BlackBerry will host a virtual fireside chat to discuss BlackBerry’s IoT business and market opportunity. Hear from Mattias Eriksson, who joined BlackBerry in May 2021 as President and General Manager of BlackBerry’s IoT Business Unit.
BlackBerry trimmed its net loss to US$62 million in the first quarter of its fiscal year despite lower revenues. The company, which reports in U.S. dollars, says it lost 11 cents per share in the three months ended May 31, compared with a loss of $1.14 per share or US$636 million a year earlier.
Frost & Sullivan has named BlackBerry IVY an industry leading edge-to-cloud software platform for automakers and smart cities. In the published report, Frost & Sullivan conclude that BlackBerry is revolutionizing the connected-autonomous ecosystem with BlackBerry IVY.
BlackBerry shareholders have voted to keep Fairfax Financial's Prem Watsa as the company's lead director at its annual meeting. That vote was against the advice from both proxy advisory firm Glass Lewis and investor Dorsey Gardner, who opposed the move.
Dorsey Gardner, a veteran analyst and fund manager with about 5 million shares of BlackBerry, said investors should follow the advice of Glass Lewis & Co. and withhold their votes for Prem Watsa as lead director.
BlackBerry has launched the BlackBerry IVY Advisory Council, a new invitation-only body comprised of leading companies across the transportation and mobility industries that will help shape and advise the BlackBerry IVY development community and the vertical-specific services and automotive applications that will be brought to market using BlackBerry's Intelligent Vehicle Data Platform, BlackBerry IVY.
Independent research firm Strategy Analytics, says it has determined that BlackBerry QNX software is now embedded in over 195 million vehicles, an increase of 20 million from the year before.
Shareholder advisory company Glass Lewis has urged BlackBerry investors to vote against Prem Watsa as lead director, arguing that he should be held accountable for an executive compensation plan that isn’t in shareholders’ interests. Glass Lewis recommended investors withhold support for Prem Watsa who chairs BlackBerry’s compensation committee.
BlackBerry will report results for the first quarter of fiscal year 2022 at 5:30 p.m. ET on Thursday, June 24, 2021. The conference call can be accessed by dialling +1 (877) 682-6267 or live streamed on the Company's website here. A replay of the conference call will be available at approximately 8:30 p.m. ET on June 24, 2021, by dialing +1 (800) 585-8367 and entering Conference ID #2676452. It will also be available at the link above.
BlackBerry's QNX Neutrino Realtime Operating System (RTOS), has been adopted in a new digital LCD cluster jointly developed with BiTECH Automotive (Wuhu) Co. The digital instrument cluster is being installed in Changan Automobile's new SUV, the UNI-K, which has entered mass production, providing a personalized user experience for drivers while ensuring the safety, security and reliability of the SUV's critical systems.
SAM Seamless Network, a network security company for consumers and SMBs, has raised $20 million in series B funding led by BlackBerry and Verizon Ventures. Additional Investors include Blumberg Capital, Intel Capital, ADT, and NightDragon.
BlackBerry has launched BlackBerry Optics 3.0, its next-generation cloud-based endpoint detection and response (EDR) solution and BlackBerry Gateway, the company's first AI-empowered Zero Trust Network Access (ZTNA) product.
