BlackBerry Ltd. has announced a deal to work with chipmaker AMD on new robotic systems technology.
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BlackBerry and AMD Collaborate on Robotic Systems TechnologyBlackBerry has announced a partnership with chipmaker AMD to develop new robotic systems technology. The collaboration will combine BlackBerry's software with AMD's computer hardware, enabling sensor fusion, high-performance data processing, real-time control, industrial networking, and reduced latency in robotic applications.
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BlackBerry gains on partnership with AMD for robotics systemsThe collaboration, announced at the Embedded World conference at Nuremberg, Germany, will use BlackBerry's ONX platform. BlackBerry's U.S.-listed shares hit...
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BlackBerry Reports US$56 Million Loss in Latest QuarterBlackBerry Ltd. says it lost US$56 million in its latest quarter, compared with a loss of US$495 million a year ago. The Waterloo, Ont.-based technology company, which reports its earnings in U.S. dollars, says the fourth-quarter loss amounts to 10 cents US per diluted share compared with a loss of 85 cents US per diluted share a year earlier. BlackBerry says its revenue for the quarter ended Feb. 29 was US$173 million compared with US$151 million in the prior year's fourth quarter. Revenue from its internet of things business came in at US$66 million, up from US$53 million in the prior fourth quarter.BlackBerry's cybersecurity revenue totalled US$92 million, up from the US$88 million seen a year earlier. In recent months, BlackBerry has been working to separate its Internet of Things and cybersecurity divisions from one another.
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Halifax Herald Ltd. and SaltWire Receive Creditor Protection ExtensionThe Nova Scotia Supreme Court has extended creditor protection until May 3 for the Halifax Herald Ltd. and SaltWire. The companies will receive additional interim financing to stay viable until May 3. A plan to find a buyer for the media companies is pending approval.
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Service NL inspection led to shutdown at Corner Brook Pulp and Paper Ltd.Explore stories from Atlantic Canada.
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Dye and Durham Ltd. Stock Rises After Refinancing TransactionsDye and Durham Ltd. stock rose 9 per cent after announcing a series of refinancing transactions that will provide greater fiscal flexibility. The company aims to improve its share price and reduce its high indebtedness.
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