U.S. President Barack Obama said he is not allowed to have an iPhone for "security reasons," though he does have an iPad.» Read More
Nov 18- Fairfax Financial Holdings Ltd has agreed to acquire a majority interest in privately held Keg Restaurants Ltd, which owns over 100 steak house restaurants in Canada and parts of the United States. Toronto- based Fairfax, headed by Canadian value investment guru Prem Watsa, is the largest shareholder of BlackBerry Ltd.
DUBAI, Nov 18- Turn on a Saudi television and you'll usually get a diet of religious programming and uncontroversial imported fare. The programmes of Jeddah- based UTURN, from drama to reality shows, are typical.
Happy Wednesday. We're wrapping up here at the Schwab IMPACT conference, but the week is but halfway done.
From free software to its "walled garden," Apple is pushing into the enterprise market like never before. That should have Microsoft, Dell and others worried.
BlackBerry says its interim CEO John Chen will receive a base salary of $1 million. John Martin, Reed Smith LLC thinks this is appropriate because Chen is a "turnaround specialist," while Robert Weissman, Public Citizen president, says there is too much wealth at the top.
NEW YORK/ TORONTO, Nov 8- BlackBerry Ltd's board does not believe a break-up of the Canadian smartphone maker is currently in its best interests, even though Microsoft Corp, Apple Inc and Lenovo Group Ltd, among others, have expressed interest in acquiring parts of the company, according to people familiar with the discussions.
CNBC's Kayla Tausche, Tyler Mathisen and Cindy Perman discuss BlackBerry's plan to give interim CEO John Chen a pay package worth up to $85 million dollars.
BlackBerry will pay its new interim CEO a base salary of $1 million, a bonus, as well as stock awards potentially worth some $85 million.
John Chen, the second consecutive chief executive officer at BlackBerry to receive a bumper package, will have to help the embattled smartphone maker regain its footing and win back market share ceded to the likes of Apple's iPhone and a range of devices that run on Google Inc's Android operating system.
Jay Parker, Lenovo North America president, expresses excitement for the mobility business and calls BlackBerry's rejection of Lenovo's bid to buy the company "rumors."
Nov 6- Qatar Holding LLC is among a handful of investors that have put money into BlackBerry Ltd's $1 billion convertible debt offering, a source familiar with the financing plan said on Wednesday.
Apple is partnering with new manufacturers in Asia in order to churn out more of its devices.
As Twitter gears up for its much-anticipated initial public offering (IPO) on Thursday, it risks a similar path to smartphone maker BlackBerry.
Jason Rotman, Lido Isle Advisors, and Dave Aitel, Immunity CEO, discuss Canada's rejection of the Chinese company Lenovo's bid to buy BlackBerry.
Calls to raise taxes on the wealthy are growing. Some want to boost the capital gains rate, and some states consider higher rates for the wealthy.
CIBC World Markets cut its price target on the stock to $5.00 from $12.00, valuing BlackBerry at just $2.6 billion- the amount of cash it had on its books on Aug. 31. At that price, the company is also worth nearly half the $4.7 billion that Fairfax Financial Holdings Ltd, BlackBerry's biggest shareholder, had offered to take the company private.
Reports out of Canada this morning say the country said no to Chinese-based Lenovo's bid for BlackBerry.
*China risks stoking inflation with more easing- Premier Li. HONG KONG, Nov 5- China shares tested their lowest in a week on Tuesday, leading Hong Kong markets lower, as growth-sensitive counters were hit by hawkish comments from Premier Li Keqiang ahead of a key Communist Party policy meeting this weekend.
*China risks stoking inflation with more easing- Premier Li. HONG KONG, Nov 5- China shares underperformed most Asian markets early on Tuesday, leading Hong Kong lower, after Premier Li Keqiang signalled a shift towards monetary tightening ahead of a key Communist Party policy meeting this weekend.
BlackBerry needs massive changes that it has little time to make, experts said Monday.