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Blackberry - 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 Limited (NYSE: BB; TSX: BB) has launched the BlackBerry IVY Innovation Fund to accelerate innovation in the automotive ecosystem. This fund aims to invest up to $50 million in startups creating data-driven solutions leveraging the BlackBerry IVY platform. Additionally, portfolio companies will receive access to $100,000 in AWS credits. BlackBerry IVY, developed in collaboration with AWS, enables automakers to extract actionable insights from vehicle data, enhancing user experiences. This initiative reflects BlackBerry's commitment to evolving the automotive industry through advanced technology.

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BlackBerry Limited (NYSE: BB) will report its fourth quarter and fiscal year 2021 results on March 30, 2021, at 5:30 p.m. ET. Investors can join the conference call by dialing +1 (877) 682-6267 or streaming live at BlackBerry.com/Investors. A replay will be available shortly after at 8:30 p.m. ET. The company also provided target dates for earnings announcements for fiscal year 2022. BlackBerry secures over 500 million endpoints, including 175 million vehicles, focusing on intelligent security solutions.

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BlackBerry Limited (NYSE: BB; TSX: BB) announced the launch of BlackBerry Alert, a new critical event management solution aimed at helping companies manage crises effectively. Available as a SaaS or managed service, it centralizes critical event management to improve situational awareness and operational resilience. BlackBerry's experience with public sector CEM solutions enhances this product's credibility. The system integrates with platforms like Microsoft Teams, allowing for efficient crisis response. The solution addresses the increased need for robust management strategies amidst rising cybersecurity threats and other disruptions.

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BlackBerry Limited (NYSE: BB) announced advancements in its BlackBerry AtHoc technology aimed at U.S. Federal agencies to enhance crisis communication and reduce unauthorized access to data. BlackBerry AtHoc is now the first emergency mass notification system (EMNS) to support Derived Credentials for mobile identity authentication, ensuring secure access for Federal employees. The service has achieved FedRAMP Authorization on AWS GovCloud, expanding its availability to the Federal government. More than 70% of U.S. Federal employees trust BlackBerry AtHoc for critical communications.

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BlackBerry Limited (NYSE: BB) has partnered with Desay SV Automotive to launch a dual-screen virtual smart cabin domain controller aimed at enhancing driving safety. This technology utilizes the QNX Hypervisor and QNX Real-time Operating System (RTOS) and is now featured in the Chery Tiggo 8 Plus and Jetour X90 models. The collaboration focuses on integrating advanced smart cabin solutions, with Desay SV Automotive recognized for its innovation in smart cabin systems. Over 175 million vehicles currently utilize BlackBerry QNX technology, highlighting its significant market presence.

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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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FAQ

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

The current stock price of Blackberry (BB) is $5.24 as of February 21, 2025.

What is the market cap of Blackberry (BB)?

The market cap of Blackberry (BB) is approximately 3.3B.

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

NYSE:BB

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BB Stock Data

3.29B
579.73M
1.7%
46.33%
4.45%
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