Shares of BlackBerry jumped 2o% to $3.59, snapping a two-day losing streak and putting the stock on track for its highest close since May 14, according to Dow Jones Market Data.

Blackberry is selling its AI-powered cybersecurity platform Cylance to Arctic Wolf, a cybersecurity firm specializing in managed security services. The company is set to receive $160 million in ...

According to InvestingPro data, BlackBerry has demonstrated strong returns across multiple timeframes, including a notable 34.35% gain over the past six months. The revision reflects the recent sale ...

The revision reflects the recent sale of BlackBerry's cybersecurity unit Cylance for a higher-than-anticipated price, which has removed a significant uncertainty for the company's stock.

On Tuesday, BlackBerry Limited (NYSE:BB), currently trading at $3.09, maintained its market position after announcing the sale of its AI-based endpoint protection solution, Cylance, to privately ...

BlackBerry's ambition to mix infosec and the Internet of Things has been squeezed, after the Canadian firm announced it is offloading Cylance's endpoint security products. The erstwhile handset champ ...

The judge didn’t mince words about what he thought of Dylan Schaap and his involvement in Josue Silva’s death at a southwest London bush party. “All that Mr. Schaap has going for him is that ...

Arctic Wolf will use Cylance’s technology to analyze the data collected by Aurora for malicious activity. BlackBerry expects to close the sale by the end of February.

BlackBerry shares jumped 16% to 4.44 Canadian dollars ($3.12) after the company agreed to sell its embattled Cylance endpoint security assets to Arctic Wolf for $160 million and 5.5 million shares ...

Arctic Wolf has acquired Cylance, BlackBerry’s beleaguered cybersecurity business, for $160 million — a significant discount from the $1.4 billion BlackBerry paid to acquire the startup in 2018.

If Cylance is still generating $189 million or so annually (as reported in 2021), the valuation of the sale might be 0.8 times sales. If Cylance generates the bulk of BlackBerry's sales today ...