Blackberry sold to Fairfax Financial for $4.7 billion

  BlackBerry has agreed to sell itself for $4.7 billion to a group led by largest shareholder, Fairfax. BlackBerry said Monday that a letter of intent has been signed and its shareholders will receive $9 in cash for each share. Fairfax head Prem Watsa is a former board member who owns 10 percent of BlackBerry. Watsa stepped down when BlackBerry announced it was considering a sale last month. The billionaire is one of Canada's...............more news via link

BlackBerry 9720 with 7.1 OS Launched In India Rs. 15990

Blackberry which launched BlackBerry 9720 last month has been launched in India with price tag of Rs 15,990.With a 2.8-inch touchscreen TFT LCD display and a 360x480 pixels resolution, BlackBerry 9720 features QWERTY keyboard.It is powered by an 806MHz Tavor MG1 processor and has 512MB of RAM. The device is equipped with a 5-megapixel rear camera with 4X digital zoom.......more news click link