-
Not Just Sam Altman, Steve Jobs And These 4 Other Founders Were Also Fired From Their Own Companies
Thursday, May 30, 2024 - 6:00pm | 996OpenAI co-founder and CEO Sam Altman's firing from the AI startup in November has continued to dominate headlines for several months since then, but he's not the only founder to have been fired from his own company. In fact, it's not uncommon for founders to be fired, but many legendary icons of...
-
Twitter May Have Co-CEOs: Good Or Bad News For Shareholders?
Monday, June 15, 2015 - 3:04pm | 553With the top leadership position at Twitter Inc (NYSE: TWTR) currently up in the air, shareholders are waiting with baited breath to see who the company chooses as its next CEO. Current CEO Dick Costolo will be stepping down on July 1 and will be replaced on an interim basis by Twitter co-founder...
-
Reuters Says Blackberry Interim CEO in 'For the Long Haul'
Thursday, December 5, 2013 - 3:28pm | 304John Chen, BlackBerry's (NASDAQ: BBRY) interim CEO, is in it “for the long haul” according to the company's largest shareholder, Prem Watsa. Prem Watsa, also known as “Canada's Warren Buffett” is the chairman and CEO of Fairfax Financial, a multi-billion dollar fund based out of Toronto. As the...
-
Citigroup Reiterates Sell on Research In Motion, Adds to Top Picks Live
Monday, January 23, 2012 - 1:31pm | 183Citigroup has published a research report on Research In Motion (NASDAQ: RIMM) after the company's management change announcement. In the report, Citigroup writes, "We reiterate our Sell rating on RIMM shares and are adding this stock to Top Picks Live. Prior to today's conference call, RIMM's...
-
Jefferies Maintains Hold on Research In Motion After Management Changes
Monday, January 23, 2012 - 8:44am | 176Jefferies & Company has published a research report on Research In Motion (NASDAQ: RIMM) after the announcement that Jim Balsillie and Mike Lazardis resigned from their co-CEO/Chairmen positions. In the report, Jefferies writes, "Co-CEOs and co-Chairmen Jim Balsillie and Mike Lazaridis...
-
Is Research in Motion Dead Without Knowing It?
Wednesday, October 19, 2011 - 10:20am | 822Research in Motion (NASDAQ: RIMM) has been called the "headless horseman" before. Now it appears management has gone to a whole new level of clueless, after supposedly cancelling a meeting between an activist investor and two of its board members. This morning, headlines crossed the news wires...
-
Research in Motion Pulls a Sony, Makes Up for Downtime with Free Games and Apps
Monday, October 17, 2011 - 10:07am | 383Want free games? Research in Motion (NASDAQ: RIMM) has you covered. The company is taking a familiar approach to corporate rehabilitation by offering BlackBerry consumers – who were royally screwed last week when the company's services went down – the chance to download a plethora of free games...
-
Blue Horseshoe Loves Research in Motion?
Thursday, October 6, 2011 - 12:08pm | 662Research in Motion (NASDAQ: RIMM) shares are spiking up again this morning, up another 2% continuing their run from earlier in the week. What's behind the sudden move into a company some have called a "headless horseman"? There were rumors yesterday that Vodafone (NYSE: VOD) was thinking about...
-
Could This Be Carl Ichan's Next Investment?
Tuesday, September 27, 2011 - 12:44pm | 649Rumors hit this morning that Carl Ichan, the legendary activist investor was looking to take a stake in Research in Motion (NASDAQ: RIMM). With weak management, continued earnings disappointments, and a potentially dying brand, the question is why? Nothing is confirmed just yet, but it could be...
-
Research in Motion is the Headless Horseman
Friday, September 16, 2011 - 10:19am | 881Research in Motion (NASDAQ: RIMM) used to be known as one of the "four horsemen" of technology, along with Apple (NASDAQ: AAPL), Google (NASDAQ: GOOG) and Amazon (NASDAQ: AMZN). Not anymore. The Ontario-based company reported second quarter earnings of 80 cents per share on $4.17 billion in...
-
Is Research in Motion's BBM Music Service a Sign of the Company's Demise?
Wednesday, September 7, 2011 - 8:27am | 844Contrary to popular belief, imitation isn't the sincerest form of flattery. It's the sign of a company's death. This doesn't mean that Research in Motion (NASDAQ: RIMM), which is looking more and more like a patent warehouse, is going to fold anytime soon. The company still produces one of the...
-
Could RIM Be The Next Patent Play?
Tuesday, September 6, 2011 - 2:23pm | 826This morning, little known activist investor Jaguar Financial said that it wants Research in Motion (NASDAQ: RIMM) to spin off its patent portfolio, or perhaps sell itself. While few, if any, have heard of Jaguar Financial, it is the call for Research in Motion to do something with its patents...
-
RIMM Set To Launch Operating System 6.0
Monday, April 26, 2010 - 4:04pm | 354It’s out in the open at last. Research in Motion (NASDAQ: RIMM) co-CEO Mike Lazaridis confirmed that the company is set to launch operating system 6.0 sometime next quarter. When queried on the kind of device that would support the OS, Lazaridis hinted that the first device to run the software...
-
Market Roundup (VZ, GOOG, STT, EMMS, GS, XOM, SPG, GGP, RIMM)
Monday, April 26, 2010 - 2:28pm | 349Verizon Wireless (NYSE: VZ) has turned off its plans to offer service for the Nexus One handset from Google (NASDAQ: GOOG). The change in plans signals that Verizon may be viewing GOOG as more of a competitor than a partner. However, the Nexus One site continues to announce the introduction of the...