BlackBerry Replaces CEO, Decides Not to Sell

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BlackBerry Replaces CEO, Decides Not to Sell

Nov 05, 2013 22:00

Are they selling or not? The company has decided not to sell itself and is instead raising $1 billion and replacing CEO Thorsten Heins with John S. Chen. Chen was the previous CEO of SAP company Sybase.

The troubled company had until November 4 to agree to an acquisition by Fairfax Financial Holdings for $4.7 billion but is now seeking to raise $1 billion by selling convertible notes to a group of investors including Fairfax. Read their press release here. The transaction is expected to be completed within the next two weeks.

Chen served as CEO of Sybase since 1998. SAP acquired Sybase in 2010.

How Does Endpoint Management Support Compliance Goals?

Organizations continue to reside under substantial pressure to provide security and compliance with data in the current-day complex regulatory ambiance. Enter endpoint management — a strategic approach to managing and securing devices, that has become a key tool for achieving these objectives. Endpoint management solutions assist organizations with stringent compliance requirements by establishing a single interface for monitoring, controlling, and securing devices. Read more

TECH NEWS Dec 18, 2024 15:20

Choosing the Best Application Security Testing Tools for Your Business

Application security is the face of organizational success in today's digital transformation era. It has been brought about by rising cyberattacks against applications that are forcing businesses to choose strong security solutions. With application security software, one is capable of protecting sensitive data, regulating compliance, and maintaining trust with customers. In this blog, we will review how to evaluate and pick the best application security testing tools, with a spotlight on the capabilities of HCL AppScan. Read more

TECH NEWS Dec 18, 2024 11:29

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Investing in recent IPOs has become a popular way for people to grow their wealth while participating in the journey of emerging companies. In the Indian market, the number of IPOs has surged in recent years, offering exciting opportunities. However, for both seasoned and new investors, understanding the nuances of IPO investments is crucial. Read more

TECH NEWS ipo Nov 27, 2024 22:49