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BlackBerry Will Rededicate Itself to Physical Keyboards
Jan 15, 2014BlackBerry will rededicate itself to physical keyboards as the company tries to regain its footing. Out of the four existing BlackBerry 10 smartphones, only the Q10 and Q5 have physical keyboards, and only the former is available ...
Tags: Blackberry, Physical Keyboard
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John Chen Has Sent an Open Letter to The Company's Customers
Dec 5, 2013New BlackBerry CEO John Chen has sent an open letter to the company's customers telling them that BlackBerry is "very much alive, thank you". The letter to customers is intended to reassure them that the investments that they have made in ...
Tags: Blackberry, New Blackberry CEO
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Kristian Tear Have Both Left The Company with Immediate Effect
Nov 27, 2013BlackBerry's chief operating officer, Kristian Tear, and chief marketing officer, Frank Boulben, have both left the company with immediate effect, while chief financial officer Brian Bidulka will leave at the end of the financial year, the ...
Tags: exec, BlackBerry, management, shake-up
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BlackBerry Has Continued Its Clear out of Top Level Staff by Removing COO,Kristian Tear
Nov 27, 2013BlackBerry has continued its clear out of top level staff by removing COO, Kristian Tear, and CMO Frank Boulben. Interim CEO, John Chen, who was appointed on November 4 after the ousting of Thorsten Heins, hasn’t hesitated to pull ...
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Lenovo Was Rebuffed in Its Attempt to Acquire Blackberry
Nov 7, 2013Lenovo, the Beijing-based PC and server maker, was rebuffed in its attempt to acquire smartphone maker BlackBerry by the Canadian government, which blocked its bid on national security grounds. According to Canada's Global and Mail ...
Tags: Computer Products, Blackberry
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BlackBerry Has Given up for Now on Finding a Buyer
Nov 6, 2013Foundering BlackBerry has given up for now on finding a buyer. Instead the smartphone company is seeking an infusion of cash from some investors, and shaking up its board and executive leadership. The company will also be getting a new ...
Tags: Computer Products, Blackberry
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BlackBerry Will Change Its CEO and Accept a US$1 Billion Loan
Nov 6, 2013BlackBerry will change its CEO and accept a US$1 billion loan from a consortium involving shareholder Fairfax Financial Holdings as it struggles with inventory and strategy problems. The company has abandoned plans to sell itself. CEO ...
Tags: Blackberry, Computer Products
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BlackBerry's Appointment Monday of Former Sybase CEO John Chen
Nov 6, 2013BlackBerry's appointment Monday of former Sybase CEO John Chen as its next executive board chair and interim CEO could be the best news in months for the struggling smartphone company. Chen is seen as someone who can give business ...
Tags: Blackberry, Computer Products, software
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Fairfax Financial Holdings Is to Invest $250m in Blackberry Via a $1bn Private Placement
Nov 5, 2013Fairfax Financial Holdings, the Canadian investment fund leading a takeover of smartphone maker BlackBerry, is to invest $250m in BlackBerry via a $1bn private placement of convertible debenture. The financing move marks the close of ...
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BlackBerry Has Quantified Just How Bad Business Is at The Moment
Sep 23, 2013Struggling smartphone maker BlackBerry has quantified just how bad business is at the moment, as users abandon its once-dominant platform. The company said it plans to record a GAAP net operating loss during the July to September quarter ...
Tags: Blackberry, smartphone, Consumer Electronics
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Morgan Stanley Is Delaying a Planned Upgrade of Its BlackBerry Smartphones
Sep 2, 2013Investment bank Morgan Stanley is delaying a planned upgrade of its BlackBerry smartphones because of fears about the Canadian firm's ability to support the latest BlackBerry 10 platform over the long term, according to Bloomberg. Two ...
Tags: Computer Products, BlackBerry, smartphone
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Production of BlackBerry Smartphone Devices Has Been Cut in Half After The Company's CEO
Aug 23, 2013Production of BlackBerry smartphone devices has been cut in half after the company's CEO, Thorsten Heins, effectively put the company up for sale. Heins, who under his contract of employment stands to earn more than $50m if the company is ...
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BlackBerry Is "Exploring Strategic Alternatives" for The Company
Aug 13, 2013Smartphone maker BlackBerry has announced that it is "exploring strategic alternatives" for the company, which may include break-up, taking the company private or its sale to a rival, such as Microsoft. "These alternatives could include, ...
Tags: Smartphone, BlackBerry
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Sales of Blackberry's 10-Series Devices Weighed in at Just 2.7 Million in The Last Quarter
Jul 1, 2013Sales of BlackBerry's 10-series devices weighed in at just 2.7 million in the last quarter - at the lower end of financial analysts' expectations. The news, conveyed as the company delivered its quarterly financial results, provoked a ...
Tags: Blackberry
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BlackBerry Shipped 6.8 Million Smartphones and Recorded a $84 Million Loss
Jun 28, 2013BlackBerry shipped 6.8 million smartphones and recorded a $84 million loss during the three months to June 1, as it struggles to turn around its fortunes. The first quarter of BlackBerry's fiscal year served as a referendum on how ...
Tags: Blackberry, Smartphones