Wall Street Journal reporting device maker could lay off as many as 5,000 workers
Jump in price came amid unconfirmed reports that Fairfax Financial Holdings closing in on deal
Company confirmed cuts first reported by local radio station 570 News
Thorsten Heins would receive mass sum from salary and bonus, retirement savings and equity awards
Will explore possible sale, joint venture, strategic partnerships, alliances, “other transactions”
BlackBerry is in the midst of trying to recover a stronger position in the highly competitive smartphone market with its new line of phones and operating system.
BlackBerry is in the midst of fighting for a stronger position in the highly competitive smartphone market with its new line of phones and operating system.
First quarter earnings of $3.1-billion, up 15 per cent from $2.7-billion in previous quarter
Latest BlackBerry 10-enable devices approved to run on department’s networks
Former tech executives Mike Lazaridis and Doug Fregin believe that their investments and commercialization efforts will lead to new industries, jobs and value creation