Voices

BlackBerry Co-Founder Cuts Stake to Under Five Percent

BlackBerry Ltd. co-founder Michael Lazaridis disclosed in a regulatory filing Tuesday he cut his combined stake with another company co-founder in the smartphone maker to just under five percent.

BlackBerry Reports Massive $4.4 Billion Quarterly Loss, Inks a Deal With Foxconn

Still looking for a turnaround.
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Cisco to Spend $4 Billion to Create 1,700 Jobs in Canada

It’s all about taxes, eh?
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News Byte

PasswordBox Raises $6M to Help Manage Your Passwords and Keep Them From the NSA

PasswordBox, a Montreal-based company that makes password-management services and apps for consumers, has raised $6 million in Series A funding led by Omers Ventures and including angel investors such as Boku CEO Mark Britto and Facebook commerce lead Lee Linden. “We’re Canadian, so there’s no Patriot Act,” quipped PasswordBox founder and CEO Dan Robichaud. “And everything is encrypted and decrypted locally on your computer, so we are NSA-proof. If we receive a subpoena, we will send the encrypted files.”

BlackBerry’s Thorsten Heins Stands to Make Up to $22 Million Upon Exit

Not the payout he was looking for, but still respectable.
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Uh-Oh, Canada

When I heard that the troubled Obamacare Web site was built by a Canadian company, of course I felt personally responsible. … I’ll be happy when the glitches are all worked out and everything’s running smoothly, so I can put this all behind me.

— Montreal-born Barry Blitt, who drew the cover for next week’s New Yorker magazine

Voices

Canadian Government Likely to Seek Promises From Lenovo in Blackberry Bid

If Lenovo winds up bidding for troubled Canadian smartphone maker BlackBerry, the Chinese computer company should prepare for heavy scrutiny in the U.S. and Canada.

Mark Cuban Unplugged (As Usual) About Victory in SEC Insider Trading Case

The billionaire entrepreneur takes a victory lap (or two).
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Lenovo Eyeballing BlackBerry

Lenovo has long been rumored as a potential BlackBerry suitor.
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