Thorsten Heins

  • BlackBerry has no plans to shut down loss-making handset unit 05-11-2013 10:29 AM

    BlackBerry Ltd has no plans to shut down its loss-making handset business, incoming interim Chief Executive John Chen said on Monday, adding that the smartphone maker has sufficient resources to stage a turnaround. "I know we have enough ingredients to build a long-term sustainable business," Chen said in a telephone...
  • BlackBerry abandons sale plan, will replace CEO Thorsten Heins 04-11-2013 08:04 PM

    BlackBerry Ltd is abandoning a plan to sell itself and instead will replace its chief executive officer and raise about $1 billion from institutional investors, including its largest shareholder, the smartphone maker said on Monday. Shares of BlackBerry dropped 16.3 per cent to $6.50 in premarket trading. The company said...
  • BlackBerry reports nearly $1 billion quarterly loss, 45 pc revenue drop 27-09-2013 06:07 PM

    Toronto: BlackBerry Ltd reported a nearly $1 billion quarterly loss on Friday, days after accepting its largest shareholder's tentative $4.7 billion bid to take it out of the public eye. BlackBerry, which had warned of the results on September 20, said its net loss for the second quarter ended on...
  • BlackBerry's Thorsten Heins, Fairfax's Prem Watsa and the $55 mn handshake 27-09-2013 02:08 PM

    Toronto: Months before Fairfax Financial Holdings Inc bid $4.7 billion for BlackBerry Ltd, Fairfax boss Prem Watsa played a role in securing a golden parachute worth as much as $55 million for the smartphone maker's chief executive, according to company filings. Watsa, Fairfax's chief executive, joined BlackBerry's board in January...
  • Blackberry to shift focus from consumer market to enterprise customers 23-09-2013 05:22 PM

    Toronto: BlackBerry Ltd's plan to retreat from the consumer market in favor of its traditional strength serving businesses and governments is widely seen as a desperate move that industry watchers warn will only accelerate its downward spiral. The strategic shift and dramatic restructuring are fuelling fears about BlackBerry's long-term viability....
  • BlackBerry CEO could get almost $55.6 mn if the company is sold 17-08-2013 10:48 AM

    Toronto: BlackBerry CEO Thorsten Heins could receive almost $55.6 million if the company is sold and he is ousted from the top job. Heins would receive $48 million in equity awards, based on the company's share price at the end of its latest fiscal year, according to a regulatory filing...
  • BB 10: Indian behind Blackberry's new avatar 31-01-2013 10:27 AM

    And the face of BlackBerry's new look is Indian-origin Vivek Bhardwaj - the head of RIM's software portfolio. ...
  • RIM CEO sees BlackBerry 10 powering growth 18-11-2012 12:12 PM

    Ontario: A new line of BlackBerry 10 devices will provide Research In Motion with a framework for growth over the next decade, offering long-term value for unhappy shareholders, Chief Executive Thorsten Heins said on Wednesday. In an interview with Reuters, Heins said RIM had identified $800 million of the $1...
  • BlackBerry 10 AppWorld to focus app quality, not quantity 16-11-2012 07:51 AM

    Waterloo: Research In Motion is pushing for app quality, not quantity, with its make-or-break BlackBerry 10 devices set for launch on January 30, and targeting applications to customers in various regions. RIM's projected 100,000 apps - a record for any new platform at launch - will still be a fraction...