Event:
The CEO of BlackBerry Ltd. will be refocusing its business on software and services in an effort to turn around the company; once a leader in the smartphone market, the company's products now account for less than 1% of global market share
More Notable Events on May 29:
1990 Boris Yeltsin is elected president of the Russian republic
1989 Student protesters in China construct a replica of Statue of Liberty
1987 Michael Jackson attempts to buy Elephant Man's remains
1953 Edmund Hillary and Tensing Norkay are 1st to reach summit of Everest
1919 Einstein's light-bending prediction confirmed by Arthur Eddington
