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.
Social media will continue to rapidly evolve in the next year with a new regulatory landscape, in light of new research on how it affects emotions, the rise of newcomers like TikTok, and a new era of commerce.
These are the headlines you Need 2 Know for Tuesday, December 31, 2019.
Tesla unveiled its first China-made electric vehicles for purchase Monday. Despite hitting this milestone, the company’s stock sunk on speculation the company will miss 2019 delivery expectations when Q4 numbers are released.
A look at the events that are sure to make the market move next week — the final week of 2019!
Kevin Tan, CEO of the food ordering app Snackpass, talked to Cheddar about plans to expand to more college campuses and cities as well.
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 singular success of Tesla ($TSLA) – and the Model 3 in particular – may spell trouble for the EV sector, at least in the short term. While sales of electric vehicles in the U.S.
These are the headlines you Need 2 Know for Friday, December 27, 2019.
Scott Wolfe, CEO of Levelset, says that money will be going toward research and development to ultimately help streamline the payment process and allow contractors to easily stay in compliance.
Satya Nadella is the CEO of the World's Most Valuable company and was named Fortune's Businessman of the year.
