The Business Times

Blackberry

Telcos, Media & Tech

BlackBerry gains on partnership with AMD for robotics systems

BLACKBERRY shares jumped more than 7 per cent on Tuesday (Apr 9) after the Canadian company teamed up with Advanced Micro Devices (AMD) to roll out a platform that will enable better robotics capabili...

BlackBerry expects first-quarter revenue in the range of US$130 million to US$138 million, below analysts’ estimate of US$151.12 million.
Telcos, Media & Tech

BlackBerry reports surprise profit on demand for cybersecurity services

CANADA’S BlackBerry reported a surprise profit for the fourth quarter on Wednesday (Apr 3), helped by higher demand for its cybersecurity services amid growing online crimes and high-profile hacks.

Blackberry in December scrapped its IPO plans for its Internet of Things (IoT) business, but still expects to split the IoT and cybersecurity businesses into fully standalone divisions.
Companies & Markets

BlackBerry to lay off more staff in cost-cutting drive

CANADA’S BlackBerry said on Monday it was targeting an additional increase of US$100 million in its annual profit as the cybersecurity firm slashes costs, including reducing workforce.

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