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  • August 22, 2014
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  1. 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 ...

  2. 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 ...

  3. 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 ...

  4. 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 ...

  5. 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 ...

  6. 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 ...

  7. Business - Companies - REMUNERATION

    BlackBerry chief to get US$55.6m in event of sale

    Posted Aug 17th 2013, 12:00am by BLOOM

    ... Bloomberg in Toronto BlackBerry chief to get US$55.6m in event of sale BlackBerry chief executive Thorsten Heins stands to make US$55.6 million if he sells the company and is ousted. That was the amount he was entitled to receive if BlackBerry had a change of control and Heins was pushed out by the new owners, a May proxy filing said. The figure, which includes salary, incentive payments ...

  8. News - World - BUSINESS

    Prem Watsa expected to take BlackBerry private

    Posted Aug 18th 2013, 12:00am by Reuters, GUARDIAN

    ... on BlackBerry Having left his home in India with just US$8 eight to his name,   Prem Watsa has built a fortune from championing apparently lost causes. Now, one such case might be BlackBerry. Just over a year ago, Watsa said Research in Motion, now re-named BlackBerry, was a "Canadian success story", a good buy and a likely turn-around story despite market-share losses. ...

  9. Comment - Insight & Opinion - LEADER

    Blackberry's failure to innovate

    Posted Aug 16th 2013, 12:00am by SCMP Editorial

    ... obsolete. BlackBerry is a case in point. Its mobile devices were once mandatory for corporate executives. Research in Motion, as its Canadian maker was formerly called, was the pride of a nation, ... this week that it is considering "strategic alternatives", meaning it is either up for sale or a tie-up with a stronger competitor. Either way, BlackBerry's days as a standalone ...

  10. Business - Companies - STRATEGY

    BlackBerry weighs exit from handset business eyes investments

    Posted Apr 11th 2014, 12:59am by Reuters

    ... Reuters in New York Struggling technology firm eyes investments and acquisitions to expand corporate reach BlackBerry may exit handsets in profitability push BlackBerry will consider ... specific, but said it should be possible to make money off shipments of as few as 10 million devices a year. At its peak, in its 2011 financial year, BlackBerry shipped 52.3 million devices. Last ...




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