Microsoft Corporation reportedly plans to acquire BlackBerry Limited

“Canadian telecommunications company BlackBerry Ltd. (NASDAQ: BBRY) has once again made their ways into the news with lot of gossiping taking place about its acquisition, and this time there’s Microsoft at the other end of the story.”

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BlackBerry loses a billion dollars in three months, blames it on failed Z10

“BlackBerry has just reported a $935 million hit in Q2 due entirely to what it’s calling a “Z10 Inventory Charge” — in other words, a loss associated with creating a stock of flagship handsets that subsequently failed to sell.”

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