According to a regulatory filing, Jim Balsillie, the former co-CEO of BlackBerry, has sold off his entire stake in the company.
A year ago, Balsillie was one of the largest individual shareholders in BlackBerry (formerly known as Research In Motion) with 26.8 million shares in the company. But in a document filed today, BlackBerry disclosed that Balsillie no longer holds any shares in the company.
Balsillie and fellow former co-CEO Mike Lazaridis stepped down last March amid shareholder criticism over the way the company was being run and a stunning drop in its share price. Current CEO Thorsten Heins stepped in to replace them, and has helped usher in the new BlackBerry 10operating system and a rebound in the share price.
Lazaridis, who still serves as vice chairman of BlackBerry, owns 29.9 million shares in the company.
In a modern business, device diversity is not just an operational reality; it is the…
We already know that because of the electricity used by high-powered equipment to “mine” crypto…
The recent service outage that Amazon Web Services (AWS) experienced in the US brought several…
Can we make data centers smart and green? Warning about AI’s electricity consumption speed was…
The Tech Panda takes a look at recent tech launches. Fintech: ICICI Bank & Visa…
The Tech Panda takes a look at how Indian companies are partnering with foreign businesses…