Smartphones have their own mobile operating system. The first smartphone to find a widespread market was the Blackberry, but that quickly lost ground after Apple introduced the iPhone in 2007. That was followed by smartphones powered by Google’s Android mobile operating system.

From hero to zero... BlackBerry’s faces slumping market share and cut-throat competition. Photo: AP

By going private, Blackberry may buy time to fix itself

A tentative deal to take BlackBerry private will not necessarily resolve challenges that pushed the smartphone maker into a corner in the first place, but it gives the struggling company some breathing room.