Billionaire Jim Simons has invested nearly $36 Million dollars in shares of BlackBerry. That equates to Mr. Simons purchasing 3.3 Million shares of BlackBerry stock. This investment seems to show that Mr. Simons sticks by BlackBerry CEO John Chen and how BlackBerry is leading the way for the Internet of Things (IoT). Simons has been […]
Its come to light in recent days that there have been more than one financial investor in BlackBerry. After the deal with Fairfax fell through the plans changed and BlackBerry is no longer going private. Fairfax is still involved, dumping quite a bit of money in, but a few other companies joined in and added […]
It makes sense to invest more money into the new Blackberry 10 platform. RIM is going to invest $100 Million to developers. Obviously as a business they are always investing in developing. But this time around they are sinking a whole lot more money. The plan is to pay developers $10,000 an app, on the […]
The Microsoft/RIM rumor-mill is hard at work today. Microsoft is rumored to make a $3.5 billion investment in RIM according to sources. As we know Microsoft and RIM have a long history of rumors from investments to total take overs.