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BlackBerry, which is seeking to reinvent itself as a more software and services driven company as its smartphone market share has dwindled, has been lately touting new BBM features in a bid to make it a more viable messaging tool for clients such as corporations and government agencies that are on the lookout for a secure messaging service.
Apple Inc. fell 2.6 percent to $95.60 with 55,014,100 shares traded. BlackBerry Ltd. fell 3.9 percent to $9.33 with 24,706,500 shares traded. Cisco Systems Inc. fell 1.6 percent to $25.23 with 27,308,200 shares traded.
One vulnerability involves flaws in the way scores of manufacturers of Apple, Google Android and Blackberry devices, among others, have implemented an obscure industry standard that controls how everything from network connections to user identities are managed.
A key GOP lawmaker says the remarks show that Lois Lerner was biased against conservative groups and targeted them for extra scrutiny. In a series of emails with an associate in November 2012, Lerner made two disparaging remarks about some members of the GOP, including one remark that was a profane characterization.
"It is a really reassuring sign that BlackBerry is now less focused on firefighting and more focused on identifying and building for the long-term into enterprise services," said CCS Insight analyst Geoff Blaber. Still, BlackBerry shares fell 4 percent to $9.54 on Nasdaq and C $10.45 on the Toronto Stock Exchange.
With lowered guidance, Samsung should focus on how to dominate lower cost smartphones from Chinese companies and maintain its large market share.
BlackBerry CEO John Chen announces the company's latest deal — buying anti-eavesdropping firm Secusmart.
BlackBerry CEO John Chen discussed investors' reaction to recent turnaround efforts at the company, including BlackBerry Messenger, with CNBC's Jon Fortt.
TORONTO, July 25- IBM Corp's recent move to partner with Apple Inc to sell iPhones and iPads loaded with corporate applications has excited investors in both companies, but two rivals say they are unperturbed for now.
As more business operations shift to the cloud, here's how some technological devices are offering greater mobility for business on the go.
WATERLOO, Ontario— BlackBerry has appointed Marty Beard, the former chief executive of LiveOps, Inc. as its new chief operating officer. Beard starts immediately and will be responsible for such things as marketing, BlackBerry 10 app development and customer care and quality.
Some of Monday's midday movers:
BlackBerry named Marty Beard as its chief operating officer, filling a position that had been vacant since November.
TORONTO, July 21- BlackBerry Limited named Marty Beard as its chief operating officer on Monday, filling a position that had been vacant since November following a management reshuffle. Prior to that he was an executive of Sybase, an enterprise software maker that was formerly run by current BlackBerry CEO John Chen.
July 17- Microsoft Corp said on Thursday it would slash up to 18,000 jobs, or 14 percent of its workforce, this year. April 2014- The chipmaker said it had cut 1,500 jobs in Costa Rica. January 2014- Announced plans to reduce its global workforce of 107,000 by about 5 percent this year.
The Apple-IBM tie up, beginning this fall, is set to target the customer base that BlackBerry needs to woo as part of a turnaround under new Chief Executive Officer John Chen. "It is not a crushing blow at this early stage, but it is a negative for BlackBerry," said IDC analyst John Jackson.
Steve Jobs probably wouldn't have approved of the IBM deal, but get used to it—this is the new age Apple, says Michael Yoshikami.
Charles Sizemore, CIO at Sizemore Capital Management, explains why the partnership between Apple and IBM will impact Microsoft and Google more than Blackberry.
WASHINGTON, July 15- International Business Machines Corp will partner exclusively with Apple Inc to sell iPhones and iPads loaded with applications geared at enterprise clients this fall, the company announced on Tuesday.
*JPMorgan, Goldman shares rally after earnings. NEW YORK, July 15- U.S. stocks pulled back on Tuesday after Federal Reserve Chair Janet Yellen and her fellow Fed policymakers raised concerns about "substantially stretched valuations" in some sectors. Facebook shares tumbled 1.1 percent to $67.17.