World News

Smartphone Maker BlackBerry May Sell Itself

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.

Featured Story

Iranian Foreign Minister Mohammad Javad Zarif, center, speaks to the press after meeting with the German and French foreign ministers in separate meetings at the Beau Rivage Palace Hotel in Lausanne, Switzerland, March 28, 2015.

European Ministers Join Iran Talks in Switzerland

French, German ministers hold private sessions with Iranian Foreign Minister Mohammed Javad Zarif, consult with US Secretary of State John Kerry. More