Pfizer, pharmaceutical giant has sent to its employees memo that they need to transition away from BlackBerry and choose iOS or Android devices. According to the company, this transition was due to BlackBerry’s Continue reading »
tags: BlackBerry, PfizerBlackBerry fires its CEO and stops searching for buyer
BlackBerry has yesterday announced that will stop searching for buyer and will fire CEO Thorsten Heins. The result was that BlackBerry’s shared drop more than 16%. The company didn’t explain why did stop searching for buyer for whole company or just parts but BlackBerry’s largest shareholder (10%) said it would Continue reading »
tags: BlackBerry, Fairfax, John Chen, Prem Watsa, Sybase, Thorsten HeinsRockstar sues Google for patent infringement
Rockstar is jointly owned by Apple, BlackBerry, Ericsson, Microsoft and Sony, and the consortium bought for $4.5 billion Nortel patents. Rockstar is suing Samsung, HTC, Huawei and four other companies for patent infringement in U.S. District Court in Texas. Google is accused of Continue reading »
tags: Apple, BlackBerry, Ericsson, Google, HTC, Huawei, Microsoft, Nortel, Rockstar, Samsung, SonyApple hosts a party for BlackBerry employees
According to Financial Post, Apple hosted a party on 26th September for BlackBerry employees just 20km away from BlackBerry’s Waterloo home base. The party was at the Cambridge Hotel and Conference Center and Apple invited local talent by LinkedIn messages with the aim of luring them to their Silicon Valley operations. Continue reading »
tags: Apple, BlackBerry, Silicon ValleyBlackBerry asked for preliminary expressions of interest from potential strategic buyers. This buyers can buy the whole company or parts of it, which would be alternative to the preliminary agreement reached weeks ago with a group, led by Fairfax Financial Holdings (BlackBerry’s biggest shareholder), to take the company private for ca. $4,7 billion. Potential strategic buyers are Cisco, Google, Intel, LG, SAP and Samsung. The potential buyers have been especially interested in BlackBerry’s secure server network and patent portfolio. Analysts are saying that BlackBerry’s assets include well-regarded services business that powers its security-focues messaging system worth $3 bn – $4,5 bn; a collection of patents worth $2 bn – $3 bn and $3,1 bn in cash and investments. BlackBerry has a special committee with the assistance of independent financial and legal advisors, which is conducting review of strategic alternatives. Financial advice is providing JPMorgan Chase and RBC Capital Markets. Legal advice is providing Skadden, Arps, Slate, Meagher & Flom LLP and Torys LLP. Continue reading »
tags: Arps, BlackBerry, CISCO, Fairfax Financial Holdings, Google, Intel, JPMorgan Chase, LG, Meagher & Flom LLP, patent portfolio, RBC Capital Markets, Samsung, SAP, secure server network, Skadden, Slate, Torys LLPBlackBerry sells unlocked BlackBerry Z10 and BlackBerry Q10 from its web site
BlackBerry is selling only in the U.S. unlocked and SIM free models Z10 and Q10. Both phones are compatible with networks belonging to AT&T and T-Mobile. BlackBerry Q10 has 16GB internal storage, 3.1-inch touch display, 8MP rear camera, 1080p HD video recording and 4G LTE Speed. BlackBerry Z10 has 16B internal storage, 4.2-inch touch display, 8MP rear camera, 1080p HD video recording and 4G LTE speed. The all-touch BlackBerry Z10 and QWERTY equipped Blackberry Q10 are available in black and white. They cost $449 (Z10) and $549 (Q10). Continue reading »
tags: AT&T, BlackBerry, BlackBerry Q10, BlackBerry Z10, LTE speed, QWERTY, T-Mobile