Blackberry

BlackBerry stock freeze amid billion dollar losses and 4,500 job cuts

BlackBerry stock freeze amid billion dollar losses and 4,500 job cuts

BlackBerry shares ceased trading today, with the stock frozen as the struggling Canadian company announced 4,500 job losses and plans to "refocus" on enterprise and prosumer customers rather than the mass market. The decision to hold stock, which had dropped 2.4-percent on Friday, comes as BlackBerry predicts a huge operating loss in fiscal Q2 of between $950m and $995m. The company will announce its official financial results for the most recent quarter next week.

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BBM for Android and iOS release dates confirmed

BBM for Android and iOS release dates confirmed

While the app is not yet available for download, we can finally put the BBM release date rumors to rest. BlackBerry has confirmed that BBM will available for Android on September 21st and for the iPhone on September 22nd. Specifically, BBM for Android will be available from the Play Store at 7AM EDT and BBM for iPhone will be available from the App Store at 12:01AM local time.

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BlackBerry planning up to 40% staff cull insiders claim

BlackBerry planning up to 40% staff cull insiders claim

BlackBerry will cut as much as 40-percent of its staff before 2013 is through, insiders claim, with several thousand people facing redundancy as the Canadian smartphone firm attempts to coax profit from its ailing business. The mass scale trimmings will impact all departments and are expected to come "in waves" sources told the WSJ, though BlackBerry has declined to comment on the speculated figure.

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BlackBerry chasing November sale insiders claim

BlackBerry chasing November sale insiders claim

BlackBerry is hunting a fast sale for its troubled business, targeting a deal before the end of November this year, sources close to the negotiations claim, with a shortlist already put together of possible suitors. "Preliminary talks" have already been held by the company, the WSJ reports, with a sales process that is expected to begin imminently, though there's no guarantee that a new owner interested in BlackBerry will actually be found.

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T-Mobile BlackBerry 10 handsets may soon be ‘direct ship’ only

T-Mobile BlackBerry 10 handsets may soon be ‘direct ship’ only

Another day and another bit about how BlackBerry is suffering. This latest deals with BlackBerry 10 and T-Mobile and assuming this all plays out as the rumors are suggesting -- it looks like the carrier may soon begin pushing the Z10 and Q10 smartphones to the side. Coming by way of the CrackBerry user forums, one T-Mobile employee is telling a story about how the carrier is moving BlackBerry 10 devices to direct ship.

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BlackBerry 10 loses Morgan Stanley upgrade commitment insiders claim

BlackBerry 10 loses Morgan Stanley upgrade commitment insiders claim

One of BlackBerry's highest-profile enterprise wins for BlackBerry 10, international bank behemoth Morgan Stanley, will reportedly freeze plans to upgrade over concerns that the Canadian smartphone firm lacks resolve in the OS. The brokerage firm will instead stick with its existing BlackBerry 7 phones, two sources tell Bloomberg, having become wary of BlackBerry's recently confirmed exploration of "strategic alternatives" announced earlier this week.

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