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BlackBerry maker to cut jobs, delays new platform

BlackBerry maker Research In Motion said it would cut 5,000 jobs worldwide and delay its new smartphone platform as losses for the Canadian firm deepened.

BlackBerry maker Research In Motion said Thursday it would cut 5,000 jobs worldwide and delay its new smartphone platform as losses for the Canadian firm deepened.

The struggling firm said its loss in the quarter ending June 2 widened to US$518 million and delayed until 2013 a new platform to help compete with Apple and other smartphone makers.