Blackberry

  • BusinessAOL

    BlackBerry abandons sale plan

    Struggling smartphone maker BlackBerry has abandoned plans to sell the business and ditched chief executive Thorsten Heins after nearly two years at the helm. Shares plunged as the company announced that instead of finding new buyers, largest

  • BusinessAOL

    BlackBerry founder considering bid

    BlackBerry founder Mike Lazaridis is looking at making a potential takeover bid for the struggling smartphone company. Mr Lazaridis, a major shareholder, said today in filing with the Securities and Exchange Commission that he and Douglas Fregin,

  • BusinessAOL

    BlackBerry bid 'won't be abandoned'

    The head of Fairfax Financial Holdings says he has every intention of completing the acquisition of BlackBerry, despite doubts that the 4.7 billion-dollar (£2.9bn) deal for the troubled smartphone maker will go through. BlackBerry announced

  • BusinessAOL

    Troubled BlackBerry agrees sale

    Troubled smartphone maker BlackBerry has agreed a deal that will see it sold to a consortium led by its largest shareholder for 4.7 billion dollars (£2.85 billion). The Canadian firm, which had its European headquarters in Slough, Berkshire,

  • BusinessAOL

    BlackBerry 'planning massive layoffs'

    Troubled Canadian smartphone manufacturer BlackBerry may be planning to cut as many as 40 percent of its staff by the end of the year, in an attempt to return to profitability. According to the Wall Street Journal, the layoffs will come in several

  • BusinessAOL

    The tablet is a fad: Is Blackberry boss right?

    Thorsten Heins, Chief Executive of Blackberry, went on record saying that tablet computers may just be a fad, and that the company may not go ahead with a follow up to its PlayBook device. He estimated that in five years there won't be a

  • BusinessAOL

    Apple shares fall below $400

    How the mighty have fallen. The iPhone-to-iPad-to-iPod maker saw its shares sink below the $400 barrier yesterday following worries Apple could miss revenue targets. Both iPhone and iPad sales have been revised down by Wall Street watchers.