Latest news with #BlackBerry
Korea Herald
2 days ago
- Business
- Korea Herald
Hanwha teams up with Canadian industry to advance submarine project bid
Korean shipbuilder Hanwha Ocean said Friday it has partnered with leading Canadian security and defense firms to strengthen its bid for a Canadian submarine project with an estimated value of up to 60 billion Canadian dollars ($43.4 billion). Alongside its parent company, Hanwha Aerospace, Hanwha Ocean signed agreements with cybersecurity provider BlackBerry and marine defense systems developer L3Harris MAPPS during Canada's Global Defence & Security Trade Show, known as CANSEC 2025. The two-day event, Canada's largest defense industry gathering, began Wednesday and featured Hanwha as the only participating Korean defense company. The agreements were signed in the presence of Michael Coulter, CEO of Hanwha Global Defense, who oversees global operations for Hanwha Aerospace and Hanwha Ocean, along with Phil Kurtz, chief legal officer of BlackBerry, and Rich Foster, vice president of L3Harris Technologies Canada. 'We see significant opportunities for synergies between Hanwha Ocean and these Canadian partners -- BlackBerry and L3Harris,' said CEO Coulter. 'With the signing of these MOUs, Hanwha can begin developing strategic relationships with these partners, which will also enhance and strengthen the relationship between Canada and South Korea.' Hanwha expects the partnerships will tighten its alignment with Canadian industry and provide an opportunity to leverage its partners' long-standing experience with the Canadian Navy, in particular giving new momentum to its bid for Canada's submarine procurement plan, which includes up to 12 vessels. Hanwha Ocean, with extensive submarine manufacturing experience, is collaborating with another Korean shipbuilding giant, HD Hyundai Heavy Industries, to propose advanced KSS-III-class submarines, designed and built using domestic Korean technology.
USA Today
3 days ago
- Entertainment
- USA Today
Ranking the top 25 films of the 2020s so far, from Tár to Nope
Ranking the top 25 films of the 2020s so far, from Tár to Nope As hard as it is to believe, we are more than halfway through the 2020s. A decade that started with masks on our faces and quarantines to abide by, we didn't spend nearly as much time at the movie theater as we did huddled in our living rooms for Netflix binges and movie marathons as cineplexes were closed across the globe. Thankfully, the doors opened once again for moviegoers, and we've gotten to experience some truly special films together in the years that have followed. Pinpointing this exact May 2025 moment we're in, how has the cinematic decade that was shaped up for us? While we've still got a ways to go until we look at the 2020s in the grander view of film, it still feels prudent to take a look back at the 2020s at (roughly) the halfway point and see what the best films are to this point. Certainly, this list is highly subjective to the author's preference and prone to just a bit of cheating in one spot. Also, we've seen Sinners three times now, and limiting ourselves to 2020-2024 wouldn't allow us to rank one of the best movies of the decade. So, we're going to veer just a bit into 2025 to include the singing vampires. With new insights and revised insights from past reviews we liked for what they said at the time, let's break down the top 25 films of this decade so far, a surely flawed list that will continue to ebb and flow in ranking and estimation as time goes on, as all of these lists are destined to do until the end of time. Films we regretted leaving off and might include if you asked tomorrow: BlackBerry, Dune: Part One, Bloody Nose Empty Pockets, Poor Things, West Side Story, We're All Going to the World's Fair, Asteroid City, Nomadland, Turning Red, Godzilla Minus One, You Hurt My Feelings, RRR, The Northman, Guillermo del Toro's Pinocchio, The French Dispatch, The Power of the Dog, Licorice Pizza, Hit the Road, Hundreds of Beavers, Anatomy of a Fall, Driveways, Babygirl, The Killer, A Real Pain, David Byrne's American Utopia, Furiosa: A Mad Max Saga, Anora, I'm Thinking of Ending Things, Bad Education, The Matrix Resurrections, Annette, The Last Duel, Air, Ferrari, Past Lives, Trap, Civil War, Rap World, Wallace and Gromit: Vengeance Most Fowl Two films we love that we also understand you are upset are not on this list, but please understand the amount of films viewed for consideration here: Top Gun Maverick, Barbie Some NFSW language to follow. 25. Tár What's striking about Tár after all these years is how clear-eyed is in such a compellingly complicated portrait of a great artist who might also be a terrible person. The film takes such a comfortable moral footing in Lydia Tár's journey that the generational rigors of Cate Blanchett's brilliant performance ignite even brighter sparks. You never doubt for a second how this film feels about its central character, but you still can't help but dive into your own personal dissection into who this woman is and why she does what she does. Todd Field painted the most compelling singular portrait of the decade in Tár, a fictional character who felt so, so upsettingly real. 24. Aftersun Charlotte Wells made Aftersun a searing collective memory that transported off the screen into your subconscious, pulling out all those fragmented pains of your youth and reconfiguring them into striking revelations you can only find once you're older, wiser and so much more like those you remember. Wells' film so carefully pieces together the film's vacation vignettes into a story so unassumingly relatable that its final gut punch hits you with the unexpected jolt it hits its reminiscing main character. It's trite to say a film is unforgettable, but Aftersun is a film you quite literally can't forget because it was with you all along. 23. Megalopolis One day, the film nerds of tomorrow will reclaim Francis Ford Coppola's bedazzled, bewildering fever dream Megalopolis as a vital work of opulent genius, speaking a language that played much more clearly to the people who would eventually get it. We're going to go ahead and get ahead of the curb and give Coppola his flowers now as opposed to being caught flat-footed down the road. There might not be a film released this decade that has quite as much optimistic imagination as Megalopolis. Coppola hooked up the connector cables to his dreams and brought them to the big screen in full, technicolor wonder. Rendering his hope for the future through old Hollywood grandeur and making his societal warnings with Tim and Eric cringe-disaster, Coppola went so for broke with his passion project that he will probably never get these resources ever again to make another movie. So be it if so; this was a stargazing grand slam from an all-time auteur to celebrate. 22. Killers of the Flower Moon Martin Scorsese's only film of the 2020s was yet another one of his American masterpieces, studying the nation's original sins of racism and greed with the same urgency and precision that marks all his great films. Its ending, one of an artist conceding his film's limitations and mourning a world where this story must even be told in the first place, lingers with you. Combined with the beating heart of Lily Gladstone, the cowardice of Leonardo DiCaprio and the slithering evil of Robert De Niro, Killers of the Flower Moon is cinematic mourning. 21. Avatar: The Way of Water Nobody makes big movies quite like James Cameron, and his second Avatar film felt like a genuine leap forward for the medium in how it transports viewers, quite literally, to another world. The underwater scenes in IMAX 3D filled the theater in a way no film ever has, as you quite literally felt like you were swimming under the sea with all of Pandora's teeming aquatic life. The story was a genuine improvement from the original, and the film's show-stopper of a climax stamped in why Cameron is a Mount Rushmore blockbuster director. 20. Spontaneous Brian Duffield made his directorial debut with 2020's unbelievably prescient Spontaneous, somehow the defining film about living in the cruel ironies and personal devastations of the COVID-19 pandemic. Duffield couldn't have had any idea how revenant his debut was, making it in a world where COVID-19 didn't even register a single infection. However, as it stands, no film quite captured the uncertainties and terrors of the invisible virus that shut our world down. Even past that, Duffield's film is a rallying cry for a defiant generation that is sick and tired of watching the vicious cycle without any answers. It's an essential high school film. 19. Challengers Luca Guadagnino revived the modern sports movie with Challengers, a bracing love triangle set against the enthralling balance of tennis. It's hard to really describe what a titanic force this film is when you get Trent Reznor and Atticus Ross' strobe-light score pulsing through your veins and see Guadagnino tossing about Zendaya, Mike Faist and Josh O'Connell in the winds of fierce, unforgiving competition. Seeing this in a loud theater, basking in the electricity of the final act and watching everyone quite literally crash into each other with reckless abandon ... it's why we love the movies, folks. (More here) 18. Nickel Boys "Cinema as immersion" has never been as palpable as it is in Nickel Boys, which really might be the singular filmmaking achievement of the decade so far. RaMell Ross' instant classic adapts Colson Whitehead's novel with innovation, putting viewers right behind the camera by taking a first-person view through the entire film between its two main characters. We see what they see as if it's happening right in front of us. The way Nickel Boys is made makes it impossible not to feel the warmth of childhood and shudder at the the terror of oppression. You're right there because that's how Ross intends his film to play. There is no screen; merely a window. This film is impossible to shake because of how it completely transports you. You leave this film feeling as if you've been given the memories of others, as if the ghosts in the empathy machine of cinema need you to remember them forever. That's filmmaking in the highest order. (More here) 17. I Saw the TV Glow The 2020s gave us Jane Shoenbrun, perhaps the biggest auteur to make their debut in this decade. Their stirring debut We're All Going to the World's Fair broke down loneliness and anxiety in the internet age better than any film of its class, and I Saw the TV Glow confirmed that promise with a barnburner of a masterpiece. Inviting you in with the late-night discomfort and allure of 1990s Snick-era young adult television and stunning you with the still-shock of David Lynch, David Cronenberg and Ari Aster, Schoenbrun's triumphant coming-of-age horror fantasy will serve as a life-changer for some and a fierce call for empathy for others. It's a monument of trans cinema and a breathtaking leap for Schoenbrun into auteur status. This film is a major work of the decade so far, and the closer it draws you in to its glow, the more you're likely to avoid the perils that await staying still. (More here) 16. The Fabelmans Great filmmakers got into a rhythm of making their autobiographies through their chosen medium over the last decade, but none of those were as affecting as Steven Spielberg's The Fabelmans. One of Spielberg's best films of the millennium, he turned the camera back onto himself with this domestic drama and grappled with some piercing truths about his upbringing, his love for film and how they ultimately intersected. Introspection via filmmaking is nothing new, but for it to come from Spielberg in this exact way felt particularly powerful. 15. The Brutalist Brady Corbet's searing epic about art and assimilation has garnered a lot of attention for its size. It's about three-and-a-half hours with an intermission. The imagery is grand and unforgettable, particularly on an IMAX screen. The ideas are vast, about the toll of immigration in a land that may not welcome you, about the never-ending battle between creation and commerce. The performances are big and expressive, none more so than Adrien Brody's spellbinding breath of life into László Tóth. However, it's in the small details where Corbet solidifies his masterpiece. (More here) 14. Dick Johnson is Dead Few films have made you feel quite alive this decade as documentarian Kirsten Johnson's euphoric act of coping with her father's dementia diagnosis. Making a film about death so life-affirming deserved a lot of credit, but Johnson went past even that by traversing the path to the heart and to life's grandest truths through such wacky creativity and endearing gallows humor. Watching Dick Johnson "die" so many times and he and his daughter embrace his death makes you want to live and love even harder than you already do. 13. Beau is Afraid Ari Aster's epic breakdown of arrested development and paranoia is easily his best film yet, one of the towering works of the decade and yet another showcase for why Joaquin Phoenix can literally do anything. Beau is Afraid is as obtuse an odyssey as you're likely to go on anytime soon, one that unpacks the painful truths about our relationships to the ways we were raised and how they might set us up to run screaming away from whatever on Earth is trying to chase us. While you have to wait until the third act to meet Patti LuPone's sneering matriarch, the entire journey is absolutely unforgettable and, perhaps, so close to home you feel like you're actually there. (More here) 12. Dune: Part Two Denis Villeneuve knew he had to go as big and bold as possible to widen the spectacle and stakes of his adaptation for the second part, but he someone managed to both outdo himself and deliver one of the definitive tentpole experiences of the decade so far with Dune: Part Two. It's a vital experience in a theater and a rigorous moral maze for the mind, one that interrogates power and freedom in the vacuum of the messiah complex. It's also got giant sandworm battles and blistering combats that rival the sheer scope and cosmic shock of Peter Jackson's Lord of the Rings movies. (More here) 11. Oppenheimer Oppenheimer is a tricky film, one that recognizes its titular scientist's brilliance while openly deliberating on its immeasurable horror. Once that genie got out of the bottle, we couldn't put it back in. Christopher Nolan's Best Picture winning-film film might end on an increasingly pessimistic note to some, but it feels like an earnest plea for change, one that we can obtain if we actually try. It's the most urgent film of Nolan's career and easily one of his best. It's an all-timer in every sense of the phrase, and it really is one of the defining theatrical experiences of the 2020s so far. (More here) 10. Titane Julia Ducournau's unhinged masterpiece delivered a devastating study of how right the concept of "nature versus nurture" really is. Sure, a film about a serial killer who is attracted to cars pretending to be the missing child of a steroid-pumping firefighter might sound a little wacky, even for the most extreme corners of experimental French cinema. However, Ducournau contorts such a seemingly tasteless story into something that affects you in the grand and minutia. Titane is a tidal wave of love and grace disguised in shock and horror, a fierce testament to just how disarming it is to have even a slight ounce of genuine care and affection in your life from somebody who finds worth in you. Ducournau couples her flamethrower filmmaking talents with two generational performances from Agathe Rousselle and Vincent Lindon, giving the audience something absolutely unforgettable. Even the most twisted wayfaring strangers can change with some TLC. 9. The Holdovers The radiant, barbed warmth of The Holdovers will wear you down until you finally scoot over and let it sit right by you by the fireplace. The Holdovers is one of those once-in-a-lifetime movies, one where everything works so perfectly in unison with the cast, script, direction, setting, sentiments and aura to create a film that literally transports you to a distant holiday in your own head. The Holdovers isn't an easy film to watch around Christmastime, bittersweet in its resolution and unforgiving in its practicalities. However, it is a vital one in trying to understand ourselves in the most unusual of moments during the most sensitive time of year, those moments where we need those people we'll never forget and never would've considered if not for the season at hand. It's a perfect holiday film, one that would melt even unchanged Scrooge's heart. (More here) 8. Bo Burnham: Inside To live in the aftermath of the pandemic meant to grapple with the lingering anxieties of the age. No film did a better job of capturing the brain freeze of the COVID-19 pandemic like Bo Burnham's showstopper of an experimental standup special. Burnham mixed his penchant for comedy songs with the uneasy, ironic dread that suffocated 2020, pouring his audience a warm cider spliced with absinthe. The film plays like that lingering feeling of uncertainty you feel when you wake up from an afternoon nap right when the sun is going down, culminating in two of his finest moments as a performer: "That Funny Feeling" and "All Eyes On Me." The first perfectly encapsulates that pit in your stomach of trying to live during such unprecedented times, while the latter is a masterclass in marrying his unique storytelling ability with the confinement of the project. All eyes were on Burnham during this heart-open house concert, and he owned the moment for all time. 7. Babylon Damien Chazelle went buckwild for his acidic silent Hollywood elegy, a rip-roaring, debauched frat party of dizzying Tinseltown splendor and ruin. It's almost the anti-La La Land, a pitch-perfect flipped side of the coin of what it's like to make your way in an industry that will chew you up and spit you out all while you have the best and worst time of your life. To Chazelle, you have to be positively insane to give your life over to such a radioactive tire fire as the show business, but the eternal sparks from the flames will keep you alive long after you're gone. Anchored in Margot Robbie's finest moment as an actor, Chazelle's shirt-ripping bacchanal gives as much of a hooray as a horrified holler for the movies, cementing their on-screen glory and ghastly underbelly in equal measure. Only could humans make something so wonderful out of such ribald chaos. In an era where there is such worry about the future of movies, Babylon proves that they're just too powerful to die. 6. Red Rocket Simon Rex's Mikey returns to his small Texas town as a sordid Pied Piper, weaving tales of his adult film exploits to any listening ear all while concocting cons to stay afloat with promises of a better life he has no intentions of filling. Move over, Wicked, Sean Baker's Red Rocket is the real Wizard of Oz prequel we need. No American film has captured the Trumpian rot better than Red Rocket, with Rex delivering the decade's best performance so far in a character that perfectly encapsulates how deranged charm can make people bend over backwards for even the most derelict of actors. Weaving in the *NSYNC seminal pop stunner "Bye Bye Bye" as a nefarious bookend to Mikey's hometown gambit, Baker doesn't even need to say you know who's name to deliver the most damning portrait of his political rise and continued stranglehold over the citizenry. 5. Small Axe We're going to cheat a little here, as Steve McQueen's five-part Small Axe still feels like a gut punch in five parts, all interlocked together to create maximum impact. The astounding anthology film series takes five different looks at West Indian immigrants trying to make their way in London during the 1960s, 1970s and 1980s. One part, Mangrove, is a gripping courtroom drama based in racial injustice, while another, Lovers Rock, is an intoxicating house party buoyed by Shabier Kirchner's floating camerawork on the dance floor. McQueen's central thesis flows effortlessly between all five parts, as he varies his approach for the dreamlike Lovers Rock to the brutal realities of the John Boyega police study Red, White and Blue. All five parts make for a sensational whole, as McQueen's Small Axe hit with elegiac force in 2020 and sticks with us to this day. 4. On the Count of Three Jerrod Carmichael's directorial debut features two wayward souls planning to off each other after whatever would quality as the perfect last day on Earth. It's a deliriously unsettling template for any film to follow, and one that would be so, so, so, so easy to fumble without the most careful of approaches. The fact that Carmichael takes such disparate depression and literally cruel irony and morphs it into something so life-affirming cements him as one of the most promising filmmakers of his generation. On the Count of Three mines its jaw drop of a premise for some humdinger happenings and shocking pathos, as Carmichael and co-star Christopher Abbott make for the perfect odd couple to go about this ordeal together. It's as piercing a commentary on how society treats the mentally ill as we've gotten in some time, and Carmichael's filmmaking style feels like a brilliant splice between small-scale Robert Altman and early David Gordon Green. There is no possible way to remove On the Count of Three from your mind, nor do you ever want to forget what it was like to live this fateful day with these two confused souls. It's so far the independent filmmaking thrill of the 2020s. 3. Sinners Filmmaker Ryan Coogler has been building to this film for his entire career, as Sinners as the kind of rollicking jolt to the senses that makes you feel positively alive. It's hard to overstate just how important a film like this is, a wholly original film in love with its genre flourishes and reaching for the highest peaks in the craft. Only five films in, Coogler has already asserted himself as a generational talent, one of the anointed filmmakers in his class who can call himself a household name. After putting in his time with all-time franchise work, he finally made his magnum opus. This is the first original blockbuster since Nope that has a chance to reach the zeitgeist, and that's beyond worth celebrating. Also, that IMAX 70mm presentation is to bite for. (More here) 2. Tenet We really did live in a twilight world when Tenet hit theaters in the heat of the COVID-19 pandemic, as Christopher Nolan finally made his true homage to James Bond and Michael Mann's Miami Vice in one fell swoop. Tenet unfortunately came out in a year where repeat viewings for such a tangled web as what Nolans weaves were felt unwise. However, in the nearly five years since Tenet's release, it's clear that the best way to enjoy this film is to just let go and let the immaculate vibes wash over you. As wonderful and important as Oppenheimer was, Tenet was Nolan's best film this decade. That Nolan has two films in this top 20 cements what a special place he's in as a filmmaker right now, where it feels like every new project could hit masterpiece status as these two clearly have. Tenet is the true culmination of his impeccable talents crashing against his dreamworld logic, as it plays with the breathless thrill of stepping onto a new planet for the first time. You still might not fully grasp the concept of inversion, but you feel Tenet in your bones by film's end. 1. Nope Jordan Peele has as much of a pulse on the world we live in as any filmmaker working right now, and nobody in recent memory has taken their first-film clout and ran with it into such wildly original directions as he has. As hard as it is to compare to Get Out, one of the few films released in the last 10 years that automatically earns a spot in one of those "great movies of all time" montages people edit together for awards shows, Nope might be an even better movie. His scorching parable of the sensationalism era takes a clenched fist to our unhealthy obsession with tragedy-as-entertainment and our desire to turn real-world consequence into our personal blockbusters. It's a sci-fi Western horror drenched in 2020s urgency, and Peele's filmmaking is of the highest order. You'll never look at a cloud the same way again, that's for sure... all for the better, we say.
The Irish Sun
3 days ago
- Business
- The Irish Sun
Major warning to billions of WhatsApp users over worrying ‘cloning' tool that tricks victims into handing over £1,000s
AN URGENT warning has gone out to WhatsApp users after news broke of a scam which could cost users thousands of pounds. The sinister scheme sees hackers 1 Millions of WhatsApp users have been warned about a chilling scam Credit: Getty The Investment Association found that there was a 57 per cent surge in cloning scams during the second half of 2024. Often, the scam begins with users being added to fake Scammers make sure the group looks as though it was created by a reputable investment company, before inviting users to transfer their money. By pretending to invest your money, the scammers can then Read More on WhatsApp According to experts, one in four of the attempts proved successful. In total, nearly 500 'cloning' attempts were recorded by the Investment Association alone. A staggering £2.7 million has been lost through the scam. Adrian Hood, a financial crime expert said: "The growth of AI is likely to see increasingly sophisticated scams, with criminals better able to mimic legitimate firms." Most read in Tech Chilling vid outlines the dangers posed by sex extortion In 2024, £1.7 million was recovered from scammers out of a total loss of £5.4 million through fraud. The news come after Google issued According to the Federal Trade Commission, Google's reported fraud losses jumped to $12.5 billion in 2024. In response, the tech company said: "Scammers are more effective and act without fear of punishment when people are uninformed about fraud and scam tactics." Using AI technology, scammers can impersonate representatives from prominent companies. Victims with valuable online assets, including crypto wallets, and social media influencers are also being increasingly targeted. How to keep yourself safe from hackers and scammers FOLLOW these steps to protect yourself from hackers in the future: Make a 'strong' password with 8 or more characters and a combination of upper case characters, numbers and symbols Don't do online banking on public WiFi, unless absolutely necessary Don't click on dodgy email links claiming to be from banks Use different passwords for different sites Never re-use your main email password Use anti-virus software Don't accept Facebook friend requests or LinkedIn invitations from people you don't know Think before you put personal info on social media Find My iPhone, Android Lost and BlackBerry Protect all allow you to remotely wipe a stolen phone. Set this feature up Only shop online on secure sites Don't store your card details on websites Password protect your phone and other devices
Globe and Mail
4 days ago
- Business
- Globe and Mail
Former smartphone titan BlackBerry is back, with a new CEO and autonomous driving tech at the wheel
As a kid, John Giamatteo had a single dream: to one day lead an NFL team to the Super Bowl, just like his underdog-turned-icon hero, Joe Namath. But by his sophomore year of high school, he knew it wasn't going to happen. He'd virtually stopped growing, ending up at 5-foot-9, and his coach dropped him from quarterback to defence. That's when his dad—a one-time phone repairman-turned-manager—gave his crestfallen son a pep talk. 'He pulled a pen out of his pocket and said, 'You're going to make a career with this pen. You're going to get an education, and you're going to have a professional career. That's going to be your journey,'' Giamatteo recalls more than 40 years later. That journey led him to begin his career at Nortel Networks in the 1980s. Now the native of Long Island, N.Y., has the first quarterback gig of his career, leading another notorious Canadian tech company: BlackBerry Ltd. Before we go any further, yes, BlackBerry is still a thing. If you haven't been paying attention (and you're not alone), the company that popularized the smartphone and built Waterloo, Ont., into a tech hub, gave up on handsets in 2016, and went all in on software and services. Through its QNX subsidiary, it's now a leading supplier to automakers of the sophisticated operating systems that underpin autonomous and advanced driver-assistance functions. If your car stops you from veering into oncoming traffic, you probably have BlackBerry to thank. It also sells secure communications software to governments, and critical infrastructure providers like ports and nuclear power plants. That's not to say the company formerly known as Research In Motion was in particularly good shape when Giamatteo became CEO in December 2023. Under his predecessor, John Chen—hired in November 2013 to be its saviour—revenue growth was tepid, and the company was bleeding cash. BlackBerry was a jumble of businesses, and the board was considering a spinout of QNX to revive the stock, which was languishing at under $4, about where it had been 20 years earlier. (All currency in U.S. dollars.) A year and a half later, BlackBerry is on its most stable footing since the iPhone and Android blew up its business in the late 2000s. Giamatteo and his team have slashed $150 million in annual costs, refinanced its debt, cut the headcount by 37%, shed more than a quarter of its real estate space and sold its once-promising cybersecurity business, Cylance, for a huge discount. BlackBerry has also narrowed its net loss to near break-even—though the bigger story is that adjusted operating earnings have soared, and it's generating cash again. The stock jumped in December on the Cylance news and soared above $6 early this year, though it's since given up its gains thanks to the economic uncertainty unleashed by Donald Trump. But company followers are happy with the rebirth in motion. 'The tough decisions that needed to be made have been made,' says Niall O'Keeffe, co-founder of Fifthdelta, a U.K. hedge fund manager that bought into BlackBerry in 2021. Giamatteo, he says, has put BlackBerry 'back on offence, where it's generating cash and can actually invest in the fast-growing areas.' Even EdgePoint Wealth Management—which invested in BlackBerry between 2008 and 2012, and later called that a mistake—has bought back in, amassing 12.2 million shares. With revenue of $535 million in its last fiscal year, the company now has greater control over its destiny than at its 2011 peak, when that topline number was $19.9 billion. It 'has completely turned the corner,' says BlackBerry's chair, Dick Lynch, who oversees a board that has largely turned over in the past couple of years. 'We know the businesses we're in, we know how to optimize those businesses, and we know what we need to do to grow them.' Giamatteo, Lynch adds, 'has been a very positive, transformative event.' But investors expect more. 'It's always going to be, 'What will you do next year?'' Giamatteo says. One part of that answer is: Deliver solid revenue growth at QNX. But it also means confronting a decision in the not-too-distant future that could cut much of BlackBerry's ties to Waterloo. 'Anything is on the table if it makes sense for shareholders.' Giamatteo is nothing like BlackBerry CEOs past. He's not mercurial and sharkish like Jim Balsillie or a technologically consumed genius like Mike Lazaridis. He certainly bears no resemblance to the soft-spoken Thorsten Heins, the towering German technocrat who briefly succeeded the company's longtime co-CEOs. And he's a dramatic departure—a welcome one, according to employees—from the aloof and imperious Chen. As CEO, Chen had his own car and driver (paid for by BlackBerry), flew by private jet for work (or, if a jet wasn't available, in first class—a stipulation in his contract), and travelled with an entourage that included a security detail and chief of staff. Giamatteo, meanwhile, is perfectly happy to fly coach on cross-country hops (he's based in Dallas but typically visits Canada at least once a quarter). His hotel of choice is distinctly middlebrow, too: Hilton's Homewood Suites or La Quinta. 'He's a kind of Bruce Springsteen of the executive world,' says chief people officer Jennifer Armstrong-Owen, who joined Giamatteo at BlackBerry after working with him at Seattle-based RealNetworks in the 2000s, one of several former co-workers who followed him on his Canadian adventure. 'He's the same person to the bellhop, to the waiter, as he is to a CEO.' With his slicked-back salt-and-pepper hair, fondness for business-casual attire and distinctive accent reminiscent of fellow Long Islander Billy Crystal, Giamatteo comes off as a congenial what-you-see-is-what-you-get everyman (one who says 'holy cow' a lot). He's not the visionary type. 'I'm more of the operational guy who's making the trains run on time,' he says. Chen was no visionary, either, but he was paid like one. When he was hired in 2013, fresh off his turnaround of database software vendor Sybase, Chen received stock awards worth more than $84 million, with a salary of $1 million and a guaranteed annual bonus of $2 million. When his contract was renewed in 2018, he got another $106.3 million worth of stock awards. Giamatteo, meanwhile, is paid $700,000 annually and can earn up to that amount in bonus, though it's not guaranteed. His stock award upon becoming CEO was worth just $6 million. 'I like to think of myself as a pretty simple person,' says Giamatteo, who has three adult daughters with his wife, Stephanie. 'I live a private life. I'm very family oriented. I generally don't get too involved in that kind of media stuff.' Indeed, it took a year to persuade him to sit down with Report on Business magazine for his first media interview as CEO. That might not be due solely to Giamatteo's modesty. In April 2024, four months after his appointment, a former executive sued both Giamatteo and BlackBerry for sexual harassment, discrimination and wrongful termination. By November, a California judge had tossed all complaints against him and many (but not all) claims against BlackBerry. 'I'm very pleased that all of the claims against me were dismissed with prejudice, which is a statement,' he says (this means the claims can't be refiled). 'I know who I am. I know my values that I was brought up with.' By his own account, Giamatteo had an 'extraordinarily happy' childhood in the largely middle-class hamlet of Bellmore, N.Y., on the south shore of Long Island, within walking distance of his extended family. When his two older siblings moved out, they stayed in Bellmore, too. 'It was definitely our family town,' he says. The Giamatteos were staunch Italian Catholics, and every weekend they piled into the station wagon and headed to church, where John was an altar boy. When he wasn't at mass or in school, he was usually outside playing street hockey, baseball and, of course, football. In 1986, during his second year of undergrad at St. John's University, a private Catholic school in Queens, Giamatteo had two life-altering experiences: He spent a term in Europe, which opened his eyes to the world beyond Bellmore; and he applied for a summer internship at Nortel, at his sister-in-law's suggestion. He spent the summer at Nortel's Wall Street office, and after graduating from St. John's, he returned as a financial analyst supporting regional sales teams. For Nortel, those were the glory days. AT&T had been busted up earlier that decade, and all those recently hatched 'Baby Bells' were upgrading their networks with digital switching and transmission technology. Giamatteo gained notice in the early 1990s after he internally championed a team member's suggestion that Nortel aggressively lowball its bid for a big switching contract. By foregoing margins on the deal, Nortel could win higher-margin sales of follow-on offerings once the equipment was installed. The gambit worked, and it influenced how Nortel bid on contracts elsewhere. Giamatteo joined Nortel's leadership development program, rotating through sales, customer support and product roles before landing a coveted international posting in 1999 in Asia, overseeing a sevenfold sales increase in Korea. After the telecom bubble burst in 2001, he was sent to Japan to rationalize the business and return it to profitability—which he did. By his late 30s, Giamatteo was president of Nortel Asia Pacific, with his eye on the CEO suite. It wasn't meant to be at Nortel, however. After an accounting scandal consumed the company, Giamatteo moved to Seattle in 2005, becoming chief operating officer of streaming pioneer RealNetworks, where he lasted five years before his young family got tired of the rain. In 2010, they uprooted for Dallas, where he became COO of an insurance software provider called Solera Global Technology. He was supposed to run the business while the CEO focused on the big picture, but things didn't go according to plan. 'Four months into the job,' he says, 'I realized the CEO didn't really want to let go.' From there, he moved to cybersecurity business AVG Technologies, again as COO, to help take it public. 'We needed someone who had the maturity, could build the systems to take things we were doing and grow it,' says Dale Fuller, then AVG's chair. 'John was an integral part of that. He had the natural skills to be a leader.' AVG went public, but the board passed over Giamatteo in favour of a higher-profile outsider as CEO. Disappointed, he hit the road again, landing in 2013 at cybersecurity giant McAfee as president and chief revenue officer of its consumer business. Private equity firm TPG bought control of McAfee in 2017 and signed senior leaders to three-year contracts. When those were up, Giamatteo was packaged out. At 53, he was well off, unemployed and unable to work for a rival for a year. As the pandemic took hold, he got fit, golfed and cooked, wondering whether to get back in the game. Then BlackBerry called looking for someone to run its cybersecurity division. Even though it wasn't for the top job, Giamatteo was keen, once his non-compete ended. He figured the CEO post would open up before long, since Chen was in his mid-60s. 'He'd been a bridesmaid for a long time,' says John Dimitropoulos, who worked with Giamatteo at Nortel, RealNetworks and McAfee, and is now BlackBerry's chief strategy officer. 'He said to me, 'I think this is the one.'' By the time Giamatteo joined BlackBerry in 2021, Chen's lustre was long gone. The veteran Silicon Valley turnaround artist had arrived eight years earlier, initially skeptical he could fix the floundering smartphone franchise but lured with that rich stock award. BlackBerry was in full-blown crisis. Its touchscreen phones, based on the new BlackBerry 10 operating system, were a flop. During Chen's first few months, BlackBerry shed thousands of employees, wrote down unsold phone inventory and sold off most of its real estate. That year, BlackBerry posted a $5.9-billion net loss. Chen was loath to let the phone business die on his watch, but after three years of further declines, he gave up. Fortunately, the business remained a significant source of cash. CrackBerry users who clung to their devices kept paying service fees that yielded $3.5 billion during Chen's tenure. And its server software, originally used by organizations to manage their BlackBerrys, and later other mobile devices, remained a viable, albeit declining, business known today as BlackBerry Unified Endpoint Management. Meanwhile, BlackBerry copied other fallen tech stars by shaking down companies it claimed were using its trove of intellectual property, suing if necessary to get them to pay for licences. Those efforts generated another $1.4 billion in revenue over the eight fiscal years ended Feb. 28, 2023. The company even won a $940-million arbitration award from chipmaker Qualcomm in 2017 after overpaying upfront royalties for phone sales that never materialized. While those revenues kept BlackBerry alive, it couldn't remain a corporate fungus feeding off decaying assets forever. Chen believed its traditional strength in cybersecurity was a solid foundation for expansion. In 2014 and 2015, BlackBerry paid a combined $765 million for three companies that today make up the core of its Secure Communications business: secure messaging company Secusmart; AtHoc, maker of a crisis communications platform for government agencies; and Good Technology, a rival device-management business. The stock had a decent run, and in spring 2018, BlackBerry reported its first annual net profit in six years. 'I would not call us in a turnaround mode anymore,' Chen told Bloomberg TV. 'Now we're really delivering.' Lead director Prem Watsa, who'd recruited Chen and was chair of the compensation, nomination and governance committee, negotiated a five-year contract extension for the CEO. Later that year, BlackBerry bought Cylance for $1.4 billion, its biggest acquisition ever. But BlackBerry's results remained choppy, and none of the acquired businesses seemed to blossom. Plus, the senior ranks were in constant flux: A former Boeing and Cisco executive joined as president in 2019 and left that same year. His replacement lasted just 17 months. Cylance founder Stuart McClure got $29 million in restricted equity to stick around after the acquisition because the board deemed his leadership critical. He bolted after just a few months, leaving behind his earn-out. Chen's autocratic, distant management style didn't help. 'He'd remind you in executive meetings that he was the decider,' says one BlackBerry insider. Few employees ever got the chance to meet him, since he worked from an office in San Ramon, Calif. (Chen didn't respond to an interview request.) Meanwhile, Chen's pay package generated unwelcome attention, which picked up after BlackBerry's stock price quadrupled and then retreated over a few days in January 2021. Retail investors, spurred by social media investment mavericks like WallStreetBets, were speculating wildly in shares of faded companies like GameStop, AMC and, yes, BlackBerry. The 'meme stock' moniker embarrassed the company's employees and perplexed regulators. 'No one had ever seen that sort of thing before,' says Lynch. 'It was a disruption to the evidence of what progress we were actually making.' CFO Tim Foote, who led investor relations at the time, had built BlackBerry's credibility with institutional investors, only to see many sell into the rally. 'And then they were all gone,' he says. 'By the time the tide goes out, you were back to square one.' Even worse, the meme-stock surge unlocked three million of Chen's restricted stock units that were meant to vest when they hit certain price thresholds—but from a fundamentals-driven share-price appreciation, not a bogus rally. Chen's windfall automatically triggered the sale of $24.8 million of his stock to cover his tax bill. That wasn't his fault, but the optics were terrible. At BlackBerry's annual meeting in June 2022, goaded by proxy advisers including Glass Lewis & Co., shareholders flunked the company in a non-binding say-on-pay vote. They also nearly voted out Watsa, whose Fairfax Financial is BlackBerry's largest investor. Watsa left the board in February 2024. Chen's final year at BlackBerry was grim. A $600-million sale of its legacy smartphone patents fell through when the buyer couldn't raise the necessary financing, and BlackBerry finally unloaded the portfolio in early 2023 for $200 million plus future royalties. That prolonged sale process suppressed licensing revenue, which diminished cash flow. So did weaker financial performance by its cybersecurity business. Cash and short-term investments dwindled, and BlackBerry faced a deadline to repay $365 million in debentures in late 2023 (which it partly financed by issuing higher-yielding notes after Giamatteo took over). The stock reached its lowest level in 20-plus years, down 40% from when Chen joined. There was little the board could do, however. Chen's contract contained a time bomb. If he was terminated—or even if the board reduced his authority, duties or responsibilities, or made a material change to strategy that he disagreed with—it would force the vesting of a $90-million cash payment. In its weakened state, BlackBerry couldn't afford to ditch him. 'It totally neutralized the board,' says another company insider. 'They were not able to make John do anything he didn't want to do. They were stuck with him' until his contract expired on Nov. 3, 2023. By that time, the board had a good idea who its next CEO would be. It had quietly initiated a process to select someone who understood the business and its complexities, and who would 'be credible in all aspects, to all audiences,' as Lynch puts it. Giamatteo, he says, 'had a following of people who thought he was really good at what he did.' The quarterback from Long Island was finally getting the callup—albeit to what looked like a last-place team. It was mid-October 2024, and analysts were gathered at the New York Stock Exchange for BlackBerry's first investor day of the Giamatteo era. The morning event kicked off with a video that started with one question on a big screen: 'Do you know what the company BlackBerry does today?' What followed were responses from random people on the streets of New York. 'Uhhh, I didn't know they still existed,' one man said. A young woman recoiled in disbelief that BlackBerry was even still alive. Moments later, Giamatteo emerged onstage. 'When people hear the name BlackBerry,' he told the crowd, 'quite often one question comes to mind: 'BlackBerry, are you still around?'' Over the next few hours, he and his team would highlight what they'd been up to over the past 10 months. Breaking the ice with a little humility signalled Giamatteo wasn't afraid to address the company's challenges and faded legacy. Giamatteo's down-to-earth leadership style has already lightened the mood inside BlackBerry. He readily mixes with employees and is 'not this iconic thing you're never going to talk to who stands on a pedestal. He's just in the group—no entourage, no security,' says QNX's COO, John Wall. 'It's a completely different style' than Chen's. Phil Kurtz, BlackBerry's chief legal officer, adds that when Giamatteo holds town halls, he feeds off employees' energy rather than just broadcasting remotely to the masses. 'He wants and accepts very candid feedback,' says Kurtz. 'It's easy to feel appreciated.' BlackBerry has undergone more than a culture shift. Giamatteo has remade how the company operates. And while it hasn't quite regained darling status among investors, hundreds of millions of people still use BlackBerry's products. The company's standout division is QNX, whose sophisticated operating system dominates the so-called software-defined vehicle (SDV) space even more than BlackBerry once did the handset market. Today, roughly one-fifth of cars built each year are software-defined, and QNX is in 90% of them. That's more than 255 million vehicles with QNX on board. And as automakers increasingly shift to building computers on wheels, QNX sits in pole position. When two ex-Citadel hedge fund managers set up Fifthdelta in 2021 to invest in industrial companies in the automotive space, everyone they surveyed talked up SDV. 'And what was consistent across every original equipment manufacturer, every car company, was QNX,' says O'Keeffe. When they started digging, he says, 'we got very excited.' Car makers were abandoning their own software-development efforts and choosing QNX. The product was cheap—automakers pay an average of about $10 per car—so those that chose QNX were unlikely to replace it. Within months, BlackBerry was Fifthdelta's top holding. QNX was founded in 1980, building the nucleus of powerful operating systems. Its tech was embedded in Cisco routers, nuclear power plants, air traffic control systems and credit card authorization systems. By the time BlackBerry bought the Ottawa-based company in 2010 for $200 million (it had been owned since 2004 by car stereo maker Harman International), it was also making digital infotainment systems for upscale cars. That's not what interested Lazaridis, however: He wanted QNX engineers to build BlackBerry's next mobile-device OS. BlackBerry 'couldn't have cared less' about QNX's automotive venture, says Kurtz, who worked on the deal. 'It paid its bills. No one did anything to kill it, but it wasn't given a ton of oxygen.' From 2010 to 2014, says Wall, who led QNX's car software group, 'nobody was paying attention to me.' Well, maybe no one inside BlackBerry. While its handset business disintegrated in Waterloo, Apple set up shop next to the QNX facility in Ottawa and began picking off dozens of its engineers to work on its autonomous electric vehicle project, Titan. The defectors included QNX founder Dan Dodge, a University of Waterloo prodigy who preached that software was the key to modern life. (Apple came after Wall, too, but he says he preferred working with customers to hatching internal projects.) Meanwhile, car makers were adopting Google's Android OS for their infotainment needs, and Wall was concerned his business would disappear, 'just like what happened to BlackBerry.' There was an off-ramp, however: Wall's group saw that it could develop other systems inside increasingly digitized vehicles. The group pivoted hard in the mid-2010s, developing advanced driver-assistance and safety systems, then broadened its offerings so customers could use its platform elsewhere in the car, too. QNX was conceding the infotainment war to conquer a much bigger opportunity. By the 2020s, big automakers were asking it to build a vehicle-wide foundational platform that would underpin the digital cockpit, as well as the instrument clusters, surround-view sensor systems—and even support infotainment applications. The ploy worked. In fiscal 2025 (ended Feb. 28), QNX generated revenue of $236 million, up from $130 million in 2021. The long-term fundamentals remain sound, despite some automaker delays and industry uncertainty due to Trump's tariff war. BlackBerry is also exploring further uses for QNX tech in the medical, industrial and rail sectors. As Giamatteo became CEO in late 2023, BlackBerry abandoned a plan to take QNX public but retain majority control. Investors weren't keen on it, says Giamatteo, and he didn't think it was the solution to creating near-term value. Instead, he zeroed in on BlackBerry's cybersecurity division, where he'd spent two years as president. During that time, Giamatteo overhauled its go-to-market sales and marketing strategy, and consolidated its bloated R&D group. With the entire company under his charge, he established QNX and cyber as two standalone units, and focused on stopping the rapid decline in BlackBerry's cash reserves, in part by eliminating roles in finance, legal, HR and IT. As Giamatteo and his team dug deeper, they isolated the cybersecurity unit's biggest problem: Cylance. It had come to market with anti-virus software driven by artificial intelligence that protected devices from the cloud. Revenues grew robustly, reaching $151 million the first full year BlackBerry owned it. But as people worked remotely in the pandemic, making networked devices more vulnerable to attacks, market demand shifted toward products that provided detection, response and remediation—known as EDR—capabilities. While Cylance tried to stop malware invasions, EDR also fought the problem from inside, like battling a rodent infestation. Big companies embraced EDR, and demand for Cylance from Fortune 500 companies withered. Cylance shifted to serving smaller companies, but sales kept declining. It tried to catch up by building its own EDR offerings but that was expensive, and larger competitors vastly outspent it on marketing. By last October's investor day, Cylance was on track to generate $90 million in revenue and lose more than $50 million that fiscal year. BlackBerry couldn't afford to keep that up, Giamatteo told analysts. Another revelation: Cylance's losses obscured a decent bottom-line performance from the rest of the cyber unit. With Cylance, it was barely breaking even. Without Cylance, it was a cash cow, generating $52.3 million in operating profits last year. The management team decided Cylance was 'probably a better asset outside the company,' says Giamatteo. In late 2024, BlackBerry announced it was selling Cylance to U.S.-based Arctic Wolf Networks, paying $144.6 million, barely 10% of what BlackBerry had shelled out for it. Nonetheless, analysts were pleasantly surprised—it was like found money for an asset they'd deemed worthless. The cyber unit (since rebranded as Secure Communications) now has a narrower customer set of governments and critical infrastructure providers, which has focused its sales and marketing efforts, according to Jean Treadwell, the group's marketing VP, and another recruit who worked with Giamatteo at Nortel and McAfee. But the rest of Secure Communications will probably find itself following Cylance out the door eventually. The unit might now have a better financial profile, but O'Keeffe says it remains a hodgepodge of a business that's far less exciting than its corporate sibling. 'Selling is the outcome we'd like to get to eventually,' says O'Keeffe. It's not hard to see why. QNX has a strong long-term growth story. Secure Communications doesn't, and it's dragging down BlackBerry's valuation. Though the units are roughly the same size, QNX is worth far more. CIBC analyst Todd Coupland values it at seven times estimated fiscal 2027 sales and 30 times forecast operating earnings. He pegs the cyber unit's value at three times 2027 sales and 12 times earnings. That makes QNX worth between $2.25 and $5.01 per share, compared to just $0.39 to $1.95 for Secure Communications. BlackBerry has plenty of options. Secure Communications is profitable, resilient and has great customers in a solid market—the ideal profile for a private equity takeout. BlackBerry could sell it and invest the proceeds in QNX, acquire another company, buy back shares or retire its $200-million debt. Or it could hang on and try to squeeze out some growth—though opportunities are limited. Its best hope is Secusmart, whose SecuSuite secure messaging platform features tight protocols and locked-down features that make it a strong alternative to Signal for sensitive government communications—a fact BlackBerry has promoted around Washington, D.C., in the wake of the Signalgate scandal. Or BlackBerry could wait out the current market volatility and keep banking cash from Secure Communications. 'Those are the big questions getting asked' by the company's leadership, says Dimitropoulos. 'Which of those gives the greatest shareholder value and the best return? And if there's a market slowdown, is cash king—or is cash flow king? Is having a big balance sheet the right thing to do in a downturn, or making a bunch of cash flow so you can fund your business through the downturn that might be ahead?' Of course, selling Secure Communications would greatly shrink BlackBerry's presence in Waterloo, and it's a good bet the remaining company would take a new name (probably QNX). Giamatteo doesn't seem particularly sentimental about the prospect. For now, he says, selling is not part of the plan. 'But if we felt the best outcome for shareholders was to divest the business, I don't think we'd hesitate.' But let's give the guy a minute. He's barely arrived, and he's already done what his predecessors failed to do: stop the bleeding and give BlackBerry options. When your biggest problem is figuring out what to do with your growing pile of cash, that's a good start. Your time is valuable. Have the Top Business Headlines newsletter conveniently delivered to your inbox in the morning or evening. Sign up today.
Associated Press
4 days ago
- Automotive
- Associated Press
QNX Launches QNX Hypervisor 8.0 to Accelerate Embedded Software Development
Powerful embedded virtualization software to scale and consolidate multiple operating systems on a single system-on-chip (SoC) WATERLOO, ON / ACCESS Newswire / May 28, 2025 / QNX, a division of BlackBerry Limited (NYSE:BB)(TSX:BB) today launched the QNX® Hypervisor 8.0, an embedded virtualization solution which aims to streamline and accelerate embedded software development. QNX Hypervisor 8.0 is built on the latest foundational QNX® Software Development Platform (SDP) 8.0, leveraging all the valuable functionality required to build and manage complex embedded software projects. The QNX Hypervisor 8.0 microkernel architecture enables multiple operating systems, including Android™, Linux®, and QNX, to operate on the same system-on-a-chip (SoC). It offers a comprehensive virtualization solution, including virtual memory, CPUs, interrupt controllers, devices and para-virtualized devices to isolate and protect critical systems. 'TechInsights forecasts that in 2030, 90% of the vehicles produced will have at least one domain controller, zonal controller, or high-performance central computing unit,' said Ian Riches, VP of Global Automotive Practice, TechInsights. 'Hypervisors that offer rapid and reliable performance with modular design, such as the QNX Hypervisor 8.0, are thus vital to unlocking the potential of these platforms and making the software-defined vehicle a reality.' 'Software-defined architectures and digital twins are becoming a mainstay for developing next generation automotive and IoT systems,' said John Wall, Chief Operating Officer and Head of Products, Engineering and Services at QNX. 'Adding virtual machine management to the QNX® OS microkernel helps boost reliability and performance, accelerates development efforts and saves time when building mixed criticality applications. QNX Hypervisor 8.0 allows you to scale and deploy these systems efficiently while building complex embedded applications that interact and work together.' Fostering a collaborative and familiar development environment, the new QNX Hypervisor 8.0 combines the direct hardware access and efficiency of a Type 1 Hypervisor with the flexibility and ease of use of a Type 2, focusing on the developer and integrator first. QNX Hypervisor 8.0 includes API references and a virtual device developer's guide, complete with examples of virtual device source code customers can use as models for developing their own virtual devices, including para-virtualized devices designed and built to the VIRTIO standards. The QNX Hypervisor has already been deployed in tens of millions of vehicles. As OEMs move towards software defined vehicles, QNX Hypervisor 8.0 is poised to bring the valuable benefits of QNX SDP 8.0, driving the next generation of automotive technology, delivering enhanced throughput, future-proofing architectures, and unparalleled scalability. QNX powers critical applications across various embedded industries and is trusted as the software foundation by most leading OEMs and Tier 1s worldwide, including BMW, Bosch, Continental, Dongfeng Motor, Geely, Honda, Mercedes-Benz, Toyota, Volkswagen, Volvo, and more. By championing innovation and safety, QNX continues to drive the future of embedded technology, ensuring seamless integration and high performance in mission-critical environments. ENDS About BlackBerry BlackBerry (NYSE: BB; TSX: BB) provides enterprises and governments the intelligent software and services that power the world around us. Based in Waterloo, Ontario, the company's high-performance foundational software enables major automakers and industrial giants alike to unlock transformative applications, drive new revenue streams and launch innovative business models, all without sacrificing safety, security, and reliability. With a deep heritage in Secure Communications, BlackBerry delivers operational resiliency with a comprehensive, highly secure, and extensively certified portfolio for mobile fortification, mission-critical communications, and critical events management. About QNX QNX, a division of BlackBerry Limited (NYSE: BB; TSX: BB), enhances the human experience and amplifies technology-driven industries, providing a trusted foundation for software-defined businesses to thrive. The business leads the way in delivering safe and secure operating systems, hypervisors, middleware, solutions, and development tools, along with support and services delivered by trusted embedded software experts. QNX® technology has been deployed in the world's most critical embedded systems, including more than 255 million vehicles on the road today. QNX® software is trusted across industries including automotive, medical devices, industrial controls, robotics, commercial vehicles, rail, and aerospace and defense. Founded in 1980, QNX is headquartered in Ottawa, Canada. Learn more at ©2025 BlackBerry Limited. Trademarks, including but not limited to BLACKBERRY and EMBLEM Design, QNX and the QNX logo design are the trademarks or registered trademarks of BlackBerry Limited, and the exclusive rights to such trademarks are expressly reserved. All other trademarks are the property of their respective owners. BlackBerry is not responsible for any third-party products or services. Media Contacts: BlackBerry Media Relations +1 (519) 597-7273 [email protected] SOURCE: QNX press release
