BlackBerry Ltd (BB.TO), said on Tuesday the sales cycles for its cybersecurity software have become longer and it expects the current macroeconomic environment to pose more challenges in the near term. The Canadian technology company said revenue from the cybersecurity business would remain flat in the first half of 2023, but grow in the latter half…
BlackBerry Takes a Knock as Cybersecurity Revenue Drop Clouds Automotive Demand
Canada’s BlackBerry Ltd. on Tuesday reported a fall in cybersecurity revenue for the second quarter, as customers reined in spending due to an uncertain macroeconomic environment, sending its shares down about 3 percent in extended trading. The company has also been facing tough competition from Microsoft Corp., Citrix Systems, and International Business Machines in the…
Classic BlackBerry Devices Will No Longer Work After Jan. 4, Marking End of an Era
Classic BlackBerry devices running on OS 7.1 or earlier will no longer be supported after Jan. 4, meaning the phones will effectively be rendered useless. The company reminded customers of the change in a notification on Dec. 22. “As a reminder, the legacy services for BlackBerry 7.1 OS and earlier, BlackBerry 10 software, BlackBerry PlayBook OS 2.1 and…
BlackBerry Beats Quarterly Revenue Estimates on Strong Cybersecurity Demand
Canadian software giant BlackBerry Ltd beat Wall Street estimates for third-quarter revenue on Tuesday, helped by strong demand for its cybersecurity services due to the pandemic-led shift to remote working. Demand for cybersecurity software has been robust as more businesses migrate to cloud-based solutions to support remote work during the COVID-19 pandemic. The rise of…
BlackBerry Beats Quarterly Revenue Expectations on Cybersecurity Boost
Canada’s BlackBerry Ltd. beat Wall Street estimates for second-quarter revenue on Wednesday amid strong demand for its cybersecurity and Internet of Things software products. Firms such as BlackBerry are benefiting from an uptick in demand for cybersecurity and IoT products as more businesses and government organizations shift their operations to the cloud in order to…
US News
- Ross MuscatoSince the Dec. 12, 2012, massacre of 20 children and six educators at Sandy Hook Elementary School in Connecticut, the state has passed several laws to restrict and make it… [...]
- Ryan MorganThe campaign video Rep. Adam Schiff (D-Calif.) released to announce his 2024 Senate campaign became the subject of an ethics complaint within a single day. On Thursday, Schiff announced he… [...]
- Amy GammFive Republican members of Congress from New York sent a letter to President Joe Biden on Wednesday, demanding transparency about his administration’s “secrecy” involving migrant relocation operations and expressing outrage… [...]
- City News ServiceThe Los Angeles City Council tentatively voted Jan. 27 to provide tenants who are behind on their rent with a one-month grace period prior to their landlord beginning eviction proceedings,… [...]
- Lear Zhou, Jason BlairSAN FRANCISCO—Hundreds of community members gathered in Portsmouth Square in San Francisco on the evening of Jan. 26 to commemorate the victims of two recent mass shootings in California and… [...]
- City News ServiceSAN DIEGO—A Chula Vista man who blew up two ATMs in an attempt to steal the money inside was sentenced Jan. 27 to more than 11 years in federal prison.… [...]
- Caden PearsonFormer Vice President Mike Pence on Friday acknowledged his responsibility for classified documents found at his residence in Indiana and pledged to participate in any investigation into the matter. Pence… [...]
- Joseph M. HannemanA California doctor who treated the mortally wounded Ashli Babbitt after she was shot outside the House of Representatives on Jan. 6, 2021, was arrested by the FBI on four… [...]
- Bill PanThe State Bar of California is moving to disbar attorney and former law professor John Eastman for supporting President Donald Trump’s efforts to challenge the 2020 election results. In a… [...]
- Jack BradleyOrange County Sheriff’s officials announced Jan. 26 that “rainbow” fentanyl was found for the first time in the department’s jurisdiction. Deputies confiscated 14,000 multi-colored fentanyl pills along with 2 kilograms… [...]