BlackBerry Posts

BBM gets updated to support Dropbox, voice calls, channels, and location-sharing

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The BBM app for iOS and Android has been updated with several features. BBM Voice lets users make direct voice calls to BBM contacts through WiFi or cellular networks. BBM Channels adds message-board style group interactions around certain topics, themes, or personalities.
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BlackBerry Ltd (BBRY): BBM head Andrew Bocking steps down

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BlackBerry Ltd (NASDAQ:BBRY) executive Andrew Bocking has stepped down. Bocking was an EVP at the company and is the head of the BBM messenger service.
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BlackBerry CEO says that Foxconn-made phones will cost less than $200

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BlackBerry may release two smartphones this year, according to CEO John Chen. BlackBerry is working with Foxconn to build the smartphones and it will cost under $200. BlackBerry is still heavily focused on the enterprise market under Chen.

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BlackBerry files a lawsuit against Ryan Seacrest’s company Typo Products (BBRY)

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BlackBerry Ltd (NASDAQ:BBRY) has filed a lawsuit against Ryan Seacrest’s company Typo Products. Typo Products is known for building a smartphone keyboard attachment. Seacrest is a co-founder in Typo Products.

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BlackBerry is removing Alicia Keys as their “Global Creative Director”

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BlackBerry is splitting up with their “Global Creative Director” Alicia Keys. Keys was hired to promote BlackBerry 10. The partnership will be ending on January 30th, according to CBC. BlackBerry is going through a major shift in business strategy, which is likely the reason why Keys is being removed from the position.

BlackBerry CEO John Chen says goal is to hit profitability by 2016

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BlackBerry CEO John Chen wrote a post on CNBC to outline his plans for the future of the company. Chen said that the goal is for BlackBerry to hit profitability by 2016.
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BlackBerry co-founder Mike Lazaridis ends bid to take company private

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This past October, BlackBerry revealed that they were looking for a buyer to take the company private. One offer emerged from Fairfax Financial and it was rumored that BlackBerry co-founder and former co-CEO Mike Lazaridis was considering a rival bid. Instead of going private, BlackBerry made an agreement with Fairfax Financial Holdings and other institutional investors by receiving a $1 billion private placement of convertible debentures.

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BlackBerry Ltd (BBRY) reports $4.4 billion loss, partners with Foxconn, hits 40 million BBM app users

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BlackBerry Ltd (NASDAQ:BBRY) has posted a major quarterly loss on Friday due to an inventory write-down and asset impairment charges. BlackBerry Ltd (NASDAQ:BBRY) reported a net loss of $4.4 billion ($8.37 per share) for the third quarter ended November 30th.

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