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BlackBerry shares surge after Facebook bid for WhatsApp

By Euan Rocha TORONTO (Reuters) – Facebook Inc’s stunning $19 billion bid for fast-growing mobile-messaging startup WhatsApp sent shares of BlackBerry Ltd surging after the closing bell on Wednesday, as investors were cheered by the lofty valuation for the messaging platform. The deal sent shares in BlackBerry up as much as 9 percent in trading after the bell because it put a rough valuation metric around the smartphone maker’s own BlackBerry Messaging service. BlackBerry Messaging, or BBM as it is more commonly known, was a pioneering mobile-messaging service, but its user base has failed to keep pace with that of

Quoted from BlackBerry shares surge after Facebook bid for WhatsApp on Gadgets News Headlines – Yahoo! News

BlackBerry Shares Surge To 4-Year High On Deal With Baidu For Self-Driving Cars BlackBerry's Toronto-listed shares up 13 percent to a four-year high after the deal with China-based pany Baidu FBN’s Nicole Petallides breaks down the day in the markets. d on Wednesday the smartphone maker said one of its established partners has placed an order 1 million 10 smartphones, with shipments starting immediately. Tags: blackberry, shares, surge, huge, BlackBerry shares surge 15.5% on 15.5% on Foxconn deal. Ailing smartphone maker reported another round of losses during its third quarter as it navigates a major transition pulling away despite record losses. d 15.52 percent to end the day at $7.22. Daily News Egypt December 25, 2013 2 ments. Pin +1 Tweet Share Share Jobzella Email. A

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