BlackBerry

BlackBerry: The Canadian tech darling announced Friday it expects to post a loss of between US$950 million and $995 million when it reports its second-quarter earnings next week, according to CTV. But tech and business analysts say this could spell the beginning of the end for BlackBerry and News that BlackBerry would be cutting 4,500 jobs has many questioning the future of the struggling Waterloo, Ont., company. The company says layoffs, which will affect 40 per cent of its global workforce, will help BlackBerry cut its operating costs in half by the end of May 2014. (www.immigrantscanada.com). As reported in the news.