BlackBerry gives up on building phones

It's the end of an era: Canada's BlackBerry has announced it will stop building hardware altogether, focusing instead on its software and services business. 

"The company plans to end all internal hardware development and will outsource that function to partners," Blackberry CEO John Chen said in the company's latest financial statement.

BlackBerry's latest phone, the DTEK50, was, in fact, built by Alcatel, and with no new BlackBerry phones on the horizon, the move wasn't hard to predict. But if it's not going to build phones, what will BlackBerry do? Software, mostly. And according to Chen, the strategy is already working. Read more...