Blackberry

BlackBerry acquired by Fairfax Financial: enterprise solutions the future

BlackBerry acquired by Fairfax Financial: enterprise solutions the future

It's been announced today by BlackBerry Limited that they've signed a letter of intent agreement with a consortium led by Fairfax Financial Holdings Limited to be acquired for approximately $4.7 billion USD. This deal would put BlackBerry shareholders in a position to receive $9 USD for each stock, each stock not currently already held by Fairfax to be attained for cash. Before this deal, Fairfax owned 10% of BlackBerry.

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Blackberry C-series smartphone sighted in photo leak

Blackberry C-series smartphone sighted in photo leak

Blackberry's on-going story is anything but boring and uneventful as the company is revealed to be developing a new line of smartphones currently being called the Blackberry 10 C-series. This supposed mix between the company's Z and Q series could very well be added to the company's growing list of could have been, should have been, and has been.

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BBM iOS and Android releases paused: staggering forward

BBM iOS and Android releases paused: staggering forward

Though the software teams at BlackBerry suggested they'd be beginning the roll-out of BBM (BlackBerry Messenger) as an app for Android and iOS starting this week, it would now appear that they've hit the proverbial pause button for both platforms. While it's unclear at the moment if this cut in downloads and service to the chat app ecosystem for both Google and Apple's mobile OS had anything to do with BlackBerry's announcement of history-making losses for the quarter, it is clear that the results are thus: some people can use BBM today, others cannot.

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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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