The company also rolled out notable improvements to its BlackBerry Messenger service, or BBM, with "neat features" including PayPal integration and The Sticker Club, according to Tech Times.
Also, BlackBerry subsidiary Secusmart signed an agreement with Tata Power to make anti-spy phones, devices that are secure and can't be hacked for eavesdropping, tailored for the needs of government customers, according to Business Standard.
Telecom Italia (TI) advanced 2% to $12.20 as French media group Vivendi (VIVHY) raised its stake in Italy's former monopoly network operator to 19.9%. The move comes as the mobile telecoms industry is consolidating and Telecom Italia is seen as a possible takeover target, Reuters reported Tuesday.
Broadcomundefined declined 1.6% Tuesday to close at $50.25. European Union antitrust regulators are expected to decide by Nov. 9 whether to allow Avago Technologies' (AVGO) - Get Broadcom Inc. Report planned $37 billion takeover of Broadcom to go forward, Reuters reported Monday. It would be the biggest-ever merger in the sector, according to the news service.
This article is commentary by an independent contributor. At the time of publication, the author held no positions in the stocks mentioned.