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November 4, 2013 01:41 pm -05

BlackBerry abandons $4.7 billion rescue deal and replaces CEO Thorsten Heins

If you were looking for positive news about BlackBerry's future, we'd suggest you look away. Canada's favorite smartphone maker has announced that its $4.7 billion rescue deal with Fairfax has collapsed -- forcing the outfit to switch to Plan B. Instead, BlackBerry will raise $1 billion off its own ...

Original Link: http://www.engadget.com/2013/11/04/blackberry-abandons-fairfax-deal-heins-out/?ncid=rss_truncated

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Engadget

Engadget is a web magazine with obsessive daily coverage of everything new in gadgets and consumer electronics. Engadget was launched in March of 2004 in partnership with the Weblogs, Inc. Network (WI

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