rim

Fri
01
Feb
Dennis Faas's picture

RIM Stock Plummets After BlackBerry 10 Unveiling

Canada's Research in Motion (RIM) finally unveiled its BlackBerry 10 mobile operating system (OS) on Wednesday. Unfortunately, the company's stock value plunged in the hours that followed, indicating that investors don't believe the new OS or a ... fresh range of smartphone devices can save the struggling firm. RIM showed off BlackBerry 10 (BB10) in a highly-publicized event on Wednesday, January 30, 2013. The new mobile OS is specially designed with touchscreen devices in mind and reflects RIM's decision to enter market space previously dominated by Apple's iPhone and a wide range of Android- ... (view more)

Tue
29
Jan
Dennis Faas's picture

RIM Returns to Tablet Market with BlackBerry 10

Right now there's a lot of buzz surrounding Research in Motion (RIM), makers of the BlackBerry smartphone. The Canadian company is preparing to release its much-anticipated BlackBerry 10 mobile operating system (OS) on January 30, 2013. But it's not ... just smartphones that will receive BlackBerry 10 -- instead, reports indicate that new tablet computers could also be running the upcoming mobile OS. In a recent press release RIM noted that it plans to release BlackBerry 10 for both smartphones and tablet computers. And while everyone expected the firm would be returning to the smartphone market ... (view more)

Mon
28
Jan
Dennis Faas's picture

Lenovo May Buy BlackBerry Maker

Lenovo, the world's second-largest PC manufacturer, is reportedly considering the acquisition of troubled smartphone company Research in Motion (RIM). Reports suggest that the PC maker could use RIM, which produces the popular BlackBerry device, to ... expand its burgeoning smartphone business. Bloomberg notes that Lenovo is currently "assessing potential acquisition targets" and that those targets may include Waterloo, Canada-based RIM. The latter has been in financial trouble for some time, though its stock has rebounded in recent weeks as the firm prepares to launch its highly-anticipated ... (view more)

Mon
14
Jan
Dennis Faas's picture

RIM's Stock Surges as BlackBerry 10 Nears Release

It appears that one of the technology industry's most troubled companies may soon be staging a comeback. BlackBerry-maker Research in Motion (RIM) has just announced that its newest mobile operating system, BlackBerry 10, will begin to ship to ... consumers by late January, 2013. The news has led to a remarkable spike in RIM's recently languishing stock price. 2012/2013: Years RIM Would Like to Forget The last two years have represented a tough period for Canadian firm Research in Motion, which produces the BlackBerry smartphone. The formerly-innovative firm has struggled to prevent its customers ... (view more)

Thu
20
Sep
Dennis Faas's picture

Microsoft, BlackBerry-Maker Announce New Deal

Microsoft and BlackBerry-maker Research in Motion (RIM) have announced a new licensing deal that will make it easier to transfer large files between RIM devices and PCs. The deal could help the struggling Canadian manufacturer regain some of the ... ground it has lost to rivals. David Kaefer, general manager of Microsoft's intellectual property (IP) licensing division, says the new deal will help RIM produce mobile devices that "display richer images and data than traditional cellular phones." (Source: washingtonpost.com ) Another Day, Another Deal for Microsoft The licensing agreement, announced ... (view more)

Mon
25
Jun
Dennis Faas's picture

Facebook, Amazon May Buy BlackBerry Maker: Report

It has been another tough week for employees at Research in Motion (RIM). The company behind the ground-breaking BlackBerry smartphone has continued its major restructuring campaign with thousands more layoffs. At the same time, new reports are ... suggesting the Waterloo, Canada-based firm could soon split in two, in which case big-time tech firms like Amazon or Facebook might move in to acquire a half. It has been rumored for several months that RIM would make significant layoffs after the failure last year of several key products. The most notable disappointment was the company's PlayBook ... (view more)

Tue
29
May
Dennis Faas's picture

BlackBerry Maker RIM to Lay Off 2,000 More Workers

Things aren't getting any easier for BlackBerry smartphone maker Research in Motion (RIM). With its new products experiencing repeated delays, the Canadian firm continues to struggle to maintain a viable presence in the mobile market. Now, there's ... word the company has decided to lay off 2,000 of its workers worldwide. This is the second time RIM has been forced to execute significant lay offs. Last summer the company cut about the same number of workers, most of whom were based at the company's headquarters in Waterloo, Ontario, Canada. Executive Restructuring Fails to Stop Bleeding RIM's ... (view more)

Mon
07
May
Dennis Faas's picture

BlackBerry Maker's Stock Drops 15% in 3 Days

The share price of Research in Motion (RIM), the Waterloo, Canada-based maker of the once-popular BlackBerry smartphone, continues its free-fall. Shares of the faltering company dipped to an eight-year low late last week. Incredibly, that price took ... a 15 per cent tumble in just three days, following the unveiling of a new BlackBerry device. It has been a wild and entirely unpleasant year for Research in Motion. Early in 2012, the company turned away from high-profile co-chief executives Mike Lazaridis and Jim Balsillie in favor of a new CEO: Thorsten Heins. The shift in leadership evidently ... (view more)

Tue
03
Apr
Dennis Faas's picture

Troubled BlackBerry Maker Makes Surprising Move

Research In Motion (RIM), based in Waterloo, Canada, has decided it will no longer target its Blackberry and related products at ordinary consumers. Instead, it will concentrate solely on the business market. A big reason is no doubt that the ... company lost $125 million in just the last three months of 2011. Thorsten Heins, the company's recently hired chief executive officer, said "We believe that BlackBerry cannot succeed if we tried to be everybody's darling and all things to all people." (Source: usatoday.com ) Apple iPhone Popularity Too Much for RIM, BlackBerry RIM first made its name ... (view more)

Tue
24
Jan
Dennis Faas's picture

BlackBerry CEOs Step Aside; Experts Still Doubtful

In an attempt to calm investors and win back the support of consumers, troubled BlackBerry-maker Research in Motion (RIM) has announced a major management transformation. Co-Chief Executive Officers Mike Lazaridis and Jim Balsillie have officially ... resigned their posts and will be replaced by a single man: Thorsten Heins, who has been with the company since 2007. Speculation about a change of this magnitude has been circulating for months , following an extremely rocky calendar year for the Waterloo, Canada-based manufacturer. Several of the firm's major projects, most notably the PlayBook, ... (view more)

Pages

Subscribe to RSS - rim