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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 Digby8on Feb 14, 2021 8:31am
215 Views
Post# 32564075

RE:RE:RE:BB v. FB: Dismiss Case, Feb 14 2021

RE:RE:RE:BB v. FB: Dismiss Case, Feb 14 2021I think this sums it up pretty well. From Steelers12 on ST:

If you read the motion to vacate from Feb 8th, the very first page, it sounds like the dismissed case was necessary for settlement.

“Plaintiff BlackBerry Limited filed this unopposed motion asking the Court to vacate the SJ Order to facilitate a settlement with defendant Facebook, Inc…The parties filed a Joint Status Report indicating that they: (1) “have reached a confidential settlement to dismiss all remaining claims and counterclaims in this action” and (2) waive oral argument and jointly requested that the hearing on the motion be taken off-calendar.”

Sounds like FB was willing to settle and it was contingent upon dismissing the case. Meaning BB is getting paid."
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