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Fairfax to buy additional debentures of $250 mn in BlackBerry

Last Updated: Thursday, January 9, 2014, 18:57

Fairfax Financial Holdings will buy additional convertible debentures worth USD 250 million in BlackBerry, offering respite to the struggling Canadian smartphone maker.

BlackBerry hires new head for devices business

Last Updated: Tuesday, January 7, 2014, 10:30

Struggling smartphone maker BlackBerry Ltd has hired a former Sony Ericsson executive to head its loss-making devices business, a job needing a heavy dose of salesmanship to win back companies and consumers lured away by larger rivals.