BlackBerry Likely to Be Carved Up
Private investors are eyeing BlackBerry and its assets, but not the entire company, reports Reuters. Several equity firms have signed non-disclosure agreements with BlackBerry in recent weeks to explore acquisition possibilities, though Reuters' sources say it is likely the company will be broken up and sold in pieces. Private equity firms are looking at BlackBerry's operating system and the patents surrounding its keyboards, in particular. One of BlackBerry's largest investors, Fairfax Financial Holdings, has met with other financial firms in hopes of finding a way to take the entire company private, but it holds only about 10% of the firm. Reuters says the sales process is expected to begin within a few weeks. BlackBerry announced last month its intent to "explore strategic options" after its BlackBerry 10 operating system and handset failed to generate interest among consumers.
BlackBerry Weighing Move to Android
BlackBerry is considering whether or not to make a smartphone based on Google's Android platform rather than its own operating system, reports Reuters. Citing sources familiar with BlackBerry's plans, Reuters says the company is working on a slider handset that would have a touch screen and a slide-out physical keyboard for typing.
BlackBerry Cuts Priv's Price By $50
BlackBerry has given the Priv a price cut. The smartphone maker dropped the price of the phone from $699 to $649.
Class Action Against BlackBerry Over Handset Sales Can Proceed
BlackBerry's hope to squash a lawsuit has been dashed by a U.S. judge who says the legal proceedings can move forward.
Yahoo to Consider 'Strategic Alternatives' for Internet Biz
Yahoo has announced plans to explore strategic options for its internet business, which has struggled to turn a profit in recent years. The company said it plans to improve consumer and advertiser product quality while also increasing the number of daily users.
RIM got arrogant with their position and blew off the iPhone as a childish passing fad when it reality the SOFTWARE CONTENT is what ultimately determines if something is business or pleasure. Ease of use is a completely different thing, but RIM didn't see it that way. Ultimately the market showed that people don't want to go through a cumbersome UI in order to operate a phone. It is a shame that RIM figured this out way too late. Now we are stuck with Google (untrust...
They dug their own grave
It really kind of is all their fault. So don't be sad.
google should buy it