US law firms are investigating concerns whether BlackBerry and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.
BlackBerry Reported Fiscal 2020 Second Quarter Results Tuesday, reporting a net loss of $44 million in the quarter ended Aug. 31, compared to a profit of $43 million a year previous. Total revenue rose about 16% to $244 million.
BlackBerry will report results for the second quarter of fiscal year 2020 at 8 a.m. ET on Tuesday, September 24, 2019. BlackBerry’s share price climbed with the rest of the market over the first few months of the year but the stock has trailed off since, sliding below $10.00 CAD per share.
Apple Card is available in the US starting today. Customers can apply for Apple Card through the Wallet app on iPhone and start using it right away with Apple Pay in stores, in apps and on websites.
The Financial Conduct Authority (FCA) has agreed a plan that gives the payments and e-commerce industry extra time to implement Strong Customer Authentication (SCA).
Monzo has advised almost half a million customers to change their cards pin number after uncovering a potential security flaw. The digital bank said it had incorrectly stored around 480,000 customer pins where they could be accessed by internal engineers.
Huawei's sales revenue rose 23.2 percent year on year to 401.3 billion yuan (about 58.3 billion U.S. dollars) in the first half of 2019, according to the company's semiannual report.
Amazon today announced financial results for its second quarter ended June 30, 2019 with Second Quarter Sales up 20% to $63.4 Billion.
Microsoft today reported earnings for its fourth fiscal quarter of 2019, including revenue of $33.7 billion, net income of $13.2 billion, and earnings per share of $1.71 (compared to revenue of $30.1 billion, net income of $8.9 billion, and earnings per share of $1.14 in Q4 2018). All three of the company’s operating groups saw year-over-year growth.
Microsoft announced Thursday new investments in technologies and programs designed to support its partner ecosystem. The investments are aimed at helping optimise Microsoft’s partner engagement for the cloud era.
France has approved a 3 percent Digital Services Tax (DST) on revenues that large tech companies, particularly those in the digital advertising and e-commerce industries, earn from providing digital services to French customers.
A Dow Jones piece in MarketWatch says that BlackBerry's earnings report puts it at risk of an enforcement action due to a headline touting non-GAAP revenue, followed by four non-GAAP measures.
