Samsung may or may not be in talks to buy BlackBerry.
According to a Reuters report, Samsung recently approached BlackBerry with a buyout offer of as much as US$7.5 billion. The report stated that executives met last week to discuss the proposed deal.
BlackBerry announced a security partnership with Samsung this past November, but for Samsung this acquisition would be motivated largely by the prospect of adding valuable BlackBerry patents to its portfolio, according to the report.
BlackBerry has since denied the report, resulting in a 16% stock share price drop.
Google’s Project Ara to make debut this year
Google had its second developer conference for its modular smartphone project, Project Ara, yesterday, where it announced that it will finally make its debut later this year. The smartphone will be introduced as a pilot program in Puerto Rico.
According to Google, the company chose Puerto Rico because of its strong mobile user base. Seventy-five percent of Puerto Rico’s population gets access to the Internet through mobile phones.
Google will be working with two carriers to distribute the modular phones: Claro and OpenMobile. In addition, Google plans to create a different experience to selling the phones.
“We want to create a flexible retail experience,” said Paul Eremenko, director of Project Ara. “We’re designing a food truck as a retail vehicle for the market pilot.”