BlackBerry to Explore Strategic Alternatives
BlackBerry today announced that it has formed a committee to evaluate the firm's strategic alternatives moving forward. According to BlackBerry, the list of alternatives the company plans to consider include possible joint ventures, strategic partnerships or alliances, a sale to a third party, or other possible transactions. The special committee members include Barbara Stymiest, Thorsten Heins (BlackBerry's CEO), Richard Lynch, and Bert Nordberg, and will be chaired by Timothy Dattels. BlackBerry did not place a deadline on when it might make a decision about its future. BlackBerry launched the BlackBerry 10 platform earlier this year, and sales of its new smartphones have not caught on as the company hoped.
Hands On with the BlackBerry Priv
The Priv is BlackBerry's new flagship phone, but it's also much more than that. As the company's first phone to use Google's Android instead of a BlackBerry OS, it represents a major new strategic direction.
Yahoo Forms Committee to Look at Strategic Alternatives
Yahoo today said it has formed a committee of board members to head up its exploration of strategic alternatives. Earlier this month, Yahoo announced its intent to weigh changes to its core business in order to regain financial footing.
BlackBerry CEO Says 2016 May Be Last Year for Smartphones
BlackBerry CEO John S. Chen today said its smartphone business needs to generate a profit in 2016, "Otherwise, I have to think twice about what I do there." Chen's comments offer more insight into BlackBerry's frame of mind regarding smartphones.
BlackBerry CEO Says Smartphone Biz Is On a Timer
John S. Chen, CEO of BlackBerry, admitted that its recent handsets have not sold as well as he hoped.
Too little too latr
That is a LOT of time to wait for a new OS and human nature has proven one thing, we humans are a impatient bunch when it comes to waiting ar...
I think it is all to late now....
As much as I hate to admit it, Blackberry lost its foot hold on the market by staying stagnant, when iPhone and Android landed they stayed complacent by staying with their Java based OS on very under powered hardware.
I don't know where
Sure...it probably isn't doing as well in the US as it is overseas....but all indications are that sales are strong, not weak