Jim Balsillie

4 Stories

RIM's Co-CEOs Step Down

Balsillie, Lazaridis insist it had nothing to do with investor pressure

(Newser) - A big shuffle at Research in Motion last night, as Jim Balsillie and Mike Lazaridis—who have served together as co-CEOs for two decades—stepped down, turning over the top position at the struggling company to former chief operating officer Thorsten Heins. Balsillie and Lazaridis also gave up their co-chairmanship,... More »

With Coyotes' Future Murky, Gretzky Quits as Coach

'Great One' not so much behind the bench, leaves with losing record in Phoenix

(Newser) - With the team’s future murky, Wayne Gretzky quit today as coach of the Phoenix Coyotes, marking the end of a tenure for the “Great One” that was anything but. Since Gretzky, 48, came aboard in 2005, the Coyotes are 143-161-24. He’s a part-owner of the financially troubled... More »

BlackBerry To Grow in China

RIM takes smartphone into untapped market

(Newser) - BlackBerry developer Research in Motion is pushing its smartphone into the huge Chinese market for personal communications devices, with major multinationals its first market target. Reuters reports RIM's Chinese partner, China Mobile, already has a two-thirds market share, but the Blackberry is expected to face tough opposition from a low-cost... More »

Nashville Doesn't Take to the Ice

Canadian billionaire may move Predators north of the border

(Newser) - BlackBerry magnate Jim Balsillie will pay $220 million for the Nashville Predators, one of the NHL's best and lowest-revenue teams, and likely move them out of Tennessee. Possible new homes include Kansas City, which is courting teams for its new arena, and Kitchener-Waterloo and Hamilton in Ontario, threatening the theft... More »

4 Stories