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.
Those few BlackBerry lovers left could be in for some bad news.
BlackBerry executives met with their counterparts at Facebook last week over a potential bid for the struggling Canadian phone-maker, The Wall Street Journal reported Wednesday.
While heads of state have encrypted mobiles and other secure lines for work, many can't resist using regular smartphones for everyday life—making them susceptible to espionage.
Shares of Chinese computer and phone maker Lenovo tumbled 1.71 percent Friday following a report it is mulling a counter bid to buy struggling Canadian smartphone maker BlackBerry.
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.
BlackBerry is launching a campaign aiming to reassure its customers it intends to stay in business, brushing aside suggestions of its impending demise.
BlackBerry founders Mike Lazaridis and Douglas Fregin are weighing taking over the distressed smartphone company as it searches for a savior.
BlackBerry is eyeing the sale of office space to cut expenses after posting a nearly $1 billion loss last quarter, a spokeswoman said Wednesday.
Canadian tech pioneer BlackBerry, which earlier this week agreed to a $4.7 billion buyout, said Friday that it lost $965 million in the second quarter.