BlackBerry makes global job cuts
BlackBerry continues to lose market share in the global smartphone arena and even the unique BlackBerry Passport and the old-school BlackBerry Classic couldn't revive sales. The most recent release from the manufacturer is the BlackBerry Leap, a low-to-mid-range model with a 25-hour battery life. With BlackBerry 10.3.1 out of the box, the Leap comes with BlackBerry Assistant, the Android flavored Amazon Appstore, BlackBerry Blend and more.
Amid rumors that Microsoft and Xiaomi are both interested in buying BlackBerry, the company's stock is up 44% in the U.S. over the last 12 months. To be fair, rumors about a BlackBerry takeover seem to start spreading every few months. Back in January, there was talk that Samsung would buy BlackBerry for $7.5 billion; of course, that rumor never came true.