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BlackBerry CEO axes planned BB10 for PlayBook tablet

The BlackBerry PlayBook will not be moving to BlackBerry 10 after all. Related stories Facebook’s $90 Million Data-Tracking Settlement: There Are Only Days Left to File a Claim Before the Deadline Tech Companies Ramp Up Efforts to Combat Online Extremism Championing Impactful, Awarding-Winning Journalism in a Changing World CEO Thorsten Heins confirmed that he had canceled BlackBerry’s plans to bring …

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BlackBerry narrows loss, but Wall Street had expected a profit

BlackBerry may have shown a bit of progress in sales of its new smartphones, but its loss left many industry watchers surprised and disappointed. The Waterloo, Ontario, company on Friday posted a loss of $84 million, or 16 cents a share, in its fiscal first quarter, which ended June 1. That was narrower than the loss of $518 million, or …

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