tag: blackberry

BlackBerry eyeing sale or merger

The board of directors at Canadian device maker BlackBerry has formed a Special Committee to weigh up the idea of selling the firm or running it as a joint venture with a partner. The firm said it would “explore strategic alternatives to enhance value and increase scale in order to accelerate BlackBerry 10 deployment”. It admitted that possible alternatives could include “possible joint ventures, strategic partnerships or alliances, a sale of the Company or other possible transactions”.

Microsoft and Blackberry slash device prices

In a move that could suggest that their efforts to disrupt the mobile device ecosystem have been met with resistance from consumers, Microsoft and Blackberry have both slashed the prices of their devices.

Blackberry posts another severe loss

Struggling Canadian handset maker Blackberry has posted a $169m operating loss for 2Q13, with financial traders wiping off a whopping $2.1bn of the firm’s value as a result.

Canonical announces Telco steering group for Ubuntu

Open source software developer Canonical has established a Carrier Advisory Group for its Ubuntu smartphone OS. The group is to be led by David Wood, a former Psion engineer and one of the founder members of the original Symbian collaboration.

BlackBerry Messenger opens up to Android, iOS

Canadian firm BlackBerry (formerly known as RIM) plans to make its popular BlackBerry Messenger (BBM) application available on iOS and Android platforms later this year.

BlackBerry posts first-quarter profit

Canadian device maker BlackBerry is showing signs of stability after posting a $94m GAAP profit for 1Q13, representing almost a seven-fold increase on the $14m posted in the previous quarter, and up from the $118m loss it posted in the same quarter last year.

BlackBerry Messenger payment service debuts in Indonesia

A bank in Indonesia has developed the first mobile payments service for Canadian handset maker BlackBerry’s Messenger service (BBM). PermataBank has teamed up with British mobile banking solutions provider Monitise to roll out a commercial pilot of BBM Money in the country ahead of a full launch.

BlackBerry gets industry veterans on board

Canadian handset maker BlackBerry has appointed two industry veterans to its board of directors. Richard “Dick” Lynch, retired executive VP of US operator Verizon, and Bert Nordberg, former CEO at Sony Ericsson, join the firm as it looks to reverse its decline, with all bets on the newly launched BlackBerry 10 platform.

BlackBerry launches long awaited BB10 platform

Canadian handset manufacturer BlackBerry has unveiled its long-awaited BlackBerry 10 operating system. At an event in New York yesterday, CEO Thorsten Heins revealed two devices running on the OS and announced the new brand name of the company, which was formerly known as RIM.

BlackBerry 10: What the industry thinks

Despite having seen its market share drop considerably over the past two years and having delayed the launch of the platform several times, Canadian handset firm BlackBerry launched its BlackBerry 10 platform this week, still hoping to disrupt a smartphone market dominated by iOS and Android.

ANALYSIS: RIM bets the farm on BB10

Canadian BlackBerry maker RIM has a lot to prove wtih the launch of its Blackberry 10 (BB10) operating system later today. The handset vendor’s struggles have been much publicised—after posting disappointing financial results throughout last year it watched its share of the global smartphone market drop to just 4.1 per cent in 2012, according to data from Informa’s Intelligence Centre. In 2010 it had been more than 17 per cent.

Nokia in patent dispute with RIM

Embattled handset manufacturers Nokia and RIM are now locked in a dispute with each other over patents in the US, Canada and UK. The two firms are fighting over intellectual property they have licensed to each other since 2003, which enables phones to connect to wifi networks.

BlackBerry app downloads hit three billion mark

Canadian vendor RIM said it has now seen three billion apps downloaded for BlackBerry smartphones and the PlayBook tablet from its App World store, since it was launched in March 2009.

Is BlackBerry 10 good enough to save RIM?

Canadian Blackberry manufacturer RIM had a torrid 2011, in which it generated a lot of negative publicity by underperforming financially, experiencing a high profile outage, facing calls from shareholders to sell up and seeing its co-CEOs and founders step down. Its message to stakeholders during this difficult time has been a call for patience, with claims that the next software platform to be released will be a real game-changer. So the unveiling of the BlackBerry 10 platform this week was met with great expectation.

RIM warns of operating loss

Embattled BlackBerry maker RIM has warned that it expects to post an operating loss in its fiscal first quarter.The firm said it has now has hired JP Morgan and RBC Capital to conduct a far-reaching strategic review and to look for partnerships, while also announcing plans to cut a “significant” number of jobs.

RIM aims to bounce back with BB10 platform

Canadian handset maker RIM has showcased its BlackBerry 10 platform at its BlackBerry World conference in Orlando, Florida. The firm has also released the initial developer toolkit for native and HTML5 software development.

RIM to refocus on enterprise, says CEO

Research In Motion CEO Thorsten Heins has outlined a strategic overhaul of the Canadian device vendor aimed at refocusing the company on its enterprise service roots. But he conceded simultaneously that many of the firm’s traditional strengths are no longer valued as highly as they once were by its customer base.

RIM co-CEOs step down

RIM has appointed a new CEO after increasing shareholder pressure and a poor financial performance in 2011. Thorsten Heins will take over as president and CEO, with former co-CEOs Mike Lazaridis and Jim Balsillie stepping down. Lazaridis will become vice chair of RIM’s board and chair of the board’s new Innovation Committee and Balsillie will remain a member of the Board.


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