VENTURE CAPITAL POST

The sales of BlackBerry BB10 devices in India dropped to more than half so far this year, said a report from The Economic Times.

Mike Lazaridis, one of the founders of BlackBerry, sought Carlyle's decision on a possible bid for the smartphone maker.

With a net operating loss between USD950 million and USD995 million, BlackBerry is feared to be nearing its closure.

With eerie similarities, BlackBerry is replicating the route taken by Palm Inc. into oblivion.

The Blackberry Z30 would be launched in Malaysia to compete with market leaders Apple iPhone and Samsung's Galaxy S4.

The trend now with interested buyers of Blackberry is to carve up the smartphone maker instead of purchasing it lock , stock and barrel.

Blackberry shares jumped slightly as rumors of a buyout offer from its biggest shareholder became news.

Blackberry Ltd. would be expecting an influx of takeover bids after its board's announcement that the company is open to "explore strategic alternatives", including a sale.

Following the announced sale of Nokia to Microsoft Corp, BlackBerry shares jumped to as much as 3.6% last Tuesday.

Blackberry, the leading mobile device in India, had announced selling its global operations unit but would remain business as usual to ease fears of Indian users.

Miami-Dade police cancelled an Amber Alert of a little girl after discovering that it was a misunderstanding.

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.

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

Analysts said the money-losing hardware unit of BlackBerry would force breakup leaving patents, software and security system as its only viable assets.

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