World News

Smartphone Maker BlackBerry May Sell Itself

TEXT SIZE - +
Financially struggling smartphone maker BlackBerry says it may sell itself.

Canadian-based BlackBerry said Monday it would consider a sale or joint ventures and partnerships with other companies. It recently introduced three new versions of its smartphones, but its market share has continued to decline.

BlackBerry once controlled nearly half of the smartphone market in the world, but now its share is less than 3 percent. The market is dominated by wireless companies using Google's Android operating system and Apple's iPhone.

In an effort to regain its financial footing, BlackBerry has laid off 5,000 workers and closed some of its manufacturing plants. The value of the company has declined by more than $70 billion in recent years.

Feature Story

Pope Francis walks with his pastoral cross as he leads the Easter mass in Saint Peter's Square at the Vatican April 20, 2014.

Christians Celebrate Easter

Worshippers gather in Saint Peter's Square for traditional Easter mass led by Pope Francis More