BlackBerry’s Z10 smartphone has attracted record orders at Canadian wireless carrier BCE Inc., and analysts say sales are off to a strong start in the U.K., sparking a 23 percent stock rally over the past two days.
Google Inc. is relying on its planned $12.5 billion purchase of Motorola Mobility Holdings Inc. to forestall patent litigation and force settlements with Apple Inc. and Microsoft Corp. over smartphone technology.
Nokia Siemens Networks, the world’s second-largest maker of wireless phone systems, said it will pay $1.2 billion to buy wireless network assets from Motorola Inc. to expand in North America and Japan.
BlackBerry, which is attempting a comeback with a new lineup of smartphones, reported a surprise profit in the fourth quarter after embarking on a cost-cutting program last year, even as sales continued to trail projections.
Research In Motion Ltd. and Saudi Arabia reached an agreement that will allow BlackBerry services to continue in the country after the government was given the ability to monitor messages, the Associated Press said today.
Research In Motion Ltd. , maker of the BlackBerry smartphone, fell the most in two months in U.S. trading as a Sanford C. Bernstein Ltd. survey found more companies opting for rival devices such as Apple Inc.’s iPhone.