It's been a few weeks since Jim Balsillie resigned from his position on the board at Research In Motion. Until now however, it was unclear as to just what ultimately led to the decision. Reuters is reporting that Balsillie "sought to reinvent the BlackBerry smartphone maker with a radical shift in strategy" before he ultimately stepped down. Apparently Balsillie had come up with a plan to allow North American and European carriers to use the RIM network for non-BlackBerry devices. The carriers would in turn be able to offer limited messaging plans and inexpensive data plans to customers. There was disagreement over Balsillie's plan on many levels, however, and he ultimately stepped down from the board.
The plan, which would have been beneficial for carriers, consumers and RIM alike, would have allowed consumers to purchase lower cost, entry-level smartphone plans that included social media, messaging and most importantly -- BBM. The service would allow other devices to run on RIM servers which are located across the globe, breaking RIM's BlackBerry-only history.
RIM currently offers low-cost BlackBerry plans in emerging markets that provide basic messaging and social media. While they had developed software in which to provide these services to both Android and iOS users, the plan was rejected by new RIM CEO Thorsten Heins in favor of BlackBerry 10 devices. While he was originally against the idea of selling or licensing their software at all, after the March earnings call, Thorsten Heins has recently stated RIM may now be looking for partnerships or licensing.
Source: Reuters
Read more
Balsillie and Lazaridis to receive nearly $12 million in parting gifts
It's been been nearly 5 months since Mike Lazaridis and Jim Balsille stepped down as co-CEO's of Research In Motion, and a document filed Thursday by RIM has detailed their compenstation. Lazaridis, who will be staying on as vice-chair of the board and keeping his own dedicated office, will receive around $3.9 million in compensation. Balsillie, who originally stayed on the board of...
As RIM announces Q4 2012 earnings, Jim Balsillie resigns from company's board
As RIM rolls out Q4 2012 financial earnings, they've also gone ahead an announced some recent changes within the organization and ultimately their Board of Directors: "As I complete my retirement from RIM, I'm grateful for this remarkable experience and for the opportunity to have worked with outstanding professionals who helped turn a Canadian idea into a global success," said Jim...
Jim Balsillie and Mike Lazaridis not the worst Tech CEO's of 2011, but what do you think?
Should Jim Balsillie and Mike Lazaridis be replaced? RIM has no doubt had a rough year but it wasn't rough enough the 200 people polled to vote them as the worst tech CEO's of 2011. That dubious glory has been handed to Netflix CEO Reed Hastings after single handedly increasing subscription prices and irritating customers further by starting an initiative to split up Netflix'...
Breaking: RIM Co-CEO Jim Balsillie responds to Steve Jobs comments made during Apple earnings call!
left: Apple iPad; right: BlackBerry PlayBook... the tablet wars are heating up! It looks like the tech game is starting to turn into a bit of a tech soap opera thanks to El Jobso. Following up yesterday's comments by Steve Jobs dissing 7" tablets, Research In Motion's Co-CEO Jim Balsillie has fired back. Here's the official word from Jim Balsillie: "For those of us who live...