BlackBerry has signed a letter of intent agreement under which a consortium to be led by Fairfax Financial Holdings Limited has offered to acquire the company subject to due diligence, it said in a statement.
Blackberry vendor Research-In- Motion (RIM) on Monday said it cannot hand over the message encryption key to the government as its security structure does not allow any 'third party' or even the company to read the information transferred over its network.
Though the controversy over the security of BlackBerry services is yet to be resolved, the four operators that offer these services - Bharti Airtel, Vodafone Essar, BPL Mobile and Reliance Communications - have added over 50,000 customers in the four months since the problems began. Before this, the push-mail service, which was introduced in India in October 2004, had 400,000 subscribers according to industry estimates.
Here's the latest that has taken the tech world by storm: from Samsung and Nokia's flexible displays to first Windows 8 smartphone to RIM's offer of free BlackBerry Curve 8520 with PlayBook tablet to the first tablet that will come out with Android Ice Cream Sandwich and more.
RIM executives met DoT officials on Thursday to address the security concerns raised by DoT over inaccessibility of the data encryption keys. Intelligence agencies have said the services offered by RIM posed a risk as e-mails sent between BlackBerry smartphone could not be traced or intercepted and the government has written to RIM asking it to set up servers in India.
Toughening its stand, the Indian government has conveyed to the BlackBerry makers to install its server in India for tracking its messenger and enterprise mail service as the offer made by it to provide data from its Canada-based server could be detrimental to national security.
According to a recent journal published by the controller general of patents designs and trade marks, Canada-based Research In Motion, who manufacture the popular Blackberry smartphones, has sought a patent for wireless systems providing a mechanism for resource sharing. After getting a patent in India, RIM would have exclusive right over the invention in the country.
FY14 profit halves, dips to 4-yr low
According to agencies, the government is now checking whether they have the technology to monitor emails when they get briefly stored in an enterprise server.
The device has already garnered good reviews, which helped RIM stock surge.
Research-in-Motion, the Canada-based provider of Blackberry services, has assured Indian operators that it has come up with a solution to the contentious issue of allowing government security agencies to monitor the service without compromising data security.
The voice-assistant and intuitive text search are other features which Lalvani says would aid productivity.
As Research in Motion goes through a major shake-up, Fairfax Financial founder Prem Watsa has taken a seat on its board, expanding it to 11 members.
As part of RIM's strategy in India, the company has been building its resources in order to support the growing opportunities.
Users of entry-level handsets will soon be able to avail of push-mail services, with the Rajesh Jain-promoted Netcore Solutions close to launching the service in India.
BlackBerry-maker Research in Motion said it is hopeful that its dispute with India and the UAE over the issue of data security will be resolved successfully, but reiterated that it "cannot compromise the security architecture of its enterprise solution."
BlackBerry-maker Research in Motion on Wednesday slashed prices of its handsets by up to 26 per cent as it looks to grab a bigger share of the smartphone market in India.
Blackberry, in partnership with Vodafone, has come up with an in-your-face kind of campaign that makes no reference to the controversy.
US sales of all-new BlackBerry 10 devices will start from March.
Norm W K Lo loves Indian food and is fond of savouring daal and naan, that is whenever he is in the country. And for him getting close to the food he loves is not a far-fetched dream, as Lo's job mandates he travel to India at least twice every month
After much controversy, BlackBerry has finally set up its server in Mumbai following intense pressure from the government to provide a mechanism for lawful interception of its messenger services and Nokia has been asked to follow suit.
Research in Motion, the makers of BlackBerry, which was until recently under the government scanner over security concerns, is now looking at an India-specific strategy that includes local manufacturing.
The company which posted results for the latest quarter said restructuring efforts are underway that will include a workforce reduction of around 5,000 employees.
Close on the heels of offering its tablet PC, PlayBook, at discounted prices, Canada-based Research in Motion in its bid to increase market share and take on the Nokias and Samsungs of the world, has slashesd the prices of its top-selling phones by almost 26 per cent.
The government has set a deadline of March 31 for telecom operators to provide an interception solution for BlackBerry enterprise services.
Research in Motion must chart a tough course in India. It needs to launch cheaper handsets to woo lower-end subscribers, as the price conscious market will not buy the expensive devices launched elsewhere.
Even as India's external affairs ministry has reportedly assured Canada that the Department of Telecommunications is trying to resolve the issue of a potential threat to India's security posed by BlackBerry phones, Research in Motion, the makers of the phones, said it is committed to addressing all aspects of the issue.
The department of telecommunications was likely to ask the government for an extension to resolve the issue, as RIM needed time to provide real time access to its corporate e-mails, a senior official said. About 1 million Indians use BlackBerry.
The government on Thursday made it clear that BlackBerry services may be banned if its maker, Research-in-Motion, fails to provide a monitoring solution in the next five days.
All Apple haters may just have a good reason to rejoice. If rumours are to be believed, Apple's greatest rival -- Research in Motion -- is set to launch the Blackberry Playbook in Mumbai on June 22.
Though millions of BlackBerry users may be worried about the Indian government snooping on them, only the phones of certain terror suspects would be tracked, reports Vicky Nanjappa
The BlackBerry Bold may look like an iPhone wannabe but Research In Motion won't give up any customers without a fight
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The United States has also been in touch with RIM, the Canadian company that operates the BlackBerry network worldwide.
Research In Motion (RIM) has posted a 45 per cent jump in net income to $911 million for the third quarter ended November 27, 2010, driven by record sales of Blackberry phones.
The BlackBerry mobile phone maker Research In Motion (RIM) has agreed to provide security agencies partial access to its messenger services by September one and would complete the project by the end of the year.
The Telecom Ministry on Monday said its technical team is testing the solution of interception given by smartphone BlackBerry maker Research In Motion (RIM) and is expecting a report by end of October.
Here's all the latest in the world of gadgets and gizmos that you may have missed this month beginning with how Research In Motion is tempting you to buy the PlayBook.
PlayBook has received lukewarm response globally.