BlackBerry agrees to $4.7 billion buyout by Fairfax-led consortium
Jun19

BlackBerry agrees to $4.7 billion buyout by Fairfax-led consortium

BlackBerry announced Monday it has agreed to a $4.7 billion buyout through a consortium of investors who plan to take the struggling Canadian smartphone maker private. The corporate mentioned in a observation that it has “signed a letter of intent agreement under which a consortium to be led by Fairfax financial Holdings limited has supplied to obtain the corporate topic to due diligence.” Fairfax, a Canadian agency headed...

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BlackBerry C-series entry-level full-touch BB10 handset gets leaked
Jun10

BlackBerry C-series entry-level full-touch BB10 handset gets leaked

Even supposing BlackBerry not too long ago announced that it will cut back the selection of smartphones in its product portfolio from six to four, after it stated it expected dismal outcomes, and a shift of focal point to undertaking, it seems love it’s been engaged on a new full-touch BlackBerry 10 smartphone, which has made an appearance in a new leak. BlackBerry focused web site, BBin.in, revealed a picture of what it claims...

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BlackBerry reports nearly $1 billion quarterly loss for Q2
Jun07

BlackBerry reports nearly $1 billion quarterly loss for Q2

BlackBerry Ltd stated a nearly $1 billion quarterly loss on Friday, days after accepting its greatest shareholder’s tentative $four.7 billion bid to take it out of the public eye. BlackBerry, which had warned of the implications on September 20, mentioned its net loss for the 2d quarter ended on August 31 was $965 million, or $1.84 a share, while income fell 45 p.c to $1.6 billion from a yr past. The loss incorporated a pretax...

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Almost one third of all apps on BlackBerry World developed by a single developer
Jun04

Almost one third of all apps on BlackBerry World developed by a single developer

While app numbers are a key to a cell platform’s success, seems BlackBerry’s taken it actually significantly. a new revelation reveals that just about one-third of its apps were developed by means of only one developer. According to a record with the aid of BerryReview, more than 47,000 apps in BlackBerry World, BlackBerry’s app and content marketplace, are supplied by way of a single developer by way of the identify...

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BlackBerry says to explore strategic alternatives
May28

BlackBerry says to explore strategic alternatives

Canadian smartphone maker BlackBerry has arrange a committee to explore strategic choices, together with joint ventures, partnerships or a sale of the company, Blackberry said on Monday Univers Inform. Former Goldman Sachs executive Timothy Dattels, a BlackBerry board member, will chair the new committee, as a way to additionally embody Blackberry Chief government Thorsten Heins. “Given the significance and potential of our...

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