Latest news with #Blackberry
NDTV
2 days ago
- Business
- NDTV
Champions League T20 Set To Be Relaunched; ICC Mulls Two-Tier Test Structure
A men's Champions League Twenty20 is set to be reintroduced as early as September next year, following strong support from key member nations at the International Cricket Council's (ICC) annual conference held in Singapore, as per The Sydney Morning Herald. The future of Test cricket is also up for discussion, with talks of introducing a two-division format gaining traction. The ICC has now formalised a working group to rework the global cricket calendar starting from 2027, and a decision regarding Test cricket's structure could be taken before the year ends, according to sources familiar with the closed-door discussions. There is a growing belief that the number of nations playing Test cricket might be capped. Only a handful of countries are able to generate revenue from the traditional format, and several others lack the infrastructure and systems to consistently build strong Test sides. Among those part of the ICC's calendar working group are Cricket Australia CEO Todd Greenberg, England and Wales Cricket Board (ECB) chief Richard Gould, and the ICC's newly-appointed chief executive Sanjog Gupta. The group is expected to present interim findings to the ICC board, headed by Jay Shah, before the end of this year. Gupta, who earlier served as the head of sport at Indian broadcasting giant JioStar, was closely involved in a recent report on cricket's calendar compiled by the global players' body. He has also publicly stated that market demand will ultimately determine the volume of Test and international cricket played in the years to come. "You have to make hard choices," Gupta said on the MCC's World Cricket Connects panel at Lord's in 2023, as quoted from The Sydney Morning Herald. "And there are very clear indicators of what fans want. There is enough data to suggest what direction the game is going in," he added. "If you continue to serve a product that no one wants, one - that product will continue to suffer; and, two - the ecosystem around the product will continue to suffer. Blackberry disappeared at some point. It was a device that all of us had, it was a device that all of us were in the bait of using, then it disappeared, and it was replaced by another product," he noted. The original T20 Champions League, which began in 2008, ran until 2014. It was eventually discontinued after ESPN Star, who had paid a hefty $1 billion for broadcasting rights decided to pull out, having initially missed out on securing the rights to the Indian Premier League (IPL). Back then, the league was partnered by the Board of Control for Cricket in India (BCCI), Cricket Australia, and Cricket South Africa. Interestingly, the broadcast revenue from that deal also helped fund the early years of the Big Bash League, which has since become a major commercial success in Australia. Since those early days, the global T20 landscape has evolved massively. Today, many top players participate in multiple leagues throughout the year, sometimes even four or five different ones which will pose a major challenge for the Champions League's logistics and team selections. Discussions are still ongoing regarding how revenue from the new tournament will be shared. There's also a parallel push for a different T20 tournament circuit, potentially funded by Saudi Arabia. (Except for the headline, this story has not been edited by NDTV staff and is published from a syndicated feed.)
Sydney Morning Herald
2 days ago
- Business
- Sydney Morning Herald
A T20 Champions League is coming, and so is crunch time for Test cricket
A men's Twenty20 Champions League will be relaunched as soon as September next year, after the tournament was backed by key member countries at the International Cricket Council's annual conference in Singapore. Test cricket's future and a possible split into two divisions may also be decided by the end of the year, after the ICC formalised a working group to reshape the game's calendar from 2027 onwards, according to two sources with knowledge of confidential discussions. There is now a distinct possibility that the number of Test playing countries may be capped, on the basis that only a few currently make money from the game's oldest format and that many nations do not have the resources to support the systems required for developing competitive Test teams. Cricket Australia chief executive Todd Greenberg and Richard Gould, CEO of the England and Wales Cricket Board, will be among the eight members of the calendar working group, alongside the ICC's new chief executive Sanjog Gupta. It will be expected to present interim findings and recommendations to the ICC board, chaired by india's Jay Shah, before the end of this year. Loading Gupta, the former head of sport at the Indian broadcast giant JioStar, was involved in the recent report into cricket's calendar by the global players' body. But he has also expressed the view that the market will dictate how much Test and international cricket is played in the future. 'You have to make hard choices,' Gupta said on the MCC's World Cricket Connects panel at Lord's in 2023. 'And there are very clear indicators of what fans want. There is enough data to suggest what direction the game is going in. 'If you continue to serve a product that no one wants, one – that product will continue to suffer; and, two – the ecosystem around the product will continue to suffer. Blackberry disappeared at some point. It was a device that all of us had, it was a device that all of us were in the bait of using, then it disappeared, and it was replaced by another product.'
The Age
2 days ago
- Business
- The Age
A T20 Champions League is coming, and so is crunch time for Test cricket
A men's Twenty20 Champions League will be relaunched as soon as September next year, after the tournament was backed by key member countries at the International Cricket Council's annual conference in Singapore. Test cricket's future and a possible split into two divisions may also be decided by the end of the year, after the ICC formalised a working group to reshape the game's calendar from 2027 onwards, according to two sources with knowledge of confidential discussions. There is now a distinct possibility that the number of Test playing countries may be capped, on the basis that only a few currently make money from the game's oldest format and that many nations do not have the resources to support the systems required for developing competitive Test teams. Cricket Australia chief executive Todd Greenberg and Richard Gould, CEO of the England and Wales Cricket Board, will be among the eight members of the calendar working group, alongside the ICC's new chief executive Sanjog Gupta. It will be expected to present interim findings and recommendations to the ICC board, chaired by india's Jay Shah, before the end of this year. Loading Gupta, the former head of sport at the Indian broadcast giant JioStar, was involved in the recent report into cricket's calendar by the global players' body. But he has also expressed the view that the market will dictate how much Test and international cricket is played in the future. 'You have to make hard choices,' Gupta said on the MCC's World Cricket Connects panel at Lord's in 2023. 'And there are very clear indicators of what fans want. There is enough data to suggest what direction the game is going in. 'If you continue to serve a product that no one wants, one – that product will continue to suffer; and, two – the ecosystem around the product will continue to suffer. Blackberry disappeared at some point. It was a device that all of us had, it was a device that all of us were in the bait of using, then it disappeared, and it was replaced by another product.'
New Indian Express
4 days ago
- Entertainment
- New Indian Express
Exploring the Tamil man's obsession with the question 'Saaptiya?'
Texting has gone from a monthly top-up ritual for 100 text messages to the endless scroll of blue ticks and typing bubbles on the Internet. From the Blackberry era, where BBM was highly coveted, to today's WhatsApp chats, Instagram Direct Messages (DMs), and dating apps' in-app messaging features, texting has become the pulse of staying connected. In India, texting has always carried a certain cultural weight, especially when it comes to flirting. Back in the Nokia 1100 days, where love bloomed over missed calls and thumb stamina (remember pressing 4 three times to type I, 5 three times to type L, and so on?), texting was the safest way to express love without actually saying it. Now the tradition, for Gen Z and Millennials, lives on — with emojis, voice notes, and carefully crafted replies. Yet, one thing hasn't changed for Tamil men sliding into chats. The opener is almost always the same: 'Saaptiya?' (Did you eat?) or the respectful 'saapteengala?' Memes, centering around Tamil men's apparent inability to go past the ritualistic 'saaptiya?' and its follow-up 'enna saapta?', while speaking with their love interests, often flood our social media feeds. Some of them take it a step further, jokingly labelling them 'saaptiyasexuals' for their undying loyalty to this one phrase. Gen Z has even made it their own by adding their slang to it, calling it the 'Saaptiya Rizz'. Rizz, a slang in popular culture, is short for 'charisma' and is often used to describe a person's ability to flirt or charm others in romantic contexts.
Yahoo
14-07-2025
- Business
- Yahoo
Why I'm Obsessed With This AI Stock Trading at Fire Sale Prices
Written by Karen Thomas, MSc, CFA at The Motley Fool Canada Artificial intelligence, or AI, is changing the world, improving processes, efficiencies, and performance. Blackberry Inc. (TSX:BB) has been a part of this change for many years, having developed its embedded machine-to-machine connected technology to become an invaluable player in the field. Today, this AI stock is finally gearing up for sustained revenue and earnings growth. Let's take a look. In its most recent transformation, Blackberry has taken steps to improve its balance sheet, cash flows, and cost structure. These steps included splitting the company up into three divisions – QNX, secure communications, and licensing — and selling its Cylance cybersecurity business. The restructuring also included taking more than $150 million out of its cost structure and initiating a share buyback program. Blackberry's business is made up of three main segments, QNX, secure communications, and licensing. The QNX segment is the one that we hear most about and is the primary focus. Blackberry's QNX provides critical software for embedded, machine-to-machine connected systems. It's used in automotive applications, as well as medical devices, industrial controls, and robotics. The secure communications segment specializes in secure communications software for enterprises. Some of Blackberry's secure communications clients include government agencies, financial institutions, and essential service providers. It's true that many investors have grown skeptical with regard to Blackberry. But the list of reasons to like this AI stock is growing. For example, the QNX segment has grown its revenues from $178 million in 2022 to $236 million in 2025 – that's a 33% increase over this time period. And its adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) margin stands at a healthy 25%. Also, Blackberry's QNX is in more than 250 million vehicles worldwide and it's in strong demand. In fact, QNX has more than $865 million in backlog, which will make its way to the income statement over the next few years. Backlog was $460 million in 2022. In the secure communications segment, revenue is stable, with a 19% EBITDA margin and solid cash flows. Along with revenue improvements, Blackberry is also seeing improvements to its balance sheet and cash flows. And this is what takes Blackberry stock to a new level, both in terms of returns and risk. As we can see from the company's latest quarter, Blackberry's cash flows and balance sheet have strengthened considerably. In the most recent quarter, the company's operating cash usage came in at $18 million, which is a low point. Looking to the full year, Blackberry expects operating cash flow of a positive $35 million. This compares to prior years of negative operating cash flow. As for its balance sheet, Blackberry has $410 million in cash, with no debt maturities until 2029. This has given the company flexibility to invest in organic and inorganic growth, and to buy back shares if they present a good opportunity. All of this will drive shareholder value in the short and long term. Two things will likely happen as a result of this. Firstly, Blackberry's stock will trade higher because of the earnings and cash flow lift. Secondly, the stock will likely get re-rated and investors will assign it a higher multiple. This should send the stock higher in the coming months and years. The post Why I'm Obsessed With This AI Stock Trading at Fire Sale Prices appeared first on The Motley Fool Canada. Before you buy stock in BlackBerry, consider this: The Motley Fool Stock Advisor Canada analyst team just identified what they believe are the Top Stocks for 2025 and Beyond for investors to buy now… and BlackBerry wasn't one of them. The Top Stocks that made the cut could potentially produce monster returns in the coming years. Consider MercadoLibre, which we first recommended on January 8, 2014 ... if you invested $1,000 in the 'eBay of Latin America' at the time of our recommendation, you'd have $24,927.94!* Stock Advisor Canada provides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month – one from Canada and one from the U.S. The Stock Advisor Canada service has outperformed the return of S&P/TSX Composite Index by 30 percentage points since 2013*. See the Top Stocks * Returns as of 6/23/25 More reading 10 Stocks Every Canadian Should Own in 2025 [PREMIUM PICKS] Market Volatility Toolkit A Commonsense Cash Back Credit Card We Love Fool contributor Karen Thomas has a position in Blackberry. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. 2025 Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
