RIM News

Fairfax’s Watsa Raises Stake in BlackBerry Maker RIM to Nearly 10%

Canadian investor Prem Watsa, dubbed the “Warren Buffett of the North,” has nearly doubled his company’s stake in embattled BlackBerry maker Research In Motion Ltd (RIM) to just under 10 percent, according to a regulatory filing. The move makes Watsa, …

Fairfax Prem Watsa Brings Hope to RIM’s Restless Shareholders

The arrival of the man known as “the Warren Buffett of North” on Research In Motion’s board this week offers a ray of hope to the BlackBerry maker’s impatient shareholders after their disappointment that an insider was named new chief …

RIM Hit with Consumer Lawsuits over BlackBerry Outage

Consumers in the United States and Canada have sued Research in Motion for a days-long service outage on BlackBerry devices that rippled across the world earlier this month. The system-wide failure of the service had left tens of millions of …

RIM Offers Free Apps to Appease BlackBerry Customers

Canada’s Research In Motion Ltd said it will offer free premium apps worth more than $100, in a bid to appease its customers following BlackBerry service disruption last week. Research In Motion said the complete selection of premium apps will …

BlackBerry Maker Scrambles to End Global Outage; Repair Damage to Brand

The company that makes the BlackBerry smart phone is working frantically to end a three-day global service disruption that has frustrated millions of its customers and pumped up pressure on its management to make sweeping changes. Research In Motion [RIM], …