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; TSX: BB) announced the adoption of its QNX Neutrino RTOS in a new digital LCD cluster for Changan Automobile's UNI-K SUV, now in mass production. Developed in collaboration with BiTECH Automotive, the LCD cluster enhances user experience while ensuring the safety and reliability of critical vehicle systems. It incorporates advanced security features and is ISO 26262 ASIL D certified, supporting both ARM and Intel architectures. The partnership aims to provide visually appealing and secure automotive electronics, further improving market readiness.
BlackBerry Limited (NYSE: BB) announced its participation in the Baird 2021 Global Consumer, Technology & Services Conference on June 9, 2021, at 11:25am ET. Charles Eagan, Chief Technology Officer, will present the latest developments in the company’s technology and strategy. The event will be webcast live, with a registration link and replay available on the BlackBerry Investors website. BlackBerry secures over 500 million endpoints globally.
BlackBerry Limited (NYSE: BB; TSX: BB) has launched BlackBerry Optics 3.0 and BlackBerry Gateway, enhancing its cybersecurity offerings. These products incorporate advanced AI-driven capabilities for endpoint detection and response (EDR) and Zero Trust Network Access (ZTNA). Optics 3.0 supports BlackBerry's extended detection and response (XDR) strategy by integrating telemetry data to improve security analytics. The Gateway aims to safeguard network access by authenticating user identities. Both solutions signify a robust response to evolving cyber threats.
On May 12, 2021, BlackBerry Limited (NYSE: BB) announced a five-year partnership with the University of Waterloo to drive research innovation in Canada. The collaboration aims to fast-track technology development, leveraging BlackBerry's Advanced Technology Development Labs and the university's research capabilities. Key focus areas include cybersecurity, artificial intelligence, and machine learning. This agreement enhances their long-standing partnership, making BlackBerry a founding partner of the Gateway for Enterprises to Discover Innovation (GEDI) at the university.
BlackBerry Limited (NYSE: BB) has been recognized as an innovator in Frost & Sullivan's US Healthcare Cybersecurity Market report. The report highlights over fifty companies and identifies BlackBerry's AI-driven cybersecurity solutions as essential for protecting against escalating cyber threats in healthcare. Additionally, University Health Network (UHN) has selected BlackBerry Spark® to secure its operations. With over 90% of healthcare organizations experiencing breaches, BlackBerry's comprehensive platform, compliant with HIPAA and HITECH, is positioned as a vital resource in safeguarding patient data and enabling uninterrupted care.
BlackBerry Limited (NYSE: BB) announced that WM Motor has chosen its QNX® Neutrino® Realtime Operating System, QNX® Software Development Platform, and QNX® Hypervisor to enhance the safety of its W6 SUV model. The W6, capable of over 1 million Tera operations per second, is recognized as China's first mass-produced vehicle with autonomous parking features. This partnership aims to bolster WM Motor's development of advanced electric vehicles, integrating cutting-edge technology for improved safety and driving experience.
BlackBerry Limited (NYSE: BB; TSX: BB) announced its participation in virtual investor conferences scheduled for May 2021. Key events include the CIBC Tech & Innovation Conference on May 12, featuring presenters John Wall and Grant Courville discussing BlackBerry's IoT market opportunities. The Needham's 16th Annual Virtual Technology and Media Conference follows on May 18, where Tom Eacobacci will address the Cyber Security market. Replays and registration links are available on the BlackBerry Investors website.
BlackBerry Limited (NYSE: BB) and Carleton University have announced a strategic partnership valued at $21 million USD over five years. This collaboration will enhance the development of embedded software systems by granting access to BlackBerry QNX technology across various sectors, including automotive and IoT. The partnership includes establishing a new research lab at Carleton and providing 600 software development licenses annually to students. This initiative aims to cultivate a skilled workforce and advance research projects while fostering real-world experiences for students.
BlackBerry Limited (NYSE:BB) announced key management changes to enhance its operations. Tom Eacobacci has been promoted to President and COO, also taking on the role of Acting General Manager of the Cyber Security unit. Mattias Eriksson has been appointed as President of the new IoT business unit, effective May 3. The company's focus for fiscal year 2022 is on Software and Services growth, particularly in the Cyber Security and IoT markets, where it aims to leverage its technology to create shareholder value.
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