Remember that we’ve told you that one solution to solve the “BlackBerry saga” was to split the company in few parts and sell those pieces to interested investors. Apparently, the major computer companies like Apple, Google and Microsoft would all want some part of the former smartphone giant — namely intellectual property — but the…
Here are the companies that invested money in BlackBerry alongside Fairfax
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…
Thorsten Heins will stay “BlackBerry’s biggest fan” as he’ll be “cheering from the sidelines”
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…
BlackBerry secures $1 billion of fresh cash, gets a new CEO
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…
Monday Funnies: Blackberry’s Had a Tough Go of it Lately
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…
Porsche BlackBerry P’9982 launching in Dubai on November 20th?
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…
Banks not willing to support Fairfax Financial’s bid for BlackBerry?
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…
SAP not interested in acquiring BlackBerry
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…
Lazaridis to team-up with Qualcomm and Cerberus Capital Management over a joint bid for BlackBerry
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…
BBM Releases Chat Widget For Android
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…