BlackBerry shares have soared. The company will start working with Amazon

News

BlackBerry shares have soared. The company will start working with Amazon

04.12.2020 News

Shares of BlackBerry jumped sharply on auction on December 1 after the news of a partnership with Amazon Web Service. TechCrunch writes that together they will develop and sell a service for connected cars – IVY platform.

Stock quotes at the beginning of trading on the New York Stock Exchange (NYSE) rose by 35%. The paper session ended with a 19% increase.

The company’s first cooperation plans were announced in January, when they announced they would start working together on a solution for automotive applications.

The IVY platform reads information from the sensors installed in the cars and creates analytics about the condition of the vehicle and other parameters on the basis of this data. The use of cloud technology allows automakers to provide owners of electric cars with installed IVY such information as road conditions, driving quality or battery condition.

Connected vehicles – vehicles equipped with intelligent systems and services with Internet access. They are able to exchange information with their owner, other vehicles (V2V technology) or road infrastructure (V2X technology).

The development of the IVY platform will facilitate the emergence of new applications and services for connected cars without compromising the security and privacy of data of car owners, said CEO of BlackBerry John Chen.

The former leader in the smartphone market, BlackBerry, caught the attention of Amazon Web Service after focusing on creating technology solutions for business security and data integration.

At the premarket on December 2, BlackBerry shares are up 20% and trading above $ 8.

Other articles

  • Tesla will sell shares for $ 5 billion
    News

    Tesla will sell shares for $ 5 billion

    Electric car maker Tesla has agreed with brokerage companies to sell its shares for a total of $ 5 billion. This was reported by Bloomberg, citing documents submitted to the US Securities and Exchange Commission (SEC). The shares will be sold at the market price. This is the third sale of Tesla shares in 2020. […]

  • BlackBerry shares have soared. The company will start working with Amazon
    News

    BlackBerry shares have soared. The company will start working with Amazon

    Shares of BlackBerry jumped sharply on auction on December 1 after the news of a partnership with Amazon Web Service. Together they will develop and sell a service for connected cars – IVY platform. Stock quotes at the beginning of trading on the New York Stock Exchange (NYSE) rose by 35%. The company’s first plans […]

  • Boeing received the first order for the 737 Max after lifting the ban on flights to the United States
    News

    Boeing received the first order for the 737 Max after lifting the ban on flights to the United States

    Ryanair has made a multibillion-dollar order for a Boeing 737 Max, reports the Financial Times, citing the head of the carrier Michael O’Leary. This is the first agreement with the plane after the investigation of two plane crashes involving it, which in 2018 claimed more than 300 lives. Vertical Research Partners aerospace analyst Rob Stallard […]

  • Airbnb will try to get an estimate of $ 35 billion for an IPO
    News

    Airbnb will try to get an estimate of $ 35 billion for an IPO

    According to Bloomberg, citing documents submitted to the Securities and Exchange Commission (SEC), the short-term rental service Airbnb plans to raise $ 2.6 billion in listing in the US and receive an estimate of $ 35 billion. If the company manages to raise $ 2.6 billion, Airbnb’s placement will be the fourth largest IPO in […]

  • Salesforce announced the purchase of Slack messenger for $ 27.7 billion
    News

    Salesforce announced the purchase of Slack messenger for $ 27.7 billion

    Salesforce is one of the world’s largest players in the cloud computing sector. They will buy Slack Technologies, the owner of Slack’s corporate messenger. The Wall Street Journal reports, Messenger will cost Salesforce $ 27.7 billion, which will be the largest acquisition of the company in its history. The terms of the deal include that […]

  • Boeing shares rose by 6.7% after 737 MAX flight permission
    News

    Boeing shares rose by 6.7% after 737 MAX flight permission

    Before starting flights, Boeing will need to comply with a number of regulatory requirements – retrain pilots and update aircraft software. Boeing shares in the premarket rose by 6.73% to $ 234.16 per share, according to previous trading data. The head of the US Federal Aviation Administration (FAA), Steve Dickson, has signed an order allowing […]

  • Walmart’s net profit for February-October increased by 44%
    News

    Walmart’s net profit for February-October increased by 44%

    The consolidated net profit of the world’s largest retail chain, American Walmart, for the nine months of 2020-2021 fiscal year (February-October 2020) increased by 44% and amounted to $ 15.714 billion, according to a press release. Walmart’s adjusted net income per share for the nine months was $ 5.48 against $ 3.74 in the same […]

Read also

BlackBerry shares have soared. The company will start working with Amazon
News

The court overturned a fine of € 790 million for 14 airlines

14 famous international airlines, such as British Airways, Air France-KLM, Qantas Airways, Air Canada, etc.,  were accused of cartel in the area of ??cargo and had to pay a fine of € 790 million. The European court of general jurisdiction, the second most important court in the EU, in its verdict says that the decision, […]

Next
BlackBerry shares have soared. The company will start working with Amazon
News

AirBaltic will resume flights to Ukraine

Latvian airline AirBaltic will resume flights to Ukraine on December 1 and will start a new flight Vilnius-Kiev to Boryspil airport. The schedule includes departures twice a week on Tuesdays and Saturdays on Airbus A220-300. Flights from Vilnius will depart at 09:00, from Kiev – at 11:15. “Vilnius Airport can be used for transit to […]

Next
BlackBerry shares have soared. The company will start working with Amazon
Analytics

Land Market: Risks and Prospects

On December 12, 2019, Kyiv City State Administration held an International Roundtable on Land Legal Relations organized by the Union of Real Estate Specialists of Ukraine SFNU and the Ukrainian Chapter of FIABCI International Real Estate Federation. Representatives of the Ukrainian real estate market and agrarian sector participated in the event. A teleconference was held […]

Next
BlackBerry shares have soared. The company will start working with Amazon
News

Weekend quarantine: named losses of restaurants

During the first weekend of weekend quarantine, catering establishments lost 27% of turnover. This is as of Monday, November 16, according to the platform Opendatabot, citing data from Poster, a restaurant automation company. It is noted that during the week the turnover of cafes and restaurants fell by 10% compared to the previous week. In […]

Next
BlackBerry shares have soared. The company will start working with Amazon
News

Apple has patented the iPhone with a self-healing screen

Apple has patented the new method with the help of the smartphone will be able to repair damage to the display. Such technology can be implemented in the iPhones of the future generations with the flexible displays. The display will be covered with the layer of the elastomer which has highly elastic properties and viscosity. […]

Next
BlackBerry shares have soared. The company will start working with Amazon
News

IKEA has bought thousands of hectares of forest in the United States to stop deforestation

IKEA’s parent company, Ingka Group, bought 4,500 hectares of forest in Georgia to protect the local ecosystem. Therefore, the holding plans to prevent the felling of trees in the US state. “The forest in the Altamaha River basin, where the rare gopher turtle lives, now belongs to the parent company IKEA,” the statement said. Commenting […]

Next
BlackBerry shares have soared. The company will start working with Amazon
News

The company-owner TikTok was estimated at $ 250 billion

ByteDance’s valuation exceeded $ 250 billion, based on the value of shares in the secondary market, according to Bloomberg. The Chinese company’s share price has risen sharply in recent weeks as investors show more interest in ByteDance’s business, and its founder Zhang Ying is considering an IPO, the agency said. According to the analytical company […]

Next
BlackBerry shares have soared. The company will start working with Amazon
News

The head of Ford is leaving the company

Jim Hackett, president and CEO of Ford Motor Company, intends to resign. This is stated in the statement, published on August 4 on the company’s website. The new head of Ford from October will be Jim Farley, who is now the company’s chief operating officer. As specified in the document, Hackett in the coming months […]

Next
BlackBerry shares have soared. The company will start working with Amazon
News

Ukrainian startups have attracted a record amount of investment

The amount of investment in Ukrainian technology companies amounted to $ 571 million in 2020 Most of the investment in Ukrainian startups came from global companies that see Ukraine as a country for R&D offices. The report notes that out of the total amount of investments in the seed round, Ukrainian startups received $ 42 […]

Next
BlackBerry shares have soared. The company will start working with Amazon
News

Ukraine is preparing an order for An-74 aircraft

This year, the state enterprise Antonov is preparing an order for four An-74 aircraft. Deputy Prime Minister – Minister for Strategic Industries Oleg Urusky, stated this. “In order for our aviation industry to function properly, we must talk about dozens of orders. In addition, this year we are preparing an order for four An-74 aircraft. […]

Next
BlackBerry shares have soared. The company will start working with Amazon
Analytics

Kyiv Real Estate Market: a note for investor

Real estate market is one of the most development in the modern Ukrainian economy. We have mentioned about this topic on the LDaily pages, have analysed the main tendencies and provide the information about judicial aspects of interrelations formation with the builder within our special Construction scram  project to our readers. Today we propose to […]

Next
BlackBerry shares have soared. The company will start working with Amazon
News

Cargill lost in court in the case of the Delta

The Cargill chances to prove the legitimacy of the withdrawal of assets from the Delta Bank in the amount of 2.5 billion USD are reducing. Yesterday, the Supreme Commercial Court partially satisfied the cassation of the liquidator Delta Bank, canceled the previous court decisions on the loan company “Yablunevyi dar” and returned the case in […]

Next
BlackBerry shares have soared. The company will start working with Amazon
News

The transaction between Dow Chemical Company and DuPont will be the largest on the market of mergers and acquisitions in 2015

The agreement between two chemical corporations will make a company with a market value of $ 120 million. According to information of WSJ, two companies began to discuss  the merger in November 2015. Now representatives of the enterprises carry out the last part of the negotiations between the leaders. When companies announced about agreement between […]

Next
BlackBerry shares have soared. The company will start working with Amazon
News

“Auchan” won the court against the AMCU in the case of cartel retailers

The “Auchan” network won a lawsuit against the Antimonopoly Committee of Ukraine in the case of cartel retailers. In April 2015 the Antimonopoly Committee of Ukraine made a decision on the most massive and scandalous case in the food retail market – the cartel of 14 retailers, which, according to the AMC, has led to […]

Next
BlackBerry shares have soared. The company will start working with Amazon
News

Cargill and MV Cargo signed a contract with the Administration of Seaports of Ukraine to build terminal in the Yuzhnyi port

Cargill and MV Cargo  entered into an agreement with the Administration of Seaports of Ukraine on the construction of a grain terminal in the Yuzhnyi  port with a capacity of 5 million tons per year. The signing ceremony took place at the Administration of Seaports of Ukraine (ASU) in  March, 23. The document was signed […]

Next
BlackBerry shares have soared. The company will start working with Amazon
News

Alibaba’s Ant plans Hong Kong IPO, targets valuation over $200 billion

Fintech company Ant Group, a division of the Chinese Internet company Alibaba, plans to hold an initial public offering (IPO) on the Hong Kong Stock Exchange this year. This could become one of the largest IPOs in the world in 2020, according to Reuters citing sources aware of the situation. According to one of the […]

Next
WP2Social Auto Publish Powered By : XYZScripts.com