As speculation turns to iPhone 5 comes news that Research In Motion (RIM) is dead. Sure, this might sound harsh but the company's move to replace its leadership seems unlikely to bring it back from the brink. Apple [AAPL] has unleashed forces RIM has been unable to match.
Fall of the giant
What’s the news? Company co-CEO's, Mike Lazaridis and Jim Balsillie have stepped down. RIM now has a new CEO, ex-COO, Thorsten Heins. The fightback -- such as it is -- begins with two new model phones scheduled for introduction later this year, hopefully.
These moves reflect declining BlackBerry sales, declining satisfaction levels, decline across the board at the world's once leading smartphone company.
Think back and you'll recall a time when RIM devices seemed to exude rubber-clad cool: if you didn't have a BlackBerry you wanted one, and business users who did possess them loved them so much they'd work in bed with them, creating armies of BlackBerry widows in the process.
Apple made your widows smile
Apple's focus on users meant those BlackBerry widows ended up with their own electronic gadget to use at bedtime, and when their business-focused husbands saw what they were doing, they wanted a little iAction too. Read more...
Patricia Dunn, the former Hewlett-Packard Co. chairwoman who authorized a boardroom surveillance probe that ultimately sullied her remarkable rise from investment bank typist to the corporate upper class, has died after a long bout with cancer. She was 58.
Dunn died Sunday morning at her home in Orinda surrounded by her family, according to her sister, Debbie Lammers. She said Dunn's ovarian cancer had returned.
Once one of the most powerful women in corporate America, Dunn saw her career tarnished in 2006 when she was ousted from HP and brought up on criminal charges — which were ultimately dropped — for approving the company's plan to snoop into the private phone records of board members, journalists and HP employees to catch people leaking to the media. Read more...