Analysts said Blackberry would be broken up into pieces if a private equity firm would purchase the smartphone maker.
Sectors
Egypt unrest could mar economy - observers
Political unrest in Egypt affected both small-scale and large scale business. Observers fear it would get even worse.
UPS cargo plane crashes near Birmingham airport
The cargo plane of UPS crashed into a field close to Birmingham airport, killing two pilot and scattered debris over a rural area.
Smartphones outsell feature phones for the first time
Gartner said during the second quarter, smartphones outsold feature phones for the first time. According to research firm Gartner, smartphones outsold feature phones during the second quarter for the first time.
Apple shares up by 2.7%, exceed USD500 per share price
Apple's stock rose after Carl Icahn expressed his interest in the company amid the release of Apple's new products.
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US District Judge Denise Cote scheduled a May 2014 trial for Apple to determine damages. On Wednesday, a court order said US District Judge Denise Cote scheduled a May 2014 trial for Apple to determine damages.
Analysts said the release of new iPhone and the 4G license grant for China Mobile might mean Apple and China Mobile's deal is looming.
Gartner said this year, the public cloud services market would grow by 18.5% to USD131 billion worldwide.
Gartner confirmed the latest report from the International Data Corporation and said Android-based devices made up 79% of all the smartphones sold during 2013's second quarter.
Analysts said supporting an expanded buyback program proposed by Carl Icahn would be short sighted. Billionaire investor Carl Icahn said he thinks Apple shares were "extremely undervalued.
Oi SA plunged following its announcement about an unexpected loss and reduction of its dividend payment.
Supremex announced the termination of its talks with Clarke Inc about a possible deal to go private.
Venture capital tycoon Prem Watsa quit from BlackBerry board and was expected to outline BlackBerry's stock market exit.
AOL CEO Tim Armstrong apologized through a memo sent to the company's personnel. Tim Armstrong, Chief Executive Officer of multinational mass media company AOL Inc.
