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  • October 22, 2014
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  1. Business - Companies - TECHNOLOGY

    BlackBerry’s Passport to turnaround?

    Posted Sep 24th 2014, 03:14pm by Reuters

    ... Reuters in Toronto BlackBerry is set to launch an unconventional new smartphone dubbed the Passport, as it embarks on potentially the most critical phase of its long turnaround. ... that the company’s new devices and services are capable of generating sustainable new streams of revenue and returning it to profitability. “BlackBerry is still fighting for survival. They still need to turn ...

  2. Business - Companies - COMPANIES

    BlackBerry recovery progresses but gets no buyout offer

    Posted Jul 29th 2014, 01:26am by BLOOM

    ... Bloomberg in Portland BlackBerry recovering but gets no buyout offer BlackBerry has no acquisition offers on the table as chief executive John Chen seeks to remake the company. The handset ... margins. BlackBerry shares, which had increased 52 per cent this year before the Apple-IBM deal was announced on July 15, slumped 12 per cent the following day. As cost cuts, asset sales and cash ...

  3. Business - Companies - TECHNOLOGY

    BlackBerry brings back the keyboard

    Posted Jan 08th 2014, 03:42am by BLOOM

    ... Bloomberg in Toronto BlackBerry brings back the keyboard BlackBerry, which struggled to entice customers with touch-screen models last year, plans to return its focus to keyboard-equipped ... last year's BlackBerry 10 line-up fizzled with consumers- contributing to billions of dollars of write-downs. As part of his comeback plan, BlackBerry is refocusing on the corporate ...

  4. Business - Companies - TELECOMMUNICATIONS

    BlackBerry chief hires more former colleagues

    Posted Dec 21st 2013, 02:52am by Reuters

    ... Reuters in Toronto BlackBerry chief hires more former colleagues BlackBerry hired three more senior executives this week who previously worked with its new chief executive, bolstering a team charged with putting the stumbling smartphone maker back in stride. They are part of a growing cadre of familiar talent tapped by John Chen since he joined BlackBerry as chief executive ...

  5. Business - Companies

    BlackBerry ends buyer search after chief exits

    Posted Nov 05th 2013, 02:42am by AFP

    ... Agence France-Presse in Montreal BlackBerry ends buyer search after chief exits BlackBerry yesterday abandoned hopes of finding a buyer, and instead pegged its future on a US$1 billion ... of BlackBerry. BlackBerry chief executive Thorsten Heins, meanwhile, would step down after only one year in the job, and would be replaced on an interim basis by John Chen, a statement said. ...

  6. Business - Companies - TELECOMMUNICATIONS

    BlackBerry chief vows to rebuild empire

    Posted Nov 05th 2013, 01:08pm by Reuters

    ... Reuters John Chen is ready to prove the sceptics wrong with his plans to turn around the smartphone maker and build a sustainable business BlackBerry chief vows to rebuild empire John Chen, the man charged with breathing life into struggling BlackBerry, says he has no intention of killing the money-losing BlackBerry handset as he looks to turn around the smartphone maker. “I ...

  7. Business - Companies - TECHNOLOGY

    BlackBerry a casualty of the handset war as it lays off more workers

    Posted Sep 22nd 2013, 12:00am by NYT, Bloomberg, AP

    ... Agencies in Ottawa BlackBerry a casualty of handset war At their peak, just a few years ago, BlackBerry smartphones were symbols of corporate and political power. When US President Barack Obama took office, he made keeping his BlackBerry a personal priority, and when BlackBerry service had a hiccup, so did business on Wall Street. BlackBerry has announced it will be laying off ...

  8. Business - Companies

    Blackberry co-founders mull bid for struggling smartphone maker

    Posted Oct 11th 2013, 11:21am by Reuters

    ... Reuters in Toronto BlackBerry co-founders Mike Lazaridis and Douglas Fregin are considering a bid to buy the struggling smartphone maker, according to a securities filing on Thursday, ... control some 8 per cent of BlackBerry, the filing said. That compares with roughly 10 per cent controlled by Fairfax. Excluding Fregin’s shares, Lazaridis controls 5.7 per cent of BlackBerry ...

  9. Business - Companies - EARNINGS

    BlackBerry heads for fourth write-down

    Posted Sep 21st 2013, 12:00am by BLOOM

    ... Bloomberg in Toronto BlackBerry heads for fourth write-down BlackBerry's swelling inventory of unsold smartphones is approaching the US$1 billion mark, raising the chance the company will make its fourth write-down in two years when it posts earnings next week. BlackBerry reported a 47 per cent gain in the value of its inventory in the second quarter of the year, bringing ...

  10. Business - Companies

    Fairfax, one other, approached investors on BlackBerry: source

    Posted Sep 10th 2013, 10:41am by Reuters

    ... Alastair Sharp in Toronto BlackBerry’s biggest shareholder has approached several large Canadian investment funds about forging a deal to take the smartphone maker private, ... and its chairman and chief executive, Prem Watsa, has left BlackBerry’s board already to avoid any possible conflict of interest as the company assesses its strategic options. The source, who ...




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