While it is considerably easier to expand market presence by releasing devices tailored for certain market segments, this is not a route that BlackBerry plans to choose, according to its chief executive officer. John Chen believes that instead of releasing many new hardware devices, the company needs to offer competitive …

BlackBerry this week formed a new business unit that will concentrate on patents, technologies and software. The new unit will help the company to get new revenue streams without selling smartphones, but by licensing its intellectual property, software or technologies. BlackBerry Technology Solutions, or BTS, includes BlackBerry’s technology assets, such …

BlackBerry on Tuesday said that it had bought a stake in NantHealth, a healthcare IT company. The companies intend to collaborate on the development of HIPAA and other government privacy certified, integrated clinical systems. BlackBerry hopes that the new business will allow it to finally earn hefty profits. NantHealth describes …

John Chen, chief executive of ailing handset maker BlackBerry, said in a new interview that he was not looking forward to exit the hardware business and cease selling smartphones. Contrary to the previous statement, Mr. Chen is now looking forward to make money on handsets. “I actually do plan on …