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Top related persons:
John Chen - 5 Chen - 2 Mike Blake - 2 what's - 1 Chris Wattie - 1 Yuvraj Malik - 1 Chavi Mehta - 1 Shailesh Kuber - 1
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Search resuls for: "John Chen"


9 mentions found


☆ Outgoing BlackBerry CEO Chen: AI was already a big part of our offering 'before it was fashionable'
  + stars: | 2023-11-01 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailOutgoing BlackBerry CEO Chen: AI was already a big part of our offering 'before it was fashionable'John Chen, Outgoing BlackBerry CEO, joins 'Closing Bell Overtime' to talk his time at the company, what's next for the company and why he is choosing to leave now.
Persons: Chen, John Chen, what's Organizations: BlackBerry
☆ BlackBerry CEO John Chen to depart - The Globe and Mail
  + stars: | 2023-10-30 | by ( ) www.reuters.com   time to read: +1 min
Blackberry CEO John Chen takes part in an event at the BlackBerry QNX headquarters in Ottawa, Ontario, Canada, February 15, 2019. REUTERS/Chris Wattie/File Photo Acquire Licensing RightsCompanies BlackBerry Ltd FollowOct 30 (Reuters) - BlackBerry's (BB.TO) CEO John Chen has resigned and will exit the company on Friday, the Globe and Mail reported on Monday citing a source familiar with the matter. Chen joined BlackBerry in November 2013 and led the company's turnaround efforts in pivoting it from consumer hardware business to one that focused on enterprise software. Earlier this month, the company said it would separate the IoT and cybersecurity units and target a subsidiary initial public offering for the IoT business next fiscal year. Last year, it pulled the plug on its smartphones business and has since been trying to sell its legacy patents related to its mobile devices.
Persons: John Chen, Chris Wattie, Chen, Yuvraj Malik, Chavi Mehta, Shailesh Kuber, Krishna Chandra Organizations: BlackBerry, REUTERS, Globe and Mail, U.S, Thomson Locations: Ottawa , Ontario, Canada, Canadian, Bengaluru
☆ Blackberry CEO John Chen announces plans to retire
  + stars: | 2023-10-30 | by ( ) www.cnbc.com   time to read: 1 min
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBlackberry CEO John Chen announces plans to retireBlackberry's CEO announces he is planning to retire effective November 4 of this year.
Persons: John Chen
☆ BlackBerry to separate IoT and cybersecurity businesses, plans IPO
  + stars: | 2023-10-04 | by ( ) www.reuters.com   time to read: +2 min
REUTERS/Mike Blake/File Photo Acquire Licensing RightsOct 4 (Reuters) - Canadian technology company BlackBerry (BB.TO), said on Wednesday it would separate its Internet of Things (IoT) and cybersecurity business units and target a subsidiary initial public offering for the IoT business next fiscal year. BlackBerry joins a number of companies that have split their units in recent years, favoring a leaner corporate structure to help investors better evaluate their separate businesses. BlackBerry said in May it would consider strategic options for its portfolio of businesses that could include the possible separation of one or more of its businesses. Last year, it pulled the plug on its smartphones business and has since been trying to sell its legacy patents related to its mobile devices. IoT revenue was $49 million, while cybersecurity revenue came in at $79 million.
Persons: Mike Blake, Johnson, John Chen, BlackBerry, Savyata Mishra, Samrhitha, Shilpi Majumdar, Shinjini Organizations: REUTERS, BlackBerry, Kellogg, Healthcare, Johnson, General Electric, Reuters, Veritas Capital, Thomson Locations: Irvine , California, U.S, Canadian, Waterloo , Ontario, Bengaluru
☆ BlackBerry expects to report drop in quarterly revenue, shares dive
  + stars: | 2023-09-06 | by ( ) www.reuters.com   time to read: +1 min
The Blackberry logo is shown on a office tower in Irvine, California, U.S., October 20, 2020. In its preliminary results announcement for the quarter, the company said it expects revenue of about $132 million, compared with $168 million last year. Four analysts polled by LSEG expect BlackBerry to report sales of $156.9 million. In August, media reports said private equity firm Veritas Capital made an offer to buy BlackBerry, months after the Canadian company began a strategic review. The company expects revenue in its cybersecurity unit to be about $80 million, lower than $111 million last year.
Persons: Mike Blake, John Chen, Jaiveer Singh, Devika Organizations: REUTERS, LSEG, Veritas Capital, Canadian, Thomson Locations: Irvine , California, U.S, Bengaluru
☆ BlackBerry warns of economic impact on cybersecurity business
  + stars: | 2022-12-20 | by ( ) www.reuters.com   time to read: +2 min
Dec 20 (Reuters) - BlackBerry Ltd (BB.TO), said on Tuesday the sales cycles for its cybersecurity software have become longer and it expects the current macroeconomic environment to pose more challenges in the near term. The Canadian technology company said revenue from the cybersecurity business would remain flat in the first half of 2023, but grow in the latter half of the year. BlackBerry Chief Executive John Chen said the cybersecurity business was regaining momentum and there's evidence that investments will drive progress towards growth next year. U.S.-listed shares of the company fell marginally in extended trading. Revenue fell 8.2% to $169 million from $184 million.
☆ How BlackBerry moved from iconic cellphones to cybersecurity
  + stars: | 2022-11-19 | by ( Liam Mays | ) www.cnbc.com   time to read: +2 min
The phones were well-known for having a tactile keyboard and for BlackBerry's advanced cybersecurity — often favored among businesses and governments. "Currently, BlackBerry has two main business units, a cybersecurity business unit and an IoT business unit within the cybersecurity business unit," said Charles Eagen, chief technology officer of BlackBerry. Its cybersecurity unit focuses on securing things such as smartphone applications and mobile banking websites. Its internet of things unit focuses on the communication of technology within connected and autonomous cars. However, BlackBerry does face competition in the cybersecurity industry, and in 2021 its revenue from cybersecurity was $500 million.
☆ What happened to BlackBerry?
  + stars: | 2022-11-19 | by ( Liam Mays | Jeniece Pettitt | Magdalena Petrova | ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWhat happened to BlackBerry? For years, BlackBerry was the most popular smartphone brand in the U.S. After failing to adjust to the rapidly-changing industry and falling to competitors like Apple and Google, the company pivoted to an entirely new direction. Now, it's focused solely on software and cybersecurity — trying to leave the iconic cellphones in the past. CNBC visited BlackBerry's Autonomous Vehicle Innovation Center and interviewed CEO John Chen to see what the company is up to now.
☆ A former tech exec became an entrepreneur overnight after buying a DTC jewelry brand pulling in $3.5 million yearly. Here's how she found the company and her first steps as a new owner.
  + stars: | 2022-10-25 | by ( Madeline Stone | ) www.businessinsider.com   time to read: +4 min
Suchi Jain Saxena left the tech world to pursue e-commerce entrepreneurship. Jain Saxena told Insider about how she brought her tech background to running a DTC brand. But about five months ago, she decided it was time to leave the tech world and try something new on her own. "I come from a family of entrepreneurs, and I always had this desire to scratch my entrepreneurial itch," Jain Saxena said. Jain Saxena is one of many entrepreneurs who are buying established e-commerce stores, rather than starting their own.
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