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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

Comment by downwithdotcom1on Feb 01, 2021 12:29pm
122 Views
Post# 32437238

RE:does anyone know how much cash BB will receive from Facebook

RE:does anyone know how much cash BB will receive from Facebookeveryone is wondering..$2 bill is just speculation..facts known: terms of settlement are confidential and Blackberry will not comment furthur.. (most certainly as per FB legal team demand). thought procees is i believe there was a substantial one timer (recognize lost licencing fees all the way back to when BB 1st raised the issue, -long before the lawsuit was initated and some punative damages  plus licencing fees going forward. Monies exchanged might be seen in future financial statements but again, CHEN won't be able to legally say it was from the FB settlement...dwdc
P..S. another large swing in shareprice today....
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