RIM Delays New Blackberry

In another blow to Research in Motion, the company that makes the BlackBerry, its latest launch is being delayed until 2013. Research on the BlackBerry 10, its next generation of devices, turned out to be more time-consuming than the company had anticipated. RIM’s stock price tumbled 14 percent after the news was announced. This follows on the heels of a quarterly operating loss and steep job cuts.