Tag: mobile technology news

Shareholders are breathing once more as the smartphone manufacturer inks a deal for its sale.

BlackBerry has finally struck a deal that is topping technology news headlines, as a consortium that is lead by its largest shareholder – Fairfax Financial Holdings Ltd. – made an offer that it could not refuse.

The deal couldn’t come at a better time, stopping the downward spiral of the company’s share price.

Trading of the BlackBerry stocks came to a dead halt when it accepted an offer to be bought out by the consortium, led by the Canadian company. This sale will purchase the withering smartphone manufacturer for $9 (US) per share, which was above the price at which the stocks were being sold when they stopped trading. That said, this technology news figure is also well below the price at which the stocks were being sold before they began their freefall on Friday.

This technology news arrived just after the company declared its devastating second quarter losses.

On Friday, the company started a complete meltdown of its share prices when it released the highly unpleasant technology news in which it stated that it had lost $1 billion in sales during the second quarter.

The technology news headlines have been heavily focused on BlackBerry, lately, as it unexpectedly launched a new handset and made its BBM messenger service available to Android and iOS based device users. Even these moves couldn’t come close to rescuing the company as it continued its rapid downward slide. Analysts and industry experts were releasing dozens of predictions regarding the future of the company, from sale to rebuilding itself, and from bankruptcy to breaking itself up and selling off the pieces.

Finally, the light shone at the end of the tunnel as the more definitive technology news was announced to reveal that Blackberry would, indeed, be sold, for an estimated $4.7 billion, all in cash. The Fairfax shares will also be applied against the deal. This could mean that there is a promising private sector future ahead of the tech company, once more, though the precise details of that future have yet to be known.

The firm has released its data indicating that the rate in the United States broke the 60 percent mark last quarter.

comScore just released its latest technology news data on Friday, which has identified the latest penetration and other trends in the mobile world, using data as recent as the end of July.

As of the close of July 2013, there was a considerable growth in smartphone popularity in the U.S.

The latest mobile technology news trends up until the last quarter have shown that the penetration rate of smartphones in the United States has now broken the 60 percent mark. The details of the report from comScore showed that the leading manufacturer of smartphones in the U.S. is still Apple.

The technology news data showed that Apple is maintaining a hold of 40 percent OEM market share.

At the same time, while Apple may be the single smartphone device manufacturer leading the way, it is Android that is making the technology news as the most popular smartphone platform, not Apple’s proprietary iOS. Android’s lead is considerable, as it holds an estimated 52 percent of the platform market share.

As a result of this, it didn’t come as a surprise to very many people that Google Sites were once again the leaders in that category of technology news, last quarter, as they have in the previous quarters.

The comScore report stated that “Google Sites ranked as the top web property on smartphones, reaching 92.6 percent of the mobile media audience (mobile browsing and app usage).” Their technology news went on to say that this was “followed by Facebook (86.3 percent), Yahoo! Sites (81.7 percent) and Amazon Sites (66.8 percent).”

When all was said and done, the comScore data estimated that during the surveyed period, there were 143.3 million people in the United States who owned smartphones. The estimated penetration rate which is now believed to be greater than 60 percent would indicate that there has been an increase of a considerable 3 percent since April 2013. This clearly indicates that these devices are making rapid headway within the United States, and that the growth will continue.