Wednesday, 26 January 2022

Tag Archives: blackberry

BlackBerry to buy cybersecurity firm Cylance for $1.4bn

CALIFORNIA: BlackBerry Ltd said on Friday it will acquire Cylance, an artificial intelligence and cybersecurity company, for $1.4 billion in cash to help expand its QNX unit that makes software for next-generation autonomous cars. Besides the cash component, the deal includes the assumption of Cylance’s unvested employee incentives, BlackBerry said. ...

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BlackBerry turnaround hopes fade

LONDON: BlackBerry shares have been plunging from ther two-year high hit in June after lackluster earnings and competitive threats have raised doubts about prospects for a turnaround at the business software maker. At Friday’s price of about $8.70, BlackBerry’s US-traded shares have lost a quarter of their value since reaching ...

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