Thorsten Heins

  • BlackBerry has no plans to shut down loss-making handset unit November 5, 2013

    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 interview...
  • BlackBerry abandons sale plan, will replace CEO Thorsten Heins November 5, 2013

    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 it...
  • BlackBerry reports nearly $1 billion quarterly loss, 45 pc revenue drop September 27, 2013

    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 August...
  • BlackBerry's Thorsten Heins, Fairfax's Prem Watsa and the $55 mn handshake September 27, 2013

    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 2012...
  • Blackberry to shift focus from consumer market to enterprise customers September 23, 2013

    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. The...
  • BlackBerry CEO could get almost $55.6 mn if the company is sold August 17, 2013

    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 earlier...
  • Apple iPhone is outdated, says BlackBerry CEO Thorsten Heins March 22, 2013

    Toronto: Apple's iPhone is outdated, according to the chief executive of BlackBerry-maker Research In Motion. Thorsten Heins made the comment Thursday on the eve of the much-delayed launch of the new touchscreen BlackBerry in the United States. AT&T begins selling the Z10 touchscreen BlackBerry on Friday, more than six weeks after...
  • BlackBerry aims to to reclaim its spot as an innovator February 6, 2013

    Toronto: Barely a week after launching an all-new, make-or-break line of smartphones, BlackBerry is already looking at a future in which it is a leader in "mobile computing," Chief Executive Thorsten Heins said on Tuesday. Heins said BlackBerry is aiming to reclaim its spot as an innovator in a world where...
  • BB 10: Indian behind Blackberry's new avatar January 31, 2013

    Apple could soon be getting some fresh competition for its iPhone as Blackberry unveiled it's do or die product Z-10. And the face of BlackBerry's new look is Indian-origin Vivek Bhardwaj - the head of RIM's software portfolio. The 29-year-old has earlier worked on BlackBerry software products and the Storm...
  • RIM CEO sees BlackBerry 10 powering growth November 18, 2012

    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 November 16, 2012

    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...
  • RIM's Australian chief leaves BlackBerry maker July 12, 2012

    Toronto: The head of Research In Motion Ltd's Australian and New Zealand operations has stepped down just months after being promoted to the job, becoming the latest senior executive to depart since Thorsten Heins took over as the BlackBerry maker's CEO. Ray Gillenwater left RIM to pursue other interests, RIM said...
  • CEO vows to turn RIM into 'lean, mean machine' July 11, 2012

    Ontario: Research In Motion Ltd's new CEO vowed to turn around the embattled company with the new generation of BlackBerry devices coming next year, saying he would transform RIM into a "lean, mean, hunting machine." But Thorsten Heins, presiding over his first annual meeting since taking the helm, offered little to...
  • Nothing is wrong with BlackBerry maker: RIM CEO July 4, 2012

    Toronto: Research In Motion Ltd's freshman CEO insisted that nothing is wrong with the maker of BlackBerry smartphones and that it certainly isn't in a "death spiral," even as the company's already battered stock edged toward new lows. In what appeared to be a concerted effort to win over Canadians mourning...