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.
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 go through.
In just a short time, BlackBerry went from being the coolest gadget-maker on the planet to one apparently destined for the history books.
Britain's biggest retailer Tesco on Monday unveiled its first tablet computer, as the supermarket chain seeks to boost flagging sales in its domestic market.
One of BlackBerry's co-founders has held talks with private equity firms about making a joint bid for the struggling Canadian smartphone maker, The Wall Street Journal reported Saturday.