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) generates a steady stream of news centered on its role as a provider of intelligent software and services for enterprises, governments, automakers, and industrial organizations. Many recent announcements highlight the company’s QNX division, which supplies foundational software for mission-critical embedded systems and software-defined vehicles, as well as developments in Secure Communications and critical event management.
Visitors to this news page can review updates on QNX’s automotive collaborations, such as its foundational role in next-generation vehicle architectures and its presence in hundreds of millions of vehicles, as described in recent press releases. Coverage also includes product and platform announcements like QNX’s Foundational Vehicle Software Platform with Vector, QNX Cabin, QNX Sound, and the QNX Everywhere initiative to broaden developer and academic access to QNX technology.
BlackBerry’s news flow also features Secure Communications and BlackBerry AtHoc, including enhancements to the AtHoc mobile experience for critical event management. Financial results, investor briefings, and corporate governance updates appear alongside technology-focused stories, reflecting the company’s status as a publicly traded issuer that reports quarterly earnings and hosts investor events.
This page brings together these categories of news so that readers can follow BlackBerry’s progress in automotive software, embedded systems, secure communications, and developer ecosystem initiatives, as well as its financial and corporate disclosures referenced in press releases and SEC filings.
BlackBerry Limited (NYSE: BB) released findings at its Security Summit, revealing that 80% of IT decision-makers experienced software supply chain attacks in the past year. A staggering 77% identified unknown participants in their supply chains, highlighting vulnerabilities. The survey showed that 59% faced operational disruptions, 58% data loss, and 52% reputational damage post-attack. Furthermore, 71% of respondents desired improved inventory tools, and 72% favored government oversight for enhanced cybersecurity in open-source software.
BlackBerry Limited has announced enhancements to its Cylance AI-based cybersecurity portfolio during the BlackBerry Security Summit on October 26, 2022. These upgrades aim to improve customers' security posture by offering enhanced data context for zero-trust network access and streamlining operations. Key features include an improved user experience for BlackBerry UEM and CylancePROTECT, along with new modules for data loss detection. The updates are expected to be available later this year and early next year, addressing the growing demands in cybersecurity amid a talent shortage.
BlackBerry Limited (NYSE: BB) has announced a new Cyber Threat Intelligence (CTI) service at the BlackBerry Security Summit, aimed at helping organizations prevent and respond to cyberattacks. Launching in December 2022, this quarterly subscription service delivers actionable intelligence on targeted attacks, tailored to specific industries and regions. Experts emphasize the importance of threat intelligence for improving detection and response times in cybersecurity. BlackBerry currently secures over 500 million endpoints, including 215 million vehicles.
On October 26, 2022, BlackBerry announced new alliances with independent software vendors (ISVs) during the BlackBerry Security Summit. These partnerships enhance the BlackBerry Marketplace for Enterprise Software by introducing innovative tools aimed at boosting productivity and cybersecurity. Key ISV offerings include SafeBreach's no-code red-team automation platform, Blue Cedar's security integration for apps, and Movius' unified communications solutions. BlackBerry continues to prioritize security in a fast-evolving landscape, securing over 500 million endpoints globally.
BlackBerry Limited has received high-level security accreditation for its SecuSUITE® for Government from the NATO Communications and Information Agency. This certification allows SecuSUITE to be utilized for secure communications within NATO, ensuring confidentiality in voice and messaging for global governments. The technology features end-to-end encryption, thereby protecting calls and messages across various networks. The accreditation underscores NATO's trust in BlackBerry's solutions amid increasing global security concerns.
BlackBerry Limited (NYSE: BB) released a report on cybersecurity challenges faced by organizations. Key findings from a survey of 405 IT decision-makers show that 83% find building cybersecurity programs costly, while 80% struggle to fill specialized roles. Evolving threats and tech integration are top concerns for 53% of respondents. The report emphasizes that Managed XDR solutions can aid companies lacking resources to tackle these issues effectively. It highlights the acute challenges in healthcare and energy sectors and suggests a growing interest in XDR adoption among organizations.
BlackBerry Limited (NYSE: BB; TSX: BB) and Shanghai Dayin Technology Co., Ltd. announced a partnership to integrate BlackBerry QNX® acoustics technology into Great Wall Motors' premium vehicle lines, including WEY Mocha, Latte, and Macchiato. The 'Yin' 2.0 app, built on Active Sound Design (ASD) technology, aims to enhance the driving experience with features like acoustic alerts and engine sound enhancements. This collaboration strengthens BlackBerry's position in the automotive sector, showcasing its innovative software for intelligent cockpit solutions, which will commence mass production soon.
BlackBerry Limited (NYSE: BB) reported strong fiscal Q2 2023 results with a total revenue of $168 million. The IoT business achieved $51 million in revenue, marking a 28% year-over-year growth, while the Cybersecurity unit generated $111 million, experiencing an 8% decline from the previous year. Non-GAAP basic loss per share was $0.05. Strategic highlights included significant design wins with Volkswagen for QNX and expansion in the Cybersecurity billings, which increased 15% sequentially. The outlook remains optimistic for continued growth in Cybersecurity.
MotorTrend and BlackBerry have announced the launch of the Software-Defined Vehicle Innovator Awards to honor pioneers in the automotive industry's transformation from hardware to software. As software's role in cars grows, it is expected to comprise 50% of total vehicle costs by 2030, up from 30% today. The awards aim to recognize innovators in three categories: Pioneer, Leader, and Domain Expert. Nominations are open until October 31, 2022, with winners announced on January 5, 2023, during CES in Las Vegas.
BlackBerry Limited (NYSE: BB) will announce its second quarter fiscal year 2023 results on September 27, 2022, at 5:30 p.m. ET. Investors can join the conference call by dialing +1 (877) 400-4403 or by streaming it live on the company's website. A replay will be available later that day. The company also provided tentative dates for upcoming earnings announcements for the rest of the fiscal year, with Q3 earnings expected on December 20, 2022, and Q4 on March 30, 2023. BlackBerry continues to secure over 500 million endpoints globally.
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