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Research In Motion Ltd. (RIM) , trying to pull out of a sales slump, moved a step closer to the debut of a new BlackBerry smartphone by releasing as many as 2,000 prototypes to developers. The touch-screen devices, which have a 4.2-inch display and resemble a scaled-down version of the PlayBook tablet, are being distributed today to developers at RIM’s BlackBerry Jam event in  Orlando ,  Florida . The prototypes lack the physical keyboard that has been a hallmark of most BlackBerrys. What we’re doing is giving them hardware they can build on, so they can feel confident that the work that they do, the behavior they see on their applications, will carry forward onto the launch hardware,” said Christopher Smith, a vice president in charge of handheld application platform and tools at Waterloo, Ontario-based  RIM. (RIMM) The new BlackBerry 10 lineup, due to hit stores this year, is the linchpin of RIM’s strategy to  revive growth . Sales at the company tum...

Groupon Blosters said Daniel Henry, the finance chief of  American Express Co. (AXP) , and Robert Bass, a vice chairman of Deloitte LLP, will become directors, underscoring efforts to shore up investors’ confidence in its accounting. Henry was appointed on April 26 to replace  Starbucks Corp. (SBUX)  Chief Executive Officer Howard Schultz, who is departing. Bass will stand for election at the June 19 shareholder meeting. He will replace Kevin Efrusy, a partner at venture-capital firm  Accel Partners , who won’t stand for re-election. The new directors will serve on the  audit committee , Groupon said yesterday. Enlarge image Groupon's international company headquarters, launched in Chicago in November 2008, now markets products and services in 43 countries around the world. Photographer: Scott Olson/Getty Images   Play Video May 1 (Bloomberg) -- Mellody Hobson, a Groupon Inc. board member, talks about changes on the company's board...

 Further monetary stimulus from the Federal Reserve would boost inflation and do little to improve growth and bring down unemployment, Richmond Fed President Jeffrey Lacker said on Tuesday. Lacker, an inflation hawk, said he was comfortable with his forecast for economic growth to gradually strengthen into 2013 despite a weaker-than-expected 2.2 percent annualized growth rate for the first quarter. In particular he pointed to the strong pick-up in consumer spending as a "heartening" sign. "It suggests (their) confidence in the sustainability of the recovery is growing," Lacker told a panel sponsored by Bloomberg. Lacker, the lone dissenter at three Fed meetings so far this year, has opposed the central bank's indication that it is likely to leave interest rates near zero until at least late 2014. Lacker believes rates will have to rise around the middle of next year in order to keep inflation pressures at bay. In response to the financial cr...

Research In Motion Ltd gave developers a glimpse at its next-generation BlackBerry 10 smartphone on Tuesday and a set of software tools to create flashy apps to run on its new operating system, but investors were unimpressed and RIM's shares tumbled. At RIM's annual BlackBerry World conference in Orlando, new CEO Thorsten Heins took center stage to unveil a prototype of the devices RIM expects to launch later this year. The BlackBerry 10 devices will navigate with fewer keystrokes than the legacy smartphones, relying on swipe gestures and word suggestions. "We wanted a user paradigm that is easy and fast," Heins said, demonstrating how information from documents, emails, calendars, and address books could slide in and out from the screen's edges. "It's all about making things flow." Colin Gillis, an analyst at BGC Partners, said Heins' presentation only served as a reminder of the tough road the company has ahead as it prepares for t...

The United States, European Union, South Korea and  Japan  have submitted a list of about 40 North Korean companies to the U.N. Security Council's sanctions committee for possible blacklisting due to Pyongyang's recent rocket launch, envoys said on Tuesday. The committee, which includes all 15 Security Council members, received an initial response from  China  that it would only consent to adding two entities to the U.N. list of banned North Korean firms, which the United States and its allies see as too few, envoys told Reuters on the condition of anonymity. "The U.S., Europeans, Japan and ROK ( South Korea ) have together produced a list of around 40 entities to be designated by the 1718 Committee," a senior diplomat told Reuters. "The challenge remains as usual squarely on PRC (China)." The United States was continuing to press China to allow more North Korean firms to be sanctioned, envoys said. The  North Korea  sanctions panel is known ...

Research In Motion Ltd is using this year's BlackBerry World to highlight the crucial role that apps developers will play in determining whether its next-generation smartphones have any chance of reversing the company's precipitous decline. At its annual showcase on Tuesday, RIM came a step closer to perhaps the most crucial launch in its history by formally offering developers software tools to create applications for the new BlackBerry 10 platform, due out later this year. It also handed out thousands of prototype devices to developers to test their apps. Put simply, the company knows consumers won't buy its new phones or tablets unless developers get excited about the new platform and create a wealth of flashy apps to operate on it. A dearth of apps for the legacy BlackBerry is one of the big reasons RIM has suffered huge market-share losses to Apple Inc and Google Inc's Android in recent years. To regain its stride, RIM is essentially starting from sc...

The roadshow for Facebook Inc's initial public offering is scheduled to start on Monday, meaning the company's shares should begin trading on May 18, a source familiar with the process said on Tuesday. Founder and CEO Mark Zuckerberg, who has mostly operated in the background during Facebook's closely watched journey to public markets, will be involved in the roadshow, another source said. Facebook declined to comment. Many on Wall Street had not expected Zuckerberg to turn up on the roadshow after he skipped a March analysts' meeting, ceding the stage to COO Sheryl Sandberg and CFO David Ebersman. His March absence irked some investors who were indignant that the CEO, while wielding near-absolute control over the eight-year-old firm, had snubbed Wall Street. IPO roadshows, in which company management presents its strategy to prospective investors, typically last one to two weeks. If the roadshow goes particularly well, shares sometimes start trading a ...