Blackberry was due to announce it’s second quarter results via a conference call this morning (Friday, September 27, 2013) but cancelled as rumours circulated the troubled smartphone giant was the subject of a tentative buyout bid from its largest shareholder, FairFax Financial Holdings.
Month: <span>September 2013</span>
Remember when we told you that AOL CEO, Tim Armstrong, fired an employee during a conference call to over 1,000 other AOL staff? Well a CNN reporter quizzed him on whether he feels the decision was justified – and he said that it was!
After seeing a recent tumble in its share price, Microsoft has announced a share buyback scheme worth $40billion and will raise shareholder dividend payments by 22%.
The announcement comes shortly after it saw its share price drop by 5% following its acquisition of Nokia’s phone business for $7billion and has seen the company’s stock rise by 1.4%.
A Google Street View car has caused mayhem in Bogor, Indonesia, after crashing into a truck and TWO public transport buses.