BlackBerry reports massive quarterly loss, new deal with Foxconn

BlackBerry yesterday reported their quarterly earnings, taking yet another massive writedown and awful results. However, thanks to a new deal with Foxconn and an expectation that the worst is finally behind them, the company's shares surged 15 percent. The deal, a five-year partnership with the Taiwanese manufacturer, will initially be for low-end devices that will go on sale in emerging ... [ read the full article ]