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 (BB) provides mission-critical cybersecurity solutions and embedded systems for global enterprises. This news hub offers investors and professionals timely updates on strategic initiatives across automotive security, artificial intelligence applications, and enterprise endpoint management.
Access all official press releases and market analyses in one centralized location, including earnings announcements, product innovations, and partnership developments. Our curated collection enables efficient tracking of BlackBerry's progress in securing connected vehicles, industrial IoT ecosystems, and government communications infrastructure.
Key updates cover regulatory filings, technology licensing agreements, and cybersecurity threat response initiatives. Bookmark this page for direct access to BlackBerry's evolving position in data protection markets and its QNX platform's expanding role in software-defined vehicles.
BlackBerry Limited (NYSE: BB) announced a collaboration with StradVision, leveraging BlackBerry's QNX Software Development Platform for next-generation Advanced Driver Assistance Systems (ADAS) and Autonomous Vehicles (AV) in South Korea. This partnership will enhance StradVision's SVNet AI-based camera perception, offering improved object detection and safety features for vehicles. The QNX platform, known for its reliability and security, supports a variety of industrial applications beyond automotive. BlackBerry secures over 500 million endpoints and 175 million cars globally.
BlackBerry Limited (NYSE: BB; TSX: BB) announced the redemption of all its 3.75% unsecured convertible debentures on September 1, 2020. No debentures were converted into common shares prior to this redemption. Alongside this, the company completed a private placement of US$365 million in 1.75% unsecured convertible debentures with Hamblin Watsa Investment Counsel Ltd. and another institutional investor. This strategic move aims to strengthen its financial position as it continues to secure endpoints globally.
BlackBerry Limited (NYSE: BB) has opened registration for its seventh annual Security Summit taking place virtually from October 5-7, 2020. Industry experts will gather to discuss pressing topics like cybersecurity, AI, and business continuity focused on the theme of Intelligent Security Everywhere. The event features keynote speeches from BlackBerry executives, customer-led case studies, and sessions on the latest security challenges.
The summit offers free attendance and aims to enhance understanding of cybersecurity in a hyper-connected world.
BlackBerry Limited (NYSE: BB) announced that its BlackBerry® Unified Endpoint Manager (UEM) software has received Department of Defense Information Network (DoDIN) approval as a Mobile Device Management (MDM) solution, marking it as the sole MDM solution on the DoDIN Approved Product List (APL). This approval, facilitated by the Defense Information Systems Agency (DISA), validates BlackBerry's commitment to secure communications for the U.S. Federal Government, where it has been a partner for over two decades. The company emphasizes its dedication to cybersecurity and data privacy.
BlackBerry Limited (NYSE: BB) has announced the amendment of its indenture for the 3.75% unsecured convertible debentures, allowing for their optional redemption. The redemption of the US$605 million principal will occur on September 1, 2020, at 101.6854508% of the principal amount. Additionally, BlackBerry has updated its 1.75% convertible debentures private placement with Fairfax Financial, reducing the subscription from US$535 million to US$365 million. This amendment is expected to align with the company’s goals of reducing debt and interest expense.
BlackBerry Limited (NYSE: BB) announced the mass production of the IPU-03, an autonomous driving domain controller developed with Desay SV Automotive, now integrated into Xpeng Motors' P7 electric vehicle. This system uses BlackBerry's QNX® OS for Safety to ensure real-time monitoring and decision-making for safe driving. The IPU-03 is designed to meet stringent automotive safety requirements, exemplifying BlackBerry's commitment to intelligent security and innovative automotive technology.
BlackBerry Limited (NYSE: BB) announced additional details on its refinancing of US$605 million in 3.75% unsecured convertible debentures set to mature on November 13, 2020. The company will transition to 1.75% debentures with a three-year term and a conversion price of US$6.00, a 25% premium to market value. The refinancing aims to reduce overall indebtedness and interest costs while avoiding potential dilution. Fairfax Financial will exchange its holdings in the current debentures for the new ones, safeguarding against becoming a control person.
BlackBerry Limited (NYSE: BB) has launched a free open-source tool called PE Tree for cybersecurity professionals, enhancing malware reverse engineering efficiency. This tool, initially for internal use, allows users to visualize Portable Executable (PE) files in a tree-view format and integrates with Hex-Rays' IDA Pro decompiler. Eric Milam emphasized the need for advanced tools as cyber threats grow, with over 1 billion malware types currently in existence, increasing by 100 million annually. PE Tree supports Windows, Linux, and Mac operating systems.
BlackBerry Limited (NYSE: BB) has expanded its partnership with Vodafone to offer BlackBerry AtHoc as an emergency alert and crisis communications solution. The collaboration will serve clients like Greater Manchester Police and Greater Manchester Fire and Rescue Service, enabling secure communications and real-time alerts. This partnership builds on their ongoing relationship since 1999 and aims to enhance operational efficiency during critical events, ensuring safety and quick information exchange.
BlackBerry Limited (NYSE: BB) partners with Canoo to provide the QNX operating system for advanced driver-assistance systems (ADAS) in Canoo's semi-autonomous electric vehicles (EVs). The collaboration includes licensing the QNX OS for Safety 2.0, crucial for secure autonomous vehicle features. Canoo aims to launch its first production vehicles with level 2 autonomy by late 2021, targeting a market expected to reach nearly $600 billion by 2026. BlackBerry's QNX technology is already embedded in over 175 million vehicles globally, demonstrating its established presence in the automotive industry.
