Tech titans that fell from grace
RIM is struggling, but that says nothing of its spirit. After publically rejecting that his company was in the midst of a "death spiral" this week, new Research In Motion CEO Thorsten Heins penned an emotional editorial in the Globe & Mail, lamenting that a world has turned its back on the BlackBerry maker. "It's become fashionable for pundits and market watchers to alternately eulogize Research In Motion as a fallen pioneer and demonize management for not chopping up the company to sell for parts," he wrote.
On that point, Heins (above) is right. As RIM weathers tapering market share and weak stock performance, the company has been left for dead by many. Whether RIM is a business that should be sold for parts, however, remains to be seen. Whatever happens, RIM will want to avoid the fate of fallen tech titans like Nortel, Motorola and Polaroid. Here's how those famous brands and others left their perch among the tech world elite.
*All figures in USD.
Persecuted Chinese artist Ai Weiwei is opening a new exhibit at the Brooklyn Museum on April 18. But prior to an 81-day detention by Chinese authoritie... More Persecuted Chinese artist Ai Weiwei is opening a new exhibit at the Brooklyn Museum on April 18. But prior to an 81-day detention by Chinese authorities in 2011, Ai's passport was confiscated, and he cannot travel to coordinate or even see his own exhibit. The Brooklyn show includes "Sacred," a depiction of his incarceration in six dioramas, in its first North American appearance. National Geographic met and spoke with Ai in Beijing where he lives.
Date 1 hr ago, Duration 4:55, Views 2
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