BlackBerry is apparently looking for an exit with plans to sell the company by November. According to a report by The Wall Street Journal, the Canadian company’s board of directors wants to hold a fast auction, selling the whole company or parts of it by the end of the year. The WSJ cites anonymous sources…
BlackBerry’s BBM Android app shown in leaked video
Way back in May, BlackBerry announced it would be launching its popular BBM service on Android and iOS during the Summer. Since then the Canadian handset maker has run against the clock, as its predicted timeframe of a BBM release nears its end. However, video has surfaced of the messaging service operating in beta for…
BlackBerry to spin off BBM into a separate company?
BlackBerry may be thinking to spin off the BBM service into a separate company, the Wall Street Journal is reporting. The idea, according to the report’s author, is to allow BBM to function as a separate company that would offer clients for all popular platforms, not just the one made by the Canadian company. And…
Samsung tips upcoming BBM for Android launch, again
Samsung hasn’t been shy about its support for the upcoming BlackBerry Messenger app for Android. Earlier this month, the company “inadvertently” let everyone know that it will make the app available on its handsets. The latest leak about BBM for Android allegedly comes from Samsung Ghana, which has released a shoddy video about the messaging service…
Sprint to Offer The BlackBerry Q10 For $199 on August 30th
The BlackBerry Q10 will be making its way to Sprint on August 30th, carrying a price tag of $199.99 with a new two-year contract or eligible upgrade. Sprint customers will be able to pair the QWERTY touting handset with any of Sprint’s recent unlimited data plans, as well as take advantage of the Sprint Unlimited…
Canada’s Minister on BlackBerry: “We’re paying close attention”
In a recent interview to Reuters, Canada’s new Minister of Industry James Moore talked about BlackBerry, and the situation in what used to be the country’s biggest company. Moore said that it’s “unfortunate” that BlackBerry Q10 and Z10 aren’t reaching sales expectations. “I know that they’re facing their challenges and they’re adjusting their firm internally…
BlackBerry Q10 Special Edition Gold and White launches in UAE
BlackBerry has launched a special version of the Q10 for (rich) users in the United Arab Emirates. The Q10 Gold and White edition looks much better than the “plain vanilla” black and white models, boasting gold-colored stainless steel frame, some other gold details and with the phone purchase, users get a fancy protective leather sleeve.…
BlackBerry to cut production by 10% as phone sales stall
Jefferies’ Peter Misek has been optimistic about BlackBerry in the past, but his rosy outlook may be starting to fade. According to a report in Ubergizmo, Misek is lowering his quarterly shipment estimates for BlackBerry based on checks that show build order plans were cut by 10% in the month of August. Misek writes “we…
BlackBerry’s exec team could as much as $85 million if the company is sold and they’re all terminated
We’ve already told you that BlackBerry is exploring strategic alternatives that could lead to “possible joint ventures, strategic partnerships or alliances, a sale of the Company or other possible transactions.” To help with this process, BlackBerry has formed a Special Committee, with assistance from JP Morgan Securities, Skadden, Arps, Slate, Meagher & Flom LLP and…
A tale of BlackBerry, investors and a $1B missed opportunity
As reported by GigaOM and The Verge, BlackBerry had a chance at a turn around last year when a group of angel investors, armed with a radical plan and $1 billion in cash commitments, wanted to take over the company. The takeover plan eventually failed, and BlackBerry again is now facing a financial crisis and possible…