top of page
Long-time Chief Executive Officer Ben Silbermann of Pinterest would step down, handing over the reins of the social media platform to Google...

Stock Market

Google executive to take over as a new CEO of Pinterest

Top accounting firm Ernst & Young has been slammed with a record $100 million fine from the US government...

Stock Market

Accounting firm gets 100 million fine for faulty regulations

The Indian rupee slipped into a fresh low today and extended losses against the US dollar.

Forex

The rupee tumbled to a new low against the dollar in the midst of an increase in crude oil price

Wall Street saw a sharp fall at its closing in a broad sell-off. Consumers' worries over recession have sparked up...

Stock Market

Wall Street Lose Balance after recession strikes growth fear among consumers’

Soaring inflation may be pushing the US economy into a deep recession. Last week's 0.75% interest rate hike by the Federal Reserve...

Stock Market

Inflation ringing the recession bell - Mohammed Shaheen

Stock Market

4 Jan 2022

BlackBerry Bids Goodbye, Ending Its Legacy as an Erstwhile Go-To Mobile Phone Choice

The Index Today

The Canadian company, BlackBerry Ltd., has announced that its mobile phone devices will stop functioning after January 4th, 2022, marking the end of its legacy as a once-reigning purveyor of classic phones popular among professionals and youth alike.

The company in a written statement revealed that their handsets will “lack the ability to receive over the air provisioning updates and as such, this functionality will no longer be expected to reliably function, including for data, phone calls, SMS and 9-1-1 functionality.” As a result, BlackBerry devices will stop working after Tuesday.

BlackBerry had stopped the production of its smartphones in 2016 and became a software company, after handing over its smartphone production operations to TCL Communication Holdings Ltd. that manufactured new handset models until 2020, following the expiration of its deal.

Formerly known as Research In Motion, BlackBerry Ltd. rose to prominence for its edgy, reliable handsets, propelling the company to the forefront as the leading manufacturer of the choicest phones in the 1990s. However, with the rise of Apple Inc.’s iPhone and a variety of subsequent Android smartphones, BlackBerry’s allure began to fade culminating in the current shutdown of its devices which, despite its many recurrent setbacks, continue to remain popular if not the most popular as it once was.

©Photo: ft.com

Clay pottery with table linens
bottom of page