BlackBerry is drowning, and has been for a while, but diving out of the consumer market because of a $1 billion loss on a single smartphone is a big move. What can help the Canadian phone maker now?
Well, co-founder of BlackBerry, Mike Lazaridis, who stepped down from his co-CEO role in 2012, has reportedly approached more than one private equity firm about putting in a bid for BlackBerry. This all comes from a report on The New York Times, who says that talks are simply preliminary right now. Lazaridis might not make an offer, but it would definitely put a big spin on the situation.
Big industry players like Huawei and Lenovo have reportedly been linked to business talks, but nothing is confirmed right now. We'll have more as it happens.