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BlackBerry CEO Outlines Future; Google, Audi Bring Android to Cars; Tim Cook's Salary

2013-12-31 17:54:42| PC Magazine Cell Phones Product Guide

Topping tech headlines Monday, BlackBerry CEO outlines "the way forward," Google and Audi bringing Android to cars, and Apple chief Tim Cook earned $4.25 million last year.

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BlackBerry CEO Outlines 'The Way Forward'

2013-12-30 22:33:39| PC Magazine Cell Phones Product Guide

BlackBerry's interim CEO John Chen took to CNBC this week to outline his plans for what he called "the way forward."

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Lazardis cuts BlackBerry stake to under 5%

2013-12-27 08:46:00| Telecompaper Headlines

(Telecompaper) BlackBerry co-founder Michael Lazaridis has reduced his combined stake with another co-founder in the smartphone maker to just under 5 percent, according to a SEC filing. Lazardis indicated he no longer plans to pursue a joint bid to acquire the company outright, the Wall Street Journal reports. In October, Lazaridis, and Douglas Fregin, another co-founder, disclosed they owned a combined 8 percent stake of BlackBerry and were considering a joint bid to acquire the company. In November, BlackBerry took itself off the market after failing to secure a deal, appointed a new management team and recommitted itself to try to revitalize its struggling operations. Lazaridis said he now owns about a 4.99 percent stake in BlackBerry and indicated he and Fregin ended their partnership for a possible takeover bid.

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