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.
500K Covid Deaths, Texas Utility Bills & Arctic Milestone
The surge in pricing is hitting people who have chosen to pay wholesale prices for their power, which is typically cheaper than paying fixed rates during good weather, but can spike when there’s high demand for electricity.
Democrats who were involved in the questioning during the House Financial Services Committee hearing on the GameStop stock controversy spoke to Cheddar about what they felt they learned.
President Joe Biden toured a state-of-the-art coronavirus vaccine plant Friday as extreme winter weather across broad swaths of the U.S. handed his vaccination campaign its first major setback.
From Wall Street to Silicon Valley, these are the top stories that moved markets and had investors, business leaders, and entrepreneurs talking this week on Cheddar.
Cheddar has pulled together a rough timeline of the GameStop tale, from its inauspicious beginnings to becoming one of the biggest stories out of Wall Street since the crash of the housing market.
The UK Supreme Court has ruled that Uber drivers should be classed as “workers” and not self-employed.
Notable names like Bob Dylan and Volvo are all users of this top-tier cloud storage service, well-priced for content creators of any status.
A NASA rover has landed on Mars in an epic quest to bring back rocks that could answer whether life ever existed on the red planet.
In 1856, a chemistry student named William Henry Perkin accidentally created a strange substance with a rich purple hue. That accident turned out to be the world’s first synthetic dye.
