in the the middle of a custody battle with his ex-wife who worked at the salon. yesterday a frustrating day for 70 million people who rely on their blackberry smartphone force communication. what began a few days ago as a service disruption in europe in which a router switch fail and a back-up system crashed spread to north america. experts say catch-up from the data traffic jam may last through the weekend. the timing could not be worse for blackberry. with major competitor, iphone, releasing a new instant messaging app. some loyal customers say, this is the last straw with blackberry after a string of outage and device glitches in the last year the company s stock has fallen 65%, closing yesterday at just under $24 a share. blackberry is hurting and its company, r.i.m., as well. but markets were up yesterday on hopes of progress toward a european debt deal. let s take an early look at the markets as we get all up in your business this morning. cnbc s steve sedgewick is live
count on. to the halls of congress and a mom in atlanta who missed a kids activity. i don t have time to go home and check my email. blackberry s most serious disruption in years began overseas on monday when a router switch failed and a back-up system crashed. i ve had no communicational emails for two days. the company insists it wasn t hacked and the problem is fixed, but the data traffic jam is massive. the things that they missed is making the system go down in bits and pieces as well and apparently that s the reason why it spread to the united states last night. 70 million customers worldwide rely on blackberry s record of reliability from executives to families, emergency workers to the white house press corps, even president obama. but in the last year, the company s stock has fallen 65%. wall street doesn t believe in the growth story here. this don t believe that the management of r.i.m. has a handle on the future and will