RIM posts larger-than-expected loss, shares plunge




Technology Top Stories from Associated Press (AP) show

Summary: TORONTO (AP) , Shares of BlackBerry maker Research In Motion plunged nearly 30 percent Friday after the company posted a loss and warned of future losses despite releasing its make-or-break new smartphones this year. RIM also announced that it will stop developing new versions of its slow-selling tablet computer called the Playbook.