TORONTO (Reuters) – A candid diagnosis of the troubles facing Research In Motion delivered by freshman Chief Executive Thorsten Heins was a welcome change for its stakeholders, but his prescription for returning the BlackBerry maker to health might be hard to swallow. RIM recorded its first quarterly loss in seven years on Thursday and said [...]
On Sunday night, Blackberry-maker Research In Motion announced that co-CEOs Mike Lazaridis and Jim Balsillie would step down from their positions. New CEO Thorsten Heins took the reigns on Monday, after just four years with the company as its COO. According to Reuters, analysts expressed doubts over the decision and the effects it would have on [...]
Sure, Research in Motion’s stock price has plummeted, its market share is dwindling, and its offerings are an afterthought. But that doesn’t mean anything major needs to change. That was the optimistic message from Research in Motion’s newly appointed chief executive Thorsten Heins, who on Monday replaced the beleaguered BlackBerry-maker’s co-executives Jim Basillie and Mike Laziridis [...]
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