BlackBerry offloads Canadian real estate

Struggling device maker BlackBerry intends to sell the majority of its real estate in Canada. The firm has teamed up with commercial real estate services provider CBRE Limited to strategically divest its portfolio.

BlackBerry’s pursuit of SAP personnel signals strategic shift

Canadian handset maker BlackBerry’s management restructure has continued with the appointment of Eric Johnson as president of global sales. Johnson is the fourth former SAP executive to join since John Chen took over as CEO, suggesting that the handset maker is looking to regain its focus on the enterprise market.

BlackBerry appoints ex-HTC/Sony exec as handset boss

Struggling Canadian device manufacturer BlackBerry has appointed a head of devices as part of its management shake up. Ron Louks will join the firm as president for devices and emerging solutions, reporting to executive chair and CEO, John Chen, as the firm looks to reverse its fortunes.

Blackberry replaces three key management figures

In the wake of Blackberry CEO Thorsten Heins’ departure following a $1bn investment in the company by Fairfax Financial Holdings, the Canadian handset manufacturer announced the departure of three more key management figures.

BlackBerry to be acquired by Fairfax for $4.7bn

Late Monday, in the wake of a significant warning on financial losses and job cuts, Canadian vendor BlackBerry announced its intention to be acquired by a consortium led by holdings company Fairfax Financial for $4.7bn.

4,500 jobs to go as Blackberry announces $1bn loss

Canadian device maker Blackberry has announced it expects to make a loss of approximately between $950m and $995m for its second fiscal quarter. In addition, the firm has announced restructuring plans that will see a reduction in staff of approximately 4,500 approximately 40% of the Company’s global workforce.

Manufacturers experiment with smartphone form factor

With the flat touchscreen form factor dominating smartphone form factor since the launch of Apple’s first iPhone, its handset manufacturing rivals are going back to the drawing board in an attempt to bring innovation back to form factor.

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 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.


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