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BlackBerry Messenger (BBM) for consumers is shutting down for good on May 31st. When Indonesia-based media conglomerate Emtek took over its development in 2016, it redesigned the app with modern features in hopes that it can better compete with more popular chat applications these days. Unfortunately, its efforts failed to drum up enough interest in the new BBM.
More of a stop-gap than a sequel, the handset also packs Hub+ software improvements and refreshed versions of the BlackBerry Hub and BlackBerry Calendar. As for a proper follow-up, BlackBerry Mobile brand licensee TCL is moving away from an annual upgrade cycle, so you're looking at an ETA much later in the year.
It might be time to move on from BBM. The consumer version of the BlackBerry Messenger will shut down on May 31. Emtek, the Indonesia-based company that partnered with BlackBerry in 2016, just announced the closure.
TSX: BB) announced today that in light of Emtek's decision to end its service of BBM for consumers on May 31, 2019, the company is making BBM Enterprise (BBMe), its enterprise-grade end-to-end encrypted messaging platform, available for individual use. This decision was made out of BlackBerry's respect for loyal BBM users and was not a contractual obligation. It will not affect the company's financial guidance and enterprise software strategy.
Award-Winning Native AI Approach to Incident Response and ICS Services Highlighted as Industry Best Practice WATERLOO, Ontario , April 17, 2019 /PRNewswire/ -- BlackBerry Cylance , a business unit of ...
Canadian billionaire Prem Watsa told shareholders of Fairfax Financial Holdings Ltd on Thursday that the company will focus on internal growth at its key insurance business and step up efforts to boost its stock price by focusing on investment returns. Watsa, who oversees insurance and other businesses in more than 100 countries, expressed disappointment at the company's weak stock performance and book value over the past five years, largely the result of unimpressive returns from its investment holdings. Watsa nonetheless defended some of Fairfax's core holdings, which include BlackBerry Ltd and Greek lender Eurobank Ergasias SA, and told shareholders to be patient and ignore the short-term stock market fluctuations and focus on the long-term performance.
WATERLOO, Ontario , April 5, 2019 /PRNewswire/ -- BlackBerry Limited (NYSE: BB; TSX: BB) announced that in connection with the acquisition of Cylance, the company's Board of Directors has approved a grant ...
Bank of America Merrill Lynch said Friday that it's identified five new risks that reinforce the BlackBerry Ltd (NYSE: BB ) bear case. The Analyst Daniel Bartus maintains an Underperform rating on BlackBerry ...
BlackBerry Ltd (NYSE: BB) CEO John Chen said Friday after the company's fourth-quarter report its turnaround is complete. Morgan Stanley's James Faucette maintains an Equal-Weight rating on Blackberry with an unchanged $10 price target. MKM Partners Michael Genovese maintains at Neutral, fair value estimate lifted from $8.50 to $11.
The Latest Tech Buzz: Netflix, Amazon, Apple, and BlackBerry(Continued from Prior Part)BlackBerry is now a thriving software businessBlackBerry’s (BB) hardware business faced a massive downturn with the advent of smartphones like Apple’s iPhone.
were on the move Friday, rallying 13.63% to close at $10.09 after the company beat fourth-quarter earnings and revenue estimates. As a result, BlackBerry stock is hitting its highest levels since early October. BlackBerry stock is posting a strong move in midday Friday trading and bulls will want to see the stock close strong on the day.
shares closed up 13.63% to $10.09 Friday after the former mobile hardware company credited a jump in licensing revenue for strong top- and bottom-line fourth-quarter beats. The company's licensing and intellectual property revenue, which includes revenue from licensing existing patents to other companies, jumped 71% to $99 million. "We delivered on all of our fiscal 2019 financial commitments and created a solid foundation for continued profitable revenue growth in fiscal 2020," said John Chen, executive chairman and CEO, BlackBerry.
The company forecast revenue growth of 23-27 percent for the year, implying total revenue of between $1.13 billion and $1.16 billion. Analysts on average were expecting $1.09 billion, according to IBES data from Refinitiv. BlackBerry, which dominated the smartphone market nearly a decade ago before losing out to Apple Inc's iPhones and Android devices, has switched to selling software to corporations and government agencies under Chief Executive Officer John Chen.