BlackBerry CEO pens open letter ahead of Classic launch

TORONTO (Reuters) - BlackBerry Ltd Chief Executive John Chen penned an open letter to current and former BlackBerry users on Wednesday in a push to create some buzz for the company's new BlackBerry Classic device, which is set to debut later this year.

BlackBerry looks to long turnaround despite sliding sales

BlackBerry posted a net loss of $207m (£127m) in its second quarter as it revealed that revenues are continuing to fall, just days after launching a new handset.

Blackberry shares jump on surprise $23m profit

Shares in Blackberry jumped 12% in early trading on Wall Street after the troubled smartphone maker reported a surprise profit.

BlackBerry may exit handset business if it can't make profit, says CEO

The struggling handset and services company BlackBerry may stop selling handsets if it cannot do so profitably, its chief executive officer John Chen says, as he looks to expand its corporate reach with investments, acquisitions and partnerships.

BlackBerry revenues fall below $1bn but John Chen sees signs of recovery

Struggling smartphone maker BlackBerry saw its quarterly revenues fall below $1bn (£601m) for the first time in seven years in the three months to March, recording its ninth successive quarter of operating losses and ending its fiscal year with net losses of $5.8bn.

Blackberry and Foxconn agree a five-year deal

Struggling smartphone maker Blackberry has agreed a five-year deal with Foxconn, the big Taiwan-based maker of electronic products and components.

Blackberry shakes up senior management

Struggling smartphone maker Blackberry has shaken up its top management as part of its continuing reorganisation.

BlackBerry faces class action shareholder lawsuit

TORONTO: A class action lawsuit has been filed against BlackBerry by a shareholder claiming the company misled investors about its future, including how the BlackBerry 10 smartphone line would fare against competitors.

Blackberry reports $965m second quarter loss

Blackberry has reported a second quarter net loss of $965m (£600m) following a slump in sales. The company warned investors last week that it would report a loss of up to a billion dollars, due to poor sales of its new smartphones.

BlackBerry to fire 4,500 employees as sales of new device plummet

BlackBerry confirmed it was firing 4,500 of its staff on Friday as the struggling smartphone firm said it expects to lose nearly $1bn in the three months to August on disappointing sales of new phones.

Blackberry forms committee to explore possible sale

Smartphone maker Blackberry is exploring options for its business, which could see the company sold off. Timothy Dattels, a Blackberry board member, will head a new committee that will consider different business models, including partnerships.

Samsung's record profit isn't good enough

Samsung is learning that difficult lesson Friday after reporting a record profit that nonetheless fell short of investor expectations.

Microsoft and Blackberry cut Surface and Z10 prices

Microsoft and Blackberry have both cut prices on their flagship products in a bid to boost sales. Microsoft dropped the price of the 32GB Surface RT to £279 from £400 in the UK, with the 64GB model's price down by the same amount to £359.

BlackBerry maker changes its name and launches long-awaited BlackBerry 10

The future of once-mighty Research in Motion rests on its new Blackberry 10 operating system -- a fact RIM played up Wednesday by changing its name to BlackBerry.

Blackberry firm shares fall sharply on poor results

Shares in Blackberry manufacturer Research in Motion (RIM) have fallen by more than a fifth since it announced disappointing results on Thursday.

The company said that it had missed even its lowered expectations and reduced its profit forecasts.

RIM's net profit was $695m (£430m) in the three months to 28 May, down from $769m in the same period last year.