RIM investors re-elect board but revolt bubbles

RIM‘s annual shareholders meeting has kicked off, and investors are already restless as the company’s CEO and former CEO are re-elected to the board. Mike Lazaridis and Thorsten Heins were among ten people elected to RIM’s board, with investors expressing their dissatisfaction by withholding 19.1-percent of votes for Lazaridis and 14.8-percent for Heins. There are already questions as to how prepared RIM is to take on its smartphone and tablet rivals.

Leading the revolt is long-term thorn in RIM’s side, Jaguar Investments, which has been pushing for the company to sell off or license its patent portfolio since last year. Chairman and CEO of the investment group, Vic Alboini, was unsurprisingly present at the meeting.

Even before voting began, Alboini was vocal in his concerns. “Is it the board’s intent through your leadership as chair to aggressively seek technology-experienced board members” he asked, “that would bolster the strength of this board?”

RIM chair Barbara Stymiest insisted that the company was happy that it had the right skill-set represented on the board, and confirmed that the BlackBerry company had used the services of an external skills-hunting service to make sure the right people were present.

After the votes were counted, Alboini insisted on hearing the number of withheld votes for all of the candidates. “This is not an overwhelming approval for each of the directors” Alboini highlighted, and indeed 5 out of the 10 re-elected had 20-percent or more votes withheld.


RIM investors re-elect board but revolt bubbles is written by Chris Davies & originally posted on SlashGear.
© 2005 – 2012, SlashGear. All right reserved.


Verizon announces BlackBerry Curve 9310, available July 12th

RIM may not be having the best of times, but it’s still continuing to pump out handsets. Today the company announced the launch of the BlackBerry Curve 9310 in conjunction with Verizon, with the phone running BlackBerry 7.1 as well as featuring a dedicated BBM key for serious messaging addicts. Verizon and RIM are pitching the phone as a social solution, making sure to point out that Facebook and Twitter apps are front and center.

The 2.44-inch QVGA display is matched with a 3.2-megapixel camera, 512MB of RAM, an a microSD card slot for up to 32GB of storage. WiFi, GPS, and Bluetooth are all onboard, and some software tweaks have been added too. VZ Navigator will give customers audible turn-by-turn navigation, while parental controls will stop teens from sexting the night away.

Verizon is offering the Curve 9310 for $99.99, although you can drop that down to $49.99 with a $50 mail-in rebate. The monthly price will be on the high side though. If you’re a customer needing unlimited texting and messaging plus 300MB of data, you’ll have to cough up $80 per month. Still, if it sounds like your next phone, you’ll be able to pick it up on July 12th.


Verizon announces BlackBerry Curve 9310, available July 12th is written by Ben Kersey & originally posted on SlashGear.
© 2005 – 2012, SlashGear. All right reserved.


BlackBerry Curve 9310 makes a straight line to Verizon, July 12th

BlackBerry Curve 9310 makes a straight line to Verizon, July 12th

RIM’s BlackBerry Curve 9310 hasn’t exactly been shy. It’s already made a cameo over at the FCC and got some Boost Mobile face time, and now the QWERTY keyboard-packing smartphone will be hitting Verizon, arriving on the carrier this week. The curvy package includes BlackBerry 7.1, a 3.2 megapixel camera, a microSD slot and a dedicated BBM key on that aforementioned physical keyboard. The business-friendly handset arrives on VZW July 12th for $50 (after a mail-in rebate for the same amount). More info can be found in the press release post-break.

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BlackBerry Curve 9310 makes a straight line to Verizon, July 12th originally appeared on Engadget on Tue, 10 Jul 2012 08:45:00 EDT. Please see our terms for use of feeds.

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Rogers details 28-city LTE upgrade for rest of 2012, RIM’s hometown included

Rogers details 28city LTE upgrade for rest of 2012, RIM's hometown included

Rogers’ LTE network is old enough to mark its first birthday. Unless you happened to live in one of the seven largest cities in Canada during that time, however, you’ve largely been left out — that status indicator on the Rogers version of the One X may as well have been a subtle form of mockery. To the delight of our friends up North, the carrier has detailed a much more aggressive LTE rollout for the rest of the year: a total of 28 more cities will get that sweet 4G nectar in the next few months. Most of these expansions will blanket the southern half of Ontario, but major cities in the Prairies, Quebec and the Maritimes will all get their fair share. Arguably, the most important upgrade is coming to RIM’s home base of Waterloo; when the company is virtually betting its future on likely LTE-ready BlackBerry 10 devices, having widescale LTE to test against is a slightly important prerequisite. The full city list is available after the break.

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Rogers details 28-city LTE upgrade for rest of 2012, RIM’s hometown included originally appeared on Engadget on Mon, 09 Jul 2012 22:50:00 EDT. Please see our terms for use of feeds.

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SlashGear Evening Wrap-Up: July 9, 2012

Happy Monday, everyone. We’re all fully rested and recovered after a crazy mid-week holiday and ensuing weekend. But now that everyone’s bright-eyed and bushy-tailed, let’s get down to business – AT&T 4G LTE hits 74 US markets in newest expansion. Mobile broadband not your speed? Then how about this – Fujitsu announces stylistic Q702 and Lifebook T902 laptops. And, if you think you’re getting old, check this out – Study reveals space travel may slow aging process.

Featured: So on this return to a fulll work week, we have a slate of really interesting featured articles, including one that is not deliberately provocative, we swear – Diablo III is the worst game ever made. Want something a bit less controversial? – Surface sleight of hand: Microsoft’s big touch distraction. And we also have this coveted hands-on – AT&T Samsung Galaxy Note Premium Suite software upgrade hands-on.

RIM, Android, & Ebay: Okay, so if you’re in the mood for depressing news, RIM is in the headlines again. And yeah, you guessed it; it isn’t good – RIM facing lawsuits over broken Blackberry 10 promises. And on the topic of how companies are faring in the changing mobile environment, here’s something – Microsoft claims collecting royalties on 70% of all Android devices. And finally, something much lighter – Massive video game collection nets $1.2 million on Ebay.


SlashGear Evening Wrap-Up: July 9, 2012 is written by Mark Raby & originally posted on SlashGear.
© 2005 – 2012, SlashGear. All right reserved.


RIM CEO answers questions from concerned consumers

Thorsten HeinsWe all know that BlackBerry isn’t doing too well right now, and that BlackBerry 10 is probably going to make or break the company’s comeback (though the fact that it is only being released next year isn’t helping very much). However, in an attempt to alleviate the fears of its fans and consumers, RIM’s CEO Thorsten Heins decided to have a Q&A session with readers of The Globe and Mail. Over 200 questions were submitted and the best 10 were chosen and presented to Heins to answer.
(more…)

By Ubergizmo. Related articles: RIM holds media conference to assure everyone they aren’t done yet, Blackberry 10 phones release in… 2013!,

Thorsten Heins talks BB10 delay, promises to ‘reinstall faith in RIM’ in January with full touch device


Despite all the doom and gloom at RIM of late, CEO Thorsten Heins is a long, long way from throwing in the towel. After denying a “death spiral” and responding directly to Globe & Mail reader questions, he sat down with CIO‘s Al Sacco to talk about what he sees coming next year — and why we’re going to have to wait another couple of months for BB10. The reason for delay, he says, “is not because we added stuff to it. The delay is because our software groups were actually so successful in coding the various feature components… we got overwhelmed by integration efforts.” In other words, the company didn’t add too much stuff, there simply was too much stuff. That’s a very different state of affairs.

That being the state of play, the decision to delay again was a natural one, says Heins. “What I commit to the public out there is that when we ship BlackBerry 10, we will do it at high quality.” And he, of course, has high hopes for what they ship. “In January with the full touch device and the QWERTY coming, I think we will reinstall faith in RIM.” That seems to imply a January release for the device, or at least a final media unveiling, which could make the 2013 CES RIM’s last, best hope.

Thorsten Heins talks BB10 delay, promises to ‘reinstall faith in RIM’ in January with full touch device originally appeared on Engadget on Mon, 09 Jul 2012 13:14:00 EDT. Please see our terms for use of feeds.

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RIM facing lawsuits over broken BlackBerry 10 promises

RIM CEO Thorsten Heins may be confident the decision to delay BlackBerry 10 was sound, but the company’s shareholders may not be so accommodating, with threats of lawsuits over misrepresentation. Under scrutiny is just how much Heins and the rest of the RIM board knew of the potential for delay while still publicly promising it would arrive in late 2012, the NYT reports, with uncertainty over when, exactly, the decision to change the launch timetable was made.

“We’re making good progress [on BlackBerry 10], and I’m committed to sharing the progress with everyone right up until the launch later this year” Heins told developers back in May. That confident statement – and others made both by the CEO and other high-ranking RIM executives – is likely to come under the microscope as lawyers investigate whether there is a case to be answered.

“When you’ve used language like ‘laser focused on coming in on time,’ you’ve really raised expectations” law professor Richard McLaren of the University of Western Ontario told the newspaper, referring to Heins other comments at the developer event. He also highlighted Canadian companies’ legal responsibilities to declare any “major changes in their operations” immediately.

Heins will face shareholders at the RIM annual meeting on Tuesday this week, when he will likely be grilled over the company’s dire last financial quarter. As well as the delay of BlackBerry 10 into early 2013, RIM revealed $518m in losses, not helped by a mere 260,000 in sales of PlayBook tablets. Heins later argued that the company was not in a “death spiral” though it’s unclear how much those assurances will placate investors.

The fear is that RIM will face lawsuits over alleged “knowing and willful misrepresentation” and that Heins and the rest of the executive team will be accused of putting on a brave public face while at the same time knowing internally that BlackBerry 10 would miss its release timescale.

“RIM is well aware of its disclosure obligations under applicable securities laws and is committed to providing a high level of transparency,” the company said in a statement, “as evidenced by RIM’s decision to issue an interim business update on May 29, 2012, to alert shareholders that it expected to report an operating loss.”


RIM facing lawsuits over broken BlackBerry 10 promises is written by Chris Davies & originally posted on SlashGear.
© 2005 – 2012, SlashGear. All right reserved.


RIM CEO on BlackBerry 10 delay: “I could still see the seams”

RIM chief exec Thorsten Heins has again defended the company’s decision to delay BlackBerry 10 devices, saying he was dissatisfied with the remaining flaws in what’s intended to be a “seamless environment.” RIM recently confirmed that phones running BlackBerry 10 would now arrive in early 2013, rather than late 2012 as previously promised; Heins told The Globe and Mail that “the goal of BlackBerry 10 is to bring some of the best technologies in the world together in a seamless environment” and that he was frustrated by how the company’s software engineers hadn’t quite achieved that.

“Simply put,” Heins concluded, “I could still see some of the seams.” Nonetheless, the CEO insists that BlackBerry 10 is “ready to go” at its core, and points to third-party developers already working on QNX apps that will be ready in time for the platform’s eventual arrival.

“I decided that the way some features worked together and the related software integration needed more attention and refinement … When you’re dealing with millions of lines of computer code that will be subjected to daily use by users around the world, fine-tuning can take time – in this case, more than we anticipated. We decided to delay the launch of BlackBerry 10 to give us ample time to integrate software, test, and polish the final product” Thorsten Heins, CEO, RIM

Heins also challenged suggestions that RIM should have abandoned its own software plans and adopted Android or Windows Phone 8, arguing that “there is room and demand for an alternative to generic software.” Instead, “BlackBerry 10 is not just a fresh coat of paint on an old operating system” Heins says, “it will be the only completely new mobile platform on the market.”

As for BlackBerry being seen as a device for suits and seniors, Heins isn’t willing to see the brand relegated to the retirement home. ”One of the misconceptions about BlackBerry is that it’s your parents’ smartphone” he said, pointing out that “BlackBerry has a loyal fan base of young people around the world. For example, in South Africa, BlackBerry was recently voted coolest brand.”

Unfortunately, that youth appeal hasn’t necessarily helped RIM’s bottom line in the way continued enterprise success might have. In markets where BlackBerry devices are still thriving among young owners, a significant part of that success has been down to inexpensive pricing and bundled data. In the UK, for instance, BlackBerry devices significantly undercut iPhone and Android-based rivals on cheap pre-pay and contract deals, offering bundled data and BBM access for users unlikely to spend significant amounts on service each month and – more damaging to RIM – never likely to require BES service.

Meanwhile, the company’s fading star has led to carriers demanding renegotiation of monthly server fees, a prospect that could see one of RIM’s remaining major income streams significantly trimmed. At present, such fees contribute more than a third to RIM’s bottom line, but AT&T and Verizon – among others – are looking to reduce their liability as more competitive deals are required to drive BlackBerry device sales.


RIM CEO on BlackBerry 10 delay: “I could still see the seams” is written by Chris Davies & originally posted on SlashGear.
© 2005 – 2012, SlashGear. All right reserved.


RIM marks three billion BlackBerry app downloads, wants to set the record straight about App World

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Not all of the numbers are bad around RIM headquarters. The company’s celebrating the big three billion — that’s the number of app downloads it’s seen since the launch of App World. According to RIM, that number amounts to 2.5 million downloads a day — certainly nothing to sneeze at. Naturally, Research in Motion is using the opportunity to do some “myth busting,” regarding the perceived lack of selection for BlackBerry handsets and the PlayBook tablet. At present, there are 90,000 apps “up for sale” through the mobile app market.

RIM marks three billion BlackBerry app downloads, wants to set the record straight about App World originally appeared on Engadget on Sun, 08 Jul 2012 01:59:00 EDT. Please see our terms for use of feeds.

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