John Chen, executive chairman and CEO for BlackBerry, said in a statement that the acquisition of Secusmart underscores his company's focus on addressing security costs and threats ranging from individual privacy to national security.
According to a press release, QNX OS for Medical 1.1 complies with standards for medical...
The move comes as the Ontario-based company looks to become profitable by its 2016 financial...
BlackBerry laid off 65 employees who worked on consumer applications development for...
Amazon CEO Jeff Bezos told Re/code he is open to seeing his company’s Appstore on more OEM’s devices. Amazon just signed a licensing deal with BlackBerry that will open access to Amazon’s consumer application storefront for BB devices starting with the BlackBerry 10.3 update expected in the fall.
TORONTO (AP) — BlackBerry surprised Wall Street by posting financial results that beat analysts' expectations. Shares rose 13 percent in premarket trading as CEO John Chen cut expenses quicker than expected. The embattled smartphone company reported net income of $23 million, or 4 cents per share, for the three months ended May 31. It had reported a loss of $84 million, or 16 cents per share, a year ago.
BlackBerry has signed a licensing agreement with Amazon to give BlackBerry users access to the 240,000 Android applications in the Amazon Appstore. With the release of the BlackBerry 10.3 this fall BlackBerry users will be able buy apps, music, movies and more directly from Amazon. BlackBerry World will stay in place but as of July 21, BlackBerry’s native app storefront will close its video and music sections.
BlackBerry today released ‘BBM Protected,’ a more secure version of its mobile messaging platform geared toward regulated industries. The new messaging platform uses a FIPS 140-2 validated cryptographic library, according to a press release.
Under the agreement, EnStream will leverage BlackBerry’s infrastructure to enable financial institutions, including Royal Bank of Canada, TD Bank Group, CIBC and Desjardins, and mobile operators to securely provision sensitive payment card credentials into any smartphone capable of near field communication (NFC).
If you’re a BBM user on Android or iPhone you’ll soon be seeing an update available in your app store. This next release (v.2.2) is focused on streamlining key aspects of the BBM experience. BlackBerry's goal is to make it simpler for new users to join the BBM community and to make it faster and easier to add new BBM contacts.
"I'll be able to create a lot of value for our shareholders without the handset business," Chen said in a video of talk posted to ReCode's website. "But I think there's a chance to create even more." That said, Chen admitted it will be the market that would decide the fate of BlackBerry's handset business.
Foxconn announced plans to snap up a $390 million stake in Taiwanese mobile operator Asia Pacific Telecom. Foxconn, Apple’s primary manufacturing partner, will take on 582.9 million Asia Pacific shares before the two companies fully merge through a share swap, according to Reuters. The merger is scheduled to take place by June 20.
BlackBerry today announced that Spear Street Capital has agreed to pay $278 million (CDN$305 million) for the majority of BlakcBerry's Canadian real estate holdings. According to a press release, Spear Street will waive its rights to due dilligence and will proceed with the purchase.
While financial details of the investment were not provided, BlackBerry said in a statement that the two companies intend to collaborate on the development of HIPAA and other government privacy certified, integrated clinical systems for medical care.
BlackBerry CEO John Chen is giving himself two years to make up for his company’s plummeting handset revenue. Chen doesn’t plan to do away with handsets but he does plan to replace BlackBerry’s handset profits by focusing on software for connected verticals like automotive and health care, according to Bloomberg.
April Fools’ Day is over, right? Technically, news of BlackBerry not renewing T-Mobile’s license to sell its phones came yesterday. But we checked and, it’s real. That means BlackBerry, a once-mighty handset maker that is now barely clinging to life, told the hottest U.S. carrier that it can’t sell BlackBerry devices anymore. This move seems counter-intuitive to say the least.
BlackBerry today announced it will not be renewing T-Mobile’s license to sell BlackBerry products after it expires April 25. In a blog post, BlackBerry promised that existing BlackBerry users on T-Mobile would not experience any lapse in support and that it would continue to support any customers who purchase BlackBerry devices from T-Mobile’s remaining inventory.
SAN FRANCISCO (AP) — Troubled smartphone maker BlackBerry has won an early round in its legal battle against an iPhone keyboard made by a startup co-founded by "American Idol" host Ryan Seacrest. A court order bans Seacrest's company, Typo Products LLC, from selling its iPhone keyboard in the U.S. while BlackBerry Ltd. proceeds with a patent infringement case against the product.
BlackBerry reported a steep drop in profit and revenue Friday as it transitions from a smartphone company to a software business under its new chief executive. Shares jumped 7 percent in premarket trading as CEO John Chen cut expenses quicker than expected.
According to a press release, the company's Secure Work Space for iOS and Android, a multi-platform containerization solution managed through BlackBerry Enterprise Service 10 (BES10), is now Federal Information Processing Standard (FIPS) 140-2 certified.
BlackBerry Friday said that it has agreed to sell the majority of its property holdings in Canada. According to a press release, BlacKBerry is set to sell more than 3 million square feet of space and vacant land. The sale is part of the company's ongoing cost-cutting measures.
BlackBerry Tuesday unveiled a pair of new handsets, one of which is in keeping with CEO John Chen's committment to addressing emerging markets. The Canadian OEM unveiled a successor to the Q10, the BlackBerry Q20, which features...
In his response, T-Mobile CMO Mike Sievert marveled at the passion of BlackBerry fans but firmly opposed Chen’s response. “The premise of his article was that it's best for customers if we restrict the free flow of information and limit consumer choice. At T-Mobile we totally reject that premise,” Siervert wrote.
An email blast issued by T-Mobile last week, offering BlackBerry users a chance to upgrade to an iPhone, was met with a swift and angry response from BlackBerry CEO John Chen. Chen voiced his outrage over the promotion in a blog post. “I can only guess that T-Mobile thought its ‘great offer for BlackBerry customers’ would be well received. T-Mobile could not have been more wrong,” Chen said.
Mobile World Congress isn’t for every phone maker. Hyped-up standalone product events from big players like Apple and Samsung have discouraged many companies from using annual trade shows as a venue for product announcements. Still, a few struggling OEMs could use the boost a high-profile MWC turn can provide, and more will show off products just to parse out the sheer volume of devices they’ll be launching during the coming year.
SAN FRANCISCO (AP) — Troubled smartphone maker BlackBerry Ltd. is accusing a company backed by "American Idol" host Ryan Seacrest of being a rip-off artist. The allegations emerged in a patent infringement lawsuit filed Friday in a San Francisco federal court by BlackBerry. The suit targets an iPhone keyboard made by Typo Products LLC, a Los Angeles startup co-founded by Seacrest and entrepreneur Laurence Hallier.
BlackBerry co-founder Michael Lazaridis has trimmed his stake in the troubled smartphone pioneer to just below 5 percent after selling 3.5 million shares during the past two days. The sales disclosed in a Tuesday regulatory filing came after BlackBerry Ltd. announced a third-quarter loss of $4.4 billion last week.
Following two quarters of gigantic losses, BlackBerry is making good on its retreat from the consumer market and canceling the release of two planned BlackBerry 10 devices. In a filing with the SEC, BlackBerry refers to the infamous “Z10 Inventory Charge” that cost the company about $1 billion in its second quarter, as a primary motive for the move.
BlackBerry continues its slide as the company slowly but surely implements measures to right its sinking ship. The company today reported a loss of $4.4 billion on $1.2 billion of revenue for its fiscal third quarter. That compares to last quarter when BlackBerry posted a $965 million loss, on $1.6 billion.
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