BlackBerry is shutting down its phone business after 14 years of making handsets. The Canadian company is now focusing on making software and will outsource the manufacture of hardware to other companies. John Chen, the company’s executive chairman and chief executive, said: “We are focusing on software development, including security and applications. John Jackson, analyst at IDC, said BlackBerry’s decision to stop making devices was “entirely sensible and probably overdue”. BlackBerry also announced that its chief financial officer, James Yersh, was leaving the company at the end of October for personal reasons.

Source: The Guardian September 28, 2016 15:00 UTC