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Strategies & Market Trends : Dino's Bar & Grill -- Ignore unavailable to you. Want to Upgrade?


To: Goose94 who wrote (30043)5/24/2017 8:19:07 AM
From: Goose94Read Replies (2) | Respond to of 202704
 
BlackBerry (BB-T) shares on Tuesday surged to a four-year high, extending a two-month rally spurred on by expectations for strong growth in the cybersecurity and automotive-software markets.

BlackBerry climbed as much as 9.4 per cent, ending the day up 8.8 per cent at $15.27. Volume was nearly triple the three-month average. The rally followed an announcement Friday by Ford Motor that it planned to start updating software on its vehicles using a wireless system to improve security based on BlackBerry technology.

Ford's Sync 3 interactive system for cars runs on BlackBerry's QNX operating system, which is capable of delivering software updates "over the air." Some investors believe Friday's announcement from Ford is a sign that QNX will be more broadly adopted in the automotive industry as other carmakers start updates using the relatively new over-the-air approach.