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Blackberry - BB STOCK NEWS

Welcome to our dedicated page for Blackberry news (Ticker: BB), a resource for investors and traders seeking the latest updates and insights on Blackberry stock.

BlackBerry Limited (NYSE: BB; TSX: BB) is a leading provider of intelligent security software and services for enterprises and governments globally. Headquartered in Waterloo, Ontario, BlackBerry specializes in cybersecurity, safety, data privacy, endpoint management, and embedded systems. The company's solutions power over 235 million vehicles worldwide, leveraging AI and machine learning to offer innovative and secure technology across various industries.

Once the world's largest smartphone manufacturer, BlackBerry has transitioned into a software company focused on securing the 'Enterprise of Things'. Its core business revolves around providing secure communication and endpoint management solutions, particularly in regulated industries like automotive, medical, and government sectors. The company's flagship enterprise security platform, BlackBerry Secure, integrates endpoint management, encryption, and embedded systems to ensure comprehensive security for organizations.

Recent achievements of BlackBerry include strategic partnerships and new product launches. The company has entered into a three-year agreement with Max-Atlas to integrate BlackBerry Radar® asset tracking technologies into intermodal container chassis, significantly enhancing supply chain logistics. Additionally, BlackBerry has expanded its collaboration with TTTech Auto to integrate the QNX® Operating System with advanced scheduling solutions, addressing the complexities of software-defined vehicles (SDVs).

BlackBerry's financial condition remains robust, with a notable increase in revenue for both its IoT and Cybersecurity divisions. The company reported a record revenue quarter for its IoT division and a stabilized annual recurring revenue (ARR) for its Cybersecurity division. BlackBerry also announced a joint cybersecurity leadership program in Malaysia, aimed at addressing the gender gap in the cyber industry and bolstering the region's cybersecurity capacity.

As part of its ongoing innovation, BlackBerry introduced Cylance Assistant, a generative AI cybersecurity advisor, and CylanceMDR™, a managed detection and response solution. These offerings highlight BlackBerry's commitment to leveraging AI for enhanced threat detection and security operations. The company also continues to receive industry recognition, such as the 2024 Gartner Peer Insights ‘Voice of the Customer’ designation for Unified Endpoint Management (UEM) tools.

For more detailed information and latest updates, visit BlackBerry's official website.

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BlackBerry's QNX division has partnered with Pi Square Technologies to train thousands of software engineers across India, as part of the QNX Everywhere initiative expansion. The multi-year partnership aims to address the growing global demand for embedded systems developers by integrating QNX Software Development Platform (SDP) 8.0 into engineering curriculum across hundreds of Indian academic institutions.

The collaboration leverages QNX's Engineering and Innovation Center in Hyderabad, established in 2023, and aims to strengthen India's position as a key hub for automotive, medical, robotics, and industrial automation software development. The initiative provides students with practical knowledge in embedded systems software development and complements QNX's existing academic partnerships in Canada, the U.S., South Korea, India, and Germany.

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Arctic Wolf and BlackBerry (NYSE:BB, TSX:BB) have successfully completed the acquisition of BlackBerry's Cylance endpoint security assets, following their definitive agreement from December 15, 2024. As part of the deal, BlackBerry will maintain a relationship with Arctic Wolf as a customer, reseller for government clients, and shareholder.

Arctic Wolf has launched Aurora Endpoint Security, integrating Cylance's AI-driven capabilities into their Aurora Platform. The new portfolio includes four solutions: Aurora Protect, Aurora Endpoint Defense, Aurora Managed Endpoint Defense On-Demand, and Aurora Managed Endpoint Defense. The platform leverages insights from over 10,000 customers and processes more than 7 trillion security observations weekly to combat advanced threats.

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BlackBerry (NYSE:BB)(TSX:BB) has announced its upcoming participation in the Wolfe Research Auto, Auto Tech and Semiconductor Conference on Wednesday, February 12, 2025, at 12:00pm ET. The company will be represented by Tim Foote, BlackBerry Chief Financial Officer, and John Wall, Chief Operating Officer QNX and Head of Product, Engineering & Services, who will participate in a fireside chat.

Interested parties can register for the live stream of the event, and a replay will be made available on the BlackBerry.com/Investors website following the conference.

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BlackBerry (NYSE:BB, TSX:BB) has released its Global Threat Intelligence Report for Q3 2024, revealing 600,000 attacks against critical infrastructure, with 45% targeting the financial sector, and 430,000 attacks against commercial enterprises. The report, developed in partnership with the Royal Canadian Mounted Police's National Cyber Crime Coordination Centre (NC3), highlights emerging threats including Lynx ransomware and the Coyote banking trojan.

North America and Latin America emerged as the most targeted regions globally, followed by APAC and EMEA. The report also addresses growing concerns about deepfake threats and AI-based scams, which have prompted new regulatory frameworks including the U.S. No AI Fraud Act. Additionally, the analysis revealed cybercrime's role in human trafficking in Southeast Asia and North Korean operatives using deepfake technology to infiltrate Western IT companies.

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MotorTrend Group, a Warner Bros. Discovery company, announced the winners of the third annual Software-Defined Vehicle (SDV) Innovator Awards at CES 2025 in Las Vegas. The awards, presented in partnership with BlackBerry's QNX division, recognize innovators transforming the automotive industry from hardware to software focus.

Winners were selected across three categories: Pioneer, Leader, and Expert, from nominees representing 23 automakers and suppliers. Pioneer winners included innovators from Amazon Web Services, Eureka Labs, TTTech Auto, JIDU Auto, and XPENG Motors. Leader awards recognized executives from companies including Volvo Cars, Rivian, Ford Motor Company, Valeo, NIO, and LG Electronics. Expert awards celebrated technical achievements from professionals at Amazon Web Services, Tesla, Rivian, and Marelli.

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BlackBerry (NYSE:BB)(TSX:BB) has announced its upcoming participation in the 27th Annual Needham Growth Conference. The event will feature a fireside chat on Tuesday, January 14, 2024, at 3:45 pm ET, with CEO John Giamatteo and CFO Tim Foote representing the company.

The session will be available via live stream, and interested parties can register through the provided link. For those unable to attend, a replay will be accessible on BlackBerry's investor relations website at BlackBerry.com/Investors.

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QNX, a BlackBerry division, has launched QNX Cabin, a groundbreaking cloud-based framework for developing digital cockpits in vehicles. This innovative solution enables OEMs to virtualize cockpit development in the cloud, allowing teams to design, test, and refine code before implementing it on production hardware.

The platform addresses the challenges of developing mixed-criticality environments, combining safety-critical features with consumer applications through virtualization and VirtIO interface. A major APAC-based OEM has already adopted the solution to enhance development efficiency.

QNX Cabin is hardware-agnostic and supports various input methods, including touch, voice, and gesture controls. The platform will be demonstrated at CES 2025 with integrations from partners like Seeing Machines for Driver Monitoring Systems and dSPACE for software-in-the-loop testing.

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BlackBerry's QNX division has announced a major expansion of its QNX Everywhere initiative, making its foundational software freely available for non-commercial use. The program provides free access to the QNX Software Development Platform (SDP) 8.0, along with complimentary resources and training.

The initiative aims to address the growing demand for skilled software engineers in industries like automotive, industrial, robotics, and medical. Key features include:

  • Perpetual development licenses for non-commercial use
  • Raspberry Pi 4 prebuilt quick start target image
  • Access to open-source ports and optimized source code
  • Engineering-led tutorial content

QNX has also established partnerships with universities across Canada, the U.S., South Korea, Europe, and India, implementing a 'one-to-many' model for academic institutions. The company has added developer relations specialists to engage with communities on GitLab, GitHub, Reddit, and Stack Overflow.

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BlackBerry's QNX division has announced a strategic collaboration with Microsoft to enhance Software-Defined Vehicle (SDV) development. The partnership will make QNX Software Development Platform (SDP) 8.0 available on Microsoft Azure, providing developers with a cloud environment for creating and testing automotive and IoT applications.

The collaboration aims to extend to include QNX Hypervisor and the new QNX Cabin, a reference architecture for cloud-based digital cockpit development. The partnership focuses on implementing Azure AI early in development cycles to accelerate timelines and minimize risks.

QNX will showcase the platform's capabilities at CES 2025 (January 7-11) at the Las Vegas Convention Center, demonstrating how developers can leverage Azure for early testing and validation of software virtually.

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QNX, Vector, and TTTech Auto have announced a multi-year global collaboration to develop and market a foundational vehicle software platform. The initiative aims to eliminate complex software integration issues that currently plague automakers. The platform will be pre-integrated, lightweight, and certified to the highest automotive functional safety (ISO 26262 ASIL D) and security (ISO 21434) standards.

The collaboration addresses a critical industry challenge where automakers spend significant resources on software platform development and maintenance, dealing with hundreds of software providers and integration complexities. The new platform will allow OEMs to focus on developing consumer-facing applications that build brand differentiation instead of managing underlying software infrastructure.

The core platform will be jointly developed by QNX and Vector, combining their expertise in operating systems and automotive middleware solutions. TTTech Auto will contribute expertise in task scheduling and communication. The platform's general availability will be announced in FY'26.

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FAQ

What is the current stock price of Blackberry (BB)?

The current stock price of Blackberry (BB) is $5.24 as of February 21, 2025.

What is the market cap of Blackberry (BB)?

The market cap of Blackberry (BB) is approximately 3.3B.

What does BlackBerry Limited specialize in?

BlackBerry Limited specializes in intelligent security software and services for enterprises and governments. This includes cybersecurity, safety, data privacy, endpoint management, and embedded systems.

How has BlackBerry transitioned from its past focus?

BlackBerry has transitioned from being the world’s largest smartphone manufacturer to focusing solely on providing secure communication and endpoint management solutions for regulated industries.

What are some recent achievements of BlackBerry?

Recent achievements include a partnership with Max-Atlas to integrate BlackBerry Radar® asset tracking technologies and an expanded collaboration with TTTech Auto for software-defined vehicles. The company also introduced generative AI cybersecurity solutions like Cylance Assistant and CylanceMDR™.

How is BlackBerry performing financially?

BlackBerry's IoT division reported a record revenue quarter, while its Cybersecurity division stabilized its annual recurring revenue. The company continues to make progress in separating its divisions and driving towards profitability.

What new initiatives has BlackBerry launched?

BlackBerry launched Cylance Assistant, a generative AI cybersecurity advisor, and CylanceMDR™, a managed detection and response solution. They also initiated a cybersecurity leadership program in Malaysia to address the gender gap in the industry.

Has BlackBerry received any recent industry recognition?

Yes, BlackBerry received the 2024 Gartner Peer Insights ‘Voice of the Customer’ designation for Unified Endpoint Management (UEM) tools for the second consecutive year.

What partnerships has BlackBerry recently announced?

BlackBerry announced partnerships with Max-Atlas for asset tracking technologies and TTTech Auto for integrating the QNX® Operating System with advanced scheduling solutions for software-defined vehicles.

What is BlackBerry’s vision for the future?

BlackBerry's vision is to secure a connected future you can trust, employing AI and machine learning to deliver innovative solutions in cybersecurity, safety, and data privacy.

Where is BlackBerry headquartered?

BlackBerry is headquartered in Waterloo, Ontario, Canada.

How can I learn more about BlackBerry?

For more detailed information and latest updates, you can visit BlackBerry's official website at https://www.blackberry.com/us/en.
Blackberry

NYSE:BB

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3.29B
579.73M
1.7%
46.33%
4.45%
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