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Elon Musk on MacKenzie Scott giving away $26 billion of her fortune: 'Sadly,' it makes the world a worse place

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MacKenzie Scott alone accounted for one-third of America's $19.2 billion in megagifts last year

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Philanthropy leader at Warren Buffett and Bill Gates’ Giving Pledge says children of billionaires are pushing them to give their wealth away faster

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Elon Musk on MacKenzie Scott giving away $26 billion of her fortune: 'Sadly,' it makes the world a worse place

2

MacKenzie Scott alone accounted for one-third of America's $19.2 billion in megagifts last year

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Philanthropy leader at Warren Buffett and Bill Gates’ Giving Pledge says children of billionaires are pushing them to give their wealth away faster
BlackBerry

BlackBerry’s ‘Classic’ Smartphone Is About to Disappear

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July 5, 2016, 10:23 AM ET
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BlackBerry Classic (2014) frontCourtesy BlackBerry
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BlackBerry (BBRY) will stop making its Classic smartphone, 18 months after launching it in an effort to entice users who prefer physical, rather than touch, keyboards, the Canadian technology company said on Tuesday.

The Classic was launched early last year, with a physical keyboard in the vein of its Bold predecessor and powered by the company own overhauled BlackBerry 10 operating system.

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BlackBerry has since launched a phone powered by Alphabet’s (GOOG) Android software and plans several more, and BlackBerry Chief Executive John Chen last month expressed confidence the company’s trimmed-down handset business can turn a profit by a self-imposed September deadline.

The company will no longer manufacture the Classic as it updates its device lineup “to keep innovating and advancing our portfolio,” Ralph Pini, who joined BlackBerry in May as its new chief operating officer and devices head, said in a blog post on Tuesday.

For more, read: U.S. Senate to Drop BlackBerry in Favor of iPhone, Android Devices

The Waterloo, Ontario-based company, which has shifted focus from its once-dominant smartphones to the software that companies and governments need to manage their devices, also said on Tuesday it was on track to deliver an updated version of the BlackBerry 10 operating system next month.

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