Mike Lazaridis’s Post-Blackberry Events

Mike Lazaridis's Blackberry Events
Mike Lazaridis’s Blackberry Events | Image Credit: theglobeandmail.com, from Google Images

Here’s what actually happened to Mike Lazaridis because the movie BlackBerry concludes before a few significant events that lead to the company’s demise take place.

In brief:

  • The movie BlackBerry concludes with Mike Lazaridis opening crates of malfunctioning touchscreens, signaling the start of the company’s demise.
  • In 2012, Mike Lazaridis stepped down as co-CEO of RIM, and BlackBerry fell apart quickly after.
  • Following his departure from BlackBerry, Lazaridis established an investment firm, participated in charitable giving, and provided assistance to researchers within the sector.

The BlackBerry film closes with the beginning of Mike Lazaridis’ company’s demise, but it doesn’t go into detail about what happened to the real-life entrepreneur in the years that followed. The true tale of BlackBerry tells the narrative of the emergence and demise of RIM (Research in Motion), the company that invented the smartphone and went on to become a household name. The film follows real-life co-CEOs of RIM, Mike Lazaridis (Jay Baruchel) and Jim Balsillie (Glenn Howerton), as they navigate professional and legal challenges, but as the film closes, their demise is only getting started.

Related Article: Who is Suzie Cheikho? Keystroke Technology | Got A Woman Fired From Her Work-from-Home Job

The 2008 film about BlackBerry concludes with Mike Lazaridis opening crates containing the new BlackBerry Storm, which included static and malfunctioning touchscreens. This occurs when Jim Balsillie, the chairman of RIM, steps down and accepts responsibility for the crime after Mike cooperates fully with the SEC’s investigation into his alleged stock manipulations. History, of course, shows that Lazaridis was already too late; BlackBerry’s demise occurs far before the company’s formal collapse and the phone’s discontinuation. BlackBerry was recently recut with more footage to create a miniseries. What happened to Mike Lazaridis after the BlackBerry ended is still not disclosed, though.

Mike Lazaridis and Jim Balsillie, the real-life counterpart of BlackBerry, departed from their roles as co-CEOs of RIM around four years after the film’s conclusion. Lazaridis and Balsillie resigned from RIM in 2012 as a result of the business’s sluggish development, difficulties with innovation, and inability to compete. A few years later, the company reported its first net loss. Thorsten Heins took the position of the two businessmen and served as BlackBerry’s CEO until 2013, when John Chen took over. Just four years after Lazaridis resigned, in 2016, the BlackBerry phone line was terminated, and its services will be formally shut down in 2022 (according to BlackBerry’s website).

Mike Lazaridis departed BlackBerry at the start of the company’s demise, yet he continued to be affluent long after the movie ended. Lazaridis and Doug Fregin, his co-founder of RIM, reunited in 2013 to launch Quantum Valley Investments. The goal of the investment firm is to bring cutting-edge quantum information science technology to market, which supports their idea of creating a “Quantum Valley” in Waterloo (source: Quantum Valley Investments website). Even now, the original BlackBerry founders utilize their business to finance and assist industry researchers.

Also Read: Number of Users on WordPress, Joomla, Magento, Shopify, Wix, Hubspot, and Drupal

Apart from overseeing Quantum Valley Investments, Lazaridis has garnered recognition for his accolades, donations to education, and philanthropy following BlackBerry’s demise. He further gave $20 million to Wilfrid Laurier University in 2012; this money helped to establish a new technology-based management institution in the business school, which was subsequently dubbed after the inventor of BlackBerry (via CBC). As a result of his efforts to advancing science and technology, the actual Mike Lazaridis was later chosen in 2014 to become a Fellow of the Royal Society.

Source:
https://screenrant.com/what-happened-mike-lazaridis-after-blackberry-movie/

  • Sen. Mark Warner vs. The Biden Administration: A Future Political Showdown?

    Sen. Mark Warner vs. The Biden Administration: A Future Political Showdown?

    As the 2024 presidential election looms on the horizon, the political landscape in the United States is poised for dramatic shifts and potential conflicts. Among the most anticipated developments is the emerging rivalry between Senator Mark Warner and the Biden administration. This article delves into the history, recent developments, and future implications of this political…

  • Minnesota Vikings – Historic Background and Modern Analysis

    Minnesota Vikings – Historic Background and Modern Analysis

    The Minnesota Vikings, a staple in the National Football League (NFL), boast a rich history and a passionate fan base. Since their inception in 1960, the Vikings have experienced highs and lows, producing legendary players, memorable moments, and a legacy of resilience. This article delves into the storied history of the Vikings, their evolution over…

  • Khyree Jackson Is A Rising Star in College Football

    Khyree Jackson Is A Rising Star in College Football

    Khyree Jackson has rapidly become one of the most talked-about names in college football. His journey from high school standout to college sensation is an inspiring story of talent, perseverance, and dedication. This article delves into Jackson’s background, his achievements, and what the future holds for this promising athlete. Early Life and High School Career…

  • Ice Spice Mom – The Rising Star Behind the Viral Sensation

    Ice Spice Mom – The Rising Star Behind the Viral Sensation

    The music industry is constantly evolving, and every once in a while, a new star emerges that captures the hearts and minds of audiences worldwide. Recently, one such star has made waves with her unique style and compelling story: Ice Spice. While much has been said about Ice Spice herself, there’s a growing interest in…

  • Lindsay Hubbard Announces Her First Pregnancy: All You Need to Know

    Lindsay Hubbard Announces Her First Pregnancy: All You Need to Know

    Lindsay Hubbard, the vibrant star of Bravo’s “Summer House,” has just announced some thrilling news—she is expecting her first child! Fans of the show and followers of Lindsay on social media have been eagerly awaiting updates from her life, and this announcement has certainly generated a wave of excitement. In this comprehensive article, we’ll dive…

  • Saks Fifth Avenue vs. Neiman Marcus: A Comprehensive Comparison

    Saks Fifth Avenue vs. Neiman Marcus: A Comprehensive Comparison

    Saks Fifth Avenue and Neiman Marcus are two of the most iconic luxury department stores in the United States. Known for their high-end fashion, exquisite accessories, and exceptional customer service, both retailers have carved out significant niches in the luxury market. This article delves into the history, offerings, customer experiences, and recent developments of these…

  • Ultimate Guide to Blade Ball Codes: Latest Updates and Tips for 2024

    Ultimate Guide to Blade Ball Codes: Latest Updates and Tips for 2024

    Blade Ball, a popular online game, has captured the hearts of players worldwide with its dynamic gameplay and engaging challenges. One of the key aspects that keeps players hooked is the use of codes that unlock various in-game rewards. In this comprehensive guide, we will delve into everything you need to know about Blade Ball…

  • Inter Miami Standings – A Swift Update You Should Know

    Inter Miami Standings – A Swift Update You Should Know

    Inter Miami CF, the Major League Soccer (MLS) team co-owned by David Beckham, has captured significant attention since its inception. Fans and soccer enthusiasts are keen to stay updated on the team’s performance, particularly its standings in the league. This article provides an in-depth look at Inter Miami’s current standings, recent performance, key players, and…