BlackBerry CEO John Chen said that outsourcing its hardware development will set the business up for long-term growth.
John Chen, BlackBerry Chairman & CEO, discusses the company's shift away from building their own hardware.
The Canadian company announces it will outsource smartphone development in a strategic shift.
BlackBerry says it will rely on partners for any hardware efforts, Recode reports.
U.S. stock-index futures rose slightly on Wednesday, ahead of a flurry of speakers from the Federal Reserve, including Janet Yellen.
Some of the names on the move ahead of the open.
Nike, Wells Fargo and BlackBerry are making headlines this Wednesday morning before the opening bell.
A flurry of Fed speakers, including the Fed chair, will keep markets busy Wednesday.
Stocks closed higher on Tuesday, despite a sharp fall in oil prices, following the first presidential debate.
Stocks closed sharply lower as investors kept a close eye on a key OPEC meeting and looked ahead to a U.S. presidential debate.
The presidential debate and OPEC could rock markets in the week ahead, while a rush of economic data could reveal if the economy is starting to sputter.
Former shareholders of the mobile software maker are suing JPMorgan for breach of fiduciary duty, according to a lawsuit filed on Thursday.
The company announced on Friday that it would make a change to its debt.
"Power Lunch" hosts Kayla Tausche and Brian Sullivan look at 5 stocks with analyst recommendations, including Under Armour, BlackBerry and more.
Raymond James boosted its price target for BlackBerry by more than 30 percent, noting a plethora of bullish catalysts for the company.
The "Squawk Box" crew discuss some of the morning's most provocative headlines including Paul Ryan urging Congress to "drop the politics" over Zika funding and Kim Kardashian potentially abandoning Blackberry.
Apple has hired the former head of BlackBerry's automotive software division as new leadership for its car team.
The company said the touchscreen-only DTEK50 will cost $299 in the United States, Canada and across Europe.
Brian White, Drexel Hamilton, and Dieter Bohn, The Verge, discuss BlackBerry's decision to stop manufacturing its 'Classic' version.
The Canadian tech company says it will discontinue the last smartphone with its iconic physical keyboard.