Thorsten Heins

BlackBerry abandons acquisition deal with Fairfax even as CEO steps down

Thorsten HeinsWashington, Nov. 5 : BlackBerry has reportedly abandoned its acquisition deal with Canada's Fairfax Financial for 4.7 billion dollars that sent the sinking smartphone manufacturer's shares down by 17 percent, lowest since
2003.

BlackBerry failed to strike a deal with the Canadian investor Prem Watsa's company, as it struggled to line up financing.

According to Fox News, the mobile phone maker's sinking fortune appears to indicate towards its last days in the market where it reined for years, before losing ground to competitors like Apple and Google.

BlackBerry to reportedly offer three tiers of BlackBerry 10 smartphones

BlackBerry to reportedly offer three tiers of BlackBerry 10 smartphonesA recent report in The Canadian Press has, citing the information shared by BlackBerry CEO Thorsten Heins about the company's plans to take on Apple and Android in the smartphone market, revealed that BlackBerry will be offering three tiers of its devices --- the high-end devices; the mid-range devices; and the entry-level devices.

RIM CEO talks about possible licensing deals and asset sales; stock jumps 10%

RIM CEO talks about possible licensing deals and asset sales; stock jumps 10%During the course of a Monday interview with German newspaper Die Welt (The World), Research in Motion's CEO Thorsten Heins hinted at the possibility of licensing deals and asset sales; thereby leading to an over 10 percent jump - to CAN$17.41 - in the RIM stock on the Toronto Stock Exchange.

RIM rises 17 percent following positive recommendation

RIM rises 17 percent following positive recommendationThe shares of Research In Motion (RIM), which is the maker of the popular BlackBerry family of smartphones, increased about 17 per cent on Toronto Stock Exchange on Thursday after an analyst increased target price for its shares.

National Bank analyst Kris Thompson increased the target price for company's shares to $15 from $12. He said that there is an opportunity to generate money from the shares ahead of the launch of the company's new line of smartphones in 2013.

Thorsten Heins: RIM has to face competition from iPhone, Android handsets

Thorsten Heins: RIM has to face competition from iPhone, Android handsets With Research In Motion (RIM)'s latest BlackBerry OS - the BlackBerry 10, or BB10, version - finally scheduled for release in early 2013, and the company steadily losing smartphone market share to Apple's iPhone and the Android-based handsets, the RIM CEO Thorsten Heins said in a recent interview that his company is aware of the fact that it has to face competition from its rivals.

RIM to target business customers, says CEO

CEO Thorsten HeinsCanada-based, Research In Motion Ltd. (RIM), which is the maker of popular BlackBerrry family of smartphones, has said that it will focus on business customers.

Apple has been able to surpass rival Canada-based, Research In Motion Ltd. (RIM) in its home market for the first time in the smartphone market. Apple has overtaken RIM with its iPhone smartphones in terms of total shipments. RIM said that it will loose most of its consumer market share and will focus on business segment.

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