RIM and NTP settle!
BlackBerry Cool - RIM and NTP settle!
RIM agreed to pay NTP $612.5 million dollars to settle the patent suit open since late 2001. Due to the fact that RIM has raised over 20% in after hours trading it would appear the market thinks this is a positive move for RIM. No more worries of a BlackBerry shutdown. RIM can now move into release of many interesting rumored products including a consumer focused BlackBerry device.
I still think the US patent and copyright systems are horribly broken but that it another discussion.