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At the end of 2011, Balsillie was the third largest shareholder of the company, holding 5.1% of the outstanding shares. [6] But that June, BlackBerry cut 2,000 employees, or 11% of its global workforce, and the joint CEOs reduced their pay to $1. The share value had tumbled from $137.41 in 2008 to $14.80 at the end of 2011.
During the BlackBerry 10 launch event, the company also announced that it would change its public brand from Research In Motion to BlackBerry. [57] [53] The name change was made to "put the BlackBerry brand at the centre" of the company's diverse brands, and because customers in some markets "already know the company as BlackBerry". [15]
In response to strategic changes at BlackBerry, Fregin and Lazaridis established Quantum Valley Investments, a venture fund, in March 2013. [ 12 ] They also considered acquiring BlackBerry and engaged Goldman Sachs Group Inc and Centerview Partners LLC to review their options.
After breaking into NASA to make his last movie, “Operation Avalanche,” one would think that “BlackBerry” — a film that, on paper, sounds like a standard book adaptation about a Canadian ...
It was loosely adapted from Jacquie McNish and Sean Silcoff's book Losing the Signal: The Untold Story Behind the Extraordinary Rise and Spectacular Fall of BlackBerry. [5] [6] The film is a dramatized account of the history of the BlackBerry line of mobile phones created by co-founders Douglas Fregin and Mike Lazaridis, and investor Jim ...
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One of the company's first achievements was the development of barcode technology for film. RIM plowed the profits from that into wireless data transmission research, eventually leading to the introduction of the BlackBerry wireless mobile device in 1999, and its better-known version in 2002. In 2020, he purchased the 80 m (262 ft) yacht Artefact.
At the end of 2017, there were a total of 7,450 breweries in the United States, including 7,346 craft breweries subdivided into 2,594 brewpubs, 4,522 microbreweries, 230 regional craft breweries and 104 large/non-craft breweries.