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John Chen

Latest Headlines

Latest Headlines

BlackBerry's closing of Swedish handset facility latest move in Chen's turnaround strategy

Since taking over as chief of the company in 2013, BlackBerry CEO John Chen has steadily moved the firm away from a focus on mobile devices and toward software and services for the enterprises. As part of that effort, BlackBerry is mulling closure of the Swedish facility that developed its BlackBerry 10 smartphone line, the Wall Street Journal reported.

BlackBerry continues to sing the blues

There is more bad news for BlackBerry. Following BlackBerry's report of a net loss of $5.9 billion and a 38 percent revenue decline for its most recent fiscal year comes a Ponemon Institute survey that finds close to half of financial services IT pros plan to phase out BlackBerry completely by next year.