Blackberry

BlackBerry rescue bid considered by Cerberus with turnaround the target

BlackBerry rescue bid considered by Cerberus with turnaround the target

BlackBerry has a new potential suitor, it's reported, with Cerberus Capital Management LP poking through the ailing smartphone company's financial records as it considers whether it could turn it around. The private-equity firm has inked a non-disclosure agreement with BlackBerry, Bloomberg Businessweek claims, giving it access to the Canadian firm's books. Interestingly, according to the source, Cerberus' goal would be to acquire all of BlackBerry and try to rescue its place in the market, rather than cut it up into pieces to be sold off separately.

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BlackBerry penning open letter of reassurance for customers [UPDATE]

BlackBerry penning open letter of reassurance for customers [UPDATE]

There is a future for customers hoping to stay inside the BlackBerry family - at least that's what BlackBerry wants the public to believe as they send out an open letter this week for reassurance. This letter comes from BlackBerry itself and is being pushed by BlackBerry's chief marketing officer Frank Boulben. He's made clear that this letter is being sent to major media outlets in order to "set the record straight" about what's been going on and on what's about to be going on in the near future for the company as a consumer-ready hardware and software creator. UPDATE: Full PDF now available.

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BlackBerry Z30 heads to Rogers Communications after all

BlackBerry Z30 heads to Rogers Communications after all

It appears that at least a few BlackBerry fans remain in the Great White North. Canadian mobile carrier Rogers Communications announced about a week ago that it would be avoiding BlackBerry's new flagship device called the Z30. Considering the sagging popularity of BlackBerry devices overall, the announcement wasn't that big of surprise.

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BlackBerry loses TAT BlackBerry 10 design talent

BlackBerry loses TAT BlackBerry 10 design talent

BlackBerry 10's designers The Astonishing Tribe (TAT), acquired by BlackBerry in late 2010 and renamed BlackBerry Sweden, have quietly abandoned the struggling Canadian company, with seven of the top talent founding a new company, TOPP. The startup studio will "craft new products and breathe life into innovative ideas through design, prototyping, and technology", across mobile, automotive, consumer electronics, and other segments.

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Piper study: US teen iPhone popularity rises, iPad remains dominant

Piper study: US teen iPhone popularity rises, iPad remains dominant

This this Fall 2013 season the Piper Jaffray analyst known as Gene Munster has released a report that spans several seasons into the past, covering the USA-based teen device wants and ownership in tablets and smartphones. What you'll find here is a collection of results very much centered on the Apple universe - with just the iPhone appearing in the "owns" category for phones - but also depicting an interesting set of trends in competing hardware. This study clearly shows Apple to be dominant in each category, while Android phones rise, Kindle Fire tablets fall, and Blackberry fades away.

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BlackBerry bids reportedly being contemplated by Google, Intel and more

BlackBerry bids reportedly being contemplated by Google, Intel and more

BlackBerry has been under a preliminary agreement with Fairfax Financial Holdings, its biggest shareholder, but is reportedly entertaining a backup plan in case the current bid falls through. The information comes from sources who spoke to Reuters, claiming that Google, Cisco, Intel, SAP, LG, and Samsung are all considering potential bids for BlackBerry or parts of the company.

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Windows Phone jumps in Europe but US still loves Android and iOS

Windows Phone jumps in Europe but US still loves Android and iOS

Windows Phone has hit double-digits in two European markets and averages 9.2-percent in Europe as a whole, new figures suggest, though Microsoft's smartphone platform still lags well behind iOS and Android, particularly in the US. Sales of Windows Phone devices - the majority of which are from Nokia's Lumia range - in the UK and France hit 12.0- and 10.8-percent respectively, Kantar Worldpanel calculates, in the three month period up until the end of August 2013.

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BlackBerry near-billion dollar loss has future looking grim

BlackBerry near-billion dollar loss has future looking grim

Though the folks at BlackBerry decided to hold off on their regularly scheduled earnings report, the report has indeed come out - and it's not looking good. This second fiscal quarter for the company here in 2013 showed sales of $1.6 billion, but a loss on those sales of $965 million. This loss came in a big way due to a write down of BlackBerry Z10 smartphones that appear to be in large supply with decidedly not-so-large demand to match.

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Blackberry cancels earnings call scheduled for Friday

Blackberry cancels earnings call scheduled for Friday

Blackberry has announced that it will not be making its financial conference call on Friday, as was previously scheduled. Such a move, says the company, is the result of a bid it has received from Fairfax Financial Holdings, the largest shareholder for Blackberry. In addition to the cancelled call, the written talk about its financial results has been delayed until next week.

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