BlackBerry to split, plans IPO for Internet of Things business

  • 📰 YahooFinanceCA
  • ⏱ Reading Time:
  • 34 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 63%

Ireland News News

Ireland Ireland Latest News,Ireland Ireland Headlines

BlackBerry (BB) announced it will be splitting in two. The company is planning to separate its Internet of Things and cybersecurity businesses. The tech company says it will conduct an initial public offering for its IoT business in the first half of its next fiscal year. Yahoo Finance Live breaks down the announcement. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.

) announced it will be splitting in two. The company is planning to separate its Internet of Things and cybersecurity businesses. The tech company says it will conduct an initial public offering for its IoT business in the first half of its next fiscal year. Yahoo Finance Live breaks down the announcement.

Here are two of the safest stocks you can buy on the TSX today and hold them for the long term. The post Worried About a Market Selloff? 2 Safe TSX Stocks to Buy Today, No Matter What Happens appeared first on The Motley Fool Canada.This Dividend Aristocrat can help you earn worry-free passive income each year. The post Buy 564 Shares of This Top Dividend Stock for $2,000/Year in Passive Income appeared first on The Motley Fool Canada.

Here are some main factors that can trigger a massive rally in this undervalued TSX stock. The post 1 Undervalued TSX Stock That Could Soar Over 80%, According to Bay Street appeared first on The Motley Fool Canada.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 47. in İE
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Ireland Ireland Latest News, Ireland Ireland Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

BlackBerry to split in two, plans IPO for Internet of Things businessBlackBerry joins several companies that have split their units in recent years, favoring a leaner corporate structure to help investors better evaluate their separate businesses.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Live news: BlackBerry to split company, hold IPO for Internet of Things businessThe Financial Post brings you the top business stories as they happen for October 5, 2023. Read on for breaking news you need to know.
Source: financialpost - 🏆 7. / 85 Read more »

BlackBerry to separate cybersecurity and Internet of Things business units - BNN BloombergBlackBerry Ltd. says it will carve its cybersecurity and Internet of Things business units into two independently operated entities.
Source: BNNBloomberg - 🏆 83. / 50 Read more »

BlackBerry to separate cybersecurity and Internet of Things business unitsWATERLOO, ONT. — BlackBerry Ltd. says it will carve its cybersecurity and Internet of Things business units into two independently operated entities. The Waterloo, Ont.
Source: SooToday - 🏆 8. / 85 Read more »

Live news: BlackBerry planning IPO for Internet of Things businessThe latest business news as it happens
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

BlackBerry to split into two public companies in attempt to revive shareholder interestPlans to spin its connected-car software business into a separate public company
Source: globebusiness - 🏆 31. / 66 Read more »