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Fairfax Financial Holdings’ offer to acquire BlackBerry failed to materialize. The Canadian company has instead raised an addition $1 billion in a round where Fairfax was just one of the investors. Up until this point we didn’t know who else chipped in to save BlackBerry. Now, thanks to a filing with the U.S. Securities and…
BlackBerry’s outgoing President and CEO Thorsten Heins is about to be replaced with John Chen, a turnaround expert who previously helped Sybase get back on its feet. Thorsten has overseen the launch of the BlackBerry OS 10 and first devices running the updated platform, including the Z10, Q10, Q5 and Z30. In addition, he helped…
Yesterday was a big day for BlackBerry. However, things turned out completely different than what everyone has expected. There were no additional bids for the company and Fairfax didn’t managed to acquire it. Perhaps the fund has banks to blame for this, or perhaps BlackBerry’s board decided differently. Here’s what happened. 1. BlackBerry managed to…
Blackberry’s implosion has been big news lately. The Canadian smartphone giant’s been on steady decline for years, but it’s dropped off even more rapidly in recent months. The news just keeps getting worse. A new video spoof shows off the latest device from Blackberry: the iPhone! Comedian Dave Foley lent his talents to the new…
The earlier leaked Porsche BlackBerry P’9982 may be launching on November 20th, N4BB is reporting. What looks like the premium version of the Z10 will come with a sexy leather battery door and some other fancy details that should justify the steep price tag. As far as we’ve understood, this will be the same Z10…
Thus far, the only official offer to acquire BlackBerry came from Fairfax Financial Holdings which offered $4.7 billion for the struggling smartphone maker. However, they may not get the money needed to fund that deal. According to Reuters, banks are skeptical about BlackBerry’s ability to get back on track and stay relevant in today’s smartphone…
Some of the earlier reports indicated that SAP could be interested in acquiring BlackBerry. That, however, ain’t gonna happen according to the German company’s CFO, Werner Brandt. “Blackberry doesn’t fit with our strategy,” Brandt told Euro am Sonntag in an interview, adding that SAP already offers mobile solutions and did not need to fill any…
BlackBerry saga continues and yet again it involves former BlackBerry co-CEO Mike Lazaridis. The rumor suggests that Lazaridis will team-up with Qualcomm and Cerberus Capital Management to make a joint bid for the struggling smartphone maker. The three parties are looking to raise enough cash to out-bid Fairfax Financial’s offer of $4.7 billion. Qualcomm on…
If you’re one of the millions who has been enjoying the recent BBM Android app, you’re in for a treat. BlackBerry has added a nice looking widget to accompany its app, which can be easily installed by visiting the widgets tab when opening up the app drawer. BBM was released a little over a week…
Path, the private mobile social networking platform, is reported to be heading to the beleaguered BlackBerry 10 OS sometime next year. According to Crackberry, Path CEO Dave Morin said he would be doing such thing. This is great news if you happen to be an owner of any BlackBerry 10 device. However, with the company…