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BlackBerry Abandons Sale Process
Keywords:
Tags: Current Focus, Canada, Telecom,
Blackberry RIM discards a plan to go private. CEO Thorstein is to leave the company and Fairfax Financial Holdings led investor shareholder group will invest $1 billion in the company. Fairfax owns 10% of Blackberry. After the news was announced the RIM Blackberry share price dropped 16% to $6.49. John Chen, former CEO of enterprise software company Sybase is the interim CEO. At its current cash burn rate, even with the $1 billion infusion Blackberry would run out of cash by the end of 2014.
Research In Motion (RIM) Blackberry management
04/10/2011
R.I.M. management's response to questions about the company's strategy and response to the iPhone.
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Research In Motion Blackberry's CEO Thorsten Heins
01/22/2012
RIM's CEO worked at Siemens for 23 years. He was head of its communications business and its technology chief. Heins joined RIM in 2007 as part of the effort to bring fresh thinking into RIM.
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BlackBerry Staggers to a Deeper, $4.4 Billion Loss
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Research in Motion's (RIM) Blackberry and its steady decline 2011-2013
10/14/2009
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Sales of BlackBerry's Q10 Keyboard Phone Fall Flat
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BlackBerry to Slash Workforce by Up to 40%
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For BlackBerry Employees, 'It's Not Low Morale. It's No Morale.'
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BlackBerry Abandons Sale Process
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Waterloo and Kitchener, Ontario- regional economies in Canada
12/10/2011
Waterloo and Kitchener, Ontario, have maintained a low unemployment rate of about 6.2%, even as Blackberry located here has declined. This is one of the top four places worldwide for Google to recruit. The University of Waterloo, Ontario, has one of the top engineering schools in N. America.
Grouped Articles
The Next First (and Only) 100 Days
New York Times 12/10/2011
BlackBerry Abandons Sale Process
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With Phones Lagging, BlackBerry Reports $28 Million Loss
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Economist 08/29/2015
A Canadian Campus Focused on Tech and Enterprise
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Canada’s Trump Strategy: Go Around Him
The New York Times 06/22/2017
Blackberry and the University of Waterloo, Canada
02/03/2013
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A Canadian Campus Focused on Tech and Enterprise
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Research in Motion (RIM) Blackberry performance in 2013-2016
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RIM to Roll Out Emerging Market-Focused BlackBerry
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BlackBerry Z10 Prices Drop to $49 Amid Weak Sales
Wall Street Journal 07/13/2013
Sales of BlackBerry's Q10 Keyboard Phone Fall Flat
Wall Street Journal 08/29/2013
BlackBerry to Slash Workforce by Up to 40%
Wall Street Journal 09/19/2013
BlackBerry Stuck With $1 Billion in Unsold Phones
Wall Street Journal 09/21/2013
For BlackBerry Employees, 'It's Not Low Morale. It's No Morale.'
Wall Street Journal 09/23/2013
Research in Motion (RIM) Blackberry strategy
04/10/2011
R.I.M.'s strategy as it faces competition from Apple's iPhone and Google's Android.
Grouped Articles
BlackBerry Maker RIM Posts $518 Million Loss
New York Times 06/28/2012
RIM to Roll Out Emerging Market-Focused BlackBerry
Wall Street Journal 05/15/2013
BlackBerry Z10 Prices Drop to $49 Amid Weak Sales
Wall Street Journal 07/13/2013
Sales of BlackBerry's Q10 Keyboard Phone Fall Flat
Wall Street Journal 08/29/2013
BlackBerry to Slash Workforce by Up to 40%
Wall Street Journal 09/19/2013
BlackBerry Stuck With $1 Billion in Unsold Phones
Wall Street Journal 09/21/2013
The Options facing Research In Motion Blackberry in 2012-2013, including sale of the company
03/31/2012
Grouped Articles
BlackBerry Maker RIM Posts $518 Million Loss
New York Times 06/28/2012
BlackBerry Z10 Prices Drop to $49 Amid Weak Sales
Wall Street Journal 07/13/2013
BlackBerry Abandons Sale Process
Wall Street Journal 11/05/2013
BlackBerry Debt Deal Seen Designed to Avoid Vote
Wall Street Journal 11/05/2013
BlackBerry's 'Bold' Strategy: an Old Phone
Wall Street Journal 03/29/2014
Wall Street Journal 03/31/2012
Action Apple and Samsung have taken on the iPhone and Galaxy smartphones to compete for corporate and business customers
06/23/2010
Apple's iPhone's impact in the corporate and business user market and how this is likely to affect RIM Blackberry. Samsung's efforts in this market segment. The risks for Blackberry RIM in its core market.
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Samsung Plans 'Rugged' Version of Galaxy S 4 Phone
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Apple's Smartphone Market Share Falls
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Samsung Could Soon Surpass Apple in Handset Profit
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Samsung's Dream Is to Be No Android Sheep
Wall Street Journal 06/17/2013
BlackBerry to Slash Workforce by Up to 40%
Wall Street Journal 09/19/2013
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