Katie Holmes's Hair Has a New Job




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01/18/2013 at 03:30 PM ET



Katie HolmesCourtesy Alterna


Katie Holmes has your beauty routine covered.


Just months after signing on as the first famous face of Bobbi Brown cosmetics, the actress has inked a deal as the debut celebrity spokeswoman for Alterna Haircare.


Never heard of the brand? You’re not alone. “Alterna has been haircare’s ‘best kept secret’ for years,” Joan Malloy, the company’s president and CEO, says in a statement. “But that is about to change. We’re confident that adding Katie’s natural beauty, gorgeous hair and creative instincts to our state-of-the-art, results-driven haircare collection will be a game-changing combination.”


According to a release, the plan is for Holmes to help the brand grow worldwide — particularly in salons and retail stores. She’ll also appear in ads in March 2013 women’s beauty, lifestyle and salon trade magazines.


“I’m really proud to be a part of this company — not only because the products are incredible, but because their ‘accessible luxury’ and ‘free of’ philosophy really speaks to me,” Holmes says of the eco-conscious brand. “It’s good for my hair and good for the earth, so I feel good using it.”



The brand feels good about using her, too, especially as she’s transformed this year from Tom Cruise‘s wife into big city girl. “Katie inspired us by gracefully evolving from an actress to a multi-faceted artist, designer and style icon,” Malloy says.


If you want to try the goods for yourself, they’re available at Sephora.com, ULTA.com, beauty.com and QVC.com. According to the brand, Holmes’s favorite products include caviar anti-aging moisture shampoo and conditioner and bamboo dry shampoo. Tell us: Do you like the idea of Holmes promoting a haircare company?


–Kate Hogan


PHOTOS: BETTER BEFORE OR AFTER? VOTE ON STARS’ HAIRDO RE-DOS


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Will Obama's order lead to surge in gun research?


MILWAUKEE (AP) — Nearly as many Americans die from guns as from car crashes each year. We know plenty about the second problem and far less about the first. A scarcity of research on how to prevent gun violence has left policymakers shooting in the dark as they craft gun control measures without much evidence of what works.


That could change with President Barack Obama's order Wednesday to ease research restrictions pushed through long ago by the gun lobby. The White House declared that a 1996 law banning use of money to "advocate or promote gun control" should not keep the Centers for Disease Control and Prevention and other federal agencies from doing any work on the topic.


Obama can only do so much, though. Several experts say Congress will have to be on board before anything much changes, especially when it comes to spending money.


How severely have the restrictions affected the CDC?


Its website's A-to-Z list of health topics, which includes such obscure ones as Rift Valley fever, does not include guns or firearms. Searching the site for "guns" brings up dozens of reports on nail gun and BB gun injuries.


The restrictions have done damage "without a doubt" and the CDC has been "overly cautious" about interpreting them, said Daniel Webster, director of the Center for Gun Policy and Research at the Johns Hopkins Bloomberg School of Public Health.


"The law is so vague it puts a virtual freeze on gun violence research," said a statement from Michael Halpern of the Union of Concerned Scientists. "It's like censorship: When people don't know what's prohibited, they assume everything is prohibited."


Many have called for a public health approach to gun violence like the highway safety measures, product changes and driving laws that slashed deaths from car crashes decades ago even as the number of vehicles on the road rose.


"The answer wasn't taking away cars," said Dr. Georges Benjamin, executive director of the American Public Health Association.


However, while much is known about vehicles and victims in crashes, similar details are lacking about gun violence.


Some unknowns:


—How many people own firearms in various cities and what types.


—What states have the highest proportion of gun ownership.


—Whether gun ownership correlates with homicide rates in a city.


—How many guns used in homicides were bought legally.


—Where juveniles involved in gun fatalities got their weapons.


—What factors contribute to mass shootings like the Newtown, Conn., one that killed 26 people at a school.


"If an airplane crashed today with 20 children and 6 adults there would be a full-scale investigation of the causes and it would be linked to previous research," said Dr. Stephen Hargarten, director of the Injury Research Center at the Medical College of Wisconsin.


"There's no such system that's comparable to that" for gun violence, he said.


One reason is changes pushed by the National Rifle Association and its allies in 1996, a few years after a major study showed that people who lived in homes with firearms were more likely to be homicide or suicide victims. A rule tacked onto appropriations for the Department of Health and Human Services barred use of funds for "the advocacy or promotion of gun control."


Also, at the gun group's urging, U.S. Rep. Jay Dickey, a Republican from Arkansas, led an effort to remove $2.6 million from the CDC's injury prevention center, which had led most of the research on guns. The money was later restored but earmarked for brain injury research.


"What the NRA did was basically terrorize the research community and terrorize the CDC," said Dr. Mark Rosenberg, who headed the CDC's injury center at the time. "They went after the researchers, they went after institutions, they went after CDC in a very big way, and they went after me," he said. "They didn't want the data to be collected because they were threatened by what the data were showing."


Dickey, who is now retired, said Wednesday that his real concern was the researcher who led that gun ownership study, who Dickey described as being "in his own kingdom or fiefdom" and believing guns are bad.


He and Rosenberg said they have modified their views over time and now both agree that research is needed. They put out a joint statement Wednesday urging research that prevents firearm injuries while also protecting the rights "of legitimate gun owners."


"We ought to research the whole environment, both sides — what the benefits of having guns are and what are the benefits of not having guns," Dickey said. "We should study any part of this problem," including whether armed guards at schools would help, as the National Rifle Association has suggested.


Association officials did not respond to requests for comment. A statement Wednesday said the group "has led efforts to promote safety and responsible gun ownership" and that "attacking firearms" is not the answer. It said nothing about research.


The 1996 law "had a chilling effect. It basically brought the field of firearm-related research to a screeching halt," said Benjamin of the Public Health Association.


Webster said researchers like him had to "partition" themselves so whatever small money they received from the CDC was not used for anything that could be construed as gun policy. One example was a grant he received to evaluate a community-based program to reduce street gun violence in Baltimore, modeled after a successful program in Chicago called CeaseFire. He had to make sure the work included nothing that could be interpreted as gun control research, even though other privately funded research might.


Private funds from foundations have come nowhere near to filling the gap from lack of federal funding, Hargarten said. He and more than 100 other doctors and scientists recently sent Vice President Joe Biden a letter urging more research, saying the lack of it was compounding "the tragedy of gun violence."


Since 1973, the government has awarded 89 grants to study rabies, of which there were 65 cases; 212 grants for cholera, with 400 cases, yet only three grants for firearm injuries that topped 3 million, they wrote. The CDC spends just about $100,000 a year out of its multibillion-dollar budget on firearm-related research, New York Mayor Michael Bloomberg has said.


"It's so out of proportion to the burden, however you measure it," said Dr. Matthew Miller, associate professor of health policy at the Harvard School of Public Health. As a result, "we don't know really simple things," such as whether tighter gun rules in New York will curb gun trafficking "or is some other pipeline going to open up" in another state, he said.


What now?


CDC officials refused to discuss the topic on the record — a possible sign of how gun shy of the issue the agency has been even after the president's order.


Health and Human Services Secretary Kathleen Sebelius said in a statement that her agency is "committed to re-engaging gun violence research."


Others are more cautious. The Union of Concerned Scientists said the White House's view that the law does not ban gun research is helpful, but not enough to clarify the situation for scientists, and that congressional action is needed.


Dickey, the former congressman, agreed.


"Congress is supposed to do that. He's not supposed to do that," Dickey said of Obama's order. "The restrictions were placed there by Congress.


"What I was hoping for ... is 'let's do this together,'" Dickey said.


___


Follow Marilynn Marchione's coverage at http://twitter.com/MMarchioneAP


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Housing, job-market data push S&P to five-year high

NEW YORK (Reuters) - Stronger-than-expected data on housing starts and jobless claims lit a fire under stocks on Thursday, pushing the S&P 500 to a five-year high and its third day of gains.


A pair of economic reports lifted investors' sentiment. The number of Americans filing new claims for unemployment benefits fell to a five-year low last week and housing starts jumped last month to the highest since June 2008.


Strength in the housing and labor markets is key to sustained growth and higher corporate profits, helping to bring out buyers even on a day when earnings reports were mixed.


Gains were tempered by weakness in the financial sector, with Bank of America down 4.2 percent to $11.28 and Citigroup off 2.9 percent to $41.24 after their results.


In other negative earnings news, shares of chipmaker Intel fell 5.2 percent to $21.49 in extended-hours trading after the company forecast quarterly revenue that fell short of analysts' expectations. Intel had ended the regular session up 2.6 percent at $22.68.


The S&P 500 ended at its highest since December 2007 and now sits just 5.6 percent from its all-time closing high of 1,565.15.


"Having consolidated really for the last two weeks, the fact that we broke out, I think that that is sucking in quite a bit of money," said James Dailey, portfolio manager of TEAM Asset Strategy Fund in Harrisburg, Pennsylvania.


The Dow Jones industrial average <.dji> was up 84.79 points, or 0.63 percent, at 13,596.02. The Standard & Poor's 500 Index <.spx> was up 8.31 points, or 0.56 percent, at 1,480.94. The Nasdaq Composite Index <.ixic> was up 18.46 points, or 0.59 percent, at 3,136.00.


Better-than-expected earnings and revenue reported by online marketplace eBay late Wednesday helped the stock gain 2.7 percent to $54.33.


In the housing sector, PulteGroup Inc shares gained 4.9 percent to $20.29 and Toll Brothers Inc advanced 3.1 percent to $35.99. The PHLX housing sector index <.hgx> climbed 2.4 percent, reaching its highest close since August 2007.


Semiconductor shares <.sox> rose 2 percent to the highest close in eight months.


Financials were the only S&P 500 sector to register a slight decline for the day.


Bank of America's fourth-quarter profit fell as it took more charges to clean up mortgage-related problems. Citigroup posted $2.32 billion of charges for layoffs and lawsuits.


Energy shares led gains on the Dow as U.S. crude oil prices jumped more than 1 percent. Shares of Exxon Mobil were up 0.8 percent at $90.20 while shares of Chevron were up 0.7 percent at $114.75.


S&P 500 earnings are expected to have risen 2.3 percent in the fourth quarter, Thomson Reuters data showed. Expectations for the quarter have fallen considerably since October when a 9.9 percent gain was estimated.


Volume was roughly 6.5 billion shares traded on the New York Stock Exchange, the Nasdaq and the NYSE MKT, compared with the 2012 average daily closing volume of about 6.45 billion.


Advancers outpaced decliners on the NYSE by about 22 to 7 and on the Nasdaq by about 2 to 1.


(Additional reporting by Chuck Mikolajczak; Editing by Kenneth Barry and Nick Zieminski)



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The Lede Blog: An Irish Hostage Is 'Safe and Free' in Algeria, but Britons Are Told to Brace for Bad News

An Arabic-language video report from Al Jazeera showing the gas facility in Algeria where dozens of workers were taken hostage by Islamist militants.

Following a military raid on a gas facility in Algeria, where a heavily armed group of Islamist militants took dozens of workers hostage, the Irish government confirmed on Thursday that a man from Belfast who had been part of the group taken captive was freed. The fate of other hostages remained unclear.

Algeria’s communications minister, Mohand Saïd Oublaïd, said that many of the hostages had been freed, but some were killed in the rescue effort, along with “a large number of terrorists.” A news agency in neighboring Mauritania reported that a spokesman for the Islamists claimed that a number of hostages were killed in the Algerian government raid.

Ireland’s foreign minister, Eamon Gilmore, said at a news conference, “while naturally we are delighted that Stephen McFaul is free and safe, our thoughts are with his fellow workers and the other people who have not been so fortunate. Our thoughts are particularly with the citizens of other countries who have still not been accounted for.”

Video of Ireland’s foreign minister, Eamon Gilmore, speaking to reporters about an Irish citizen, Stephen McFaul, who was freed from the custody of kidnappers in Algeria on Thursday.

Mr. McFaul was physically unharmed and being held at a military base, the minister said. He declined to provide further details of Mr. McFaul’s ordeal, out of respect for the families of the other hostages.

Prime Minister David Cameron of Britain confirmed in an interview posted online by Britain’s Channel 4 News that at least one British hostage had been killed and said, “we should be prepared for the possibility of further bad news, very difficult news, in this extremely difficult situation.”

A spokesman for the Norwegian oil firm Statoil, which jointly operates the gas facility with BP, told reporters, “We have received information about two of our employees being physically hurt, not serious, but the situation is unclear and very difficult to follow.”

Agence France-Presse video of a statement by a Norwegian oil company official on the hostage crisis at a facility in Algeria.

In Belfast, Mr. McFaul’s family expressed joy and relief in interviews with Ulster Television and BBC News. “I feel over the moon. I’m just really excited. I just can’t wait for him to get home,” his young son, Dylan, told UTV, as he broke down in tears.

The Irish prime minister, Enda Kenny, said in a statement:

I am greatly relieved to hear that Stephen is safe and well. I believe he has already spoken to his family in Belfast and I wish him a safe return home to his loved ones. I would like to pay tribute to all those who have been involved in the effort to resolve this crisis and my thoughts are with the other oil field workers and their families who have found themselves at the center of this traumatic situation.

In the interview with UTV, Mr. McFaul’s family said he had called his wife after reaching safety. “I was delighted, I could not get better news,” said his mother, Marie. “I feel sorry for the other hostages and their families,” said Mr. McFaul’s father, Christopher.


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Intel’s revenue forecast short of expectations






SAN FRANCISCO (Reuters) – Intel Corp forecast current-quarter revenue that was slightly below expectations as the personal computer industry grapples with falling sales and a shift toward tablets and smartphones.


PC makers are struggling to stop a decline in sales as consumers hold off on buying new laptops in favor of spending on more nimble mobile gadgets.






Microsoft Corp‘s long-awaited launch of Windows 8 in October brought touchscreen features to laptops but failed to spark a resurgence in sales that Intel and many PC manufacturers had hoped for.


Intel said its capital spending in 2013 would be $ 13 billion, plus or minus $ 500 million, exceeding what many analysts had expected.


In the fourth quarter, Intel’s revenue was $ 13.5 billion, compared with $ 13.9 billion a year earlier. Analysts had expected $ 13.53 billion in revenue for the fourth quarter, according to Thomson Reuters I/B/E/S.


Intel estimated first-quarter revenue of $ 12.7 billion, plus or minus $ 500 million. Analysts expected $ 12.91 billion for the current quarter.


Net earnings in the December quarter were $ 2.5 billion, or 48 cents a share, compared with $ 3.4 billion, or 64 cents a share, in the same quarter last year.


(Reporting by Noel Randewich; Editing by Richard Chang)


Gadgets News Headlines – Yahoo! News





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Britney Spears & Jason Trawick Split: Will She Be Okay?















01/17/2013 at 05:00 PM EST







Britney Spears and Jason Trawick


Michael Kovac/Getty


The new year has already been full of change for Britney Spears.

She's left her gig as judge on The X Factor, her new puppy Hannah is gravely ill, and on Jan. 11 she announced she and fiancé Jason Trawick, 41, have called it quits after more than three years together.

While Spears, 31, told PEOPLE in an exclusive statement, "I'll always adore him, and we will remain great friends," a family source says the signer is "definitely upset about the split."

What tore the couple apart? Spears, who has two sons with ex-husband Kevin Federline, had hoped to start a family soon with Trawick, but he wasn't ready. Says the close source: "There were so many issues he wanted worked out before that" – including her neediness. "It was difficult for Jason to have his own life."

Adds an insider: "Britney is very insecure and has had a lot of trouble with jealousy." These insecurities may be heightened now. "[She] is very worried about being alone," says the family source. "She is upset, but for a long time she has treated him like a friend, not a romantic partner." The family source adds that some close to the singer, who had a breakdown in 2008, "are concerned about her future."

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S&P 500 ends flat as bank profits temper growth concerns

NEW YORK (Reuters) - The S&P 500 ended nearly flat on Wednesday as solid earnings from two major banks and a bounceback in Apple shares offset concerns about a lower forecast for global growth in 2013.


Shares of Goldman Sachs hit their highest since May 2011 as earnings nearly tripled on increased revenue from dealmaking and lower compensation expenses. JPMorgan Chase said fourth-quarter net income jumped 53 percent and earnings for 2012 set a record.


JPMorgan shares rose 1 percent to $46.82, while Goldman climbed 4.1 percent to $141.09.


They were among the first big banks to report results and helped to lift estimates for S&P 500 corporate earnings slightly, to a 2.2 percent gain, Thomson Reuters data showed.


"Pretty solid numbers from both JPMorgan and Goldman Sachs are putting a lot of momentum behind the financials, with a lot more names to report this week. But I think that's helping to put a better bid to the market overall," said Michael James, senior trader at Wedbush Morgan in Los Angeles.


Apple rebounded after three days of losses, helping the Nasdaq outperform the S&P 500 and Dow. Apple rose 4.2 percent to $506.09. It closed below $500 on Tuesday for the first time since February.


"There could not have been more negativity around Apple going into today. So was it due for an oversold bounce on a trading basis? Absolutely," James said.


A slow economic recovery in developed nations is holding back the global economy, the World Bank said on Tuesday, as it sharply scaled back its forecast for world growth in 2013 to 2.4 percent from an earlier forecast of 3.0 percent.


The Dow Jones industrial average <.dji> was down 23.66 points, or 0.17 percent, at 13,511.23. The Standard & Poor's 500 Index <.spx> was up 0.29 points, or 0.02 percent, at 1,472.63. The Nasdaq Composite Index <.ixic> was up 6.77 points, or 0.22 percent, at 3,117.54.


The biggest drag on the Dow was Boeing , whose shares fell 3.4 percent to $74.34 on concerns about its new Dreamliner passenger jets. Japan's two leading airlines grounded their fleets of 787s after an emergency landing, adding to safety concerns triggered by a series of recent incidents.


After the bell, shares of eBay were trading up 0.7 at $53.28, reversing an initial decline following the release of its results. Also after the close, shares of CBS rose 8.3 percent to $41.10 after it said it will convert its Outdoor Americas division into a real estate investment trust. [ID:nL4N0AL98X]


Earlier in the day, U.S. economic data showed consumer prices were flat in December, pointing to muted inflation pressures that should give the Federal Reserve room to prop up the economy by staying on its ultra-easy monetary policy path.


Other data showed U.S. homebuilder confidence in the market for single family homes held steady near seven year highs in January, suggesting the outlook for the housing market remained upbeat.


Volume was roughly 5.6 billion shares traded on the New York Stock Exchange, the Nasdaq and the NYSE MKT, compared with the 2012 average daily closing volume of about 6.45 billion.


Decliners outpaced advancers on the NYSE by nearly 8 to 7 and on the Nasdaq by almost 7 to 5.


(Additional reporting by Chuck Mikolajczak; Editing by Nick Zieminski and Kenneth Barry)



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Netanyahu Issues Veiled Barb in Response to Reported Criticism From Obama





JERUSALEM — Days before an Israeli election that he is expected to win, Prime Minister Benjamin Netanyahu on Wednesday directed a veiled barb at President Obama, who was quoted this week as denouncing Mr. Netanyahu’s policies.




Relations between the two leaders have long been marked by tension that has erupted on occasion into open hostility, particularly over the handling of the Iranian nuclear issue and Israeli settlement plans. Israeli commentators said the latest exchange of messages seemed to suggest that future relations between Mr. Obama and Mr. Netanyahu could be equally fraught.


In a column published by Bloomberg View on Monday, Jeffrey Goldberg, an American journalist who is well acquainted with Israel, wrote that in the weeks after the United Nations General Assembly voted to upgrade the status of Palestine to nonvoting member state, “Obama said privately and repeatedly, ‘Israel doesn’t know what its own best interests are.’ With each new settlement announcement, in Obama’s view, Netanyahu is moving his country down a path toward near-total isolation.”


Responding to a journalist’s question about the comments and the timing during a televised visit to a military base on Wednesday, Mr. Netanyahu said, “I think everyone understands that only Israeli citizens will be the ones who determine who faithfully represents the vital interests of Israel.”


Many Israelis regard Mr. Goldberg as being well connected to Mr. Obama, citing a widely publicized interview by Mr. Goldberg with the president that was published in The Atlantic last March. Mr. Obama said then, regarding Iran, “I think that the Israeli government recognizes that, as president of the United States, I don’t bluff,” and, “In terms of Israeli politics, there’s been a view that regardless of whether it’s a Democratic or Republican administration, the working assumption is: we’ve got Israel’s back.”


Asked for a response to Mr. Goldberg’s column, Tommy Vietor, a spokesman for the National Security Council, said: “I can’t confirm that specific comment or what was allegedly discussed in private meetings.  The president has been clear in stating what he believes is a realistic basis for successful negotiations, and we will continue to base our efforts on that approach.”


The stinging criticism attributed to Mr. Obama made headlines in Israel, not least because of the timing. Months ago, Mr. Netanyahu was widely perceived as meddling in the American presidential campaign in favor of the Republican nominee, Mitt Romney. Now, some Israeli commentators posited, it was payback time.


Others suggested that Mr. Obama’s criticism could only help Mr. Netanyahu, a conservative who is battling political parties further to his right.


Tensions peaked last fall, before the American election, when Mr. Netanyahu publicly criticized the Obama administration for refusing to set clear “red lines” on Iran’s nuclear progress and said that as a result, the administration had no “moral right” to restrain Israel from taking military action of its own.


The Netanyahu government’s frequent announcements of plans to build more Jewish homes in the Israeli-occupied West Bank and the annexed East Jerusalem have been another continual source of friction. Washington has long viewed settlement construction as an obstacle to peace. With the Palestinians demanding a settlement freeze before returning to the negotiating table, Israeli-Palestinian talks have been stalled for years.


Mr. Netanyahu blames the Palestinians for the stagnation, saying he is ready for talks without preconditions.


Soon after the General Assembly voted in November to upgrade the status of the Palestinians, the Netanyahu government announced that it would advance plans to settle a particularly contentious area of the West Bank known as E1 in response. Mr. Obama “didn’t even bother getting angry,” Mr. Goldberg wrote. “He told several people that this sort of behavior on Netanyahu’s part is what he has come to expect, and he suggested that he has become inured to what he sees as self-defeating policies of his Israeli counterpart.”


Moshe Yaalon, Israel’s minister of strategic affairs, told Israel Radio on Wednesday that Mr. Netanyahu had led the country responsibly, and that some of his actions found favor with the United States and Europe while others did not. Asked about the timing of Mr. Goldberg’s column, so soon before Israeli elections set for Jan. 22, Mr. Yaalon said that perhaps the journalist had chosen this “sensitive time” to publish it.


Mr. Goldberg, a columnist for Bloomberg and a national correspondent for The Atlantic, dismissed speculation that his column was timed to influence the Israeli election.


“Think of the column as coming out after the E1 announcement rather than before the election,” Mr. Goldberg said by telephone. Arguing that American criticism of Israeli settlement building was nothing new, he added, “My column just reflects the ongoing concerns of the administration.”


Tzipi Livni, a former Israeli foreign minister and leader of a new centrist party that is focused on resuming the peace process, said Israelis should consider the comments attributed to Mr. Obama as a wake-up call.


Barak Ravid, the diplomatic correspondent of the liberal Haaretz newspaper, wrote on Wednesday, “So far, it’s looking like Netanyahu’s term, too, will entail confrontation with the White House.”


Mr. Obama, he added, “doesn’t intend to waste his time on Middle East peace as long as he doesn’t think Netanyahu is a serious partner.”


Mark Landler contributed reporting from Washington.



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RIM says users line up to try new BlackBerry 10 platform






TORONTO (Reuters) – BlackBerry maker Research in Motion is helping customers prepare to switch to its soon-to-be-launched BlackBerry 10 smartphones that it hopes will help it reclaim market share from rivals such as Apple Inc.


RIM is betting that the new range of touch-screen and keyboard devices, set for a January 30 launch, will revive its fortunes.






The company was “very enthused by the engagement and response of our customer base” to a program aimed at persuading them to adopt the BlackBerry 10 devices, Bryan Lee, senior enterprise accounts director, told Reuters on Wednesday.


Indeed, whether it will be successful in clawing back market share will depend on the response from RIM’s top clients, like companies and government agencies, who have long valued the strong security features that BlackBerry devices offer.


Lee said more than 1,600 customers in North America had registered for its recently launched BlackBerry 10 Ready Program and more than a thousand were actively using the program, which offers customers access to services, information and tools to ease their transition to the BlackBerry 10 and the BlackBerry Enterprise Server 10.


RIM also said its BlackBerry Enterprise Server 10, which runs the new devices on corporate networks, was in beta testing with more than 130 major government agencies and corporations in North America.


SHARES RISE


Waterloo, Ontario-based RIM, a one-time pioneer in the now ultra-competitive smartphone industry, has bled market share to Apple’s iPhone and devices powered by Google’s market-leading Android operating system, even among enterprise clients who once used BlackBerry devices exclusively.


Early adoption of the long-awaited BlackBerry 10 devices by government and corporate clients will help breathe new life into the struggling company, whose shares are down 90 percent from an all-time high of more than $ 148 in 2008.


Still, shares of RIM, which fell as low as $ 6.22 in September, have more than doubled in value over the last four months as the BlackBerry 10 launch approaches.


Lee said clients that were beta testing the new BlackBerry Enterprise Server 10 included more than 60 Fortune 500 companies and top North American government agencies.


RIM promises that its new line of devices will be faster and smoother than existing BlackBerry phones and will boast a large catalog of apps, crucial to the success of any new line of smartphones.


Shares of RIM were up 3.8 percent at $ 15.03 in afternoon trading on the Nasdaq on Wednesday, after Visa approved the smartphone company’s method of handling secure mobile payments; the technology will potentially allow users to tap their smartphones on credit card readers and pay for purchases.


RIM’s Toronto-listed shares were up 3.9 percent at C$ 14.83.


(Editing by Janet Guttsman and Bernadette Baum)


Tech News Headlines – Yahoo! News





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Jason Trawick Will Still 'Be Involved' in the Lives of Britney Spears's Sons: Source















01/16/2013 at 05:30 PM EST







Britney Spears and Jason Trawick


Michael Kovac/Getty


Britney Spears and Jason Trawick have ended their relationship, but the pop star's ex is still planning to be a part of her life.

"Jason adores [Britney's] kids; he loves them," a source tells PEOPLE. "He was like their 'other dad,' so he's not just going to walk away from their lives. He'll be involved as much as makes sense."

As for Spears's two boys, Preston, 7, and Jayden, 6, the source says they "are doing great and [their father] Kevin [Federline] is actually a huge help and is a wonderful person in their lives."

Despite reports that the former X Factor judge's desire to have more kids was a reason for the split, the insider says, "Jason is genuinely open to kids of his own."

But the source adds, "There were so many issues in their relationship that Jason really wanted those worked out before they could ever move forward with a wedding or more kids together."

In the end, Spears, 31, and Trawick, 41, do "love each other," says the source. However, "there were some major challenges and hurdles and constant work that needed to be done. ... It just wasn't working and things weren't going to change, so it was time to let go."

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