Wednesday, September 28, 2022

BlackBerry IoT Unit Sees Increase in Automotive Demand Amid Fall in Cybersecurity Revenue

BlackBerry on Tuesday reported that its revenues from cybersecurity services for the second quarter fell 7.5 percent to $111 million (roughly Rs. 900 crore) year-on-year. The company faces tough competition from Microsoft, Citrix, and IBM in the security software segment. Meanwhile, the company's Internet of things (IoT) unit, which includes the QNX automotive softwar...

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