BlackBerry is turning to former Sybase CEO John Chen to turn around its struggling business as its interim CEO, and will be banking on his history as a turnaround specialist. However, despite his background, Chen faces formidable challenges in reviving BlackBerry, analysts say.
BlackBerry announced it halted its plans to go private in a $4.7 billion deal led by Fairfax Financial Holdings, its largest shareholder, and will instead receive a $1 billion capital injection form Fairfax and other institutional investors. BlackBerry also effectively ousted CEO Thorsten Heins.
After years of reverse-engineering electronics gadgets and looking for infringing products, a patent consortium owned by Apple, Microsoft, Ericsson, Sony, EMC and BlackBerry has filed a battery of lawsuits against Google and Android manufacturers like Samsung, HTC, Huawei and others. The action opens another, major front in the patent-infringement war that has engulfed virtually all of the world's major mobile players.
Today is Halloween, so it's time to pull out your costumes, light up your jack-o-lanterns, turn on a horror movie or two--and of course, go trick-or-treating (either by yourself or… with your kids). It's also time to take a light-hearted break from the third-quarter earnings season rush: Just like we did in 2012 and 2011, FierceWireless in 2013 has taken a look inside the minds of some of the industry's top executives to see what really scares them. These nightmares are scenarios that could plausibly come to pass within the next year.
BlackBerry executives visited Facebook last week to see if the social networking giant had any interest in a potential bid for the company, according to a Wall Street Journal report.
Add former Apple CEO John Sculley to list of reported potential bidders for BlackBerry, according to a Globe and Mail article.
BlackBerry said that within the first 24 hours of availability, more than 10 million users had downloaded the cross-platform version of its signature Messenger app for Google's Android and Apple's iOS platforms. The BBM rollout is a bright spot for the struggling smartphone maker, which is considering going private and is reportedly being circled by other potential buyers.
BlackBerry made its signature Messenger chat service available on Monday afternoon to users of Google's Android and Apple's iOS platforms after weeks of delay. However, customers who did not pre-register to get the app will likely need to get a spot in line and wait a bit before getting access.
Chinese PC and smartphone maker Lenovo is actively considering purchasing all of BlackBerry, according to a Wall Street Journal article.
U.S. wireless carriers are expected to spend well over $20 billion on wireless capital expenditures in 2013 alone as they continue their LTE deployments and modernize their networks. Money is sloshing through the economy as a result of that spending, trickling down to vendors, handset makers and other ecosystem partners. However, that does not mean that all is healthy in the wireless economy.