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.
These are the headlines you Need 2 Know for Thursday, June 13, 2019.
As scrutiny into the practices of large tech firms increases, the House Judiciary Antitrust Subcommittee on Tuesday held a hearing on the impact platforms like Google and Facebook have on the media.
These are the headlines you Need 2 Know for Wednesday, June 12, 2019.
Attorneys general from states across the country filed a federal lawsuit on Tuesday against the pending merger between T-Mobile and Sprint.
Uber is holding its third annual Elevate Summit this week in Washington D.C. to show off its progress so far in bringing its vast logistics and ride-hailing network to the skies'.
These are the headlines you Need 2 Know for Monday, June 10, 2019.
Nearly a decade since the Arab Spring uprisings, social media use in the region has declined dramatically.
Tally Save is designed to motivate users to save by letting them earn points they can redeem for gift cards to 50 of the largest U.S. retailers including Amazon, Whole Foods, Target and Starbucks as well as services like Uber or Airbnb.
The largest financial hub in the world with 20 million consumers, New York is an integral part of achieving mainstream and institutional adoption.
Facebook is expected to report first-quarter earnings and revenue in extended trading on Wednesday, and investors will be watching for clues on how the social network plans to monetize its key Stories feature.
