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.
May 30, 2017
Essential Products, the startup being run by Andy Rubin, who helped create the Android operating system, announced its first smartphone today, the PH-1. The PH-1 is a high-end handset crafted from a titanium shell that Rubin claims is more robust than aluminum and more resistant to damage when dropped.
Mar 20, 2018
Google today announced Subscribe with Google, an easy way for people to subscribe to and pay for select news sources. Google has worked with a number of publishers over the last six months to develop the service.
Aug 31, 2017
LG today fully revealed the V30, a phone it has been teasing in bits and pieces over the last few weeks. This flagship-class handset has a metal frame and glass front and rear panels.
May 24, 2018
Essential Products is for sale, reports Bloomberg, and has cancelled plans to develop a new phone. The company has hired a financial firm in order to help advise it on a potential sale, according to Bloomberg's sources, who also say Essential has already received interest from one possible buyer.
Feb 10, 2018
Qualcomm warned investors that two of its most important customers have threatened to take their business elsewhere should Qualcomm be acquired by Broadcom. Qualcomm didn't name the customers, but said together they contribute a combined $1 billion in chip revenue.
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