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Technology Stocks : BB: BlackBerry (fka RIMM: Research in Motion)

BB 3.945

+4.8%

Dec 22 3:59 PM EST

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To: kidl who wrote (1364)	6/21/2018 10:16:39 AM
From: kidl	of 1833

Post/FP say BlackBerry CEO cautious on autonomous cars BlackBerry Ltd (C:BB) Shares Issued 537,111,645 Last Close 6/20/2018 $15.85 Thursday June 21 2018 - In the News The Financial Post reports in its Thursday edition that BlackBerry's strength in security, privacy and interconnectivity will enable it to be a major player in the emerging market for self-driving and connected cars -- but it may take a decade for them to become common, BlackBerry boss John Chen told shareholders Wednesday. A Canadian Press dispatch to the Post says that BlackBerry is working with a host of automotive parts makers, semiconductor developers and big-name auto companies, including Ford and Jaguar Land Rover. Mr. Chen said fully autonomous vehicles, guided by wireless networks, will probably remain a rarity for some time because of the complex task of developing the technology but also due to the necessary public policies. BlackBerry QNX launched testing of a self-driving car in October in what was billed as the first on-street test of an autonomous vehicle in Canada after opening an innovation centre in late 2016. The company is involved in discussions about setting safety standards for Canada and the United States and noted that China, Japan and the European Union will also have their own rules. He wants a global set of standards, such as agreement on what voltage electrical grids should have. © 2018 Canjex Publishing Ltd.

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