Blackberry Sale Off, CEO Steps DownPlay
Blackberry announced today that a deal to buy the ailing company is off. Instead, it will receive a $1 billion investment to help it move forward.
Up until about two years ago, the company was a strong leader in the smartphone market, but a series of missteps caused the company to lose its place.
Financial Times reporter Cardiff Garcia joins Here & Now's Jeremy Hobson with the latest.
- Cardiff Garcia, reporter for the Financial Times blog FT Alphaville. He tweets @CardiffGarcia.
This segment aired on November 4, 2013.