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 generates news across automotive technology partnerships, cybersecurity product developments, and quarterly financial performance. The company's QNX embedded software platform produces announcements when automotive manufacturers select the technology for new vehicle platforms, partnerships that indicate future royalty potential. These design wins often precede production revenue by multiple years due to automotive development cycles.
Earnings releases provide visibility into how the IoT and Cybersecurity segments perform independently, showing whether automotive royalties or enterprise security subscriptions drive results. Product announcements detail enhancements to the QNX platform for software-defined vehicles and improvements to AI-driven threat prevention capabilities in endpoint security products. Executive leadership changes and strategic partnership expansions also generate material news.
Industry developments affecting automotive software adoption, such as regulatory changes around vehicle safety or cybersecurity requirements, influence BlackBerry's market opportunities. News about enterprise security breaches and ransomware incidents creates context for understanding demand drivers in the Cybersecurity segment. Track these developments to understand the competitive landscape and market conditions affecting BlackBerry's embedded software and security businesses.
BlackBerry Limited (NYSE: BB) announced the election results of its board of directors at the annual shareholder meeting held on June 23, 2021. All nine nominees listed in the management proxy circular dated May 3, 2021 were elected. Notably, Michael A. Daniels received 95.68% of votes in favor, while Barbara Stymiest garnered 82.06%, the lowest percentage among nominees. The elected directors will serve until the next annual meeting. BlackBerry continues to focus on providing intelligent security solutions to enterprises and governments globally.
BlackBerry Limited (NYSE: BB) has been recognized by Frost & Sullivan as an industry leader with its BlackBerry IVY platform, designed for automakers and smart cities. The report highlights that IVY addresses the automotive sector's challenges by standardizing data access across various platforms, enabling automakers to secure vehicle data ownership and enhance consumer experience. Frost & Sullivan forecasts a substantial IoT market growth, projected to exceed $45 billion by 2025. BlackBerry aims to unify automotive and smart city ecosystems through this innovative platform.
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.
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