Quantcast

All Posts Tagged Tag: ‘Blackberry’

BlackBerry Announces $4.4 Billion Third-Quarter Loss

BlackBerry today released its third quarter financial report and the results are about as dire as everyone expected. BlackBerry is reporting a $4.4 billion loss today, illustrating just how dire the situation is for the Canadian tech company. Over half of that loss ($2.4 billion) comes as part of a long-lived asset adjustment charge and over $1.3 billion related to …

Read More

Top Smartphones: Which Phone Rules The Roost?

With the holiday season well underway, perhaps you’re looking into buying a popular smartphone for a family member. Maybe your current phone hasn’t been so great and you’re hoping to find a new smartphone in your stocking this year. One stand out phone seems to have the most consumers buzzing this Christmas. The iPhone 5S is reported to be the …

Read More

BlackBerry Rumored to be Deemphasizing its Hardware

Even before BlackBerry released its BlackBerry 10 platform and smartphone early this year investors have been calling on the company to abandon its hardware ambitions. Whatever BlackBerry meant in the early part of the century, it was clear to nearly everyone that it had been overtaken by Apple and Android devices in the consumer smartphone market years ago. In many …

Read More

BlackBerry to Re-Focus on Mobile Enterprise Serivces

BlackBerry had a tough Fall. At the end of September the company announced yet another dismal quarter, this time with a nearly $1 billion loss. Those numbers led to an expected buyout by a group of investors led by Fairfax Financial Holdings. Funding for the deal fell through, and BlackBerry received only a $1 billion investment to keep it afloat …

Read More

HTC, BlackBerry Could Abandon the Tablet Market

As crowded as the smartphone market currently is, the tablet market might be even more so. While brands such as Apple and Samsung have begun consolidating the smartphone market in established regions, other players such LG, Sony, and a variety of smaller Chinese brands have begun to make headway in emerging markets. The landscape looks much the same in the …

Read More

BlackBerry Announces $1B Investment Completion with Fairfax

Things are beginning to shift around the BlackBerry Corporation, and the company’s most recent merger and acquisition is to be accredited for the deft changes. In a brief press release on Wednesday, BlackBerry announced the completion of its United States investment. Under the new investment plan, BlackBerry privately placed $1 billion in convertible debentures to its largest shareholder, Fairfax Financial …

Read More

Lenovo Bid For BlackBerry Reportedly Nixed By Canadian Government

The Globe and Mail this week reported that a proposed buyout of struggling Canadian tech firm BlackBerry was rejected by the Canadian government. The offer was from Lenovo, a Chinese tech manufacturer that recently topped HP in notebook shipments during the second quarter of this year. The Mail report cites unnamed “sources familiar with the situation” as saying the offer …

Read More

BlackBerry Buyout Fails, Thorsten Heins Ousted

Today BlackBerry announced that the proposed $4.7 billion buyout for the company has fallen through. Today was the final day that a consortium of interested buyers led by Fairfax Financial Holdings Limited had for due dilligence. The consortium has been unable to raise the cash for the proposed sale, and instead will be investing $1 billion in BlackBerry through a …

Read More

BBM Searches Are ‘Off The Charts,’ Especially For iPhone

A week ago, BlackBerry announced that Blackberry Messenger (BBM) had rolled out to Android and iPhone users as a free app, and since then, there has been a great deal of interest in it. A spokesperson for Yahoo tells WebProNews that searches for BBM are spiking by 7,674%. Meanwhile, searches for [bbm for iPhone] are spiking 4,754% and searches for …

Read More

Latest BlackBerry Layoffs Have Begun

As BlackBerry prepares for a possible $4.7 billion buyout, the company is getting itself into shape for both the sale and a shift in focus to its enterprise solutions offerings. In addition to the possible sale of some of its Ontario real estate, part of this process involves another round of huge layoffs that will see as much as 40% …

Read More

BlackBerry Announces New Mobility Management Cloud Service

BlackBerry is on its last legs. The company just released a devastating quarterly report detailing a $965 million loss. It is also on the verge of being bought out for $4.7 billion by a group of investors led by FairFax Financial Holdings. In both its buyout announcement and its quarterly report, BlackBerry emphasized that it would re-focus its efforts toward …

Read More

Google, Cisco Could Make Offers For BlackBerry

BlackBerry’s last-ditch effort to stay relevant in the smartphone industry with its BlackBerry 10 devices has failed, and the company is now for sale. Investors led by FairFax Financial Holdings announced last month that they will be raising money for a $4.7 billion buyout of BlackBerry. This occurred just days before BlackBerry revealed a $965 million quarterly loss on revenue …

Read More

Page 2 of 15«12345»10...Last »