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) announced an update regarding the sale of its non-core patent assets to Catapult IP Innovations for $600 million. The transaction's completion is contingent on financing and other conditions. Although BlackBerry remains optimistic, it is no longer exclusive with Catapult and is exploring alternative options due to the prolonged duration of the deal. BlackBerry secures over 500M endpoints, including 195M vehicles, and continues its focus on cybersecurity solutions.
BlackBerry Limited announced the launch of Chrome Enterprise Management integrated with BlackBerry UEM on May 27, 2022. This solution enables enterprises to manage both company-issued and BYO Chrome devices, enhancing productivity and security. The integration expands BlackBerry's Serviceable Available Market (SAM) amidst rising demand for Chrome devices in businesses. BlackBerry UEM, now part of Google's Chrome Enterprise Recommended program, offers IT managers extensive policy controls such as remote wipe and password enforcement. Customer trials are ongoing, with global availability expected in July 2022.
BlackBerry collaborates with NXP Semiconductors to enhance security against quantum computing threats by supporting quantum-resistant secure boot signatures for NXP's S32G vehicle networking processors. This initiative aims to protect critical infrastructure from potential quantum attacks. The integration will utilize the CRYSTALS Dilithium digital signature scheme, ensuring robust protection for long-term assets in industries such as aerospace and telecommunications. BlackBerry’s Certicom technology strengthens the code signing process, addressing significant security concerns and preparing systems for future cryptographic vulnerabilities.
BlackBerry Limited (NYSE: BB), based in Waterloo, Ontario, will conduct its Annual General and Special Meeting (AGM) virtually on June 22, 2022, at 1:00 pm ET. Shareholders wishing to vote must appoint themselves as proxyholders by registering online before 2:00 pm ET on June 20, 2022. BlackBerry, a leader in intelligent security software, secures over 500 million endpoints, including 195 million vehicles. More information about the AGM and how to participate can be found on the BlackBerry Investors website.
On May 18, 2022, BlackBerry Limited (NYSE: BB) announced long-term financial targets during its annual analyst summit. The company aims for a 5-year CAGR of 20% in the IoT sector and 10% in Cybersecurity. Revenue projections include $307 million for IoT in FY25, and $579 million for Cybersecurity. BlackBerry plans to achieve a non-GAAP operating margin of approximately 20% by FY27 while investing 30% of revenue in R&D for FY23. Breakeven on non-GAAP EPS is targeted for FY24, with positive cash flow expected in FY25.
On May 18, 2022, BlackBerry and Magna International announced a multi-year partnership to develop integrated Advanced Driver Assistance Systems (ADAS) solutions. BlackBerry will supply its QNX software, including the QNX OS for Safety and the QNX Platform for ADAS, along with engineering services for integration and validation. This collaboration aims to leverage both companies' strengths to enhance vehicle safety and functionality amid a growing global ADAS market. The partnership highlights BlackBerry's role in securing over 500M endpoints, including 195M vehicles, and aims to speed the delivery of advanced automotive technologies.
BlackBerry Limited (NYSE: BB) announced at the 61st Annual RSSI C&S Exhibition that its QNX® OS for Safety 2.2 will achieve certification to the highest railway functional safety standard, SIL 4 (EN 50128). This certification emphasizes the company's commitment to enhancing safety in the rail industry, which has seen rising demand due to urbanization and the digitalization of transport systems. Recent partnerships include sTraffic in South Korea and Infraestruturas de Portugal. The certification aligns with the increasing need for safety-certified software in the evolving railway market.
BlackBerry Limited (NYSE: BB) has released its inaugural Environmental, Social, and Governance (ESG) report, detailing its strategy and accomplishments in addressing critical global challenges. The report focuses on three key areas: climate change, with the company achieving carbon neutrality; water security, including a new flood risk and clean water monitoring solution; and equality, with a diverse Board of Directors comprising 56% women and minorities. CEO John Chen emphasized the importance of corporate sustainability investments in tackling today's pressing issues.
BlackBerry Limited (NYSE: BB) has partnered with Midis Group to bolster its cybersecurity sales in Eastern Europe, the Middle East, and Africa. Midis Group, with over 5,000 employees and 170 affiliates, will enhance BlackBerry's market presence through local offices focused on unified endpoint management and AI-based cybersecurity solutions. The partnership underscores BlackBerry's commitment to enhancing cybersecurity capabilities amid a rise in cyber threats.
BlackBerry Limited (NYSE: BB) has launched the QNX® Hypervisor 2.2 for Safety, a safety-certified embedded hypervisor enabling the healthcare sector to expedite the delivery of secure medical devices. This product meets IEC 62304 Class C compliance and is certified for ISO 26262 ASIL D and IEC 61508 SIL3 standards. In response to increasing U.S. regulatory scrutiny over medical device security, this release aims to address market pressures and enhance cybersecurity in healthcare devices.