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.
Cheddar looks at the players in the GameStop stock saga taking part in the House Committee on Financial Services hearing.
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TomoCredit founder Kristy Kim talked to Cheddar about the fintech startup looking to help "credit invisible" customers build their FICO scores,
Cheddar anchors Kristen Scholer and Hena Doba break down the global chip shortage and how one company in Taiwan, TSMC) controls most of the world's supply.
Cheddar Climate is highlighting the automotive industry and the steps its leaders are taking to reduce carbon emissions.
Jesse Ortega, executive chief engineer, about Chevy's electric SUV offering and its ambitions for expanding its brand in combatting climate change.
Nadine Philipp, head of sustainability at BMW, spoke with Cheddar about the luxury car brand's deal with Emirates Global Aluminum.
Beachbody is hitting the public markets in a three-way deal that values the fitness and nutrition business at $2.9 billion.
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.
Bumble, known for letting female users make the first move, opened on the Nasdaq at $76 per share on Thursday afternoon.
