Mike Lazaridis
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Qualcomm could join BlackBerry founders in bid for beleaguered phone maker
As if the rumor mill wasn't crowded enough, The Wall Street Journal reports that mobile chipmaker Qualcomm could be joining RIM founders Mike Lazaridis and Doug Fregin in a bid to buy BlackBerry. Speculation of Qualcomm's involvement would be part of a bigger deal between RIM's founders and Cerberus Capital Management LP, that comes just days before the deadline for bids, set for Monday. The ever-informative sources close to the matter point out that even should the group create a partnership, they may not make a bid. Interest in the company has been attributed to every one from former Apple CEO John Sculley, to tech giants like Google, Intel and Samsung. However, the only real bid known to be on the table thus far is the $4.7 billion offer Fairfax Financial put forth in late September. Qualcomm's massive presence in the mobile space makes for an interesting twist, but we should know more on Monday when BlackBerry's board will consider whatever offers it actually receives.
Lazaridis-backed Quantum-Nano Centre opens tomorrow, aims to be a new Bell Labs
Mike Lazaridis may now have a considerably smaller role at RIM, but he's isn't exactly receding from the technology scene in the company's hometown of Waterloo, Ontario. That's no more evident than in the Mike & Ophelia Lazaridis Quantum-Nano Centre opening tomorrow on the University of Waterloo campus, a science and technology research center that not only bears his name but was built with $100 million of his money. As Lazaridis makes clear in an interview with Bloomberg, he's also not modest about his ambitions for the center, noting that it is "absolutely" going to be the Bell Labs of the 21st century. Or, perhaps more specifically, a Bell Labs for quantum computing and nanotechnology, areas of research that Lazaridis says are key in order to "break through those barriers" of traditional computing. You can find the full interview and more details on the center itself at the links below.
Thorsten Heins, Mike Lazaridis elected to RIM board during shareholders meeting
What's anticipated to be a testy shareholder meeting for Research in Motion kicked things off in a fairly status quo matter, with 10 directors being confirmed as part of the struggling smartphone maker's board. That list includes CEO Thorsten Heins and founder Mike Lazaridis. The elections, one attendee noted, were "not an overwhelming approval," with 14.8 percent and 19.1 percent of votes withheld for Heins and Lazaridis, respectively.
Former RIM co-CEO Jim Balsillie's very different rescue plan revealed
Sources close to former RIM co-CEO Jim Balsillie have revealed his plans to save the company before he was shown the door, a plan that didn't involve handsets. He'd entered into talks with AT&T, Verizon and several European carriers to offer them use of the company's BlackBerry-exclusive network to provide limited data plans to featurephone users that included social networking and BBM -- with the aim of reducing the cellphone operators data burden and coaxing users to upgrade to smartphones. The company was working on Mobile Fusion; software that allowed enterprise and government users on iOS and Android devices to join RIM's system, which reportedly earns the company $1 billion per quarter. However, while talks progressed, company execs grew nervous and ousted him in favor of Thorsten Heins with a mandate to focus on BB10 and new devices rather than turning RIM into a service company. However, given that it's still losing money on its handset business, Heins has reopened the door to Balsillie's plan. It's just a shame Balsillie himself is keeping quiet, as we'd love to hear his thoughts in an executive-level edition of How Would you Change.
RIM CEO Thorsten Heins clarifies comments on change, rejects Android speculation
Freshly anointed RIM CEO Thorsten Heins sat down with Crackberry this week to discuss his vision for the future of BlackBerry, his thoughts on Android and, most strikingly, his recent comments about maintaining the status quo. Shortly after his appointment, Heins issued a video address in which he implicitly claimed that RIM doesn't need an overhaul. "If we continue doing well what we're doing, I see no problems with us being in the top three players worldwide in the next years in wireless," the exec said. At the time, we and many other observers read this as a sign that the Heins era would look a lot like the Balsillie-Lazaridis era, but according to the new CEO, that's not the case. "I was talking about drastic or seismic changes," he clarified. "What I was trying to address was that there was some suggestion that RIM should be split up or should even be sold. My true belief is that RIM has the strength and the assets that we can really succeed in this market." Heins went on to claim that there's already "a lot of change" going on at the company -- citing the company's adoption of QNX as a prime example -- and that there's "no standstill at any moment here at RIM."During the same sitdown, Heins also reiterated his belief that RIM shouldn't outsource its software needs to Android, because BlackBerry, in his view, is a hallmark of differentiation. "Just take a look where the Android OEMs are," Heins said. "Take a look at their recent announcements and what you will immediately see is there is just no room for differentiation because they are all the same." The exec acknowledged that RIM may be taking the road less traveled, but seemed confident in its ability to rise to the challenge -- even if there are some bumps along the way. "This is not baking cookies," Heins elaborated. "This is building high tech products. From time to time your aspirations and your development timelines hit some bumps in the road that were not foreseen."
RIM stock falls eight percent following CEO transition
We rarely meddle with stock news around these parts, but this was a pretty significant piece of meat to chew on. After Research in Motion introduced Thorsten Heins as the new CEO last night and again in a conference call this morning, the company's stock price tumbled a whopping 8.47 percent. When it comes to what kind of difference the transition will make for the struggling company, we haven't had a high amount of confidence; while we hope for the best and want to see RIM turn things around, the falling stock appears to indicate that we're not alone in expressing concerns about this morning's events. Here's some food for thought: when rumors that Samsung was interested in purchasing RIM flooded the internet, the latter company's stocks spiked by nearly ten percent.
RIM's Thorsten Heins formally introduced: liveblogging the media call
If you missed it, RIM attempted to interrupt the Giants vs. 49ers matchup last night by dropping a wee bit of news: it's co-CEOs are gone, and taking the solo CEO badge is former COO Thorsten Heins. The new head honcho will be formally introduced in a media call slated to begin at 8:00AM ET on January 23rd, 2012, and we'll be liveblogging every moment of it for those who can't tune in. We've already learned a fair amount about the gentleman's plans courtesy of an introductory video, but we'll be listening in for any hints as to future QNX plans, PlayBook ambitions or BlackBerry wizardry. Join us after the break for the play-by-play! January 23, 2012 8:00 AM EST
Editorial: RIM's new CEO isn't the shakeup it needed
For a brief moment, I had hopes that RIM had made a move that would unseat it from the funk it's been sitting in for years. And then I watched the introductory video of newly-appointed CEO Thorsten Heins. Anyone who assumes that a simple CEO swap is the answer to all of RIM's issues is woefully misinformed, or worse, just blinded by false hope. Sure, removing Jim Balsillie and Mike Lazaridis -- both of which have been rightly criticized for not responding to market pressures quickly enough -- is a start, but it's not like they're gone. In fact, the two are still situated at a pretty fancy table within Research in Motion's organizational chart. RIM, we've been here before RIM seems to be as lost as my BlackBerry Dear RIM, I'm your customer and I don't wear a suitHave a listen at this: Mike is hanging around as the Vice Chair of RIM's Board and Chair of the Board's new Innovation Committee. You heard right -- the guy who has outrightly failed to innovate at anything in the past handful of years is now championing an innovation committee. Sounds right up his alley, no? Jim's staying put as an outright director, and if you think anyone at RIM is going to brush aside the input of the founders, you're wrong. Jim and Mike may have new titles, but they're still here, and I have no reason to believe that they'll act radically different going forward than they have in the past. Oh, and about Thorsten Heins? Let's go there.
RIM's Jim Balsillie and Mike Lazaridis are out, new CEO Thorsten Heins may license BlackBerry 10
After months upon months of investor backlash, RIM's making some significant changes. And by "significant," we mean the co-chief executives (and founders) are out. As of tomorrow, both Jim Balsillie and Mike Lazaridis will be stepping away from the top posts, enabling "a little-known company insider" to take over, according to The Wall Street Journal. Purportedly, this is all part of "a board and management shuffle," with COO Thorsten Heins (seen above) to step into what many expect to be an impossible role to thrive in. The Globe and Mail asserts that he'll be immediately seeking a Chief Marketing Officer to polish up the company's severely damaged brand, and he "will not rule out licensing RIM's new BlackBerry 10 operating system to other handset manufacturers." In an interview with the outlet, he stated that he'll be executing "flawlessly" and with vigor -- not unexpected, but still, bold words.Startlingly, Heins also asserted that he's "confident" in the existing lineup of BlackBerry handsets and the software update recently made available for the PlayBook; call us crazy, but he'd be wise to just spout out reality and make clear that RIM's existing lineup is nowhere near competitive in the grand scheme of things. As for Mike and Jim? The former will become "vice-chair of the board with special duties to examine innovation," with the latter becoming a traditional director. In an interesting move, outgoing co-CEO Lazaridis stated the following: "I think it's that unwillingness to sacrifice our long-term value for short-term gain. That's why we didn't choose Android. That's why we decided to build the future on QNX." So wait, RIM had the chance to choose Android... and didn't? No time like the present to reach back and shake things up, Mr. Heins.Update: Catch an introduction video to the new CEO just after the break!
Financial Post report suggests RIM's Balsillie and Lazaridis may be out as chairmen of the board
Nothing is official just yet, but Canada's Financial Post is reporting that RIM co-CEOs Jim Balsillie and Mike Lazaridis may soon be relinquishing their positions as co-chairmen of the company's board. According to the paper's sources, RIM board member and former TSX Group head Barbara Stymeist is the leading candidate to replace the duo. Notably, the report makes no suggestion that there would be any change to Balsillie and Lazaridis' status as co-CEOs, as some have also been pushing for, although it would still be a fairly big change for the company. As the paper notes, Balsillie and Lazaridis have long resisted previous attempts to divide the Chairmen and CEO roles and, if appointed, Stymeist would be the company's first ever independent chair.
RIM: BlackBerry 10 smartphones won't arrive until end of 2012
Some unfortunate news was revealed for those BlackBerry addicts who've waited patiently for a QNX-based smartphone from RIM. The company's co-CEO, Mike Lazaridis, reports that, due to a critical chipset that's not expected to be available in production quantity until mid-next year, we're unlikely to see a BlackBerry 10 device emerge until late in 2012. We know, ouch. When asked during today's conference call about the delay, the company leaders defended the decision and reiterated that a suitable alternative wouldn't be available that delivers a sufficient balance of processing power and battery longevity. As RIM's fans cope with the latest news, the firm promises that it's continuing to work on delivering a high-quality user experience and industrial design for its upcoming lineup. With the farm riding on this release, we can only hope so.
RIM reports Q3 2011 earnings: $5.2b revenue, $265m net income and 14.1 million handsets shipped
News out of Waterloo isn't all bad today, as Research in Motion has revealed its financial results for the third quarter of 2011. While the company previously had to scale back its earlier earnings projections of $5.6 billion in the quarter, it's apparent the firm came close to meeting that mark. After close of the markets today, RIM reported $5.2 billion in revenue with $265 million in net income and 14.1 million handsets shipped. The company was only able to eke out 150,000 PlayBook tablets during this time frame, however, which no doubt contributed to these reduced numbers. Unfortunately, the market hasn't taken so kindly to the revelation, as RIM's stock has fallen seven-percent in after hours trading. In a small bit of positive news, the firm reports that its subscriber count is up 35-percent year-over-year, which now totals 75 million subscribers. Looking forward, the company expects to bring in between $4.6 and $4.9 billion in revenue for the next quarter, where it hopes to ship between 11 and 12 million units. Co-CEO Jim Balsillie referred to the last few quarters as among the most trying in the company's history, and promised to re-evaluate RIM's product portfolio, R&D strategy and to "leave no stone unturned" as it seeks to regain prominence in the smartphone world. Meanwhile, co-CEO Mike Lazaridis reaffirmed the commitment to the PlayBook OS 2.0, which remains on track for a February launch. As for the QNX-based BlackBerry 10 smartphones that we've been looking forward to, Lazaridis said to not expect anything until late 2012. Apparently, its availability will be hampered by a critical chipset supply that's not expected to become available until mid-next year. In other words, unless consumers develop a love for BlackBerry 7 OS real quick, 2012 may sadly be another ugly year for the folks in Waterloo.
RIM offers free apps to make up for that whole BlackBerry outage thing
RIM co-CEO Mike Lazaridis has already apologized for last week's widespread BlackBerry outage, but apparently, that wasn't enough. Today, the manufacturer announced that it's offering customers a full slate of "premium apps" for free, in the hopes of earning back some of the goodwill it lost following that mysterious blackout. In a statement, the company said the gesture is "an expression of appreciation" for the patience that many BlackBerry users demonstrated during the incident, with Lazaridis adding that his company remains "committed to providing the high standard of reliability" that consumers have come to expect. For now, the company's offering a total of 12 apps (collectively valued at around $100), including SIMS 3, iSpeech Translator Pro and Shazam Encore among others, though more will be added at a later date. The offer kicks off on Wednesday and will last for a month, so head past the break to see which goodies are up for grabs.
Engadget Podcast 260 - 10.14.2011
Things are happening in the air around us: our tabazine is beaming its way to iPads around the globe, iThings are being shuffled to and from various parts of the stratosphere, and there was a frightening dearth of airborne activity in the BlackBerry-based community. Tangible inventions have also made their usual marks on the week in tech news: newly-minted iOS 5 guru Dante Cesa joins Tim and Brian this to bring it all down to earth and straight to your ears in this, the 260th episode of the Engadget Podcast.Hosts: Tim Stevens, Brian HeaterGuest: Dante CesaProducer: Trent WolbeMusic: I Can't Go For That00:01:30 - Engadget Distro is ready for download!00:03:45 - Photoshop contest: send us your best / most terrifying Frankengadget00:05:00 - iOS 5 review00:13:30 - iCloud opens to the masses, iOS 5 lurks near00:23:45 - BlackBerry services offline for some in Europe, the Middle East and Africa. Again. (update: RIM confirms India, South America, too)00:25:13 - BlackBerry outage spreads to US and Canada, continues in Europe, Middle East, Africa, Asia, South America (update: RIM confirms)00:26:00 - Mike Lazaridis apologizes for BlackBerry outage: 'We've let many of you down' (video) (Update: full services restored)00:38:40 - Motorola Atrix 2 hands-on at CTIA E&A 2011 (video)00:41:18 - Archos 80 G9 review00:46:11 - T-Mobile Samsung Galaxy S II review00:52:15 - HTC Sensation XE with Beats Audio review00:56:51 - ASUS Zenbook UX21 and UX31 headed to the US October 12, starting at $99900:59:02 - Samsung crashes iPhone 4S block party, lures Aussies with $2 Galaxy S IIs00:59:29 - Dennis Ritchie, pioneer of C programming language and Unix, reported dead at age 7001:00:12 - Listener questionsHear the podcastSubscribe to the podcast[iTunes] Subscribe to the Podcast directly in iTunes (enhanced AAC).[RSS MP3] Add the Engadget Podcast feed (in MP3) to your RSS aggregator and have the show delivered automatically.[RSS AAC] Add the Engadget Podcast feed (in enhanced AAC) to your RSS aggregator.[Zune] Subscribe to the Podcast directly in the Zune MarketplaceDownload the podcastLISTEN (MP3)LISTEN (AAC)Contact the podcastSend your questions to @tim_stevens.Leave us a voicemail: (423) 438-3005 (GADGET-3005)E-mail us: podcast at engadget dot comTwitter: @bheater, @timstevens
Mike Lazaridis apologizes for BlackBerry outage: 'We've let many of you down' (video) (Update: full services restored)
Now that BlackBerry services are returning to full functionality, RIM founder Mike Lazaridis has decided to issue a public apology for this week's mysterious global outage. In a video address published today, Lazaridis acknowledged that RIM dropped the ball this week, but assured that his company is working hard to remedy the situation. "I apologize for the service outages this week," Lazaridis said. "We've let many of you down." The executive went on to say that services are approaching normal levels across Europe, the Middle East, India and Africa, but could not give an estimate as to when RIM may see full global recovery. "It's too soon to say that this issue is fully resolved," Lazaridis explained, adding that there may be some instability as the system returns to normalcy. He reiterated, however, that his company is "working tirelessly" to restore services and, perhaps more important, consumer trust. Skip past the break to see the full video for yourself. Update: RIM is holding a conference call now and Mike just said "we have restored full services." That's said to be the status globally, so go ahead, spend a few minutes and get that BBM backlog out of your system. You deserve it. If you're still not receiving messages, RIM suggests pulling your battery and rebooting the phone. And those RIM folks probably need some sleep... "nobody's gone home since Monday," following "the largest outage we've ever experienced."
RIM to launch 6.1 update as BlackBerry 7 OS at BlackBerry World next week? (update: yes)
CrackBerry has just dropped word via "numerous sources" that RIM will be revealing the next iteration of its mobile OS at the fast approaching BlackBerry World conference -- and no, it's still not QNX. Despite consistent rumblings that upcoming devices like the Bold Touch, and Monaco would be launching with OS 6.1, it seems that RIM has decided to re-brand the update completely as BlackBerry 7, perhaps to increase the value proposition and differentiate new devices being announced along with it. However, the site also speculates that current phones running BB6 may not get any BB7 action right off the bat -- which could make sense, given that new features like NFC are only present in upcoming devices. All this is naturally unconfirmed, but if this is indeed yet another version of the BlackBerry OS, well, that certainly won't help the platform get any more developer love. Update: It's offficial. CrackBerry is reporting that RIM Co-CEO Jim Balsillie has informed investors of the new nomenclature on its earnings call, adding that "It's such a big update from 6." We can't wait to see for ourselves.
Editorial: Dear RIM, I'm your customer and I don't wear a suit
Like Joanna shamelessly admitted in her editorial a few months back, I was a BlackBerry addict. I'm also a 20-year old college student / tech-head whose phone serves every purpose from communications device to music player to TV remote. I tried to switch cold turkey and bought an iPhone 4 in August, but somewhere around Thanksgiving I gave in and picked up a Verizon Bold. I've been double fisting ever since -- using the BB almost exclusively for BBM, and my iPhone for everything else.Fast forward to late last week when I attended a meeting in New York with Tim Stevens and RIM CEO Mike Lazaridis to get the latest dish on the PlayBook. As Lazaridis demoed myriad features from HDMI presentation mode to the built-in music player on the company's hotly debated tablet, it hit me: the one question I've been pondering since getting a real look at the device. Who is it for? At that moment, I realized the problem that's been plaguing RIM as of late -- and not just in its tablet strategy, but its phone strategy as a whole: it doesn't know who its products are for and subsequently can't deliver. Am I crazy? Read on after the break and hear me out.
Editorial: RIM, we've been here before
By now you've no doubt read or at least heard about the New York Times interview where RIM's co-CEOs wound up asking most of the questions and challenged conventional wisdom about the company, or seen the BBC interview that Mike Lazaridis put an abrupt end to (see below, if you haven't). Those both offer plenty of juicy morsels for folks like us to chew on, but they're also indicative of a broader sense of frustration from the company that's getting difficult to ignore. One that is strikingly similar to what we've recently seen from another company that grew to dominate on the world stage, became a figure of national pride in its home country, and is now struggling to reinvent itself in the face of stiff competition: Nokia.
RIM called the iPhone 'badly flawed' before launch
If you were one of the iPhone's early adopters way back in 2007, you were the proud owner of a "badly flawed" device. Well, you were according to BlackBerry manufacturer RIM, anyway (see image for RIM's advice on how to best use your iPhone). A Reuters report on RIM's future (PDF) quotes an anonymous former employee as saying RIM thought the iPhone was "so badly flawed from day one. [...] Users wanted great battery life, great security, great mail handling, minimal network use, and a great keyboard experience." Two years before the iPhone launched, Mike Lazaridis, RIM founder, refused to develop a web-enabled smartphone with a larger screen. Instead, he insisted on concentrating on the BlackBerry's main strengths, its keyboard and email capability. Luckily for us, Apple struggled on with its badly flawed device, and for quite some time afterward, RIM still failed to see the desire users had for getting the full web experience on their smartphones. You can take your iPhone back out of the wastebasket now, by the way. [via Boy Genius Report]
Editorial: RIM seems to be as lost as my BlackBerry
The only way to open this editorial is to admit something I've been rather shy about on the pages of Engadget: I've been an avid BlackBerry fan and user for about six years now. I mean a real addict -- the kind who wakes up each morning looking for a blinking red LED, the kind who's refused to give up push email and BlackBerry Messenger in favor of more powerful, polished, and progressive mobile operating systems like iOS, Android, and webOS. In fact, when my Verizon contract was up last year I opted to get a Curve 8530 instead of the Motorola Droid or Palm Pre -- to say nothing of making the leap over to AT&T for the iPhone.There were lots of reasons I didn't want to give up my BlackBerry, but five days ago I lost that very Curve in a San Francisco cab. Then coincidentally, a day later I saw RIM co-CEO Mike Lazaridis speak at the D: Dive Into Mobile conference, where he almost embarrassingly avoided every question about the company's immediate smartphone strategy. I had always known that RIM was behind the curve (always a great pun!), but I also always had hope that the company would catch up with modern smartphones of today. Sadly, watching Mike dodge questions on the D stage took that hope away from me -- it's crystal clear that RIM won't have a solution to compete with those powerful smartphones anytime soon. So, what happens to a BlackBerry diehard like myself? Where do I go from here?
