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.
The vehicles' cheerleaders, chief among them Tesla CEO Elon Musk, maintain that self-driving vehicles, while susceptible to accidents, are still safer than human drivers.
These are the headlines you Need 2 Know for Thursday, December 26, 2019.
In 2009, going to Target or Walmart to buy the newest album was still the norm for most people. However, that trend would fade by the end of the decade. Now paying a monthly fee for a subscription music service that gives you access to the latest music is mainstream.
Former Uber CEO Travis Kalanick will resign from the board next week, effectively severing ties with the ride-hailing company he co-founded a decade ago.
By next year you could be banking with Google or Uber, and instead of moving dollars around you could be thinking about new currencies issued by other governments — or Facebook. Here are five themes to watch in 2020.
Cheddar's Michelle Castillo looks ahead to see the trends that will dominate the world of streaming entertainment in the upcoming year.
A look back on the hits and misses from last year's crystal ball on business, tech, politics, and culture.
These are the headlines you Need 2 Know for Monday, December 23, 2019.
A look back on the decade.
Boeing's new Starliner capsule went off course after launch Friday and won't dock with the International Space Station during its first test flight.
