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 June 22, 2021, BlackBerry Limited announced the launch of the BlackBerry IVY Advisory Council, aimed at advancing the BlackBerry IVY development community within the transportation and mobility sectors. This invitation-only council includes industry leaders such as HERE Technologies, GEICO, AWS, and others, focusing on creating solutions leveraging in-vehicle data. Members will have exclusive access to developer tools and participate in joint marketing. The initiative aims to solve key challenges in connected mobility and enhance the driving experience.
On June 21, 2021, BlackBerry Limited (NYSE: BB) announced that its QNX software is embedded in over 195 million vehicles, marking a 20 million increase from the previous year. BlackBerry QNX is recognized as the leader in safety-certified embedded software for automotive applications, with design wins from 23 out of the top 25 electric vehicle manufacturers. The company reported a 9% increase in royalty revenue backlog, reaching $490 million. BlackBerry continues to innovate to maintain its market position in a challenging automotive sector.
BlackBerry Limited (NYSE: BB) will announce its first-quarter fiscal year 2022 results on June 24, 2021, at 5:30 p.m. ET. Investors can access the conference call by calling +1 (877) 682-6267 or through a live stream on the company’s website. A replay will be available after 8:30 p.m. ET the same day. BlackBerry provides intelligent security software and services globally, securing over 500 million endpoints, including 175 million vehicles. The company emphasizes cybersecurity, safety, and data privacy.
BlackBerry Limited (NYSE: BB; TSX: BB) will conduct its Annual General Meeting (AGM) virtually on June 23, 2021, at 1:00 PM ET, accessible via a live audio webcast. Aimed primarily at non-registered or beneficial shareholders, the platform will enable them to submit questions during the meeting. Shareholders must log in as non-guests using control numbers from their voting forms. Proxy appointment is required for voting, with registration due by 2:00 PM ET on June 21, 2021. Additional information can be found on BlackBerry's investor 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.
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