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Alberta Investment Management Corp lessened its holdings in shares of BlackBerry Limited () by 18.8% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission.
Alliancebernstein L.P. raised its stake in BlackBerry by 3.9% during the 2nd quarter.
Assenagon Asset Management S.A. purchased a new stake in BlackBerry in the 3rd quarter valued at $52,000.
BlackBerry Ltd. has signed a deal to sell a portfolio of what it says are non-core patents related to mobile devices, messaging and wireless networking in an agreement that could be worth up to US$900 million.
BlackBerry warned the board has not set a timetable for completing the review, which will be led by Morgan Stanley & Co. LLC and Perella Weinberg Partners.
By focusing on these areas, BlackBerry aims to leverage its expertise and meet the growing demand for cybersecurity solutions in the market.
Source: https://www.chiangraitimes.com/tech/blackberry-reports-surprise-profit/
For example, BlackBerry says respondents heavily favoured the use of AI tools for cybersecurity defense (81 per cent).
Giamatteo's remarks come as BlackBerry is charting a new future.
In its fourth quarter ending Feb. 29, BlackBerry expects to see its revenue reach between US$150 million and $159 million, with up to US$88 million coming from its cyber business and up to $66 million from its IoT offerings.
On average, sell-side analysts forecast that BlackBerry will post -0.03 EPS for the current fiscal year.
Other members include Meta Platforms Inc., Google, BlackBerry Ltd., Cohere, Scotiabank and Microsoft.
Public Sector Pension Investment Board boosted its stake in shares of BlackBerry by 0.8% during the 3rd quarter.
Shares of BlackBerry Ltd. () have added about 47% to their price so far this year, cutting the 12-month share price decline from about 50% in late March to around 17% at Monday’s close.
Source: https://247wallst.com/investing/2023/06/27/earnings-previews-blackberry-micron-paychex/
State Street Corp grew its stake in shares of BlackBerry by 2.9% in the 1st quarter.
Source: https://www.americanbankingnews.com/2023/05/19/blackberrys-bb-maintains-rating-reaffirmed-at-3m.html
The folks at Solder Party in Sweden managed to get their hands on a big stack of keyboards from the BlackBerry Q20—one of the sleekest handsets the company ever released.
Source: https://gizmodo.com/blackberry-keyboard-for-pc-apple-android-iphone-mac-1850288102
“We are delighted to show off production-ready applications developed by our automotive partners on the BlackBerry IVY platform,” said Sarah Tatsis, Senior Vice President of IVY Platform Development at BlackBerry.
“We are delighted to show off production-ready applications developed by our automotive partners on the BlackBerry IVY platform,” said Sarah Tatsis, Senior Vice President of IVY Platform Development at BlackBerry.