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RIM's PlayBook Recall; Nokia Kills Ovi

NEW YORK ( TheStreet) -- Research In Motion (RIMM) shares fell 0.4% to $43.05 in pre-market trading Monday after the BlackBerry maker recalled more than 1,000 PlayBook tablets over the weekend. Some users of the impacted tablets were having trouble setting up the device, the company said.

Nokia (NOK - Get Report) shares dipped 1.4% in pre-market trading Monday after announcing it will abandon its Ovi brand for new smartphones starting this summer. The Ovi brand, launched in 2007, will now be called Nokia services.

The next version of Microsoft's (MSFT - Get Report) Windows Phone 7 will have Facebook chat and AOL (AOL) instant messenger integration, according to Win Rumors blog. The new update will be known as Windows Phone 7.5.

Shares of Microsoft rose 0.04% in pre-market trading Monday to $25.04.

Amazon (AMZN - Get Report) is rumored to be working on a host of new Android devices due out this holiday season, which will expand its hardware lineup outside of the Kindle. Shares of Amazon dropped 1% in pre-market trading Monday.

Lady Gaga has become the first Twitter user to reach the 10 million follower milestone, according to All Twitter blog. Gaga celebrated by tweeting, "10MillionMonsters! I'm speechless, we did it! Its an illness how I love you. Leaving London smiling."

--Written by Olivia Oran in New York.



>To follow the writer on Twitter, go to http://twitter.com/Ozoran.

>To submit a news tip, send an email to: tips@thestreet.com.

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