RIM’s share prices surge with rumours that co-CEOs might be turfed

Research in Motion may have found a quick way to shake off a dismal third quarter (and that whole rowdy drunken execs fiasco): oust Mike Lazaridis and Jim Balsillie. The Toronto Star reports that the BlackBerry manufacturer’s stock climbed yesterday amid speculation that RIM’s board of directors would force the pair to give up their shared role as company chair. Given the public shellacking RIM has endured in recent months, any talk of a shake-up is bound to inspire new confidence. Although, according to the paper, the two men would “likely remain in their executive roles, meaning that major strategic changes at RIM might be hard to envision.” Meanwhile, all three models of the BlackBerry PlayBook are now available for the same low (low, low) price on the BlackBerry U.S. website. Note to RIM: we know you’re desperate, but you’re coming on a little strong. Read the entire story [Toronto Star] »