Verizon Business and Mastercard have announced a strategic partnership expected to drive transformational solutions for the global payments and commerce ecosystem. From contactless shopping and autonomous checkout technology to Cloud Point of Sale (POS) solutions....
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.
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.
Teampay has teamed up with Mastercard to launch ' Catalyst by Teampay', a new digital corporate card that combines the technology of Teampay’s platform with Mastercard’s industry-leading capabilities, ushering in a new era of a premium commercial card experience for executives.
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.
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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.
Apple announced financial results for its fiscal 2021 second quarter ended March 27, 2021, posting a March quarter record revenue of $89.6 billion, up 54 percent year over year, and quarterly earnings per diluted share of $1.40. International sales accounted for 67 percent of the quarter’s revenue.
Apple today unveiled Apple Card Family, a new way for people to share their Apple Card, track purchases, manage spending, and build credit together with their Family Sharing group.
AEVI and Mastercard Payment Gateway Services (MPGS) are to use their combined technologies and reach to simplify the omnichannel shopping experience. AEVI integrates payments and data across all customer channels by providing an open platform that is both device and solution independent.
When BlackBerry reported fourth-quarter 2021 and full fiscal year results Tuesday, the company missed quarterly and full-year revenue estimates. According to Canaccord Genuity analyst T. Michael Walkley, the miss was “primarily driven by licensing headwinds due to ongoing negotiations for the sale of part of its mobile device patent portfolio.”