BlackBerry will separate its internet of things and cybersecurity business units and target an IPO for the IoT business.
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Private equity firm Veritas Capital has made an offer to buy BlackBerry, a source said.
For a brief period, BlackBerry was the king of smartphones. Then hubris – and the iPhone – destroyed it all.
BlackBerry will conduct a review of strategic alternatives, which includes the possible separation of one or more of its businesses.
BlackBerry plans to settle a more than eight-year-old lawsuit claiming it defrauded shareholders by inflating the success of its long-discontinued BlackBerry 10 smartphones.
Car makers used to compete over who had the latest-and-greatest hardware on offer: the highest-horsepower engine, the comfiest seats, the silkiest-sounding speakers. Not anymore.
BlackBerry devices running the original operating system and services will no longer be supported after 4 January, marking the end of an era.
LG Electronics will wind down its loss-making mobile division after failing to find a buyer, a move that is set to make it the first major smartphone brand to completely withdraw from the market.
BlackBerry’s future as a smartphone brand has been thrown into question after its current manufacturer said it would stop selling BlackBerry mobile phones later this year.
Fully autonomous cars will not be on public roads for at least 10 years despite claims from some manufacturers they will be available sooner, BlackBerry’s chief executive has said.