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.
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.
Newsweek's and friend of the show, Steven Asarch joined us to discuss his early thoughts on the upcoming action role-playing video game, The Outer Worlds.
These are the headlines you Need 2 Know for Thursday, October 31, 2019.
HBO customers already pay $14.99 a month. With HBO Max, people will pay the same amount but get more bespoke programming and 10,000 hours of previously released movies and television shows.
ShopRunner CEO Sam Yagan, a founder of OkCupid and vice chair at Match Group, is looking to take on Amazon's dominance with a partnership with Apple Pay.
These are the headlines you Need 2 Know for Wednesday, October 30, 2019.
In mid-September, the White House revoked a waiver that allows California to implement stricter emission standards than what the federal government puts forward under the Clean Air Act.
Dennis Muilenburg offered U.S. Senators a mea culpa on Tuesday as lawmakers across the board sought answers and demanded accountability for the deadly crashes of two Boeing 737 Max planes.
Jelena McWilliams, Chairman of the Federal Deposit Insurance Corporation, spoke to Cheddar at the Money20/20 conference in Las Vegas and said that digital banks and fintech present "very healthy competition" to community banks.
The offer price is not clear, and it is unknown whether or not Fitbit is considering the offer.
