Tag Archives: Jim Balsillie
Former RIM CEOs Paid Millions and Millions for Ruining Company [Greed]
Mike Lazaridis and Jim Balsillie, the co-CEO bro team who oversaw the implosion of RIM and the complete descent into irrelevance of the BlackBerry, aren't shedding any tears right now. Why? Despite care...
Former RIM CEOs Paid Millions and Millions for Ruining Company [Greed]
Mike Lazaridis and Jim Balsillie, the co-CEO bro team who oversaw the implosion of RIM and the complete descent into irrelevance of the BlackBerry, aren't shedding any tears right now. Why? Despite care...
Veto of radical strategy shift led to former RIM CEO’s resignation
Former Research In Motion co-chief executive Jim Balsillie sought a radical shift in strategy before he stepped down, Reuters reported on Friday. Citing two unnamed sources, the publication claims Balsillie wanted to allow wireless companies in North America and Europe to use RIM’s proprietary network for services on non-BlackBerry devices. The plan would help carriers entice customers to upgrade from feature phones to smartphones and allow them to offer inexpensive data plans that were limited to social media and instant messaging via the company’s BlackBerry Messenger service. Despite RIM’s network bringing in nearly $1 billion each quarter, the plan was vetoed, leading to Balsillie’s resignation soon after he stepped down as co-CEO. The Blackberry-maker will instead focus more on its next-generation
RIM Co-Founder Jim Balsillie Steps Down From Board Ahead Of Grim Earnings [Rim]
In advance of today's earnings call, RIM announced that co-founder Jim Balsillie has left the board of the company he built. More »
Research without Motion: Old guys replaced by new old guy
Research In Motion hasn’t just had a difficult time innovating since the iPhone was first introduced, the company has had trouble innovating ever since its product started to morph into something more than a simple email messaging device. RIM has always been behind the curve with regard to technology in some ways. It was still making devices with black and white displays when other manufacturers were launching devices with vibrant full-color screens. RIM was one of the last manufacturers to launch an EDGE device and it was also one of the last manufacturers to include a camera in its devices. The vendor consistently offered devices without GPS or Wi-Fi, and without a functional web browser. The problem with Research In Motion
RIM’s Thorsten Heins formally introduced: liveblogging the media call
If you missed it, RIM attempted to interrupt the Giants vs. 49ers matchup last night by dropping a wee bit of news: it's co-CEOs are gone, and taking the solo CEO badge is former COO Thorsten Heins. The new head honcho will be formally introduced in a...
Editorial: RIM’s new CEO isn’t the shakeup it needed
For a brief moment, I had hopes that RIM had made a move that would unseat it from the funk it's been sitting in for years. And then I watched the introductory video of newly-appointed CEO Thorsten Heins. Anyone who assumes that a simple CEO swap is t...
RIM co-CEOs co-resign, co-COO Thorsten Heins takes over
I think the Globe and Mail was the first to report that RIM’s beleaguered CEOs Jim Balsillie and Mike Lazaridis are out – moved upstairs to the boardroom. The strangest thing about the story, and really the past few years, is the total denial by the leadership that Blackberry is in a death spiral. Research In [...]
BlackBerry Burst: RIM’s Co-CEOs Mike Lazaridis and Jim Balsillie Step Down [BlackBerry]
RIM's co-CEOs, Mike Lazaridis and Jim Balsillie—aka the keyboard-loving odd couple—are finally realizing they're running BlackBerry into the ground and jumping ship before it's too late. Tha...
