jim balsillie
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BlackBerry PlayBook 64GB variant confirmed, strapped to a 5,300mAh battery (video)
You already know most of the spec sheet delicacies that RIM has in store for its PlayBook, but here are a couple more details to complete the picture. The PlayBook will indeed match the iPad in having 16GB, 32GB and 64GB variants available, and will also come equipped with a pretty huge 5,300mAh battery. That'd be a generously proportioned cell for a full-sized laptop, we imagine it'll turn the PlayBook into quite the endurance champ. Beside those tidbits, there's another video appearance by the tablet that we weren't allowed to touch just after the break. You know you wanna see it.
RIM co-CEOs pull no punches responding to Apple's antenna statements
Thought Nokia's statement was strongly worded? That was nothing compared to the little tirade put together by RIM co-CEOs Mike Lazaridis and Jim Balsillie -- a pair of dudes known for having some of the bigger mouths (and bigger egos) in the wireless industry -- in direct response to Apple's Friday press conference on antenna issues. Of course, unlike Nokia, Apple made it personal for RIM because it used the Bold 9700 as a demonstration device in its attempt to prove that signal loss was a problem for phones and manufacturers from all walks of life, but Mike and Jim are having none of it. Phrases like "self-made debacle" and "deliberate attempts to distort the public's understanding" should give you an idea of the statement's overall flavor, but basically, they're saying that RIM puts a lot of time, money, and energy into avoiding dropped call issues and that you don't need a case to use any of their phones. Snap! Here's the full statement: "Apple's attempt to draw RIM into Apple's self-made debacle is unacceptable. Apple's claims about RIM products appear to be deliberate attempts to distort the public's understanding of an antenna design issue and to deflect attention from Apple's difficult situation. RIM is a global leader in antenna design and has been successfully designing industry-leading wireless data products with efficient and effective radio performance for over 20 years. During that time, RIM has avoided designs like the one Apple used in the iPhone 4 and instead has used innovative designs which reduce the risk for dropped calls, especially in areas of lower coverage. One thing is for certain, RIM's customers don't need to use a case for their BlackBerry smartphone to maintain proper connectivity. Apple clearly made certain design decisions and it should take responsibility for these decisions rather than trying to draw RIM and others into a situation that relates specifically to Apple."
BlackBerry Storm 2 up to something "this week," socially promiscuous in November
The New York Times has a lengthy piece on RIM's and Verizon's failed attempt to upset the iPhone's dominance with the BlackBerry Storm launch. Interesting, but not as interesting as this little nugget: "This week, Verizon and R.I.M. are trying again with a Storm do-over, the Storm 2." What that means, isn't exactly clear but it would seem to point to an official Storm 2 announcement this week, possibly today. Mike Lazaridis, RIM's co-CEO was also paraphrased as saying that RIM was "about to release" version 5.0 of its BlackBerry software. Meanwhile, RIM's other CEO, Jim Balsillie, boasted of plans to "shake up the market" in November when it opens it private communication network to social network updates and entertainment content from outside sources. A move that could swiftly bring an end to the BlackBerry's "for suits only" reputation, like, totally forever.[Via Phonescoop]
7Digital to debut BlackBerry direct music downloads
Even if no one's ever bought a BlackBerry (or, for that matter, a BlockBerry) for its multimedia prowess, things are starting to get a little interesting for the rock'n'rollers over at RIM. According to the Telegraph (UK), the music download site 7Digital will be launching a service for U2's new favorite handset this September. Based around an application that will be available in BlackBerry's App World, customers will be able to download music (with "most" tracks being DRM-free) directly to their phone for 79 cents a pop. Are you excited? No? Well, RIM CEO Jim Balsillie sure is. According to the article, he believes that the market's experiencing nothing less than the "birth of digital music 2.0." What do you think?
RIM CEO confirms a new Storm is brewing
It's not like we're surprised to hear this, but RIM CEO Jim Balsillie just told Reuters that the company is hard at work on a successor to the BlackBerry Storm. According to Jim, the consumer market is "large and untapped," and the current Storm is a "huge success in terms of sales and adoption." Sure, sure -- it's hard to scoff at a million units sold, after all -- but with rumors of an entirely new approach to text entry flying around, we'd say there's a good chance the Storm 2 doesn't so much build on the Storm formula as start over entirely. Thoughts?[Via PhoneScoop]
SEC charges, settles with RIM executives over backdating issue
Well, it looks like RIM's top executives weren't about to get off the hook after just paying a little fine to the Ontario Securities Commission over that backdated stock options issue, as the US Securities and Exchange Commission is now getting on the act with some charges of its own. In a bit of a twist, however, the SEC has simultaneously announced that it has already reached a settlement with the four top RIM executives in question (co-CEOs Balsillie and Lazaridis, plus Chief Operating Officer Dennis Kavelman and former vice president of finance Angelo Loberto), who have agreed to pay $1.4 million in fines and give back the more than $800,000 they made in profits. No more shakeups on the board, it seems, although there's only so many times you can step down from your position before you start to look silly.
RIM reaches settlement with Ontario Securities Commission over backdating shenanigans
Gearing up to close another chapter in its tale of cooked books, RIM announced this week that the company and "certain of its officers and directors" have reached a settlement with the Ontario Securities Commission over backdating stock options. Those certain officers are more than likely co-CEOs Jim Balsillie, who also serves as a director, and Mike Lazaridis. Both men were fingered in a report last month that suggested the commission would seek a record-breaking $100 million fine. The deal is still subject to approval by a panel of OSC officials, who are scheduled to meet on Thursday. No word on what penalties they'll incur, but we'd be surprised if RIM didn't manage to skirt at least some of that record-breaking amercement.
RIM CEO: Buggy smartphone software is the "new reality"
While our experience says otherwise, we really hope that the practice of launching buggy smartphones hasn't been institutionalized. The Wall Street Journal just published a report about the "bumpy launch" of the BlackBerry Storm -- a handset that WSJ sources say sold some 500,000 units in the first month following its global release. Not bad, but well off the 2.4 million launch pace seen by the iPhone 3G -- the phone the Storm had hoped to unseat as sales champ. The WSJ speculates that the relatively timid response stems from buggy or otherwise "clunky software" that crippled the user experience and performance at launch only to be (partially) corrected later via software updates. An abysmal scenario which echos the buggy 2.0 software that accompanied the iPhone 3G at launch. Now, instead of pleading for mercy at the feet of disgruntled consumers, RIM co-CEO, Jim Balsillie, calls the post-launch scramble part of the "new reality" of making complex cellphones in large volumes. A Verizon spokesman noted that return percentages are measurable in single digits (standard for a smartphone) adding, "The sales and performance of the device have lived up to our expectations." Fine, but when expectations are high that the consumer experience will be poor, somehow that doesn't sound like a victory to us.
Ontario Securities Commission seeks $100 million fine against RIM's co-CEOs
Uh oh. Remember that RIM backdating controversy from 2007? The Ontario Securities Commission sure does, and according to ReportonBusiness, it's seeking a record $100 million Canadian (that's about $79 million US) fine against co-CEOs Jim Balsillie and Mike Lazaridis. If approved, that'll be the largest penalty ever to be paid by individuals to the OSC, with Balsillie expected to pay the bulk of the penalty. As usual, none of the parties involved are commenting on the case, but we reckon this won't be the last we hear about it.[Via Mobile Syrup]
RIM opens the BlackBerry Application storefront, says it's going to shake up "Music 2.0"
Better late than never, we suppose -- joining Apple, Google, Microsoft, and Palm, RIM's officially opened the BlackBerry Application Storefront to submissions, just a hair after the December launch we'd originally heard. It sounds like RIM's going to be doing more an Apple-style closed market than an Android-style free-for-all: apps will be "considered" for inclusion in the Storefront, which is scheduled to go live in March at CTIA. The lockdown's not a big shocker considering RIM's corporate userbase, but we're can't say we're huge fans of this new trend toward closed stores. In any event, it sounds like RIM's seeing big potential for its fledging shop -- co-CEO Jim Balsillie recently told a panel that he's expecting "dozens of music apps" in the store, which he thinks will be able to capitalize on the (sigh) "birth of digital music 2.0." We're not sure exactly what Jim means -- he mostly said things like "remarkable revenue enhancement strategy" and "radical and dramatic enhancing set of opportunities" -- but we're all for shaking up the music business, so bring it on. It can't be any worse than SlotMusic.[Via Boy Genius Report]Read - BlackBerry Application Storefront submission pageRead - Balsillie wants to shake up music
RIM promises HSDPA BlackBerry, hints at touchscreen models
While rumors of a touchscreen BlackBerry are nothing new -- and hey, we've even got ourselves a patent to go on nowadays -- it's still encouraging to hear promising hints from the likes of RIM co-CEO Jim Balsillie. When asked if RIM would release a touchscreen version of the BlackBerry, Balsillie sounded optimistic. "For sure we're looking at all kinds of different device packaging and presentation," he said. "I think getting religious on packaging is not the way to go, it's really user preference-oriented." Whether that means we'll be seeing an iPhone look-alike, or something completely different in the near future is yet to be seen, but at least we do have word that HSDPA is showing up in a BlackBerry near you before long: "Certainly going to HSDPA is something that's very important to us in the near term," said Balsillie.
CE-Oh no he didn't, part XXXVI: RIM CEO lashes at Apple
His Steveness has been served, courtesy of RIM CEO Jim Balsille. The BlackBerry chief has stated that Apple's apparent stinginess in taking every bit of credit for everything iPhone is horning in on AT&T's part in the whole affair. For some reason, Mr. Balsillie seems a bit miffed that the iPhone is free of AT&T's logo and that it has to be activated using Apple's iTunes software. Balsillie added that Apple's "tremendous amount of control" gives him pause as he thinks about how the shifting of control outside the carrier somehow commoditizes the iPhone. We're still waiting on an unsubsidized 8300, okay Jim?[Image via hamiltonspectator.com]
RIM's Jim Balsillie to buy Nashville Predators
RIM's doing just fine thanks to a host of new models, but the same can't be said for its embattled CEO. First he loses his bid to buy the Pittsburgh Penguins, then he loses his chairmanship -- but things might just be turning around for Jim Balsillie. Word on the street is that Nashiville Predators owner Craig Leipold has turned the keys to the club over to Balsillie with an official announcement scheduled for tomorrow. Though there's a guarantee in place that the Predators will stick around for the next season, RIM's hometown has been pining after an NHL franchise for some time. Could this be the Predators' swan song in Nashville? Will the state of Tennessee write off BlackBerrys as evil devices for ever and ever? Only time'll tell.[Thanks, Boy Genius]
RIM's stock options probed by U.S. Attorney's office
With stock option grants by many public companies sitting under the microscope of authorities these days, count RIM inside that select group. The company who made thumb-able email popular and en vogue has another fan looking into the culpability of stock-based accounting practices: the U.S. Attorney's office. RIM has "had contact with the office of the United States Attorney for the Southern District of New York upon learning that the U.S. Attorney's office is reviewing the company's stock option grants," based on company statements. Add this to the SEC's official investigation revealed just recently and RIM's more under the microscope than a high-school biology experiment. So far, company co-founder Jim Balsillie has stepped down from the company's board of directors but is retaining his co-CEO title at this time.
RIM boots Balsillie as Chairman, but he remains co-CEO
It looks like RIM co-founder Jim Balsille is out as the company's chairman of the board, although he will remain on with RIM as co-CEO. The crackberry BlackBerry maker has had a little of a black eye recently (like many tech companies) with its handling of stock option accounting, which dates all the way back to 2004. As a result, RIM will have to lower its earnings by what seems like a nice chunk of change -- $250 million. Although we don't think RIM is going anywhere fast, its recent public missteps like this one have added to a long list of woes in recent years. Just promise us, RIM, that this isn't going to affect the release schedule for the 8820, mkay?
RIM exec picks up hockey club
What's a surefire sign that your company has survived scandal, moving on to become one of the predominant players in wireless communications, enterprise messaging, and hot phones with trackballs? Your CEO buys a sports franchise, that's what. In what can only be described as a proudly Canadian thing to do, Waterloo, Ontario-based RIM CEO Jim Balsillie recently scooped up the NHL's Pittsburgh Penguins for a cool $175 million from previous owner Mario Lemieux and pals. Though Balsillie and the NHL sound committed to keeping the team in Pittsburgh, it seems fitting that Hamilton, Ontario -- not too far from RIM's Waterloo -- is in search of an NHL franchise itself. We'll try not to get too wrapped up in the conspiracy theories, though; Balsillie's folks back at the RIM camp make enough on-topic news without us branching into the wide world of sports.[Thanks to everyone who sent this in]
