September, will expand globally from the second quarter, he said. The iPad starts at $499.

RIM, Hewlett-Packard Co., Samsung Electronics Co. and Motorola Inc. are seeking to build tablet computers after the introduction of the iPad triggered demand for devices that can fill the gap between smartphones and laptops. Apple sold 3 million iPads in the first 80 days after the device’s April debut, eclipsing sales of its iPod music player.

Waterloo, Ontario-based RIM is trying to differentiate itself from Apple and other tablet makers by stressing the ability of its PlayBook tablet to handle Adobe Systems Inc.’s Flash technology that underpins much of the video content on the Internet. The iPad doesn’t run Flash video or animation.

via RIM to Sell Tablet for Less Than $500 to Take on IPad – BusinessWeek.

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RIM to Sell Tablet for Less Than $500 to Take on IPad – BusinessWeek

November 10, 2010 By Leave a Comment

Research In Motion Ltd., the maker of the BlackBerry smartphone, said it will begin selling a tablet computer in North America in the first quarter for “under” $500 as it takes on Apple Inc.’s iPad.

“The product will be very competitively priced,” Co-Chief Executive Officer Jim Balsillie said in an interview in Seoul today, declining to be more specific. Sales of the BlackBerry Playbook, unveiled in September, will expand globally from the second quarter, he said. The iPad starts at $499.

RIM, Hewlett-Packard Co., Samsung Electronics Co. and Motorola Inc. are seeking to build tablet computers after the introduction of the iPad triggered demand for devices that can fill the gap between smartphones and laptops. Apple sold 3 million iPads in the first 80 days after the device’s April debut, eclipsing sales of its iPod music player.

Waterloo, Ontario-based RIM is trying to differentiate itself from Apple and other tablet makers by stressing the ability of its PlayBook tablet to handle Adobe Systems Inc.’s Flash technology that underpins much of the video content on the Internet. The iPad doesn’t run Flash video or animation.

via RIM to Sell Tablet for Less Than $500 to Take on IPad – BusinessWeek.

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Panalpina Group, Royal Dutch Shell Near FCPA Settlements – Corruption Currents – WSJ

October 15, 2010 By Leave a Comment

Panalpina Group, a Swiss logistics company, and Royal Dutch Shell PLC are nearing settlements for foreign bribery, sources told the Wall Street Journal.

Panalpina has been under investigation for the last three years by the Justice Department and the Securities and Exchange Commission for paying bribes to officials in countries including Nigeria, Saudi Arabia, Algeria and Kazakhstan to expedite services and get items through customs. The investigation expanded to include its clients, including Shell, as well as Nabors Industries Ltd., Schlumberger Ltd., Transocean Ltd. and Noble Corp., according to SEC filings. (Schlumberger faces a separate FCPA probe for its dealings in Yemen, as Corruption Currents wrote about last week.)

The Journal’s sources say Panalpina is expected to pay an $85 million fine, and Shell could pay $30 million for using the company’s services in Nigeria. The other companies should be settling in the next few weeks, according to the sources.

via Panalpina Group, Royal Dutch Shell Near FCPA Settlements – Corruption Currents – WSJ.

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Schlumberger Faces Bribery Probe – WSJ.com

October 8, 2010 By Leave a Comment

The Justice Department has begun looking into allegations of possible bribery in Yemen several years ago by Schlumberger Ltd., the large oil-services company.

The allegations concern contract payments Schlumberger made to a consulting firm with ties to Yemen’s government at a time when Schlumberger sought approval to create an oil-exploration databank in Yemen, as described by two people familiar with the matter and by company documents reviewed by The Wall Street Journal.

The investigation is at an early stage. Investigators have been in touch with former Schlumberger employees who say they have knowledge of internal allegations made at the company, and of internal Schlumberger probes of those allegations, said people familiar with the matter.

Schlumberger compliance director Dianne Ralston said the company “has an embedded, robust culture of accountability and compliance, training our employees to report concerns, thoroughly investigating issues raised and taking appropriate action. This is a long-term commitment Schlumberger has made everywhere we operate around the world.” Justice Department investigators declined to comment.

via Schlumberger Faces Bribery Probe – WSJ.com.

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Microsoft Licenses Patents Created by Palm – WSJ.com

October 8, 2010 By Leave a Comment

In another sign of the ferment over intellectual property in the mobile market, Microsoft Corp. has licensed dozens of patents related to smartphones, most of which originated from the creator of the software behind the pioneering Palm Treo devices.

The deal will allow Microsoft, Redmond, Wash., to avoid at least some of the litigation that has been targeted at big rivals in the smartphone market recently. Microsoft licensed the patents—74 of them in all—for undisclosed terms from Acacia Research Corp. and Access Co. Ltd., a Japanese company that acquired PalmSource, the firm behind the Palm operating system, in 2005.

Some of the same patents are involved in a pendinglawsuit Acacia filed in March in federal court in Tyler, Texas, against Apple Inc., Blackberry-maker Research In Motion Ltd., Samsung Electronics Co., Motorola Inc. and other smartphone makers. The suit, which didn’t name Microsoft, alleged the defendants infringe on patents covering functions like email synchronization and providing phone capabilities from personal computer devices

via Microsoft Licenses Patents Created by Palm – WSJ.com.

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ABB to Pay U.S. $58 Million to Resolve Mexico, Iraq Corrupt Payment Claims – Bloomberg

September 30, 2010 By Leave a Comment

ABB Ltd., the world’s biggest electricity-networks builder, agreed to pay about $58.3 million to resolve claims by U.S. prosecutors and regulators that its units made corrupt payments to win business in Mexico and Iraq.

The U.S. Department of Justice and Securities and Exchange Commission accused Zurich-based ABB and three subsidiaries of conspiracy and violations of the Foreign Corrupt Practices Act, which bars companies from paying foreign officials to gain a business advantage. In separate settlements, the company agreed to pay criminal penalties of $19 million and SEC civil penalties of more than $39.3 million.

ABB and its co-conspirators made “concealed, corrupt payments” from 1997 to 2005 to officials at Comision Federal de Electricidad, an utility owned by Mexico, relating an electric network upgrade contract, prosecutors said in a court filing.

Another unit, ABB Ltd.-Jordan, paid more than $300,000 in kickbacks to the government of Iraq starting in 2000 for $5.9 million in purchase orders from regional companies of the Iraqi Electricity Commission as part of the United Nations oil- for-food program, prosecutors said in a separate filing.

via ABB to Pay U.S. $58 Million to Resolve Mexico, Iraq Corrupt Payment Claims – Bloomberg.

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Dow Agro faces ban on bribery charge – The Economic Times

September 10, 2010 By Leave a Comment

Dow AgroSciences India Ltd, the Indian subsidiary of Dow Chemicals, is likely to be blacklisted by the government following its persistent refusal to respond to show-cause notices over charges of bribery.

The agriculture ministry had asked the company why action should not be initiated against it for bribing officials to push three sub-standard pesticides in the country.

The Central Bureau of Investigation, which had investigated the case, had earlier this year held the Mumbai-based Indian arm of Dow Chemicals guilty of bribing a senior central government employee and his aides, and had recommended that the firm be blacklisted. The three pesticides were identified as Dursban 10G, Nurelle-D and Pride.

The details of the bribes paid by Dow AgroSciences — known earlier as DE-Nocil — have been mentioned in the charge sheet filed by CBI in the case.

The charge sheet was filed on the basis of information furnished by the US authorities to the Indian government in response to a letter rogatory, a formal request from a court to a foreign court for judicial assistance.

via Dow Agro faces ban on bribery charge – The Economic Times.

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