Featured Articles

Analysts expect ARM to do well next year

Analysts expect ARM to do well next year

British chip designer ARM could cash in on the mobile industry's rush to transition to 64-bit operating systems and hardware.

More...
Huawei and Xiaomi outpace Lenovo, LG in smartphone market

Huawei and Xiaomi outpace Lenovo, LG in smartphone market

Samsung has lost smartphone market share, ending the quarter on a low note and Xiaomi appears to be the big winner.

More...
Intel Broadwell 15W coming to CES

Intel Broadwell 15W coming to CES

It looks like Intel will be showing off its 14nm processors, codenames Broadwell, in a couple of weeks at CES 2015.

More...
Gainward GTX 980 Phantom reviewed

Gainward GTX 980 Phantom reviewed

Today we’ll be taking a closer look at the recently introduced Gainward GTX 980 4GB with the company’s trademark Phantom cooler.

More...
Zotac ZBOX Sphere OI520 barebones vs Sphere Plus review

Zotac ZBOX Sphere OI520 barebones vs Sphere Plus review

Zotac has been in the nettop and mini-PC space for more than four years now and it has managed to carve…

More...
Frontpage Slideshow | Copyright © 2006-2010 orks, a business unit of Nuevvo Webware Ltd.
Friday, 29 March 2013 10:55

Lazaridis is not flogging his Blackberry shares

Written by Nick Farrell



Even if he is quitting

BlackBerry co-founder Mike Lazaridis has announced that he has no plans to flog his shares in the former company known as RIM even if he is quitting the board.

Lazaridis was the former co-CEO's of RIM and he announced his exit from the board on Thursday as it reported its first quarterly earnings since launching its make-or-break new BlackBerry 10 smartphones. He said he was really proud of what was built at RIM, and he thinks he is leaving it in good hands. Lazaridis said he wanted to remain one of its largest shareholders.

He owns 5.7 percent of the outfit and co-founded RIM in 1984. Lazaridis and co-CEO Jim Balsillie stepped down in January 2012, as the company was hammered and the BlackBerry 10 ran behind schedule. It was his idea to make Thorsten Heins chief executive and then he said that he would help st Thorsten and his team in the completion of the development of BB10. Now that job is done he is quitting.

Doug Fregin and Lazaridis announced their new $100 million Quantum Valley Investments fund earlier this month. Lazaridis used some of his cash to found the Perimeter Institute for Theoretical Physics in Waterloo, said he sees the quantum computing field "producing opportunities in the near-term."

Nick Farrell

E-mail: This e-mail address is being protected from spambots. You need JavaScript enabled to view it
blog comments powered by Disqus

 

Facebook activity

Latest Commented Articles

Recent Comments