WATERLOO, Ontario, July 10 (Reuters) – Research In Motion
Ltd’s new CEO vowed on Tuesday to turn around
the embattled company with a new generation of BlackBerry
devices to be launched next year as he transforms RIM into a
“lean, mean, hunting machine.”
Thorsten Heins, presiding over his first annual meeting
since being named chief executive in January, faces a formidable
battle to put the embattled smartphone maker back on track after
a share-price swoon that has wiped away 80 percent of its market
WATERLOO, Ontario (Reuters) – Research In Motion Ltd shareholders elected the company’s slate of directors at its annual meeting, the first presided over by new CEO Thorsten Heins, who faces an uphill battle to put the embattled BlackBerry maker back on track.
At a meeting on Tuesday where Heins outlined the company’s strategy ahead of next year’s introduction of a new line of BlackBerry devices, preliminary results showed that a significant portion of the votes were withheld, including 19 percent for former co-CEO Mike Lazaridis.
RIM AGM has began. Chairwoman Barbara Stymiest running through the regular business. Questions come later. $RIMM
TORONTO (Reuters) – A delay in the launch of the new generation of BlackBerrys until next year will give retailers more time to focus on the revamped smartphones once they hit store shelves, Research In Motion Ltd’s new marketing chief said on Monday.
In the latest upbeat salvo in a week-long media blitz from the embattled company, Frank Boulben said the launch delay from late 2012 to early 2013 – after the crucial Christmas shopping season – would not be a death blow to RIM.
TORONTO (Reuters) – Microsoft Corp will buy Perceptive Pixel Inc, a six-year-old developer of large touchscreen displays whose customers include cable network CNN, chief executive Steve Ballmer said on Monday.
Microsoft also said it plans to launch the latest version of its flagship Windows operating system in October, which Ballmer painted as the most important launch for the Redmond, Washington-based company since Windows 95 almost two decades earlier.
TORONTO, July 6 (Reuters) – Consumer electronics retailer
Best Buy Inc’s (BBY.N: Quote, Profile, Research) Canadian division is pushing back against
“showrooming”, where customers test drive gadgets in store only
to buy them online, the company’s Canadian head told Reuters on
Best Buy Canada will now match prices posted by Canadian
online retailers, not just bricks-and-mortar stores. New kiosks
in stores also let customers order products for pick up or home
delivery right away, including categories as diverse as cell
phones, toasters, and hammocks that may not be available on