blackberry 10

Former SAP executive John Sims to head BlackBerry's key business segment

Troubled smartphone maker BlackBerry on Tuesday announced that John Sims will join the company as head ofmits gloabl enterprise services business. Sims is a former executive at German software firm SAP.

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Shareholder files class action suit against Blackberry for information fraud

Shareholder Marvin Pearlstein filed a lawsuit against Blackberry Ltd and its top executives for providing false information about the company's financial position and business growth of its newest smartphone line.

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Morgan Stanley holds new BlackBerry purchases

Hedging against possible long term structural changes with Blackberry, Morgan Stanley has put on hold the purchase of new devices from the Canadian company amidst the turmoil the smartphone company is now facing.

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S4BB makes over a third of all BlackBerry apps

There were 120,000 applications available in the BlackBerry World and 47,000 of the apps offered for download were made by a single developer.

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Canadian government carefully watching BlackBerry, wishes smartphone maker well

Industry Minister James Moore stated the Canadian government has been carefully watching BlackBerry as the smartphone maker weighs its options.

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BlackBerry CEO Thorsten Heins to make USD55.6 million if he sells the smartphone maker

BlackBerry CEO Thorsten Heins would make USD55.6 million if he sells the corporation and is ousted from his position.

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BlackBerry will not receive bids higher than USD13 per share - analyst

Stuart Jeffrey, Nomura Equity Research's analyst, said BlackBerry would be lucky to receive bids higher than USD12 to USD13, even from an "optimistic buyer."

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A breakup is inevitable if BlackBerry goes private

Analysts said Blackberry would be broken up into pieces if a private equity firm would purchase the smartphone maker.

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BlackBerry is most likely to slump even more - analyst

Iron Capital's analyst, Eric Jackson, said BlackBerry would continue to slump even with the reported strategic alternatives for the company.

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BlackBerry seen ultimately opting to go on sale

BlackBerry's board members opted to go on sale after the company's market value plunged to only USD5.1 billion from USD83 billion in 2008.

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Will Blackberry sale make company succeed over Apple, Samsung?

As Blackberry announced its formation of a special committee to "explore strategic alternatives" like a possible sale to compete with its biggest technology rivals, conflict may arise.

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BlackBerry’s privatization makes sense, but it is not a real solution – analysts

Private equity executives and analysts said taking BlackBerry private would make sense but it is not a quick fix for the company’s problems.

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Valuing BlackBerry is impossible right now - analysts

According to analysts, valuing BlackBerry right now is impossible considering the company's struggles.

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BlackBerry stocks soar by 9% after privatization reports

BlackBerry stocks soared by 9% to US$10.08 in trading on early Friday following reports about its possible privatization.

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BlackBerry receives "authority to operate" award in US Defense Department networks

BlackBerry is the first mobile maker to secure the US Defense Department's device administration approval.

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