Technology giant Apple is reported to have bought California-based virtual reality company NextVR.
Veteran smartphone manufacturer BlackBerry says it’s moving away from producing its own handsets and will instead license its software to other companies.
The first deal is with an Indonesian partner, BB Merah Putih, which is led by a leading telecommunications distributor in Indonesia.
Android-powered devices being produced by a new Finnish company
Former mobile phone manufacturer Nokia has signed a deal that’ll see a new Finnish company producing Nokia-branded mobile phones and tablets.
The new company – HMD global – is being granted an exclusive branding and intellectual property licence to create Nokia-branded mobile phones and tablets for the next ten years.
A new report from mobile analysts at Juniper Research estimates that 320.3 million smartphones were shipped worldwide in the first quarter of this year.
That's a year-on-year drop of almost 6%.
Apple says its quarterly sales until 26th March 2016 were $50.6 billion (£34.7 billion), a year-on-year drop of 13%.
It’s the first time since 2003, before the iPhone was released, that the company’s quarterly sales have fallen.