RIM Gets Mystery Device FCC Approval, Samsung’s New San Jose Palace: Tech Biz Wrap

| + More Articles
  • Like on Facebook
  • Share on Google+
  • Share on LinkedIn

A federal contract to provide wireless tracking of medical devices has been retained by Hewlett-Packard Co. (NYSE:HPQ), even though in June, International Business Machines Corporation (NYSE:IBM) had challenged the original awarding of the $543 million to HP. Initially, the latter won out over five other firms to win the contract, but then IBM said that the Veterans Administration failed to properly evaluate the proposals, and in October, the United States Government Accountability Office told the VA to reconsider the award. On Monday, Jo Schuda, a VA spokeswoman, said that after re-evaluating the bids, the department decided to stay with HP, commenting that it chose HP “again as the best value for the government.”

Research In Motion’s (NASDAQ:RIMM)’s intro of an unnamed BlackBerry device in January must have federal approval, and the FCC is cooperating. Regulators put such a handset with a RFF91LW model number through the standard tests, okaying it for AT&T’s LTE and GSM bands, along with a few international frequencies. The product’s label sample is censored, but FCC reports say that a minimum of three of the devices the firm provided were running OS 10.0.9. Some observers wonder if this could be the “L-series” BlackBerry Z10?

Are these stocks a buy or sell? Let us help you decide.  Check out our Wall St. Cheat Sheet Stock Picker Newsletter now>>

Microsoft Corporation (NASDAQ:MSFT) said that users impacted by an outage of its Cloud Saved Games feature will given a free month of Xbox Live, reports CNet. Additionally, the firm said that all problems associated with the feature’s outage have been repaired.

The new 10- story sales and research and development center for Samsung (SSNLF.PK), in San Jose will enclose 1.1 million square feet, if the company’s plans are realized. Other features include a layout meant to “encourage interaction among staff” and “foster connections with the community,” as it ultimately improves Samsung’s “soft capabilities.” Altogether, the palace will just a bit larger that the recent expansion of Apple at Austin that will accommodate 3,600 workers.

Don’t Miss: Samsung Won’t Let Apple Win TV Battle.

More Articles About:

To contact the reporter on this story: staff.writers@wallstcheatsheet.com To contact the editor responsible for this story: editors@wallstcheatsheet.com

Yahoo Finance, Harvard Business Review, Market Watch, The Wall St. Journal, Financial Times, CNN Money, Fox Business