News tagged with blackberry

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BlackBerry posts 3Q loss of $4.4B (Update)

BlackBerry reported a massive $4.4 billion loss in the third quarter and a 56 percent drop in revenue in its first quarterly report under new chairman and chief executive John Chen.

Dec 20, 2013
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Obama: 'I'm not allowed an iPhone'

US President Barack Obama admitted Wednesday he was not allowed to have an iPhone owing to security fears—explaining why he is sometimes seen with a bulky super secure Blackberry.

Dec 04, 2013
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Qatari fund invests in BlackBerry

A Qatari sovereign wealth fund was among a small group of investors who recently contributed $1 billion to Canadian smartphone maker BlackBerry, US securities filings showed Friday.

Nov 08, 2013
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Lawsuit accuses BlackBerry of raising false hopes

BlackBerry shareholders on Tuesday launched a class-action lawsuit against the company, alleging its optimistic sales forecasts for its new smartphones cost them hundreds of millions of dollars, lawyers announced.

Oct 15, 2013
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Fairfax says it won't abandon BlackBerry bid

The head of Fairfax Financial Holdings Ltd. said Wednesday he has every intention of completing the acquisition of BlackBerry, despite doubts that the $4.7 billion deal for the troubled smartphone maker will ...

Sep 26, 2013
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