According to a new Reuters report, Samsung recently approached BlackBerry to buy the company for up to $7.5 billion, a figure that represented a 60 percent premium on BlackBerry's shares. Samsung was mainly interested in BlackBerry's patent portfolio, according to the report.
BlackBerry CEO John Chen said a new Internet of Things (IoT) platform unveiled by the company this week will begin boosting its top-line earnings in the medium term, as the Canada-based company continues to diversify in a bid to return to profitability.
You'd have to be hiding under a blackjack table to miss the barrage of Internet of Things rhetoric pouring out of the panels, press conferences and exhibitors at the Consumer Electronics Show this week.
LAS VEGAS--BlackBerry is betting that its security heritage and technology portfolio will make its new platform for the Internet of Things a powerhouse in a burgeoning market as technology players from Samsung Electronics to Intel look to take advantage of the IoT trend.
BlackBerry is working with aerospace and defense contracting giant Boeing on a customized BlackBerry device that can self-destruct and has other high-level security features, according to multiple reports.
BlackBerry completed an acquisition of German encryption specialist Secusmart, as the Canadian smartphone company continues to play to its remaining core strength in providing secure communications to businesses and governments.
BlackBerry reported a narrower net loss for its fiscal third quarter and said it continues to expect to achieve profitability sometime in its next fiscal year. However, although the firm is nursing itself back to financial health, the company's revenue fell off sharply in its most recent quarter and the firm only sold 2 million BlackBerry smartphones in the period.
NEW YORK--BlackBerry CEO John Chen said he thinks the company's device business is important--but he said he's spending much of his time looking beyond smartphones to the wider Internet of Things (IoT) market.
NEW YORK--BlackBerry formally unveiled its new Classic smartphone, an upgrade to its iconic Bold smartphone with a physical Qwerty keyboard and trackpad. The company also is partnering with AT&T Mobility and Verizon Wireless to release the Classic.
Ford Motor Co. took the wraps off the latest version of its in-car technology platform, Sync 3, and though it has a bevy of new features, one of the biggest changes is behind the scenes: the platform is powered by BlackBerry subsidiary QNX's technology and not Microsoft.