Tag: blackberry

BlackBerry sues Facebook over messaging apps

OTTAWA, Canada (AFP) – Canadian telecommunications firm BlackBerry sued Facebook on Tuesday, accusing the American social media company of infringing on its patents for messaging apps. BlackBerry is claiming infringement on patents it holds for message encryption and notifications, and is seeking an injunction as well as damages for lost profits, although no figure was given. Facebook and its wholly-owned services Instagram and WhatsApp are named as defendants in the lawsuit. The company said it intends to fight the […]

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BlackBerry, Baidu announce autonomous vehicle partnership

MONTREAL, Canada (AFP) — Canadian telecommunications software company BlackBerry and China’s web giant Baidu on Wednesday announced a partnership for autonomous and connected vehicles. “The two companies will collaborate to accelerate the deployment of connected and autonomous vehicle technology for automotive OEMs and suppliers worldwide,” they said in a statement. BlackBerry’s operating system will be “the foundation for Baidu’s Apollo autonomous driving open platform,” the statement said. In September, Baidu announced a $1.5 billion investment […]

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BlackBerry sales fall, losses pile up

MONTREAL, Canada (AFP) — Blackberry continued bleeding red in the three months ending May 31, extending a two-year losing streak as the Canadian smartphone maker restructures, according to quarterly financials filed Thursday. The Waterloo, Ontario-based company posted a loss of US$670 million while revenues plunged to US$424 million — about two-thirds of last year’s take during the same period and below analysts’ estimates. Excluding hefty asset write-downs and restructuring charges, however, BlackBerry broke even in […]

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BlackBerry CEO sees fewer new devices, focus on profitability

(Reuters) – BlackBerry, which has completed the first phase of its two-year turnaround plan, is now focused on profitability and will not spread itself thin by attempting to launch too many new devices, its chief executive said. John Chen, who took the reins at the struggling mobile technology company in November 2013, has moved rapidly to try to get the one-time investor darling back on track. The company has sold assets, struck partnerships to lower […]

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BlackBerry opens up BBM to Windows phone users

TORONTO Thu Jul 31, 2014 4:41pm EDT (Reuters) – BlackBerry Ltd said on Thursday its popular messaging system BBM, or BlackBerry Messenger, would now be open to those using the Windows phone platform, a move that potentially makes the messaging service more appealing to its enterprise clients. BlackBerry, which is seeking to reinvent itself as a more software and services driven company as its smartphone market share has dwindled, has been lately touting new BBM […]

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Dell, BlackBerry downplay threat from Apple-IBM alliance

By Euan Rocha and Alastair Sharp TORONTO Fri Jul 25, 2014 3:11pm EDT (Reuters) – IBM Corp’s recent move to partner with Apple Inc to sell iPhones and iPads loaded with corporate applications has excited investors in both companies, but two rivals say they are unperturbed for now. Top executives at Dell and BlackBerry Ltd scoffed at the threat posed by the alliance this week, arguing the tie-up is unlikely to derail the efforts of […]

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BlackBerry posts smaller-than-expected loss; shares rise

(Reuters) – BlackBerry Ltd reported a much smaller-than-expected quarterly loss on Friday, sending its shares up nearly 7 percent, even as its smartphone sales continued to slide. The company said its net loss was $423 million, or 80 cents a share, for the fourth quarter ended March 1. That compared with a year-earlier profit of $98 million, or 19 cents a share. Revenue fell to $976 million from $2.68 billion. Analysts on average had been […]

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