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Blackberry agree on selling company for $4.7 Billion to a group lead by Fairfax Financial

In this time of Tribulation , Blackberry's Hero device  failed to make a impression and lead to a loss of $1Billion  For the second time in as many trading days, shares of BlackBerry were halted in advance of some big news from the company. Today's news is no less big. BlackBerry has just announced that it's signed a letter of intent agreement for a sale of the company valued at $4.7 billion to a consortium led by Fairfax Financial (the company's largest shareholder). Pending due diligence that's expected to be completed by November 4th, the deal would see BlackBerry go private, with shareholders each receiving $9 per share in cash. In a statement, Fairfax Chairman and CEO Prem Watsa said, "we believe this transaction will open an exciting new private chapter for BlackBerry, its customers, carriers and employees," adding, "we can deliver immediate value to shareholders, while we continue the execution of a long-term strategy in a private company...

Blackberry Z30 is official

BlackBerry has just announced the Z30 - the smartphone with the largest touchscreen it has even put into production. Moreover, it's the first BlackBerry to ship with the company's latest version of BB 10 OS. The BlackBerry Z30 is built around a 5" Super AMOLED display with a resolution of 1280 x 720 pixels. This makes the pixel density meter stop at 295 ppi. In its core, the Z30 is powered by a dual-core 1.7GHz Snapdragon S4 Pro chipset and 2GB of RAM. Behind the battery back cover lies a 2,880mAh battery and measures 140.7 x 72 x 9.4mm. The larger battery found in the Z30 hasn't made it much thicker than the Z10 - the difference is just 0.1mm. The BlackBerry Z30 supports LTE as well as dual-band Wi-Fi 802.11 a/b/g/n, Bluetooth 4.0 and NFC. The back of the Z30 holds an 8MP camera with an f/2.2 lens and 1080p video recording capabilities. Video chatting has been taken care of with an 2MP front-facing snapper, which records 720p video. As we mentioned, the BlackBe...