Ceo Thorsten Heins

Interim Chief Executive John Chen said on Monday that the smartphone maker has sufficient resources to stage a turnaround.

Chen said: "we're really not in phones but we're in phones for software, for services," and added the new CEO should have a strong software and services background.

BlackBerry Ltd is abandoning a plan to sell itself and will raise about $1 billion from its largest shareholder and other institutional investors as it tries yet again to revive its fortunes.

BlackBerry CEO Thorsten Heins could receive almost $55.6 million if the company is sold and he is ousted from the top job.

He would also get $7.5 million in compensation for his salary and bonus under the change of control provisions in his contract.

Heins conceded that BlackBerry has a tough road ahead as it attempts to turn around its fortunes, but he insisted it was on the right track.

BlackBerry Ltd signaled on Tuesday that a licensing deal, or even an outright sale of the company, was still a possibility, pleasing shareholders still reeling from the disappointing debut for its new line of smartphones.

BlackBerry CEO Thorstein Heins has said that the company was not satisfied with the performance of the new software on the PlayBook tablet and has abandoned plans to upgrade it.

BlackBerry CEO Thorsten Heins has come out in the open against the business case for tablets.

BlackBerry CEO Thorsten Heins has said that Samsung won't be able to offer 'top-notch' security for enterprise.

Apple's iPhone is outdated, according to the chief executive of BlackBerry-maker Research In Motion Ltd.

BlackBerry CEO, Thorsten Heins expects that the company would have 100,000 native apps available in the coming days. He also talked about the company's stand on tablets.

BlackBerry has gotten its new touchscreen mobile device on store shelves in more than 20 countries and is very encouraged by the traction that the smartphone is gaining, chief executive Thorsten Heins said on Thursday.

The US has been one market in which RIM has been particularly hurting, even as the company is doing well in many places overseas.

BlackBerry 10 devices will provide Research In Motion with a framework for growth over the next decade, Chief Executive Thorsten Heins said on Wednesday.

Interim Chief Executive John Chen said on Monday that the smartphone maker has sufficient resources to stage a turnaround.

Chen said: "we're really not in phones but we're in phones for software, for services," and added the new CEO should have a strong software and services background.

BlackBerry Ltd is abandoning a plan to sell itself and will raise about $1 billion from its largest shareholder and other institutional investors as it tries yet again to revive its fortunes.

BlackBerry CEO Thorsten Heins could receive almost $55.6 million if the company is sold and he is ousted from the top job.

He would also get $7.5 million in compensation for his salary and bonus under the change of control provisions in his contract.

Heins conceded that BlackBerry has a tough road ahead as it attempts to turn around its fortunes, but he insisted it was on the right track.

BlackBerry Ltd signaled on Tuesday that a licensing deal, or even an outright sale of the company, was still a possibility, pleasing shareholders still reeling from the disappointing debut for its new line of smartphones.

BlackBerry CEO Thorstein Heins has said that the company was not satisfied with the performance of the new software on the PlayBook tablet and has abandoned plans to upgrade it.

BlackBerry CEO Thorsten Heins has come out in the open against the business case for tablets.

BlackBerry CEO Thorsten Heins has said that Samsung won't be able to offer 'top-notch' security for enterprise.

Apple's iPhone is outdated, according to the chief executive of BlackBerry-maker Research In Motion Ltd.

BlackBerry CEO, Thorsten Heins expects that the company would have 100,000 native apps available in the coming days. He also talked about the company's stand on tablets.

BlackBerry has gotten its new touchscreen mobile device on store shelves in more than 20 countries and is very encouraged by the traction that the smartphone is gaining, chief executive Thorsten Heins said on Thursday.

The US has been one market in which RIM has been particularly hurting, even as the company is doing well in many places overseas.

BlackBerry 10 devices will provide Research In Motion with a framework for growth over the next decade, Chief Executive Thorsten Heins said on Wednesday.