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.
Maxine Williams, chief diversity officer at Facebook, spoke to Cheddar from the all-virtual SXSW to discuss Facebook's progress on improving diversity and inclusion within the social media giant.
NASA has completed an engine test firing of its moon rocket, after the first attempt in January ended prematurely.
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Doug Scott, Twitch CMO, talked to Cheddar about the platform's streaming success partly by allowing its audience to be creators as well.
CEO and founder of OloNoah Glass spoke to Cheddar about the restaurant tech firm's successful public offering on Wednesday.
Cannabis e-commerce platform Dutchie announced a $200 million Series C round of funding that the company said values it at $1.7 billion.
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Charles Stewart, CEO of Sotheby's, talked to Cheddar about plans to make its first-ever sale of a non-fungible token (NFT) in partnership with artist Pak.
The German automaker says it plans six big battery factories in Europe by 2030, starting with building out its existing ones in Salzgitter, German, and in Skelleftea, Sweden.
As a worldwide semiconductor shortage hammers American industries, trade groups are reaching out to the Biden administration with pleas to boost production in the U.S.
