Bloomberg reported that, the company mislead and have given some wrong statement to investors about the success of BB10. The investor, Marvin Pearlstein, has filed the lawsuit against Thorsten Heins, CEO of Blackberry and CFO Bidulika. Heins allegedly wrote that BlackBerry “continues to be a financially strong company.” So, the suit was filed in the court of Manhattan, and told …
BlackBerry Suffers Yet Another Setback; Managing Director Sacked
According to The Wall Street Journal, Richard Piasentin, the US managing director of BlackBerry, has been fired and a large number of layoffs, ahead of the US sales are being planned as well. BlackBerry last 10 devices — running the company’s revamped touch-centric OS designed to challenge iOS and Android — failed to help the company turn a profit in …