[]Online reaction: BlackBerry deal with Fairfax over, CEO out BlackBerry dropped a bombshell Monday, announcing that it has abandoned plans to sell the company to Fairfax Financial in a deal that would have been worth $4.7-billion. Instead, the smartphone maker says it will raise US$1 billion from a group of investors that includes Fairfax, and plans to replac Storified by · Mon, Nov 04 2013 07:05:52
Reaction to the announcement on social media was split-- with some saying the latest news signals that the Canadian tech giant is one stepcloser to its demise.
@SnarkySteff I don't blame the iPhone for Blackberry's demise, I blame Blackberry - they just didn't remain competitive.Duane Storey
Blackberry scraps plans to sell & now axes CEO. Erm….good luck with that. :-ISimon Powell
BlackBerry no longer seeking deal, looks to replace CEO, receives $1B investment. http://t.co/APPnq1K960Jose Luis Bencosme
Let's not forget the real casualty of today's BlackBerry news: @aliciakeys.Tim Stevens
Dear oh dear #BlackBerry, banks not backing the fairfax bid and now its sack the CEO and go alone! Odds on a patent fire sale in 12 months?Jason Plant
@BlackBerry, I promise I will tell your story to my daughter! Stupid guys don’t last long! Its 2013 guys not 1995! Its okay, pls don’t cry!Zaur Aliyev
BlackBerry collapse imminent? #ByeBerry.Michael A. Maina
Others welcomed the news, saying a change in BlackBerry'smanagement is exactly what the struggling company needs.
Glad to hear #blackberry news this morning. I love my z10! And they needed a change in management.Cynthia W.
@PeterHoskinsSky hooray. Beloved Blackberry saved. hughes
And on the 4th of November God saved my beloved #Blackberry #TeamBlackberry let's goo!Chike Nweke
@BlackBerry raising $1Billion of funds and changing CEO. I'm happy Blackberry is getting one more shot. #teamblackberry #blackberryFeri
Blackberry's still got some fight left apparently... abandoning sale process and going to have a run at it!karmkhanna
As the company looks for a new CEO, a number of suggestionswere offered via Twitter.
Left field idea for BlackBerry: could Alicia Keys fill the CEO seat?Prof Jeff Jarvis 2.0
I bet the Blackberry CEO’s first thought when he was fired was “Great, now I can switch to an iPhone!”.Addison Gardner III
Thorsten Heins gets a $55M payout? I, too, failed to turn BlackBerry around - where do I pick up my cheque?Dave Liggat
Rob Ford is the new CEO of BlackBerryJames Bowes
This is a hint for #BlackBerry that I'm available for the open CEO position. You guys need a new, fresh and young approach to get topside...Rick