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BlackBerry Ltd T.BB

Alternate Symbol(s):  BB

BlackBerry Limited is a Canada-based company, which provides intelligent security software and services to enterprises and governments worldwide. The Company leverages artificial intelligence (AI) and machine learning to deliver solutions in the areas of cybersecurity, safety, and data privacy and specializes in the areas of endpoint management, endpoint security, encryption, and embedded systems. It operates in three segments: Cybersecurity, IoT, and Licensing and Other. Cybersecurity consists of BlackBerry UEM and Cylance cybersecurity solutions (collectively, BlackBerry Spark), BlackBerry AtHo, and BlackBerry SecuSUITE. The Company’s endpoint management platform includes BlackBerry UEM, BlackBerry Dynamics, and BlackBerry Workspaces solutions. The IoT consists of BlackBerry QNX, BlackBerry Certicom, BlackBerry Radar, BlackBerry IVY and other Internet of things (IoT) applications. Licensing and Other consists of the Company’s intellectual property arrangements and settlement award.


TSX:BB - Post by User

Bullboard Posts
Post by zimmeeon Aug 16, 2018 5:28pm
102 Views
Post# 28474709

People from Ontario are not quite happy with this guy?

People from Ontario are not quite happy with this guy? https://globalnews.ca/news/4392076/tesla-ontario-government-rebate-lawsuit/?utm_source=notification/


Tesla suing Ontario government over cancellation of electric vehicle rebates

 
 
 
 
 
This file image provided by Tesla Motors shows the Tesla Model 3 sedan.

This file image provided by Tesla Motors shows the Tesla Model 3 sedan.

Courtesy of Tesla Motors via AP, File
 A A 

The Canadian arm of Tesla, Inc., is taking the Ontario government to court, claiming it has been treated unfairly in the cancellation of a program providing rebates to residents who bought electric vehicles.

In an application for judicial review, Tesla Motors Canada says the decision by Premier Doug Ford‘s government to cancel the program in July left hundreds of its customers no longer eligible for rebates they expected to get when they ordered their vehicles.

READ MORE: PC government’s decision to end Ontario electric vehicle rebate program likely to affect sales: industry

It claims that Tesla was singled out and that purchasers of other brands will still get rebates during a transition period.

It asks the Ontario Superior Court to quash the “arbitrary and entirely unreasonable” decision, which it says has already tarnished its reputation and caused financial harm.

The Ontario Transportation Ministry did not immediately respond to a request for comment.

READ MORE: Elon Musk says Saudi Arabia could finance bid to take Tesla private

In July, the government said the incentives would be honoured for vehicles ordered through a dealership if they are delivered and registered by Sept. 10, but Tesla sells vehicles directly to customers rather than through a dealership.

None of the claims has been proven in court.


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