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  1. News - World - COURTS

    BlackBerry faces lawsuit accusing it of misleading investors over its future

    Posted Oct 07th 2013, 12:00am by AP

    ... Associated Press in Toronto BlackBerry faces lawsuit over future prospects A class action lawsuit has been filed against BlackBerry by a shareholder claiming the company misled investors about its future, including how the BlackBerry 10 smartphone line would fare against competitors. The lawsuit seeks to represent thousands of shareholders who purchased BlackBerry stock from ...

  2. 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 ...

  3. Business - Companies - TECHNOLOGY

    BlackBerry considers selling itself to revive ailing fortunes

    Posted Aug 13th 2013, 12:00am by AP

    ... Associated Press in Toronto BlackBerry mulls selling itself to revive fortunes BlackBerry will consider selling itself after the long-awaited debut of its new phones failed to turn around ... and boosting adoption of its BlackBerry 10 platform. The company said its options could also include joint ventures, partnerships or other moves. The Canadian company's stock jumped 5.2 per cent ...

  4. Business - Companies

    BlackBerry move away from consumers unlikely to stem decline

    Posted Sep 23rd 2013, 02:12pm by Reuters

    ... Alastair Sharp in Toronto BlackBerry’s plan to retreat from the consumer market in favour of its traditional strength serving businesses and governments is widely seen as a desperate move that industry watchers warn will only accelerate its downward spiral. The strategic shift and dramatic restructuring are fuelling fears about BlackBerry’s long-term viability. The uncertainty created ...

  5. Business - Companies

    Once-cool BlackBerry failed to keep pace with rivals

    Posted Sep 24th 2013, 09:00am by Agence France-Presse

    ... Rob Lever in Washington In just a short time, BlackBerry went from being the coolest gadget-maker on the planet to one apparently destined for the history books. The firm, which agreed to a US$4.7 billion buyout to take the firm private, appears close to a breakup, which might salvage some parts of the once high-flying Canadian tech pioneer. While BlackBerry was considered perhaps ...

  6. Business - Companies

    BlackBerry admits defeat as consortium bids US$4.7b to take it private

    Posted Sep 24th 2013, 08:40am by ALASTAIR SHARP, Andrea Hopkins

    ... Alastair Sharp and Andrea Hopkins in Toronto Smartphone maker BlackBerry has agreed to go private in a US$4.7 billion deal led by its biggest shareholder, allowing the on-the-go email ... Fairfax Financial Holdings, will set a floor for any counteroffers that might emerge for Blackberry, which has been on the block since August. As an investor, Fairfax chief executive Prem Watsa ...

  7. Business - Companies

    BlackBerry plans deep job cuts as new phone launches: report

    Posted Sep 19th 2013, 12:57pm by Reuters

    ... Reuters in Toronto BlackBerry plans to slash thousands of jobs by the end of the year, the Wall Street Journal reported on Wednesday, just as the company launches a flagship smartphone intended to revive its fortunes. Citing unnamed people familiar with the matter, the article said BlackBerry could cut up to 40 per cent of its staff and the layoffs will happen across job ...

  8. Business - Companies

    BlackBerry eyes spinoff of messaging service: report

    Posted Aug 28th 2013, 11:26am by Reuters

    ... Reuters in Toronto BlackBerry is considering spinning off its messaging service into a separate unit, the Wall Street Journal reported on Tuesday, quoting people familiar with the matter. The subsidiary would be called BBM, the newspaper said. A BlackBerry spokeswoman told Reuters the company cannot comment on rumour and speculation. Two sources familiar with the company’s thinking, who ...

  9. Business - Companies

    BlackBerry open to going private: sources

    Posted Aug 09th 2013, 02:55pm by Reuters

    ... Reuters in Toronto BlackBerry is warming up to the possibility of going private, as the smartphone maker battles to revive its fortunes, several sources familiar with the situation said. Chief executive Thorsten Heins and the company’s board is increasingly coming around to the idea that taking BlackBerry private would give them breathing room to fix its problems out ...

  10. Business - Companies

    BlackBerry investors to turn up the heat on management

    Posted Jul 08th 2013, 12:00pm by Reuters

    ... Reuters in Toronto and New York BlackBerry will likely face tough questions about its future at its annual meeting on Tuesday after dismal quarterly results last week triggered a 28 per cent plunge in the Canadian smartphone maker’s share price. Sales of BlackBerry’s make-or-break new line of smartphones in the quarter ended June 1 came in well below analysts’ expectations ...




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