BlackBerry to be acquired by Fairfax Financial for $4.7 billion

The once-mighty smartphone maker Blackberry has agreed to sell to a group led by its largest shareholder, Fairfax Financial, for USD $4.7 billion. In related news, Apple announced record opening weekend sales on its new iPhone 5s and 5c models: three days after the September 20 launch, they've sold 9 million of the new devices.