BlackBerry shares higher after Morgan Stanley upgrade



TORONTO (Reuters) - Shares of BlackBerry rose more than 7 percent on Wednesday after Morgan Stanley upgraded the stock and doubled its price target for shares of the smartphone maker, as it sees the company's new BlackBerry 10 devices boosting margins.

The brokerage firm did a double upgrade on BlackBerry's stock, bumping it to "over weight" from "under weight," saying that it now believes the firm's handset unit can support itself moving forward and will no longer have to rely on its services arm to support it.

Morgan Stanley analyst Ehud Gelblum, who raised his price target on the company to $22 from $10, said he still believes that BlackBerry will remain a niche player, mostly selling to its existing base of Blackberry users.

"However, in contrast to our prior thinking, we now believe there may be room in the handset market for niche midrange players." said Gelblum in a note to clients.

Blackberry shares were up 7.8 percent at $16.20 in afternoon trading on Nasdaq, while it's Toronto-listed shares rose by a similar margin to C$16.62.

BlackBerry is expected to report its fiscal fourth-quarter results on March 28, giving investors a glimpse of the kind of traction its new Z10 touchscreen device is generating.

The device is currently on sale in over 20 countries, but is only set to begin launching with major U.S. carriers at the end of this week.

(Reporting by Euan Rocha; Editing by Bob Burgdorfer)

Software co. Intertrust accuses Apple of infringing patents



(Reuters) - Intertrust Technologies Corp, a software firm owned by a group that includes Sony Corp and Royal Philips Electronics, said on Wednesday it has sued Apple Inc for infringing 15 patents relating to security.

The lawsuit covers devices such as the iPhone and iPad, Mac computers and laptops, Apple TV and services including iTunes, iCloud and the Apple App Store, Intertrust said in a statement that gave no dollar figure associated with the lawsuit.

Silicon Valley-based Intertrust develops and licenses digital rights management (DRM) software, which is used to protect and manage content rights for companies that distribute music, movies and other digital content.

The company listed major tech companies, from Microsoft Corp and Samsung Electronics to Nokia and HTC among its licensees. On its website, it said it became a joint venture owned by Sony, Philips and Stephens Inc in 2003.

"Apple makes many great products that use Intertrust`s inventions," Talal Shamoon, Intertrust`s chief executive officer, said in the statement. "We find it regrettable that we are forced to seek Court assistance to resolve this matter."

Apple declined to comment.

(Reporting by Sruthi Ramakrishnan in Bangalore and Poornima Gupta in San Francisco; Editing by Saumyadeb Chakrabarty and Dan Grebler)

Lindsay Lohan avoids jail in plea deal, gets 90 days in rehab



By Eric Kelsey

LOS ANGELES (Reuters) - Actress Lindsay Lohan avoided jail on Monday but was ordered to spend three months in a locked rehabilitation facility and undertake 30 days of community labor in a plea bargain over charges arising from a June car crash.

Los Angeles Superior Court Judge James Dabney said Lohan, whose once promising Hollywood career has been wrecked by legal woes and erratic behavior, must also undergo psychotherapy for 18 months and sentenced her to two years' probation.

The plea deal was struck on the first day of a scheduled trial when the 26-year-old "Mean Girls" actress agreed to plead no contest to charges that she lied to police when she said she was not behind the wheel after her Porsche sports car smashed into a truck on June 8, 2012, in Santa Monica, California.

Lohan, who is still on probation for a 2011 conviction for stealing a necklace, had faced the prospect of being sent to jail if she was convicted on the latest charges, or if she was deemed to have violated the terms of her 2011 probation.

Under Monday's plea bargain, however, she was given a suspended 180 day jail term that will not be invoked unless she violates the terms of the agreement with prosecutors. It was announced after prosecutors and Lohan's attorney met with Dabney in chambers for more than two hours before the trial opened.

Dabney told Lohan, who spends much of her time in New York City, to stay out of cars and out of trouble.

"A suggestion: Don't drive. You're in New York, you don't need a car. ... This is it. If you violate your probation we're not going to be having these discussions," Dabney said after reading out the plea agreement.

LOHAN ATTORNEY HAPPY WITH DEAL

Lohan left court without speaking to reporters, but her attorney, Mark Heller, told reporters he was happy with the deal.

"I'm very, very satisfied with the results today ... I think that the prosecutors treated her fairly. I'm very confident that you won't be seeing Lindsay Lohan in any criminal courts any time in the future," Heller said.

"Today marks the first day of the rest of her life and her comeback is before her," he said.

Lohan's father, Michael, heckled Heller during his news conference and accused him of lying to the actress and keeping her in the dark about the plea agreement.

The actress has been jailed or placed under house arrest for short periods numerous times since 2007, including three times in 2011. She has also spent at least five periods in rehab in the last six years.

She underwent court-ordered psychological counseling in 2012, and has claimed in numerous TV and magazine interviews that she is a changed woman and understands her past mistakes.

Lohan arrived 45 minutes late for her trial on Monday after taking an overnight flight to Los Angeles from New York and dashing through rush-hour traffic to the courthouse.

She had previously pleaded not guilty to reckless driving, obstructing police, and lying to police about who was driving the car in Santa Monica in June 2012.

Lohan made her name as a cute, freckled 11-year-old in Disney's 1998 movie "The Parent Trap" and went on to find commercial and critical success in films like "Freaky Friday" and "Bobby."

But she has not made a feature film since the independent thriller "Machete" in 2010. Her last effort - a comeback performance as late actress Elizabeth Taylor in the TV movie "Liz & Dick" in November - was largely panned by critics.

(Reporting By Eric Kelsey, Editing by Jill Serjeant, Mohammad Zargham and Paul Simao)

Sandberg book scores big sales for its first week



NEW YORK (AP) Sheryl Sandberg has the ear, and the eyes, of the country's book buyers.

Sandberg's "Lean In" sold 140,000 copies its first week of publication, has gone back to press seven times for additional printings and now has 400,000 copies in print, publisher Alfred A. Knopf announced Wednesday.

It has been at No. 1 on Amazon.com's best seller list since coming out March 11 and will be No. 1 on the hard cover and e-book nonfiction lists appearing in the March 31 edition of the New York Times. It also has placed high on lists for Barnes & Noble and independent sellers, topping the nonfiction list for IndieBound, a list for independent stores.

Facebook's chief operating officer is hoping to create a national movement to help women advance in the workforce and her book became the focus of intense debate well before publication.

"'Lean In' is resonating with readers and animating conversations across the country," said Knopf's head of publicity, Paul Bogaards, who noted that sales have been strong despite just a brief promotional tour by Sandberg.

She also appears to be helping sales of other books. Since her recent praise of "Now, Discover Your Strength," by Marcus Buckingham and Donald O. Clifton, the hardcover edition of the 12-year-old book has moved into the top 300 on Amazon. Fred Kofman's "Conscious Business," which she has cited as essential for executives, also jumped into the top 300 on Amazon and currently is out of stock. The book first came out in 2006.

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Garth Brooks, George Strait to team up at ACMs



NASHVILLE, Tenn. (AP) Garth Brooks and George Strait will perform together for the first time at next month's Academy of Country Music Awards to honor Dick Clark.

The performance by the two most recent winners of the ACM's artist of the decade award is symbolic. That award will be renamed for Clark, the entertainment icon and longtime producer of the ACM Awards who passed away last year.

The pairing of two of country music's most beloved and best-selling stars will draw plenty of attention to the 48th annual awards, which air live on CBS on April 7 from Las Vegas. Blake Shelton and Luke Bryan host the show.

Clark began producing the show in 1979 and his family's company, dick clark productions, still handles those duties.

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Online:

http://acmcountry.com

David Bowie exhibition breaks box office records



By Mike Collett-White

LONDON (Reuters) - Ziggy played guitar. But as a new exhibition devoted to singer David Bowie's long and innovative career makes clear, he also wrote lyrics, checked every detail of his outlandish costumes, appeared in movies and helped design his own stage sets.

"David Bowie is", which runs from March 23 to August 11, has broken box office records at London's Victoria & Albert Museum, with 50,000 advance tickets sold.

Organizers at a press preview on Wednesday were at pains to point out that more tickets were available and the demand underlines 66-year-old Bowie's lasting impact on music, fashion, video and beyond.

It also coincides with the release just over a week ago of Bowie's new album "The Next Day", his first new material for a decade. The record hit number one in the British album charts at the weekend, marking his return to the top after 20 years.

"His radical innovations across music, theatre, fashion and style still resound today in design and visual culture and he continues to inspire artists and designers throughout the world," said Martin Roth, director of the V&A.

Drawing heavily on the David Bowie Archive, the show features more than 300 objects, with pride of place going to Bowie's stage costumes which allowed him to adopt alternative personas and create an aura of mystery and invention.

Among the recognizable outfits are a striped bodysuit by Japanese designer Kansai Yamamoto for the Aladdin Sane tour in 1973 and the Pierrot costume by Natasha Korniloff which featured in the groundbreaking music video for "Ashes to Ashes".

"SEISMIC SHIFT"

Among the costumes on display from Bowie's "Ziggy Stardust" phase is the blue, gold and red padded jumpsuit by Freddie Burretti that marked a turning point in Bowie's career.

He wore the suit for a performance of "Starman" on Britain's TV chart show "Top of the Pops" on July 6, 1972 complete with flame-orange hair, make-up and red patent boots, representing what organizers called a "seismic shift" in pop culture.

People were intrigued and appalled in equal measure at the sight of the otherwordly androgynous being, a bold new creation which has inspired performers ever since.

True to Bowie's multi-media experimentation, the show includes footage from famous concerts shown on giant screens as well as a mime show enacted by Bowie in 1969 which anticipates the downside of becoming famous.

His attention to detail can be seen throughout.

On a design sketch for an outfit to be worn on the U.S. "Saturday Night Live" show Bowie wrote: "may be I'm wrong about color? What do you think."

He also appeared not to take himself too seriously, describing a short bodysuit, designed by Yamamoto, as his "impossibly silly 'bunny' costume".

He soaked up culture and history wherever he went, including his stay in Berlin in the late 1970s where he absorbed Brecht, cabaret and Expressionist art and produced three acclaimed albums - "Low", "Heroes" and "Lodger".

He recorded a Mandarin version of his 1997 song "Seven Years in Tibet", reflecting his interest in the region and its Buddhist religion.

The track prompted one Chinese fan to write, in a note on display at the exhibition: "I think I am flying in the sky when I listen to your mandarin song, you know!"

The displays are accompanied by an impressive soundtrack that includes hits like "Space Oddity", "Changes" and "Under Pressure", which he released with Queen in 1981.

In fact, all that is missing from "David Bowie is" is the man himself. If he were to visit, it would most likely be incognito, as Bowie has shunned the limelight altogether for much of the last decade.

"We're really hoping David does appear at some point," said co-curator Geoffrey Marsh.

(Reporting by Mike Collett-White, Editing by Belinda Goldsmith)

TSX opens higher; Fed hopes, RIM jump drive gains



TORONTO (Reuters) - Canada's main stock index opened higher on Wednesday, led by energy and financials, as fears of a Cyprus default were overshadowed by expectations that the U.S. Federal Reserve will sustain its bond-buying stimulus plan and by a jump in BlackBerry shares.

The Toronto Stock Exchange's S&P/TSX composite index was up 47.82 points, or 0.37 percent, at 12,821.69 shortly after the open.

(Reporting by John Tilak; Editing by James Dalgleish)

A Minute With: Selena Gomez about growing up with "Spring Breakers"



By Zorianna Kit

LOS ANGELES (Reuters) - Actress and singer Selena Gomez breaks out of her squeaky clean Disney Channel image to star in the independent film "Spring Breakers" for filmmaker Harmony Korine.

In the film, which opens in wide release Friday, Gomez stars as a young girl who is part of a quartet of college students whose spring break in Florida takes them from parties to jail and a criminal underworld.

Gomez is best known as pop star Justin Bieber's ex-girlfriend and the star of Disney's "The Wizards of Waverly Place," which ended its four season run last year. She recently returned to the channel for a reunion film, "The Wizards Return: Alex vs. Alex."

Gomez, 20, spoke to Reuters about her career, growing up and transitioning into more adult roles.

Q: Harmony Korine has a reputation for shocking his audience with movies like "Kids," "Gummo" and "Trash Humpers." Weren't you nervous about doing this film?

A: I was more excited and enticed. When I auditioned for Harmony, we talked about how he wanted to leave my lifestyle behind and have me go on this adventure with him. I knew it was going to be crazy, but I was comfortable with it.

Q: What do you mean by lifestyle? The squeaky clean Disney lifestyle which was totally flipped upside down in this movie?

A: It was more that Harmony wanted an innocence because he thought it would be creepier. I agree with him.

Q: You spend most of the film in a skimpy bikini. Did you feel self conscious?

A: When we did the spring break scenes, we were surrounded by hundreds of spring breakers in bikinis who wore even less, so that was okay. I was more uncomfortable in the scenes where I was (in a bikini) getting arrested, in jail and in the pool hall with strangers. It added vulnerability and helped me feel grossed out, which was what my character is supposed to feel.

Q: For someone who started her career on the pre-school show "Barney & Friends" and spent her teen years on the Disney Channel, this must have been unlike any other acting job.

A: It was completely liberating. (Up until this film), everything I've been a part of definitely has been a bit more processed, like how many pieces of jewelry I have on, what my hair looks like. With Harmony, I never wore makeup and he never cared about my hair.

Q: After an experience like that, you must come out the other side feeling like you've grown and changed somewhat.

A: I think that's a really good way of putting it because I feel like I did grow up shooting this. This was the first movie I shot by myself without my mom coming. It was the first time I got to improvise as much as I have.

And to work with someone like James Franco, it was the first time I was around someone of that acting caliber. Harmony believed in me and pushed me to be a better actor, so there's a special place in my heart for Harmony for sure.

Q: You've got a couple of other films in the can - the action film "The Getaway," a cameo in the horror film, "Aftershock." Now that your film career is taking off, why did you go back to Disney for a reunion with your "Wizards" cast?

A: I missed them. I missed the channel, I missed everybody on the show. It was a big part of my life that I'm thankful for. That's where I started so I wanted to go back.

Q: Your younger fans can't see "Spring Breakers." Was this TV movie your way of giving them something new as well?

A: It always made me happy that we got to bring families together every night. I love having that connection with the younger audience and I missed that feeling.

Q: How do you chart a film career from this point on?

A: I'm actually taking a complete turn now and going in to music. My album comes out this summer and I'll be touring. I always structure my music and tours in a way that is geared for my fans and supporters that have been there from the beginning. My music is definitely the kind I would want them to hear.

Q: How do you balance between moving forward into more adult roles while bearing in mind that you are role model to many young girls?

A: It's a very awkward transition to make. I want to challenge myself and (my choices) may not be appropriate for a young audience. I'm choosing movies that I feel are artistically fun and creative. I hope people are appreciative of the work I do. I feel like I'm doing the best I can and hopefully it works out.

(Reporting by Zorianna Kit; Editing by Patricia Reaney and Vicki Allen)

English edition of book by Pope Francis out in May



NEW YORK (AP) An English-language edition of a 2010 book co-authored by Jorge Mario Bergoglio, now Pope Francis, will be published in May.

Image Books, a "Catholic-interest" imprint of Random House Inc., announced Tuesday that "On Heaven and Earth: Pope Francis on Faith, Family and the Church in the 21st Century" will come out May 7. The book was co-written by Rabbi Abraham Skorka, Rector of the Latin American Rabbinical Seminary in Buenos Aires, Argentina.

According to Image Books, "On Heaven and Earth" includes discussions between the two religious leaders on everything from atheism and euthanasia to abortion and globalization. A Spanish-language edition was released in Latin America and Spain in 2010 by Random House Mondadori. Vintage Espanol, also a Random House imprint, will publish the Spanish edition in North America.

Museum cancels heavy metal gig, fearing noise damage



LONDON (Reuters) - The Victoria and Albert Museum (V&A) has cancelled an experimental concert by extreme metal band Napalm Death, fearing the noise level could damage the 104-year-old building.

Ceramic artist Keith Harrison from the V&A, the world's largest museum of decorative arts and design, collaborated with Napalm Death on a set to be played through a sculptural sound system which would disintegrate under decibel stress.

But museum officials said the one-off performance, scheduled for Friday in the V&A's Europe Galleries, had been cancelled out of concern it was not only the intended sculpture that would be damaged.

"A further safety inspection has revealed concerns that the high level of decibels generated by the concert would damage the historic fabric of the building," a museum statement said.

"The V&A is committed to an exciting programme of exhibitions and events but the safety of our visitors and building remains our priority at all times."

Napalm Death, a self-described "grindcore" band which has released 14 albums since forming in Birmingham in central England 30 years ago, said the project aimed to merge extreme metal and art.

The band, whose last album included songs like "Leper Colony" and "A Gag Reflex", is listed by Nielsen SoundScan as the seventh best-selling death metal band in the United States.

(Reporting by Belinda Goldsmith; Editing by Mark Heinrich)