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Posts Tagged ‘BlackBerry Ltd’

BlackBerry Ltd has no plans to shut down its loss-making handset business, incoming interim Chief Executive John Chen said on Monday, adding that the smartphone maker has sufficient resources to stage a turnaround. “I have done this before and seen the same movie before.” Chen, who is replacing Thorsten Heins as CEO, performed a similar […]

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By Euan Rocha TORONTO (Reuters) – BlackBerry Ltd is abandoning a plan to sell itself and will raise about $1 billion from its largest shareholder and other institutional investors as it tries yet again to revive its fortunes. The smartphone maker said on Monday that Chief Executive Officer Thorsten Heins would leave in about two […]

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