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.
On September 9, 2021, BlackBerry Limited (NYSE: BB) announced enhancements to the integration of its Unified Endpoint Manager (UEM) with Microsoft 365. This upgrade enables enterprises to experience BlackBerry's advanced security features while utilizing Microsoft’s productivity tools. Key improvements include a secure version of modern authentication for cloud environments and enhanced integration with Microsoft Azure Active Directory for better security. BlackBerry emphasizes the importance of security and productivity in the evolving digital landscape.
BlackBerry Limited (NYSE: BB; TSX: BB) will report its results for the second quarter of fiscal year 2022 on September 22, 2021, at 5:30 p.m. ET. Investors can access the conference call by dialing +1 (877) 682-6267 or streaming it live on BlackBerry.com/Investors. A replay will be available at 8:30 p.m. ET on the same day. Target dates for upcoming quarterly earnings announcements are also provided, with the next being December 21, 2021.
BlackBerry Limited (NYSE: BB) announced its participation in the Jefferies Software Conference on September 14, 2021, at 1:30 PM ET. The company will be represented by Charles Eagan, Chief Technology Officer, who will discuss recent developments in BlackBerry's products. This virtual event will be publicly webcasted, and interested participants can register for the live session through the link provided on the BlackBerry Investor Relations website. BlackBerry focuses on providing intelligent security solutions.
BlackBerry Limited (NYSE: BB) announced the opening of registrations for its 8th annual Security Summit, scheduled for October 13, 2021. This year, the event will be held virtually and is free to attend. Participants can expect a mix of live and OnDemand sessions covering cybersecurity, AI, machine learning, and IoT. Notable speakers include CEO John Chen and other executives, discussing trends and BlackBerry's strategic vision. The company secures over 500M endpoints globally, signifying its strong position in the cybersecurity domain.
BlackBerry Limited (NYSE: BB) announced that its products, BlackBerry Protect and BlackBerry Optics, achieved a 100% prevention and 100% detection rate with zero false positives in a recent SE Labs Breach Response test. The testing simulated real-world hacking attacks, confirming the effectiveness of the AI-driven endpoint protection. BlackBerry's solutions were able to block all threats before any potential damage occurred, reinforcing the company's commitment to cybersecurity excellence.
On August 17, 2021, BlackBerry issued a public advisory regarding an integer overflow issue affecting older versions of its QNX Real-Time Operating System (RTOS) from 2012 and earlier. The company confirmed that no current versions are impacted and has provided software patches and 24/7 support to affected customers, all of whom have been notified. BlackBerry is committed to software security and is working with government agencies and industry groups to address the issue.
BlackBerry Limited (NYSE: BB) announced a new vehicle-based payment solution aimed at tapping into the projected €530 billion connected car payments market by 2030. This solution enables automakers to securely connect vehicles to banking networks for payments related to services like fuel and tolls. Developed in partnership with Car IQ, it utilizes BlackBerry IVY's edge computing capabilities and vehicle sensors for enhanced security. The initiative is expected to streamline payments and create new revenue opportunities for automakers, benefiting fleet managers and individual vehicle owners.
BlackBerry Limited (NYSE: BB; TSX: BB) has announced its participation in two upcoming virtual investor conferences in August 2021. The first is the J.P. Morgan 2021 Auto Conference on August 11 at 3:30 PM ET, hosted by John Chen, focusing on BlackBerry's automotive market opportunities. The second is the Canaccord Genuity 41st Annual Growth Conference on August 12 at 3:00 PM ET, featuring Ryan Permeh and Eric Milam discussing cybersecurity opportunities. Both events will be available via live webcasts.
BlackBerry Limited (NYSE: BB) has introduced an innovative flood risk and clean water monitoring solution based on its AtHoc platform. This technology enables autonomous monitoring and provides early warnings, potentially saving local municipalities up to $1 million annually in operating expenses. BlackBerry partnered with the University of Windsor to deploy the solution in Canada, addressing critical environmental issues exacerbated by climate change. The initiative aims to improve safety and reduce risks associated with water scarcity and flooding.
BlackBerry (NYSE: BB) has announced that its QNX® OS for Safety will be implemented in sTraffic's Communications-based Train Control System (CBTC) in South Korea. This partnership aims to enhance railway safety by utilizing QNX OS for Safety's certified software solutions across various industries including rail transportation. With features certified to ISO 26262 ASIL D and IEC 61508 SIL3, the QNX OS will support the development of industry's stringent safety standards. sTraffic plans to use it for the KORAIL Korea Train Control System for unmanned train operations.
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