Current Issue
This Month's Print Issue

Follow Fast Company

We’ll come to you.

RIM Hires Law Firm To Help Chart Restructuring Plan

Research In Motion has hired legal firm Milbank, Tweed, Hadley & McCloy to help with the company's restructuring and cost-cutting plans, Reuters has learned. RIM may be discussing plans to partner with carriers and earn about $4 billion from those deals. RIM's facing an important quarter following the resignation of long-time leader and co-founder Jim Balisillie. Early this month, a sign that RIM acknowledged the power of its competition, the company announced it was updating its BlackBerry Enterprise Servers (that power the mail system on BlackBerries) to be iOS compatible.  

To read news items as they develop watch for more Fast Feed stories during the day, by clicking here.