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BlackBerry Limited - 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 and Girl Guides of Canada announced the success of their joint cybersecurity program, where over 5,600 members earned Digital Defenders crests. Launched in November 2019, the program aimed to spark interest in cybersecurity among girls aged 5-18 through engaging activities. Throughout the year-long initiative, nearly 20,000 activities were completed, focusing on essential cybersecurity skills. BlackBerry's VP highlighted the importance of developing such skills amid a growing industry talent gap, especially considering the increased reliance on virtual activities during the pandemic.

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BlackBerry Limited (NYSE: BB; TSX: BB) has announced its schedule to present at the Morgan Stanley Technology, Media and Telecom Conference on March 4, 2021, at 1:15 PM ET. During this virtual event, Charles Eagan, BlackBerry's CTO, will engage in a conversation with David Chen from Morgan Stanley. The event will be available for live streaming, with a replay link on the BlackBerry Investors website. BlackBerry specializes in intelligent security software, securing over 500 million endpoints globally, including 175 million cars.

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BlackBerry Limited (NYSE: BB) released the 2021 BlackBerry Threat Report, revealing a significant rise in cyberthreats during the COVID-19 pandemic. The report highlights the transition of ransomware attacks to more focused campaigns, the emergence of crimeware-as-a-service, and increased targeting of health organizations. Key findings include vulnerabilities in election security, critical infrastructure phishing attacks, and sophisticated mercenary threat groups. BlackBerry emphasizes the importance of robust security practices in combating evolving cyber threats.

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BlackBerry Limited (NYSE: BB; TSX: BB) announced significant enhancements to its BlackBerry Radar H2 asset monitoring devices aimed at improving the efficiency and visibility of transportation businesses. These updates include multi-sensor reporting and enhanced 4G LTE connectivity to address current industry challenges. The new BlackBerry Radar R2 provides advanced cargo visibility using radar technology. Additionally, a revamped Events 2.0 Alerting System enables better asset management through actionable insights. BlackBerry Radar is deployed globally, supporting logistics amidst ongoing supply chain complexities.

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BlackBerry Limited (NYSE: BB) announced that its software tool, BlackBerry Jarvis, has been recognized as "Best in Breed" by an analysis project for the U.S. Department of Defense. The assessment, conducted by The Aerospace Corporation, highlighted BlackBerry Jarvis as the leading solution for embedded software security. The tool offers deep insights into software quality and security, proving effective in detecting vulnerabilities, including previously unnoticed backdoors. BlackBerry Jarvis enhances the software development lifecycle, enabling rapid inspections and compliance with evolving regulatory standards.

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BlackBerry Limited (NYSE: BB; TSX: BB) announced the release of QNX Hypervisor 2.2 on February 11, 2021. This advanced real-time embedded hypervisor enables manufacturers to consolidate multiple systems onto a single hardware platform, reducing development costs. It incorporates enhancements for interrupt control, cryptography, and security, and supports Android and Linux within a virtual machine environment. BlackBerry's QNX technology plays a critical role in various industries including automotive and healthcare, securing over 500 million endpoints globally.

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BlackBerry Limited (NYSE: BB; TSX: BB) announced on February 9, 2021 that its QNX Black Channel Communications Technology will be utilized in Motional's next-generation driverless vehicles. This partnership marks Motional as BlackBerry's first customer for this technology, aimed at enhancing safe data communication within vehicle safety systems. Certified to ISO 26262 ASIL D, this technology ensures functional safety in automotive data exchanges, significantly reducing risks from software and hardware faults. BlackBerry's QNX technology is embedded in over 175 million vehicles worldwide.

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BlackBerry Limited (NYSE: BB) announced the expansion of its partnership with Baidu to integrate Baidu's high-definition maps with BlackBerry's QNX Neutrino RTOS, set for mass production in GAC Group's upcoming Aion models. This follows their January 2018 agreement and aims to enhance autonomous driving solutions. Baidu holds an Automotive SPICE certification, ensuring high standards in software development. BlackBerry QNX's technology is already utilized in over 175 million vehicles globally, focusing on safety, security, and reliability in automotive applications.

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On January 25, 2021, BlackBerry Limited (NYSE: BB) issued a statement regarding recent stock trading activity following a request from the Investment Industry Regulatory Organization of Canada (IIROC). The company clarified that it is not aware of any undisclosed corporate developments that could explain the recent surge in its share price or trading volume. BlackBerry specializes in intelligent security software and services, securing over 500 million endpoints globally.

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BlackBerry Limited (NYSE: BB; TSX: BB) announced its participation in three upcoming virtual investor conferences in January 2021. The schedule includes:

  • Citi's 2021 Global TMT West Virtual Conference on January 7 at 1:00pm ET with CFO Steve Rai and Co-Head John Wall discussing with Jim Suva.
  • J.P. Morgan's 19th Annual Tech / Auto Forum on January 12 at 5:45pm ET featuring a fireside chat with Steve Rai and John Wall.
  • Needham's 23rd Annual Virtual Growth Conference on January 15 at 1:15pm ET with Ryan Permeh and Eric Cornelius.

Links to view the events will be available on BlackBerry’s investor website.

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FAQ

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

The current stock price of BlackBerry (BB) is $2.35 as of November 22, 2024.

What is the market cap of BlackBerry (BB)?

The market cap of BlackBerry (BB) is approximately 1.4B.

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 Limited

NYSE:BB

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BB Stock Data

1.38B
579.40M
1.7%
46.36%
4.57%
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