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.
BlackBerry Limited (NYSE: BB) and L-SPARK have launched the third phase of their accelerator program aimed at fostering Canadian tech companies in the connected vehicle sector. This initiative will provide selected small and medium-sized enterprises (SMEs) with access to BlackBerry IVY, a cloud-connected software platform for leveraging in-vehicle data to enhance driver and passenger experiences. Applications are open until March 7, 2022, with up to six companies being selected for the cohort.
BlackBerry Limited (NYSE: BB) has been awarded the title of best new endpoint security offering for 2021 by SE Labs. This recognition highlights the company’s innovative Cylance AI/ML models, which have analyzed over 1.4 trillion files with a 100% efficacy rate against recent malware attacks. Billy Ho, EVP of BlackBerry Spark Group Products, noted their solutions prioritize prevention, adapting to evolving cyber threats. The award reflects BlackBerry's strong performance in real-world testing, marking a significant milestone in their cybersecurity advancements.
BlackBerry Limited (NYSE: BB) and Mahindra & Mahindra Ltd. have announced the mass production of the Cockpit Domain Controller (CDC) powered by BlackBerry's QNX technology for the new XUV700 SUV. This collaboration enhances the driving experience with advanced infotainment and driver assistance systems, increasing BlackBerry's presence in India's automotive market. With QNX in production across 45 OEMs and 195 million vehicles worldwide, this partnership positions M&M Ltd. to lead in the software-driven vehicle sector, emphasizing safety, security, and innovative design.
BlackBerry Limited (NYSE: BB; TSX: BB) will host a virtual fireside chat on November 30, 2021, at 11:00am ET, featuring John Giamatteo, President of its Cyber Security unit. The discussion will focus on the growing cyber market and BlackBerry's strategic positioning. Giamatteo, with over 30 years of industry experience, aims to leverage his expertise to enhance BlackBerry's offerings. The event will be publicly webcast, and a replay will be available on BlackBerry's Investor Relations page shortly after the event.
BlackBerry Limited (NYSE: BB) has announced its participation in two virtual investor conferences in November 2021. The first is the TD Securities Virtual Technology Conference on November 15, featuring Mattias Eriksson, President of BlackBerry IoT, discussing the company's automotive market strategies. The second is the RBC Capital Markets Global Technology Conference on November 17, with Steve Rai, CFO, focusing on growth strategies. Live webcasts and replays will be available on their investor relations page.
BlackBerry Limited announced a technology integration with Okta, Inc. to enhance enterprise security and productivity in the remote work environment. The integration combines Okta's Identity Cloud with BlackBerry's Unified Endpoint Management (UEM), enabling seamless authentication and optimal workforce productivity. BlackBerry UEM is recognized for its robust security measures, holding multiple government certifications. This partnership aims to empower organizations with a comprehensive solution for identity and access management, ensuring data protection while allowing employees to work from anywhere.
On October 13, 2021, BlackBerry announced the release of its new book, Finding Beacons In the Dark: A Guide to Cyber Threat Intelligence, during the BlackBerry Security Summit. The book focuses on the threats posed by Cobalt Strike, a tool used by state-sponsored APT groups and cybercriminals. It outlines strategies for defending against these threats by utilizing a robust Cyber Threat Intelligence (CTI) lifecycle. BlackBerry emphasizes the growing use of Cobalt Strike in cyberattacks, including recent phishing campaigns. The book will be available in November 2021.
BlackBerry Limited (NYSE: BB) announced updates to its BlackBerry Guard 2.0 solution, enhancing its managed detection and response (MDR) service. This upgrade includes AI-powered mobile threat defense, user behavior risk analytics, and continuous protection against cyber threats. The subscription-based service will offer 24/7 monitoring, advanced machine learning capabilities, and automated response systems. BlackBerry aims to bolster security for enterprises amid rising cyberattacks, with availability expected in Q4 2021.
BlackBerry Limited (NYSE: BB; TSX: BB) has expanded its XDR ecosystem by partnering with Okta, Mimecast, Stellar Cyber, and XM Cyber to enhance cyber threat management. This ecosystem delivers a cohesive view of security threat postures utilizing BlackBerry's cloud-native platform. The unique prevention-first approach enables earlier threat identification compared to response-first models. Overall, these enhancements aim to address rising cyber threats associated with increased remote work, improving both security and user experience.
FAQ
What is the current stock price of BlackBerry (BB)?
What is the market cap of BlackBerry (BB)?
What does BlackBerry Limited specialize in?
How has BlackBerry transitioned from its past focus?
What are some recent achievements of BlackBerry?
How is BlackBerry performing financially?
What new initiatives has BlackBerry launched?
Has BlackBerry received any recent industry recognition?
What partnerships has BlackBerry recently announced?
What is BlackBerry’s vision for the future?
Where is BlackBerry headquartered?
How can I learn more about BlackBerry?
