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 Nov. 5, 2020, BlackBerry Limited (NYSE: BB) announced the launch of QNX OS for Safety 2.2, a safety-certified operating system for embedded systems. Developed from the QNX Neutrino RTOS, it complies with IEC 61508 SIL3, ISO 26262 ASIL D, and IEC 62304 Class C standards. The product includes pre-certified toolchains and C/C++ libraries, enhancing development efficiency. Major automotive suppliers are already using this platform for next-gen technology. BlackBerry QNX aims to secure its position as a leader in safety-critical systems across various industries.
BlackBerry Limited (NYSE: BB) announced its QNX technology will power the digital cockpit in the ARCFOX αT electric SUV. The cockpit includes a fully digital instrument cluster, console touchscreen, AC screen, and Heads-Up Display, all utilizing the QNX Hypervisor, which is the world's first ISO 26262 ASIL D safety-certified commercial embedded hypervisor. This collaboration aims to meet the growing demand for safe and seamless digital in-car experiences, highlighting BlackBerry's leadership in providing reliable software for critical embedded systems used in over 175 million vehicles globally.
On October 14, 2020, BlackBerry Limited (NYSE: BB; TSX: BB) announced a partnership with the Government of Ontario and Canadian Manufacturers & Exporters (CME) to boost Ontario's economic recovery post-COVID-19. BlackBerry will join the Ontario Made program to promote local products and establish a technology working group. Premier Doug Ford and CME CEO Dennis Darby highlighted BlackBerry's crucial role in the province's economy and innovation. BlackBerry has been a key player in Ontario since 1984, focusing on intelligent security solutions for enterprises and governments.
On October 8, 2020, BlackBerry Limited (NYSE: BB) announced a partnership with ServiceNow to integrate the BlackBerry AtHoc service into the Now Platform. This integration enhances crisis communication and IT management by allowing IT teams to manage incidents without switching applications, improving response times. The collaboration aims to bolster efficiency, productivity, and profitability by enabling seamless notifications about critical events. BlackBerry continues to focus on data security, leveraging AI and machine learning to protect over 500M endpoints globally.
BlackBerry Limited (NYSE: BB) announced the integration of its critical event management platform, BlackBerry AtHoc, with Microsoft Teams on October 7, 2020. This integration enables organizations to manage critical incidents effectively by alerting and accounting for personnel through Teams. Already in use across sectors like public safety and healthcare, AtHoc enhances operational resilience during emergencies. The collaboration aims to streamline communication and improve incident management efficiency, meeting the rising need for secure, remote working solutions.
BlackBerry Limited (NYSE: BB) launched BlackBerry Protect Mobile, an AI-driven mobile threat defense (MTD) solution, on October 6, 2020. This product enhances endpoint security by providing real-time visibility into mobile devices amidst rising mobile malware and phishing threats, which have surged by 40% during the pandemic. The solution detects attacks automatically and alerts users before they engage with harmful content. BlackBerry continues to secure over 500 million endpoints globally, positioning itself as a leader in cybersecurity.
BlackBerry Limited (NYSE: BB) launched BlackBerry Persona® Desktop, an advanced user and entity behavior analytics (UEBA) solution utilizing AI and machine learning for real-time continuous authentication. This product, part of the BlackBerry Cyber Suite, enhances security by validating user identity locally without relying on cloud data, thus ensuring faster responses to breaches. It effectively tackles issues like stolen credentials, insider threats, and physical device compromises. The launch aligns with trends towards Zero Trust security models, promising improved organizational safety.
BlackBerry Limited (NYSE: BB) has launched the BlackBerry Cyber Suite, the first AI-powered unified endpoint security solution. This comprehensive suite includes products for endpoint protection, detection and response, mobile threat defense, and user behavior analytics. It aims to enhance cybersecurity by providing a prevent-first approach, addressing sophisticated threats like malware and insider attacks. BlackBerry secures over 500M endpoints globally, using AI to adapt to emerging threats, making it a leader in cybersecurity innovation.
BlackBerry Limited (NYSE: BB) has launched a new global partner program, consolidating its previous Enterprise and Cylance Partner Programs. This initiative aims to enhance partner support through a unified sales portal and training resources, enabling over 2,200 resellers to access BlackBerry's full portfolio. Key features include the 'Partner Protection' feature for deal registration, tiered partner levels offering discounts, and various training and marketing resources. The program is designed to drive revenue opportunities amid growing cybersecurity threats, reflecting BlackBerry's commitment to its partner ecosystem.
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