BlackBerry verified that three senior executive officials were removed from the company. A report on Wednesday said BlackBerry told CBS that the company is in the "second phase of our transformation plan," while confirming the removal of three executives from the firm.
Firm Management
Sony Corp shares drop after saying no to Loeb proposal
Shares of Sony Corp fell 3% after it said no to the proposal of Daniel Loeb to sell one-fifth of its entertainment business.
Obama, tech officials met to deliberate about surveillance
According to the White House, US President Barack Obama met with tech executives along with transparency advocates to deliberate on the government's surveillance programs.
Reuters asks, "Does it matter who runs the Fed?"
Zachary Karabell asked if it really matters who the next chairman of the Federal Reserve will be. Zachary Karabell of Reuters posed the question, "Does it really matter who the next chair of the Federal Reserve is?" The query came as President Obama looks for Chairman Ben Bernanke's successor.
BlackBerry considers going private - sources
Several sources said that BlackBerry is currently considering the possibility of taking the company private.
Latest News
Russia's Vimpelcom hired Verizon Wireless'former finance chief to help it in reducing its US$23 billion debt.
MLB's suspension for PED policy violations imposed on NY Yankees player Alex Rodriguez has been appealed to an arbitrator.
Riley Cooper, who was recently caught on video using a racial slur, has returned to team practices after going on a four day hiatus.
The customer losses of Dish and Charter fueled rumors regarding the possible merger of pay-TV companies.
If Chris Brown is to be believed in his latest tweets, he has announced his retirement as a global music artist with 'X' as his last album, which is due for release by the end of this month.
Reports suggested that Cohen & Steers Inc. is shutting down its private equity real estate operations.
Biennale of Sydney revealed that they had Julian Knights join them as a member of its board of directors.
NGL Energy Partners revealed they had elected John T. Raymond to represent EMG II NGL GP Holdings in NGL Energy Holdings' board of directors.
J-Pac, a manufacturing company that services the diagnostics, medical device, life sciences and pharmaceutical industries, announced that it had appointed Mark Florence as its new President and Chief Executive Officer.
