Following the launch of the IRIS 501 last month, Lava has revealed an entry-level dual-SIM phone called the IRIS 351. The 351 will join the IRIS N320 as a sub-4K phone priced at Rs 3,899. Though there has been no official launch from the company, the 351 is already listed on retail websites like Flipkart, Saholic and Infibeam. (more…)Google+

In an interview with a German daily Die Welt, RIM CEO Thorsten Heins revealed that RIM might consider the sale of its hardware division post the group’s strategic review. The review could also lead to the sale of its software licenses among other options. (more…)Google+

Research In Motion is currently weighing every single option it can think of in an effort to reverse a negative trend that is approaching a boiling point for investors. Reports that RIM is currently in talks to license its software to other vendors are accurate according to our trusted sources, though we have been told that RIM is most likely leaning toward an outright sale of one or more divisions, or even the whole company. The front runner, we have been told by a trusted source with knowledge of the situ...

Rumors again surfaced on Wednesday suggesting that Nokia plans to sell its smartphone business to Microsoft. Danske Bank, Denmark’s largest bank, issued a report to clients Wednesday morning that said Nokia will sell its smartphone division to Microsoft during the first half of 2012. Danske raised its rating on Nokia stock to Buy from Hold, and shares rose more than 3% on the news. Similar rumors first surfaced in May when an industry insider said Nokia and Microsoft were about to enter negotiationsÂ...

HP is reportedly holding a meeting Tuesday night during which it may decide the fate of its webOS mobile platform, The Verge reported on Tuesday. The meeting will take place after the market closes and will be led by CEO Meg Whitman at 4:30 p.m. PST. According to Reuters, HP has been toying with the idea of selling the unit and possible suitors include Amazon, Intel, Oracle, Research In Motion and IBM. The potential sale will likely fetch far less than the $1.2 billion that HP paid to acquire Palm in 2010. H...

Following recent rumblings surrounding discontent atop Yahoo’s executive chain, the struggling Internet company fired its CEO Carol Bartz. In the same stroke, Yahoo! also revealed that it is for sale. News broke Tuesday night that former chief executive Carol Bartz sent an email to the entire Yahoo organization. In her brief note, she stated that Yahoo’s chairman of the board had fired her — over the phone, no less. Yahoo confirmed the news, stating that Chief Financial Officer Tim Morse would...

While Michael Dell laughs it up on Twitter, a new report suggests that Samsung could be preparing to purchase Hewlett-Packard’s PC business, which the company revealed it may soon spin off. According to a new report from DigiTimes, Samsung may be eyeing a purchase of HP’s PC division, which would catapult the South Korea-based electronics giant past Dell and into the No. 1 PC vendor spot globally. The report states that Samsung is currently meeting with various leading manufacturers including Qu...

Apple on Tuesday began selling unlocked iPhone 4 handsets in the U.S. a day earlier than expected. The smartphone is now available in 16GB for $649 or 32GB for $749, and both models come in black or white. Other manufacturers, most notably Nokia and Sony, have sold unlocked smartphones in the U.S. for quite some time. Neither company has seen much success with unlocked handsets thus far, though Apple’s approach is somewhat different. Apple’s primary sales channels in the U.S. are undoubtedly carriers, a...

Nokia CEO Stephen Elop once again addressed rumors of a possible sale of Nokia’s phone business. Rumors emerged on Wednesday suggesting Samsung was preparing to bid on Nokia’s cell phone division, but Elop addressed them on Thursday while speaking to The Wall Street Journal. Elop insisted that the rumors are “completely groundless.” The CEO continued, “Nokia is not for sale.” While Elop has been steady with his message, there is of course wiggle room in his choice of word...

Amazon on Monday revealed a new discounted version of its popular Kindle eBook reader. Amazon’s announcement came on the same day Barnes & Noble announced its all-new NOOK eReader. When asked during a Q&A session after Monday’s press conference if Barnes & Noble would ever consider releasing an ad-supported NOOK, CEO William Lynch laughed and said it was highly unlikely — but Amazon seems to be having some success with the ad-supported model. Joining the company’s $114 ad-suppo...