The most surprising revelation from Research in Motion (NASDAQ:RIMM) today was not that it’s bid for Nortel Networks’ wireless assets was blocked, but that it was interested in those assets in the first place. RIM apparently isn’t content with its sizable share of the high-end wireless handset market anymore. It wants to be a wireless infrastructure vendor. more

Rackspace’s (NYSE: RAX) announcement last week that it would release open application programming interfaces (APIs) for its cloud computing services and open-source API specs in the coming weeks is another example of cloud providers gaining advantage in the market by doing what more established players in the telecom world won’t do. more