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Jim Balsillie

RIM responds to open letter published by BGR

June 30th, 2011

RIM on Thursday released its response to an open letter published exclusively by BGR. The letter, which was written by a senior RIM executive, pleads with the company’s upper management to make some drastic changes if it is to regain the mind share and market share it has lost in recent years. After questioning the …

RIM chiefs no longer billionaires thanks to plummeting RIM stock

June 23rd, 2011

Shares of RIM stock have taken a beating since the company announced devastating first-quarter earnings last Thursday. The Waterloo, Ontario-based BlackBerry maker missed Wall Street’s first-quarter consensus, it lowered its full-year guidance, it announced workforce reductions, it confirmed product delays and investors went running for the door as did a top executive. Since the earnings release last week, …

Balsillie to take over chief marketer role at RIM

May 2nd, 2011

Research In Motion on Monday announced that Co-CEO Jim Balsillie will take over the role of Chief Marketing Officer following the recent departure of CMO Keith Pardy. Balsillie will remain Co-CEO alongside Mike Lazaridis as well, and both chiefs will also be co-chairmen of RIM. RIM’s former marketing chief, Keith Pardy, left the company for …

Balsillie: BlackBerry 6.1 now BlackBerry 7, still not QNX-based

April 29th, 2011

Research In Motion’s co-CEO, Jim Balsillie, confirmed a rumor that has been circulating the Internet over the past several days: BlackBerry 6.1 will come to market as BlackBerry 7. We gave you a quick look at the operating system running on the Bold Touch, Touch and Torch 2, and, as you can see, the cosmetic changes …

RIM Co-CEO dances around BlackBerry PlayBook criticism in interview [video]

April 15th, 2011

While we like where Research In Motion is going with its new BlackBerry Playbook, there’s little question at this point that it is a rushed product. RIM admits as much by constantly talking about future updates that will bring missing functionality to the platform, just as Microsoft has done with its Windows Phone platform. As …

RIM CEO confirms NFC in BlackBerry phones this year

February 16th, 2011

Research In Motion Co-CEO Jim Balsillie on Wednesday confirmed that upcoming new BlackBerry smartphones will contain Near Field Communication chips in 2011. During a keynote shared with Nokia CEO Stephen Elop and NTT DoCoMo CEO Riuji Yamada at Mobile World Congress, Balsillie said “many, if not most” of his company’s smartphones released this year would include NFC …

RIM co-CEOs: Apple's attempt to draw RIM into self-made debacle unacceptable

July 17th, 2010

Yesterday, Nokia released a statement about antenna design in response to being called out by name in Apple’s iPhone 4 antenna press conference. Early this morning, RIM followed suit. In a statement signed by co-CEOs Mike Lazaridis and Jim Balsillie, RIM gave Apple a quick and concise corporate tongue lashing: Apple’s attempt to draw RIM into Apple’s …

RIM co-CEOs to pay $77 million CDN fine for stock backdating

February 6th, 2009

Remember when we told you that the Ontario Securities Commission (OSC) was looking to fine RIM co-CEOs Mike Lazaridis and Jim Balsillie up to $100 million CDN ($81.1 million USD) for their role in stock option backdating that went on from 1996 to 2006? Well, the gauntlet of justice has just smacked the co-CEOs in …