November 4, 2013 |
In a stunning turn of events, BlackBerry announced Monday that its $4.7-billion buyout had fallen through, that it was no longer for sale and that Chief Executive Thorsten Heins was out. Shares of BlackBerry plummeted on the news, falling more than 16% in early trading in New York. Its shares were down 13% to $6.76 at 7:50 a.m. PST. The Canadian company said the slew of announcements marked the conclusion of its review of strategic alternatives, which had seen BlackBerry shopping itself around to several potential buyers in recent weeks.
October 15, 2013 |
There are three solid senior quarterbacks in the Western League this season: Alexander Diamont of Venice, Taylor Mensik of Palisades and Myles Bowen of Fairfax. Bowen got the best of Mensik last week, leading Fairfax to a 36-35 win over Palisades. He has passed for 1,240 yards and 10 touchdowns. Both will have to get past Diamont and Venice. Fairfax hosts Venice on Nov. 1. Palisades hosts Venice on Oct. 25. Eric.firstname.lastname@example.org
CALIFORNIA | LOCAL
October 2, 2013 |
Months after floating the idea of a trolley that would connect the landmarks of the Fairfax neighborhood, billionaire developer Rick Caruso has teamed with the Los Angeles County Museum of Art to study whether such a transit option could really work in the trendy part of town. A spokeswoman for Caruso's real estate development company said Wednesday that the study would examine “a few potential routes, including several options via Fairfax Boulevard.” In a news release, Caruso Affiliated specifically proposed a connection between the anticipated Metro Purple Line subway station near LACMA and The Grove.
September 23, 2013 |
In a last-ditch effort to salvage its business, BlackBerry has struck a tentative deal to be bought by a Canadian insurance company for $4.7 billion. An agreement is not complete and other bids could emerge, but already analysts are saying that the smartphone maker's lifeline may not be enough. "Nothing has changed about the direction of the company. The only thing in question is how long the company can be sustained by the new owners," said Roger Entner, founder of Recon Analytics.
September 23, 2013 |
BlackBerry is getting a much-needed lifeline, announcing Monday that it had struck a deal to be bought for $4.7 billion. The Canadian smartphone maker said it had signed a letter of intent with a consortium led by Fairfax Financial Holdings Limited, which will take the smartphone maker private. PHOTOS: Top 11 cool, hidden features in Apple's iOS 7 "We believe this transaction will open an exciting new private chapter for BlackBerry,...
September 12, 2013 |
Prep football fans who have a free Thursday night have an opportunity to pick from some intriguing games. Unbeaten Tesoro (2-0) is hosting Chino Hills (1-1), which gave Bishop Amat all it could handle last week. Valencia (1-0) will get to learn just how well it might match up later in the season against Foothill League rival Hart (2-0) by hosting Chaminade (1-1), which lost to Hart in overtime last week. Birmingham (2-0), after routing two weak opponents, will face a Fairfax (0-2)