Tech Business Roundup: Microsoft Beats Up Motorola Mobility, Pandora Rockets

Sony (NYSE:SNE) intends to divest all of its investment in Sharp Display Products Corporation, which will effectively dissolve its LCD joint venture with Sharp (SHCAY.PK). In return, Sony will be payed ¥10 billion ($125.8 million), which means that it gets its money back, but not more.

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Motorola Mobility (NASDAQ:GOOG) loses an infringement suit in Germany regarding its Android devices, to Microsoft (NASDAQ:MSFT). The patent is related to a process of breaking up and reassembling a text message, and Motorola is hereby disallowed in the production. This decision follows a ban by the ITC, in which importation into the United States, of Motorola devices infringing another Microsoft patent was prohibited and that indicated that the Xbox 360 should face an import ban for violating Motorola patents, pending a final ruling.

Shares of Pandora (NYSE:P) take off, following its fiscal first quarter beat, which was driven by gains in shares, and monetization improvement, plus an encouraging fiscal year 2013 guidance. Positive notes from three analysts are not exacting hurting anything: Maxim Group says Buy, as it remarks that the figures show that the company’s sales investments are working; Needham (also Buy) views the results as evidence that Internet radio is a “winner-take-most” market; and Rocco Pendola at SA likes Pandora’s earnings call commentary, which he believes is additional proof of Pandora’s disruptive impact on the radio industry.

Market shares of Research In Motion’s (NASDAQ:RIMM) smartphone and the BlackBerry Messenger (BBM) are going down in tandem, even though the latter’s messaging and contact-list features are praised by many. In a matter of disagreement between RIM’s former co-CEO Jim Balsillie, and the new chief Thorsten Heins, the former is said to have advocated the licensing of the BBM and the access to the company’s network, but the latter put the kabosh on that, as he believes that “RIM shouldn’t pursue licensing deals in general”.

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