Former Miami Mayor Manny Diaz pens book about reinventing the city




















Former Miami mayors don’t usually write books anyone would want to publish, much less read.

Then there’s Manny Diaz. Whether you admire him like many in Miami and across the country do, or excoriate him as some at home did, Diaz was hardly shy about embracing big plans and notions. And few would disagree that the city was a far different place when he exited City Hall in 2009 after two terms in office.

So it should come as no surprise that Diaz has written a book for a national audience, recapping his greatest hits as mayor. Recall police reform and Irish-cop Chief John Timoney, Midtown Miami, the downtown condo boom, the “mega-plan’’ and the innovative Miami 21 zoning plan. It’s been published by the über-serious University of Pennsylvania Press. No vanity press project, this.





But Miami Transformed: Rebuilding America One Neighborhood, One City at a Time, is no policy wonk-fest, either. A breezy read at just over 200 pages — index and foreword by New York mayor and Diaz buddy Michael Bloomberg included — the book is meant as a concise case-study of how a poor, crime-ridden and economically stagnant medium-sized city can be swiftly transformed into a flourishing, swaggering metropolis with a hurtling skyline and its own Tom Wolfe novel.

“I wanted to keep the book short and easy to read,’’ said Diaz, who will appear at the Freedom Tower for the Miami Book Fair International on Friday evening. “You can lose someone with a 750-page book really fast. So it’s sort of conversational, talking about how we got to where we are.’’

If features, of course, an ambitious Cuban-refugee protagonist who arrived as a 6-year-old child, grew up happy in Little Havana despite poverty, studied hard and became a successful lawyer and behind-the-scenes political fundraiser and operative. Then he was thrust into the spotlight by the curious case of another young Cuban refuge-seeker: the rafter-child Elián González, whose Miami relatives Diaz famously represented.

Diaz was in the family home in Little Havana, working on last-minute negotiations, when the Border Patrol broke down the door at gunpoint to take Elián, and says he still feels betrayed by then-U.S. Attorney General Janet Reno, a former Miami-Dade state attorney who ordered the raid.

There is little inside baseball and only a few reveals: For instance, Diaz earned $1.10 an hour working as a janitor at Belen Jesuit Prep, where he was a student, under a federal jobs program.

All this and more is quickly recounted before Diaz, who wrote the book with longtime collaborator Ignacio Ortiz-Petit, gets into the heart of the matter: The eight years he served as mayor, which coincided with a dramatic real-estate boom and helped usher Miami into the rank of world cities with a changed downtown, regenerated neighborhoods, a growing, young population and the kind of buzz even the best promotional hype can’t buy.

The overriding goal of his administration, Diaz writes, was to bring the middle-class back to Miami from the suburbs by improving substandard city services, fostering both private development and affordable housing, and rebuilding crumbling streets. He also focused on creating alluring amenities, including parks, museums, and arts and cultural institutions, which he says are proven economic generators.





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Xbox Live Celebrates 10 Years of Connecting Gamers
















Thursday marks the tenth anniversary of Xbox Live, Microsoft’s online gaming platform for the Xbox and the Xbox 360.


[More from Mashable: Steve Ballmer Hints at Microsoft Building More Hardware]













For the last decade, Xbox Live has offered both a marketplace and online play space for gamers. It started in 2002 on Microsoft‘s original Xbox console; Xbox spokeperson Larry Hryb, better known as Major Nelson, said it launched with games like Ghost Recon, MechAssault and NFL Fever.


Now Xbox Live serves as a complete entertainment package for the Xbox 360. Players can still compete online and connect with others, but can also access all kinds of other services through their Xbox 360 as the console moves to position itself as a living room centerpiece. Streaming services like Netflix, Hulu Plus, Pandora, HBO Go, ESPN and NBA Live, as well as on-demand movies from Zune. During this year’s election, Xbox Live offered full access to the debates and election coverage, thanks to a partnership with NBC.


[More from Mashable: New ‘Grand Theft Auto V’ Trailer Takes Game Violence to the Next Level [VIDEO]]


There are about 30 million Xbox Live subscribers, each with their own unique gamertag. Xbox Live was instrumental in the widespread adoption of achievements on games, which players unlocked for completing different in-game challenges. According to Hyrb’s Twitter account, gamers have unlocked 14.5 billion achievements in the past decade.


Xbox Live is the only online network on consoles that charges its users, at $ 60 a pop for a 12-month subscription.


To celebrate today’s anniversary, some long-time Xbox Live subscribers are receiving special edition Xbox 360s, according to Hyrb’s Twitter feed. Hyrb is also giving out one-year subscriptions to Xbox Live on his Twitter all day Thursday.


Do you have fond memories of playing Xbox Live in the past decade? Please share them with us in the comments.


1. Triforce Lamp


Know a Zelda fan in need of some power, wisdom and courage? This beautiful wood and acrylic lamp can be hung or shelved. The pixelated carvings on each side warm the room with dappled light. Price: $ 95.00


Click here to view this gallery.


Image courtesy Rodrigo Denúbila, Flickr.


This story originally published on Mashable here.


Gaming News Headlines – Yahoo! News



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Lily Collins Battles Creatures of the Underworld in 'The Mortal Instruments: City of Bones'

Mirror Mirror star Lily Collins faces a variety of decidedly nasty demons, warlocks, vampires, werewolves and other deadly creatures in the upcoming thriller The Mortal Instruments: City of Bones, and we have a look at the action-packed trailer!

Pics: More 'Twilight' Photos!

Based on Cassandra Clare's best-selling book series, City of Bones casts Collins as Clary Fray, a seemingly ordinary teenager who discovers that she is part of a line of Shadowhunters, a secret force of young half-angel warriors locked in an ancient battle to protect our world from demons. After the disappearance of her mother (Lena Headey), she must embrace her fate and battle supernatural forces in a dangerous alternate New York City called Downworld.

Related: Lily Collins is a 'Modernized' Snow White

In theaters August 23, 2013, The Mortal Instruments: City of Bones also stars Jonathan Rhys Meyers, Jared Harris, CCH Pounder, Jamie Campbell Bower, Robert Sheehan, Kevin Zegers, Kevin Durand, Aidan Turner, Jemima West and Godfrey Gao.

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Pure self-defense









headshot

Benny Avni





After launching Israel’s first major military campaign of the Arab Spring era, Jerusalem is watching closely for reactions around the region — and in Washington.

President Obama, who has so far admirably backed Israel’s right to defend its citizens, will play a major role in this unfolding drama. How long will his support last?

To be sure, Operation Pillar of Defense (it’s actually “Pillar of Cloud” in Hebrew, a Biblical reference) wasn’t conceived as a test of Israel’s neighbors or the world. It was launched Wednesday to end weeks of rocket attacks from Gaza and a growing strategic threat.





Innocents at risk: Israelis taking shelter this week against Hamas rockets in a large concrete pipe used as a bomb shelter in Kiryat Malachi.

Getty Images



Innocents at risk: Israelis taking shelter this week against Hamas rockets in a large concrete pipe used as a bomb shelter in Kiryat Malachi.





Until Wednesday, Prime Minister Benjamin Netanyahu’s image was that of a tough-talker who’s actually extremely cautious about using the military.

Indeed, Netanyahu’s first term as prime minister, last decade, was the only premiership in Israeli history unmarred by war — and he could’ve easily sailed to victory in the Jan. 22 national election with the same record in this term.

Hamas’ leaders certainly saw Bibi as war-shy; they’ve been attacking southern Israel for weeks, apparently believing they could do so with impunity. They escalated the shooting, then started crowing about it — abandoning their past pretenses that small factions they couldn’t control were responsible.

The group’s military leaders no longer even sought shelter as the rockets rained down on Israel.

Oops: On Wednesday, an Israeli drone obliterated a car carrying one of those leaders, Ahmad Jaabari.

The pinpoint hit was not only based on impeccable intelligence, but also instantly documented on video for anyone with a Twitter account to see.

Over several years, Jaabari had transformed Hamas from a ragtag collection of disparate Islamist groups into a well-organized army. As its military commander, he masterminded numerous attacks against Israel, including the 2006 kidnapping of Sgt. Gilad Shalit.

Crucially, Jaabari used Iranian support to build an impressive arsenal, including dozens of long-range Fajr-5 missiles that can reach Tel Aviv — a strategic threat that Israel couldn’t ignore.

And didn’t: Before Hamas had time to catch its breath after the Jaabari execution, IDF air and naval assets launched a quick second phase, eliminating most of Gaza’s Fajr launchers and depriving Hamas of its “doomsday” weapon.

With that one-two punch, the IDF got its mojo back. It’s now continuing mop-up operations, trying to inflict maximum harm on Hamas’ military infrastructure.

As Hamas armed these last few years, Israel was creating (with US help) the Iron Dome anti-missile system, which proved to be a game-changer this week, intercepting over 80 percent of the hundreds of missiles launched from Gaza since Wednesday.

A couple of Fajr missiles did manage to survive the first-day attack, reaching the Tel Aviv area yesterday and landing in vacant lots. Three Israelis were also killed in the southern town of Kiryat Malachi.

Meanwhile, the IDF has managed to keep the Gaza noncombatant casualty count relatively low so far — considering that Hamas placed its missiles in densely-populated areas.

Yet Arabs across the region are understandably irate. Rulers like Egypt’s President Mohammed Morsi must play a delicate game. Cairo recalled its ambassador from Tel Aviv and got the UN Security Council to convene a symbolic “emergency” session Wednesday night.

Then again, Morsi has so far managed to rebuff the Islamist advisers who want him to nullify the peace treaty with Israel. And Egyptian intelligence officers are starting to mediate a cease-fire, using their established ties with Israel and Hamas.

But today Egypt’s prime minister, Hisham Qandil, plans to visit a Gaza mosque for Friday prayers. How long canMorsi ride the tiger of rising street anger?

Obama can help. He was likely informed of Israel’s intended action on Monday, when Netanyahu’s national security adviser, Yaakov Amidror, quietly visited the White House. On Wednesday, Obama spoke with Morsi on the phone, seeking to influence his next moves.

Publicly, the president expressed nearly unqualified support for Israel. But he’s under pressure from US allies in the region, including key Hamas supporters Turkey and Qatar, to reverse course. And some in his inner circles may see this as an opportunity to finally “put some distance” between America and Israel.

Tehran is watching. The mullahs may see the Gaza fight, and its effect on a region in turmoil, as a dress rehearsal for the much-discussed military confrontation over Iran’s nukes.

But even if Obama remains adamantly opposed to such confrontation, he’d be ill-advised to qualify America’s support for Israel’s current war against terrorists.

After all, it’s small-scale, intel-based, drone-fueled, assassination-rich warfare — the approach we’re now using in our wars.

beavni@gmail.com



Have a comment on this PostOpinion column? Send it in to LETTERS@NYPOST.COM!










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Steve Wozniak, Chris Hughes share tales with Coconut Grove audience




















Co-founders from two of Silicon Valley’s most innovative companies gave a South Florida audience a glimpse into the early days of developing the technology that would reshape the world.

Steve Wozniak, of Apple, and Chris Hughes, of Facebook, were back-to-back speakers for the three-day Americas Business Council’s Continuity Forum that wrapped up Wednesday at the Ritz-Carlton in Coconut Grove.

The conference brought together innovators, activists, and thought leaders in entrepreneurship and philanthropy and also showcased 32 emerging social entrepreneurial ventures from around the Americas.





On Wednesday afternoon, both men relayed plenty of stories.

As a teenager, Wozniak used to hole up in his bedroom on the weekends, designing a computer on paper.

And he made a game of it — every weekend he would try to make a machine that would work just as well or better but cost a little less than the last design.

That engineering mentality to build things more efficiently as well as the desire to learn never left him, he told the audience. “I would buy my college books on a Friday and be halfway through before the first class on Monday.”

Then he met Steve Jobs, and began working with him on a variety of projects. “Steve Jobs was a hippie with no money. I was an engineer with no money. We had to think creatively. I designed projects for fun, and he would figure out how to make money,” Wozniak recalled as he told how he invented the Apple I and Apple II that started it all and the company’s ups and downs through the years. He called the iPhone the greatest product ever.

As one of the Facebook co-founders that lived in the famous Harvard dorm room, Chris Hughes said the movie The Social Network got a lot of things wrong.

“Our dorm wasn’t like a luxury condo, there was no sex in the bathroom, as far as I know. An alcohol-fueled hackathon, while it looked like a lot of fun, didn’t happen.”

Hughes told the real story of Facebook and described his roommate Mark Zuckerberg as “highly analytical and very skeptical of conventional wisdom.” What the movie did get right, Hughes told the crowd: “Facebook is the defining example of American ingenuity and entrepreneurship of the 21st century.” And at the core: “There’s a new universal respect for the entrepreneur.”

Hughes, now owner and publisher of The New Republic, also talked about his current passion: How to use mobile and social technologies to support serious long-form journalism into the 21st century.

“Conventional wisdom says this kind of journalism isn’t sustainable. Cynics say the golden age of journalism has past,” said Hughes.

Yet, over the past six months Hughes said it is the long, in-depth New Republic stories that have gone viral.

“Folks are reading just as much news today, if not more. ... We have an opportunity to deliver it across a limitless number of devices. [These trends] all come together to suggest … we are entering a true golden age of journalism.”





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More I-595 ramp changes coming to Hiatus, Flamingo exits




















A major ramp change beginning Friday morning will affect how drivers get off westbound Interstate 595 at Hiatus and Flamingo roads. At 5 a.m. Friday, the combined off-ramp will open, and the current ramps will permanently close.

Drivers trying to enter westbound I-595 from Nob Hill or Hiatus roads will find those on-ramps closed. Instead, they’ll travel west on State Road 84 and merge onto I-595 just east of Flamingo.

The changes are designed to improve traffic flow and eliminate weaving caused by traffic entering I-595 in the same spot as traffic trying to get to the next exit.





Read the full story at Sun-Sentinel.com.





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Soros Ex-tra









headshot

Jennifer Gould Keil





Susan Weber Soros (pictured), ex-wife of billionaire George Soros, can easily afford to buy a new trophy home even though she’s still trying to find a deep-pocketed buyer for her current residence.

She just purchased an East 70th Street townhouse near Park Avenue for its full $22.5 million asking price. The five-floor mansion, which was listed by Brown Harris Stevens broker Paula Del Nunzio, was built in 1869 and offers 6,660 square feet with five bedrooms, four-plus bathrooms, an elevator, two terraces and a chef’s kitchen and breakfast room in a glass gazebo that leads to the 26-foot-deep garden.





Dave Allocca/Starpix



Doutzen Kroes




ANDREAS BRANCH/PatrickMcMullan.c



Susan Weber





Soros still has her 6,000-square-foot, five-bedroom unit at the Majestic on Central Park West listed for a show-stopping $50 million. Fully furnished, it comes with a separate, one-bedroom “staff” apartment.

Supermodel takes a peek

Dutch damsel/Victoria’s Secret angel Doutzen Kroes (pictured) is on the hunt for a townhouse to share with DJ husband Sunnery James and their 1-year-old son, Phyllon Joy Gorre,

Our spies spotted her traipsing through Chelsea, where she looked at one $4.5 million listing. Kroes was No. 5 on Forbes’ 2012 list of highest-paid models, with $6.9 million in yearly earnings.

Fifth dimensions

A four-bedroom, 3 1/2-bathroom, 3,335-square-foot condo at 1049 Fifth Ave., the building that’s been home to Mariah Carey and Rush Limbaugh, is on the market for $13.5 million. The apartment features stunning Central Park Reservoir views, with a living room, formal dining room, library and breakfast room that all face the park.

Broker Carol Staab of Prudential Douglas Elliman has the listing.

Majestic indeed

Famed collage artist Barbara Kruger, known for her layered black-and-white photos overlaid with bold red captions, is in contract to buy a penthouse loft at the Majestic on Central Park West.

The apartment, which had a $2.25 million asking price and is billed as “an art lover’s dream,” was designed by architects Tod Williams and Billie Tsien. The one-bedroom, one-bathroom co-op offers “breathtaking, panoramic views” of Central Park and Fifth Avenue. Customized features include museum-quality lighting and motorized shades.

Broker Michael Graves of Core had the listing.

Better Laight

Michael Rennie, a director at consulting firm McKinsey’s Sydney office, has just sold his TriBeCa penthouse at 48 Laight St. for $4.52 million.

The buyer, businessman Anthony Imperapo, who bid significantly above the $4.25 million asking price, will get three bedrooms and three bathrooms in its 2,566 square feet.

The sprawling residence is a full-floor loft with 12-foot-ceilings, a “state-of-the-art chef’s kitchen” and floor-to-ceiling casement windows with downtown views. The apartment also has a 900-square-foot private terrace.

The buyer was represented by Corcoran Group brokers Victoria
Terri-Cote and Cristina Cote. The seller was represented by Tim Cass, also of the Corcoran Group.

Checking in

Some downtown celebrities displaced by Hurricane Sandy are now staying at the Mercer Hotel. Among the temporary residents at the SoHo mainstay are Courtney Love and Colin Farrell, both of whom have been spotted at the hotel by our spies. The 75-room boutique property is the sister hotel of Hollywood’s Chateau Marmont.










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How to make the time for giving back




















Erin McHugh had been working as a book seller during the day and author at night. Her jammed packed work schedule left her little time for volunteering. Feeling unfulfilled, she decided to try an approach she could squeeze into her routine — one small good deed every day for a year.

Her deeds ranged from taking a senior out for ice cream to donating books to the local library. As she started blogging about her mission, others piped in. “I realized the small stuff is what people could relate to. Asking someone to take a whole day off and do something in the community is too hard for some people.” McHugh turned her personal mission into a book, One Good Deed: 365 Days of Trying to Be Just a Little Bit Better, which she will speak about at the 29th Miami Book Fair International on Saturday.

Much like McHugh, American workers are finding ways to participate in volunteering, even as their work hours increase. Among men and women in professional and managerial positions, a whopping 38 percent of men and 14 percent of women worked 50 hours or more per week in 2011. At the same time, the volunteer rate rose by 0.5percentage point to 26.8 percent for the year, with more than 64 million people volunteering at least once, according to the Bureau of Labor Statistics.





For some, a large volunteer commitment can lead to productivity loss. Not long ago, I spoke with an accounting firm partner whose term as president of a nonprofit organization had just ended. She was eager to return her full attention to her job and confessed her practice had suffered from the voluminous hours she put into her volunteer role.

There are ways to help you fit charity/volunteer work into your work-life balance.

•  Multi-task. Volunteer work poses an opportunity for multi-tasking. It can double as a way to raise your business profile, squeeze some exercise into your agenda, or meet a romantic partner.

Detra Shaw-Wilder, a litigation partner at Kozyak Tropin & Throckmorton, focuses her volunteer involvement in efforts to increase minority lawyers in the legal profession. “All my dollars, time and energy go into that,” she says. At the same time she is donating time to bar associations, she also is building a reputation and connections in the legal community. “The way to balance is to find things that have a return for you personally and professionally,” she says.

Meanwhile, Adrianna Truby, a teacher at Miami’s Palmer Trinity School, takes a different approach, participating in the growing trend toward combining exercise with volunteer work. An avid runner, Truby has become a captain for Team in Training, a program sponsored by the Leukemia & Lymphoma Society-South Florida chapter. Truby spends her Saturdays training volunteers to run marathons and personally runs to raise money for the organization. “Lots of people aren’t motivated on their own. It’s easier for them to join a group, get healthy and raise money for charity.”

Some volunteers get involved in philanthropy to meet a like-minded romantic partner. The Lopezes volunteer to bond as husband and wife. Together, Marile and Jorge Luis have chaired three fundraising galas for organizations they have a passion for such as the Miami Children’s Hospital Foundation. Jorge Luis, who heads a law firm, and his wife, Marile, who works as chief financial officer for the firm, have five children and spend their leisure time giving back. “We focus the volunteer work we do on children’s causes,” Marile says. “We make it a collaborative effort.”





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Parkland pot grower guilty of murder




















For five years, Edwin Febonio has been waiting for his son’s murderer to be brought to justice.

When a jury Tuesday convicted former Parkland pot-grower Jose Alfaro of second-degree murder for shooting Stephen Febonio in the back of the head, stuffing his body in a freezer and burying it in a Delray Beach yard, the dead man’s 78-year-old father wiped tears from his eyes and hugged one of his son’s lifelong friends.

“I’m real happy,” the elder Febonio, a retired Peabody, Mass., police officer, said outside the courtroom.





Alfaro, who bragged about his lucrative marijuana grow-house business but insisted he wasn’t a murderer when he testified in his defense, showed no emotion as Palm Beach County sheriff’s deputies slapped on the handcuffs to take him back to jail. Attorney Michael Cohen said he was glad his 31-year-old client avoided a first-degree murder conviction.

“You’re never satisfied with a guilty verdict,” he said. But the jury’s decision may mean Alfaro could one day walk free, he said.

Prosecutors Aleathea McRoberts and Cheryl Caracuzzo said they are hoping he doesn’t. They said they will ask Palm Beach County Circuit Judge Richard Oftedal to send Alfaro to prison for life when he is sentenced Jan. 2.

Further, they said, because the jury found Alfaro guilty of using a firearm to kill Febonio, he will spend at least 25 years in prison with no ability to earn gain time. If he gets a life sentence, he will die in prison because Florida abolished parole more than 20 years ago.

“We’re satisfied we did the right thing,” McRoberts said.

The 2007 murder confounded sheriff’s detectives for two years. A note Febonio, 45, left with his parents before his disappearance provided clues but no proof of his murder. If he disappeared, he told them to contact federal agents.

He stumbled onto Alfaro’s marijuana operation when he did construction work for him. Febonio threatened to tell police about the enterprise if Alfaro didn’t pay him the $10,000 he was owed.

Eventually, some of those involved in the operation began cooperating with sheriff’s Detective Sean Oliver. The detective found Febonio’s body in a freezer buried in the backyard of a house Alfaro rented in Delray Beach. Alfaro fled to New York, where he was arrested.

During his testimony last week, Alfaro turned the tables on his accusers. He claimed an “associate” who helped Oliver build the case against him was the trigger man. He claimed the associate, Doc Morrow, shot Febonio in Alfaro’s Parkland home. At the time, he said he was at a friend’s house smoking pot.

Prosecutors challenged Alfaro’s claims, pointing out that he had never denied his involvement, much less fingered Morrow. Why, they asked, didn’t he tell investigators if he was innocent?

Alfaro responded: “If I’m going to tell anybody it’s going to be a jury. I’m not going to cooperate with law enforcement.”

Cohen claimed the prosecutors violated Alfaro’s constitutional rights by putting his client in the position of having to prove his innocence.

Alfaro also faces federal charges for stealing a man’s identity, which he used to get a passport. He tried to use it to flee to Costa Rica, but authorities there denied him entry.

In the meantime, Edwin Febonio said he was anxious to tell his wife that their son’s killer had been convicted. While he attended every day of the weeklong trial, he said he purposely didn’t look at some of the more grisly evidence of his son’s murder.

“I want to remember him the way he was,” he said.





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RIM to release new BlackBerrys soon after Jan. 30
















TORONTO (AP) — Research In Motion Ltd. will release its much-delayed BlackBerry 10 smartphones “not too long” after a launch event on Jan. 30, a senior executive said Tuesday.


Chief Operating Officer Kristian Tear said the company is still fine-tuning the new phones.













The new phones are seen as critical to RIM‘s survival as the smartphone pioneer struggles in North America to hold on to customers who are abandoning BlackBerrys for flashier iPhones and Android phones. The new BlackBerry 10 system is designed for the touch screen, Internet browsing and apps experience that customers now expect. RIM’s current software is still focused on email and messaging and is less user-friendly, agile and robust than iPhone or Android.


On Monday, RIM said details on the BlackBerry 10, including specific availability, will be announced at the event. A touch-screen-only device is expected to be released first followed shortly after by a version with a physical keyboard. Many people still gravitate to BlackBerrys specifically for their physical keyboards, and RIM hasn’t succeeded in the past with touch-only offerings.


Tear said RIM wants to be the No. 1 mobile computing platform, despite the dominance of Apple and Android. He said the Waterloo, Ontario-based company believes it can compete with Silicon Valley because it has access to a lot of talented people and two great universities in the area. He said he’s been involved in two turnarounds before with Sony Ericsson and Ericsson and believes in RIM’s new management.


“It’s not going to be easy,” Tear said. “But everybody is super-focused and super-commited. We’re going to show the world that we are turning this around.”


Steve Zipperstein, RIM’s new chief legal officer, said RIM invented the smartphone and has been the innovator in the mobile space for a long time.


“We’re not going away,” Zipperstein vowed. “We’re going to succeed with BB 10. We’re going to impress our customers. We’re going to fight every day.”


Tear and Zipperstein were hired this past summer by CEO Thorsten Heins, who took over RIM in January after it lost tens of billions of dollars in market value. Heins had vowed to do everything he could to release BlackBerry 10 this year but said in June that the timetable wasn’t realistic. The new BlackBerrys will be released after the holiday shopping season and well after Apple’s September launch of the iPhone 5.


Heins is counting on BlackBerry 10 for a turnaround.


RIM’s platform transition is happening under a new management team and as RIM lays off 5,000 employees as part of a bid to save $ 1 billion this year.


RIM was once Canada‘s most valuable company with a market value of more than $ 80 billion in 2008, but the stock has plummeted since, from over $ 140 per share to around $ 8. Its decline evokes memories of Nortel, another former Canadian tech giant, which declared bankruptcy in 2009.


RIM’s stock fell 41 cents, or 4.7 percent, to close at $ 8.40 Tuesday in New York after rising as high as $ 9.07 the previous day, when RIM announced its Jan. 30 launch date.


Gadgets News Headlines – Yahoo! News



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