BlackBerry reported reported a $315-million loss and missed quarterly revenue estimates for its fourth-quarter. Quarterly revenue for the company, which reports its results in U.S. currency, was $210 million, down from $282 million a year earlier.
Huawei has obtained a Chinese nonbanking payment license, giving the company a foothold in a fintech sector dominated by Tencent and Ant Group as those firms grapple with regulators.
BlackBerry has agreed to stop adjusting its revenue after receiving a comment letter from the Securities and Exchange Commission (SEC) questioning the practice.
BlackBerry will report results for the fourth quarter of fiscal year 2021 at 5:30 p.m. ET on Tuesday, March 30, 2021. The conference call can be accessed by dialling +1 (877) 682-6267 or live-streamed on the Company's website.
Samsung Electronics’ System LSI Business, Mastercard, Samsung Card, have signed a memorandum of understanding MoU) to develop a biometric card that features a built-in fingerprint scanner.
The Annual General Meeting of shareholders of Telefonaktiebolaget LM Ericsson will be held on Tuesday, March 30, 2021. Due to the COVID-19 pandemic, the Board of Directors has decided that the Annual General Meeting of shareholders 2021 will be conducted without the physical presence of shareholders, representatives and third parties.
BlackBerry has been downgraded by stock analysts at Canaccord Genuity from a "hold" rating to a "sell" rating. , Michael Walkley from Canaccord downgraded BlackBerry with a price target of $10.00.
A federal judge has tentatively declined a Robinhood app user’s bid to block the online brokerage firm from restricting purchases of certain stocks and from manipulating the price of shares.
NatWest has launched a new grant finder service in conjunction with Swoop, which will allow UK businesses to search for grants to help support their business deal with the ongoing impacts of the COVID-19 pandemic.
Robinhood has narrowed its stock trade restrictions from fifty to eight companies on Sunday, including GameStop, Koss Corporation, AMC Entertainment Holdings, Express Inc., Naked Brands Group, Genius Brands International, BlackBerry Limited, and Nokia Corp.
Google has deleted negative reviews of the stock trading app Robinhood after backlash over the company’s decision Thursday to block users from buying or trading stocks that were popular on a Reddit subforum.
Ericsson beat fourth quarter core earnings forecasts on Friday, helped by strong sales of 5G equipment and the ban on rival Huawei in several countries.
