Boyd Erman at the Globe and Mail:
BlackBerry Ltd. is abandoning a plan to find a buyer and will instead raise $1-billion of new funds and replace its chief executive and some directors, sources said.
Thorsten Heins, Blackberry CEO of less than two years, is out. The company-saving deal is dead. Their stock price is tanking in market pre-sales. What is going on over there? It looks like utter chaos.