Blackberry shares soared after the company beat analysts earnings forecasts. John Chen, CEO of Blackberry, joined us to break down the results.
Blackberry's results were boosted by an increase in business software sales and licensing revenue. Chen says Blackberry has 2 major focuses. The first is the enterprise software business and the other is the auto sector. Blackberry has been in the auto business for 8-10 years, but made a bigger push about 4 years ago, he points out.
Chen says there are 60 million cars on the roads using blackberry software. Looking forward, the company is working on designing new components such as lane-changing and communication capabilities with other cars and infrastructure. He sees a huge opportunity in the space, emphasizing that about 100 million cars are made every year.
The Seattle-based company said its first-quarter profit more than tripled from a year ago, fueled by the growth of online shopping.
Cheddar's Michelle Castillo investigates the proliferation of counterfeit goods on e-commerce marketplace sites like Amazon and Alibaba.
China has launched the main module of its first permanent space station that will host astronauts long term.
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Google's director of product management, ads privacy and trust David Temkin talked to Cheddar's Michelle Castillo about the changing landscape of digital advertising.
Tim Sheehan, co-founder and CEO of Greenlight, explains how the company looks to teach financial knowledge to children following its $260 million Series D fundraise.
Virgin Hyperloop CEO and co-founder Josh Giegel spoke to Cheddar about the hopes for the high-speed rail tech to help tackle the climate crisis.
Jill and Carlo discuss the CDC's updated mask guidance, a deeper dive into the catastrophe in India, what POTUS will pitch to Congress, and the biggest public health breakthrough of the decade that you haven't heard about.
Boeing is posting another loss as the pandemic continues to undercut demand for new planes and the company deals with more problems around its 737 Max jetliner.
Tom Pickett, chief revenue officer for DoorDash, spoke to Cheddar about the delivery apps changes to its fee pricing schedule for its restaurant partners.
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