Tech Article 10/3

BlackBerry is Going Down The Drain

• BlackBerry is now is worse financial shape than they thought, they plan on laying off 4,500 employees by the end of the year, this is 4x the amount they expected to release.
• BlackBerry is loosing its appeal to international markets because they are now switching Androids.
• People nowadays are looking for a phone with many apps, the BlackBerry surely isn't one for that.
• The company announced on Friday there quarterly losses at $965 million.
• That included a $934 million for the unsold BlackBerry z10.
• BlackBerry said they delayed the report of numbers due to its ongoing negotiations with private insurance company FairFax Financial.