Skip to content
  • fb
  • tw
  • li
TahoNews

TahoNews

Blogging News Site

  • Home
  • World News
  • Travel
  • Layout
  • Toggle search form

Blackberry’s Focus On Software For Automated Cars Pays Off

Posted on December 24, 2018 By Russell Moreno

After suffering quite a downfall in the smartphone market, Blackberry is now attempting to lead in autonomous vehicles software market and the world of cyber security. Compared to the stock of the rest of the market, Blackberry is nailing it by an increase of 2%. This has made the brand top the forecasts of Wall Street. Both the sales and income of the brand is going really well.

John Chen, the CEO of Blackberry is indeed very impressed with the latest change of events and the revival of the brand in the market. Since the time Blackberry has decided to indulge in the market of connected cars, there has been no stopping at all. Sales have increased up to 23% from this new business. Blackberry has also signed deals with companies such as – Aptiv, Baidu, Ford, Hyundai etc.

In the field of cyber security, the company is doing great as well. Soon it is to buy Cylance at a price of $1.4 billion. Cylance is a business enterprise that uses artificial intelligence in order to prevent the cyber attacks. This will in turn help the business of connected cars where Cylance can be used to keep the cars free from malwares or virus.

However, the company is still not on the previous position that it once had. In spite of the recent increase in sales, stocks have been down almost by 30%. In order to achieve the older position of power, reputation and trust, Chen believes that there needs to be persistence in the growth. The chief reason behind this downfall was that the company started late in the touch screen world and other companies like Samsung, Google took over.

 Good news is sales are not decreasing anymore and are quite in a stagnant stage. And of course, there is enough room for growth now.

Business, Top Stories

Post navigation

Previous Post: Oil Market Faces Oversupply Problems but Expects Correction
Next Post: Amid Brexit Worries, Banks Lower Growth Estimates

Related Posts

Technology Can Increase The Gender Employment Gap: The IMF Cautions Technology
Yet Another Detention Extension For Ghosn Business
Scientists Found Geckos Defying Physics Science
Instagram To Offer Better Ad Targeting By Sharing Bookmark Info Technology
Sony Europe Shifts Its Legal Base From UK To Amsterdam Over Brexit Woes Business
Brexit Will Leave UK Poorer, Says Govt Forecast Business

Recent Posts

  • Which Crypto to Buy Now?
  • Is PR Important for Blockchain Companies?
  • Benefits Of Studying A Part Time Degree Course In Singapore
  • Trends of Pain Management Therapeutics Market
  • How Smart Devices Can Provide Home Security

Tags

#Digital #Signage #OutdoorAdvertising Android App Asphalt Contractors & Driveway Services baby formula Best Nutritionist in Delhi Best Nutritionist in Mumbai business Cheap Airlines Clean carpet cleaning services near me cobb county probation violation Coffee concrete driveway concrete driveway Sydney dog Energy Drinks Fashion featured Google Nest Wifi Google Wi-Fi Google Wifi Review Greece Honeymoon places London speaker hire Monitoring Outfits probation violation attorney cobb county Protein Protein Coffee protein coffee ripped up nutrition Protein Shake QuickBooks QuickBooks Error 1328 retro joystick Spy Thailand Travel Travel Australia trekking in Nepal vacuum cleaning Vector Whatsapp WordPress customization WordPress design services

Categories

  • Animals (8)
  • Business (112)
  • Education (10)
  • Event & Festivals (1)
  • Fashion (3)
  • Finance (1)
  • Food (3)
  • General (25)
  • Health (73)
  • Nature (3)
  • News (3)
  • Pattern (1)
  • People (35)
  • Science (75)
  • Space (3)
  • Technology (139)
  • Top Stories (256)
  • Travel (12)
  • Vector (3)

Latest Post

  • Which Crypto to Buy Now? January 25, 2023
  • Is PR Important for Blockchain Companies? September 28, 2022
  • Benefits Of Studying A Part Time Degree Course In Singapore August 16, 2022

Copyright © 2023 TahoNews.

Powered by PressBook Grid Blogs theme