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metronews.ca Tuesday, November 5, 2013

CEO Thorsten Heins out

BlackBerry hires turnaround expert A well-connected U.S. tech industry veteran with a track record on turnarounds, John Chen has been named to lead troubled Canadian mobile telecommunications giant BlackBerry Ltd., the company announced Monday. As executive chairman, Chen will be responsible for its strategic direction, strategic relationships and organizational goals. The move came as BlackBerry failed to attract a buyer for the company by Monday’s deadline. TORSTAR news service

Random biz fact of the day

1 in 3

1 in 3 employers rejected candidates based on something they found about them online.

09

And the Oscar goes to ... Netflix for The Square? Netflix has acquired the firstrun rights to a documentary on the Egyptian protests in Cairo’s Tahrir Square, signalling a new push by the subscription company to program movie premieres. The Square will debut exclusively on Netflix early next year, Netflix announced Monday. Jehane Noujaim’s documentary depicts the tumult of the Egyptian Revolution beginning in 2011. The Square is also having a short theatrical run that will qualify the film, an awardwinner at the Sundance and Toronto film festivals, for Oscar consideration.

The Square will debut exclusively on Netflix early next year. Noujaim Films/the associated press

In a letter to shareholders this year, Netflix executives said the company would expand its growing library of original content beyond shows like House of Cards and would seek to add “broadly appealing documentaries.” THE ASSOCIATED PRESS

Market Minute

DOLLAR 95.99¢ (+0.09¢)

TSX 13,361.73 (+24.27)

OIL $94.62 US (+1¢)

BEHIRING/NEXCAREER

Natural gas: $3.44 US (-4¢) Dow Jones: 15,639.12 (+23.57)

GOLD $1,314.70 US (+$1.50)

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Help us cut the Red Tape – visit chfa.ca today.


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