The decline of BlackBerry Ltd. as a dominant player in the global smartphone market can be traced largely to its inadequate response to Apple Inc.'s iPhone, say authors of a new book on the subject. Losing the Signal: The Spectacular Rise and Fall of BlackBerry was written by Globe and Mail journalists Jacquie McNish and Sean Silcoff. It was published by HarperCollins Publishers Ltd. and released Tuesday. It tells the story of how Research In Motion Ltd. (RIM), later renamed to BlackBerry, was founded in the 1980s, struggled to survive for more than a decade and then released a product called the BlackBerry in 1999 that went on to change the way people worked and lived. Things then...
Former BlackBerry Ltd. CEO Thorsten Heins was the third-highest paid executive in 2013 among wireless companies listed on U.S. stock exchanges, according to the website FierceWireless. Based on filings with the U.S. Securities and Exchange Commission, the website said Heins received total compensation of $22 million US in 2013. That included a base salary of $3 million US, plus bonuses, stocks and other supplemental pay of $19 million US, the website said. It more than doubled his previous year’s compensation of $10.3 million US, the article said. BlackBerry announced on Nov. 4 that...