The former Co Ceo Jim Balsillie has liquidated all of his stock holdings of his former company. For those interested you can find the SEC filing here. Mr. Balsillie was a valuable asset to the company formerly known as Research In Motion and helped the company grow great ties with carriers that now play a pivotal role in the success of BlackBerry 10. Problem was the former Co Ceo always spoke b... »
For this edition of WTFact, we’d like to tell you how the very first BlackBerry had the codename ‘Leapfrog’. Codenames are interesting to examine as they sometimes give clues as to what the product might be. For instance, you could follow the trail of the Torch 9800 as all of its codenames started with the letter ‘T’ (i.e. Mr T, Talladega, etc.). Nonetheless, a staple... »
Research In Motion is at it again with what could be another revolutionary feature in smartphones. RIM has pushed a new patent application to the USPTO titled, “Thermographic Augmented Reality Display in an Electronic Device.” The patent describes the application as an electronic device with which you’re able to configure a future smartphone’s camera to capture thermal images from persons, p... »
Mike Lazaridis and Jim Balsillie, the co-founders of Research In Motion creator of BlackBerry, will be receiving $12 million for stepping aside as c0-chief executive officers, according to a company document filed on Thursday. The document noted Mr. Lazaridis and Mr. Balsillie “revolutionized the worldwide wireless industry with the introduction of the BlackBerry and forever changed how the world ... »
Before Thorsten Heins took the reigns from Mike Lazaridis and Jim Balsillie, the two RIM co-CEOs apparently discussed with private equity firm Silver Lake Partners last year about going private. However, talks of the matter ended when they couldn’t agree on RIM’s valuation. According to Bloomberg, there were only “preliminary discussions” but due to the “disagreement ... »
Just a few weeks ago we told you about ex co-CEO, Jim Balsillie, resigning from RIM’s board of directors, but just today we found out what made him take this decision. News has come out that Balsillie was seeking to make a radical shift in strategy for BlackBerry. His idea was to allow European and North American carriers to use RIM’s network for non-BlackBerry smartphones with the int... »
Ever since Mike Lazaridis and Jim Balsillie stepped down as co-CEO’s, giving Thorsten Heins the CEO spot, many changes have been made. We’ve seen how many high level executives had to leave, but it is no secret that there’s still a lot to do. In order for RIM to make the changes they need to get back on track, they must let some people go, start fresh with new ideas and new peopl... »
Research In Motion’s former Co-CEO, Jim Balsillie, has resigned as a Director on the Company’s Board. “As I complete my retirement from RIM, I’m grateful for this remarkable experience and for the opportunity to have worked with outstanding professionals who helped turn a Canadian idea into a global success,” said Jim Balsillie. David Yach will also be retiring from his role as CTO, Software... »
Jim Balsillie, who was recently Research In Motion’s co-CEO and co-Chairman, is back in the news for his once side-project current company. Igloo inc., to which Balsillie holds the chairman role, is again catching the eye of Canadian venture capitalists. Igloo, which is a corporate social networking startup, received $5 million in additional funding from the provincial government’s Ontario E... »
Research In Motion has just announced that the co-CEOs, Mike Lazaridis and Jim Balsillie, have stepped down. The COO, Thorsten Heins, has now been elevated to CEO and President. Is this a good or bad thing? In our latest N4BB Audio Show, we discussed how we hold Mike Lazaridis on a pedestal for revolutionizing the cellular market. Now, Mike will be an advisor. Will having the top dogs out of the c... »
With pressure from a group of RIM shareholders, RIM is allegedly devising a corporate shake up. This could have co-CEOs, Mike Lazaridis and Jim Balsillie, relinquish their titles as co-chairmen of the board. Sources say Barbara Stymiest, who joined RIM’s board in 2007, is believed to be the leading candidate for the chairman role. Ms. Stymiest, is apart of a committee of seven independent director... »
The Canadian Press has conducted their annual survey of editors and broadcasters to determine Canada’s top business news story of the year for 2011. This past year, Research In Motion was ranked the top business story in Canada by a staggering amount. Check out the full list below: Research In Motion: 37% The Canadian economy: 24% Keystone XL: 13% Personal debt levels: 9% Toronto stock marke... »
In an interview with Financial Post, Research In Motion’s co-CEO Jim Balsillie, touched on a few things for RIM’s future. Jim was quoted as saying: [quote]We’ve leapfrogged everyone with what we’re announcing [on Tuesday] and you’re going to see it on display…We built an engine back in the mid-90s that served us incredibly well for 15 years, and in the past couple of years, we’ve... »
Previously, NEI Investments announced it was partaking in a class action lawsuit with RIM shareholders to split the co-CEOs. Now, they have decided on a different path with leaving Mike Lazaridis and Jim Balsillie in their place, but setting up a review comittee. Full details in the press release below: WATERLOO, ONTARIO–(Marketwire – June 30, 2011) - Research In Motion Limited (“... »
Earlier today at the Web 2.0 Summit, Research In Motion’s co-CEO Jim Balsillie sat down to discuss the future of BlackBerry devices. During his interview he gave a few small details about the PlayBook that we previously did not know. »
