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.
Amazon-owned Zoox Inc. unveiled its four-person “robo-taxi,” a compact, multidirectional vehicle it says was designed for dense, urban environments.
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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.
The porn industry in 2020 has come under scrutiny from media and politicians alike. Cheddar's Nora Ali takes a deep dive.
Weedmaps, a cannabis review site and software company, announced Thursday that it has agreed to go public through a merger with a special purpose acquisition company (SPAC).
Johanna Faries, a vice president at gaming company Activision Blizzard and commissioner of Call of Duty League, joined Cheddar to discuss esports in the era of the pandemic.
Several states along with the Federal Trade Commission have launched lawsuits against Facebook for snuffing out competition through acquisitions. Cheddar's Michelle Castillo reports.
Stockton, California Mayor Michael Tubbs, started a pilot UBI program in 2019 that just got a big boost in funding from Twitter CEO Jack Dorsey.
Airbnb shares more than doubled in price as the home sharing company made its debut Thursday on the Nasdaq stock exchange.
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