[masterful]

http://www.nytimes.com/2016/09/16/us...l?ref=politics
Concern Over Colin Powell�s Hacked Emails Becomes a Fear of Being Next

Similar precautions have been common in Silicon Valley since a 2009 Chinese state cyberattack on servers at Google and other tech companies. In Hollywood, a breach at Sony Pictures in 2014 spilled out gossipy secrets and persuaded film crews, actors and executives alike to adopt security measures they once considered paranoid. Studios have turned to a new class of companies with names like WatchDox that wrap screenplays with encryption, passwords and monitoring systems that can track who has access to confidential files

Posted via my BlackBerry PRIV

alludba and Superfly_FR like this.

[Corbu]

NYT story I posted above worthy of a BB blog entry:
New York Times Highlights BlackBerry?s WatchDox Software as Way to Prevent Colin Powell Hack | Inside BlackBerry

[_dimi_]

This AtHoc competitor, EVBG, just had its IPO yesterday, rising 27%. Interesting analyst article below:

https://ipocandy.com/2016/09/everbridge-ipo-safe-bet/

Supposedly, EVBG is the market leader...? Forecast is that they'll do about 80 mio USD this year with a +30% annual rate. Today it has a market cap of 427 mio USD.

[_dimi_]

Here's the link to the EVBG prospectus:

s3.amazonaws.com/ipo_candy/EVBG_IPO_Prospectus.pdf

[alludba]

Canadian Billionaire Prem Watsa Still Likes Blackberry, IBM

Prem Watsa, popularly known as the Warren Buffett of Canada, is the founder of Fairfax Financial Holdings. Born in India, Watsa graduated with a degree in chemical engineering from the prestigious Indian Institute of Technology. He later completed an MBA at the Richard Ivey School of Business at the University of Western Ontario. Watsa began his career at Confederation Life*and, in 1984, Watsa and his former boss began an investment firm called Hamblin Watsa Investment Counsel. By 1985, Watsa took full charge of the company and renamed it Fairfax Financial Holdings.

Based out of Toronto, Fairfax Financial’s equity portfolio is valued at around*$1.53 billion as of the end of June. The portfolio is heavily invested in the Technology sector, which represents 67% of the total portfolio value at the end of the second quarter. Fairfax had another 14% invested in the Financial sector*and*11% of the portfolio was represented by*Materials stocks. In this article, we will focus on some of Fairfax Financial’s major holdings, including BlackBerry Ltd (NASDAQ:BBRY),*International Business Machines Corp. (NYSE:IBM),*Kennedy-Wilson Holdings Inc (NYSE:KW),*Resolute Forest Products Inc (NYSE:RFP), and*Overstock.com Inc (NASDAQ:OSTK). In addition, we are going to take a look at what is the general hedge fund sentiment towards these stocks.

At Insider Monkey, we track around 740 hedge funds and institutional investors. Through extensive backtests, we have determined that imitating some of the stocks that these investors are collectively bullish on can help retail investors generate double digits of alpha per year. The key is to focus on the small-cap picks of these funds, which are usually less followed by the broader market and allow for larger price inefficiencies (see more details*about our small-cap strategy).



BlackBerry Ltd (NASDAQ:BBRY)*remained Fairfax Financial’s largest holding at the end of the second quarter. Fairfax held around 46.72 million shares of BlackBerry at the end of the quarter, unchanged from the previous one, while the value of the holding amounted to*$313.14 million, accounting for 20.50% of the equity portfolio. In addition,*Fairfax Financial also held 500,000,000 shares of BlackBerry through a Promissory Note valued*at $495.7 million at the end of June. Fairfax Financial first initiated a position in the smartphone maker in the third quarter of 2010. Although Fairfax Financial is extremely bullish on BlackBerry, the stock has fallen by nearly 22% so far this year. Last month, Raymond James released a bullish note on BlackBerry, highlighting the launch of the company’s second Android-powered smartphone, the DTEK50. Raymond James analyst Steven Li described the launch as a positive as there is minimum risk for the company since it is not designing nor making the phone itself. However, Li noted that there is an upside to the launch since it could create a new market for secured Android, something BlackBerry can license to other makers. Raymond James also raised its rating on the stock to ‘Outperform’ from ‘Market Perform’ and boosted the price target to $10.50 from $8.*At the end of the second*quarter, 20 funds we track held $529.87 million worth of BlackBerry shares, down from* 24 funds holding $673.72 million worth of stock a quarter earlier.

International Business Machines Corp. (NYSE:IBM) is another stock that Fairfax Financial has a large position in. According to the fund’s 13F filing, it held 1.36 million*shares of International Business Machines (unchanged over the quarter) worth*$206.80 million at the end of June. International Business Machines accounted for 13.54% of the 13F portfolio value. International Business Machines is seen as a value stock, offering a dividend yield of 3.63%. International Business Machines is scheduled to release its third-quarter results on October 17*and the consensus forecast for earnings is at $3.23 per share, while revenue is estimated at $19 billion. A total of 53 of the funds in our database were long International Business Machines at the end of the second quarter, holding $14 billion in stock in aggregate*of or 9.60% of the total outstanding shares, compared to 53 funds holding $14.16 billion worth of shares at the end of the previous quarter.

Canadian Billionaire Prem Watsa Still Likes Blackberry, IBM - Insider Monkey

[rarsen]

OT weekend reading from the Security file:

Ransomware: What are the legal implications of your business getting hit? | ZDNet
" Business networks may - in theory - are more difficult to penetrate with ransomware-dropping techniques such as phishing, the pay-off can be much larger. The victim organisation can potentially be fined or taken to court if their security setup is deemed to be outright negligent."

Why ransomware is exploding, and how your company can protect itself | ZDNet
With Gartner predicting 6.4 billion connected devices by the end of this year, and upward of 21 billion connected devices by 2020, the risk of a hacker attacking public infrastructure will only get worse with time,

"The way it's going, we don't see any indication that the growth rate is slowing," Canavan said. "Business targets are at a higher premium because they have a bigger resource pool and more capabilities in terms of data -- it's not just photos of your kids, it's patient files in hospitals and financial records in banking organizations," Hospitals are also becoming lucrative prey, in part due to high-profile attacks where healthcare organizations paid thousands to hackers. They also tend to have lots of sensitive material on file and outdated security practices, said Gartner analyst Peter Firstbrook. Broken down by industry, some 38 percent of attacks are in the services field, which includes health care. About 17 percent of attacks are in manufacturing, just over 10 percent are in public administration, and nearly 10 percent are in finance, insurance, and real estate,

Devastating attacks to public infrastructure 'a matter of when' in the US | ZDNet

[alludba]

Short Interest in BlackBerry Ltd. (BBRY) Increases By 5.5%

BlackBerry Ltd. was the recipient of a large increase in short interest in August. As of August 31st, there was short interest totalling 57,177,288 shares, an increase of 5.5% from the August 15th total of 54,172,075 shares. Based on an average daily volume of 3,152,693 shares, the short-interest ratio is presently 18.1 days. Approximately 11.0% of the company�s stock are short sold.

A number of equities analysts have weighed in on the stock. Imperial Capital reissued an �in-line� rating and issued a $7.00 price objective on shares of BlackBerry in a research report on Tuesday, June 28th. MKM Partners reissued a �hold� rating on shares of BlackBerry in a research report on Sunday, June 26th. RBC Capital Markets reissued a �sector perform� rating and issued a $9.00 price objective on shares of BlackBerry in a research report on Wednesday, July 20th. Wells Fargo & Co. reissued a �market perform� rating and issued a $7.62 price objective on shares of BlackBerry in a research report on Monday, June 13th. Finally, Deutsche Bank AG reissued a �hold� rating on shares of BlackBerry in a research report on Monday, June 27th. Three investment analysts have rated the stock with a sell rating, fifteen have given a hold rating and four have assigned a buy rating to the company�s stock. BlackBerry currently has an average rating of �Hold� and an average price target of $7.58.

Institutional investors have recently made changes to their positions in the company. Ladenburg Thalmann Financial Services Inc. raised its position in shares of BlackBerry by 3.0% in the first quarter. Ladenburg Thalmann Financial Services Inc. now owns 67,596 shares of the smartphone producer�s stock worth $545,000 after buying an additional 1,959 shares during the last quarter. A.R.T. Advisors LLC raised its position in shares of BlackBerry by 46.0% in the first quarter. A.R.T. Advisors LLC now owns 441,505 shares of the smartphone producer�s stock worth $3,571,000 after buying an additional 139,200 shares during the last quarter. Renaissance Technologies LLC raised its position in shares of BlackBerry by 11.9% in the first quarter. Renaissance Technologies LLC now owns 14,766,100 shares of the smartphone producer�s stock worth $119,473,000 after buying an additional 1,575,300 shares during the last quarter. Primecap Management Co. CA raised its position in shares of BlackBerry by 1.8% in the first quarter. Primecap Management Co. CA now owns 76,097,907 shares of the smartphone producer�s stock worth $615,632,000 after buying an additional 1,371,800 shares during the last quarter. Finally, OMERS ADMINISTRATION Corp raised its position in shares of BlackBerry by 12.0% in the first quarter. OMERS ADMINISTRATION Corp now owns 74,400 shares of the smartphone producer�s stock worth $602,000 after buying an additional 8,000 shares during the last quarter. Institutional investors own 58.37% of the company�s stock.

BlackBerry opened at 7.21 on Friday. The company has a 50-day moving average of $7.78 and a 200-day moving average of $7.32. The firm�s market cap is $3.77 billion. BlackBerry has a 1-year low of $5.96 and a 1-year high of $9.46.





BlackBerry Company Profile
BlackBerry Limited (BlackBerry) provides mobile communications solutions. The Company is engaged in the sale of smartphones and enterprise software and services. The Company�s products and services include Enterprise Solutions and Services, Devices, BlackBerry Technology Solutions and Messaging. It is engaged in providing enterprise mobility management (EMM) and mobile security, and offers a portfolio of enterprise software solutions and services that can be deployed across a range of ecosystems and devices, including BlackBerry Enterprise Service (BES) 12 and Good Platforms, BES12 Cloud, enterprise file-sync-and-share (EFSS), SecuSUITE for Enterprise, Enhanced subscriber identity module (SIM)-Based Licensing (ESBL), WorkLife by BlackBerry solution and Professional Cybersecurity Services.

Short Interest in BlackBerry Ltd. (BBRY) Increases By 5.5% - BBNS

[morganplus8]

OT: HALO
woah HALO has been on a tear lately! glad I stuck out from low 9's, I have a sell order for $12.30 but im starting to think thats too low, volume is picking up but its getting close to the overbought territory and outside of the bollinger bands...decisions, decision...any input anyone lol, graph guys? cj, M8?

it could be due to the option expiry today also though..

ps. wizard morgan has been correct with the IBB and biotechs taking off again, can't thank you enough for your contribution!

You have quite the problem, take profits now or let them ride .....................

This is a nice problem to have, the IBB Index looks awesome, the stock is at resistance but if it can eke out a close above $ 12.25/shr it looks like it has a buck or two to go from here. I don't know if you are looking to get back in lower, that might not happen. It has to work off being overbought up here, which it can do above $ 11.00/shr. We are moving through September which isn't the best time for the general market but it is hanging in there and biotech stocks working on cancer are doing very well now. I'm not a seller of HALO, I'm keep it and PSDV for two years if need be, I added to my position in SPHS last week when it dipped below $ 2.80/shr and almost bought some ECA back below $ 9.50/shr too!

As for BBRY, holding this one with a minor purchase just before earnings in 8 business days. What is it about the media not being able to publish simple data on this company, now we learned Prem has a whopping 500,000,000 shares! He owns the company. The media makes this sport so complicated, but it isn't.

Let us know what you decide to do with HALO, tomorrow should be a very interesting day for it as I'm sure everyone is thinking about it this weekend. Good luck.

[Corbu]

Chris Hadfield Verified account Cmdr_Hadfield
@daraobriain That's not just a phone - it's a Blackberry! #proudcanadian

sidhuk, rarsen, masterful and 9 others like this.

[Corbu]

OT: Samsung
Samsung Unloads Tech Shares as Galaxy Note 7 Recall Starts to Burn - WSJ

[_dimi_]

EOUL -- Samsung Electronics said Sunday it had sold shares it held in four technology companies including U.S. chip-maker Rambus and Japan's Sharp to free up money and focus on its main business.

The South Korean tech giant also sold shares in Dutch semiconductor equipment maker ASLM and U.S. hard drive-maker Seagate, it said in a statement.

Samsung — the world's top smart-phone maker which also manufactures memory chips, TVs and home appliances — has for years bought shares in other tech firms in semiconductor or display panel industries.

"It was aimed at focusing on our core business by efficiently managing the investments made in the past in line with changes in business environments," Samsung said.

The news of the sales came as the firm is mired in a major recall of its flagship smartphone over a series of battery explosions.

The global recall of the Galaxy Note 7 smartphone raised alarm among air carriers and aviation safety authorities worldwide that banned the device on flights.

Samsung sold off half of a 3-percent stake it held in ASML, and its entire stakes in the other three companies for "efficient management of assets," it said.

It had held a 4.5-percent stake in Rambus, 0.7 percent of Sharp and a 4.2-percent stake in Seagate.

Yonhap news agency estimated the value to be about 1 trillion won (US$890 million), including 600 billion won from the sale of the ASML shares. Samsung and its sister firms have in recent years divested from non-core operations as the parent Samsung Group sought to streamline business amid a generational power transfer in the founding Lee family.

The group's current chairman Lee Kun-Hee has been bedridden since suffering a heart attack in 2014 with his son, J.Y. Lee, widely believed to take over.

The junior Lee, currently the vice chairman of Samsung Electronics, was nominated last week by the firm's board as a new board member.

Link: Samsung sells off shares in technology firms - The China Post

Thanks Corbu!!!

[_dimi_]

https://m.youtube.com/watch?time_con...&v=E1TkDuGFDdc

Ever seen a smartphone 'blow up'?

Posted via CB10

[Corbu]

OT: MOBL... James...

Morgan Stanley

James E Faucette

MobileIron

Strategic Value Less Compelling

We have less conviction on MOBL's strategic value as the market for stand-alone mobile security platforms continues to slow. We lower our PT to reflect lower strategic value along with continued uncertainty over the pace to profitability.

WHAT'S CHANGED?
MobileIron Price Target From $7.00 To $2.75

Lowering valuation assumption as limited market opportunity diminishes strategic value. Per IDC, the EMM market remains fragmented, with MOBL holding 8% market share, behind VMware and BlackBerry/Good at 17% and 14% respectively, while at least four other vendors hold sizable shares (See Exhibit 1). We think MOBL remains most competitive in environments requiring the highest security specifications, only a segment of the EMM TAM. Networks today have built-in traffic encryption, and combined with pervasive device-level encryption, mobile is not an excessively vulnerable threat vector. Outside of heavily regulated industries, dual sources of embedded system security seems to have limited market appetite for third party mobile security platforms, which results in less potential strategic value than we had previously assigned to the company.

Difficult road for independent Enterprise Mobility Management (EMM) vendors. We have long held a cautious outlook on the market for stand-alone mobile security platforms based on high penetration amongst eligible devices, limited spend on high-end content/application management solutions and bundling activity by larger enterprise software vendors. VMW's Airwatch and MSFT's EMS/Intune (both covered by Keith Weiss) are gaining momentum upselling (or at least bundling) their respective install bases, which we view particularly troubling for independent EMM providers attempting to gain share in much of the dollar opportunities in the enterprise. MOBL has made steady progress towards margin and cash flow targets, but given the traction demonstrated by larger software providers, growth and share gain opportunities will likely become increasingly difficult, requiring elevated investments in new product development and limiting profitability.

Remain EW, lowering PT to $2.75 on less strategic conviction. Our old valuation of 2.5x -3.0x revenue was the approximate range of recent software acquisitions, reflecting our previous view on MOBL's strategic potential. Our new $2.75 PT is 1xEV/'17e revenue, which excludes strategic value and is an approximate 50% discount to small-cap software stocks on a revenue growth basis (CY'15 - CY'17e: 9%). We view the discount appropriate because peers at similar growth levels are expecting profitability (i.e. CUDA, BV, JIVE) while peers at similar operating losses (<(10%) OM in 2017) are expecting higher revenue growth (i.e. BOX, RPD, WK). We would become more positive on the stock should management demonstrate a clear path to growing profitability despite challenging market dynamics. Accelerating revenue growth and share gains would favor our new bull case of $6. Our new bear case of $2 represents lack of progress towards profitability goals at current investment levels, and the company could reduce costs to limit investments to its current install base.

[masterful]

How you gave it a $7 and now $2.75?
You got to be kidding..

Posted via CB10 on my BlackBerry Passport

[farmwersteve]

OT: MOBL... James...

I think James should have included his letter of resignation at the end of this.

What an absolute embarrassment.

Posted via CB10

[Corbu]

Korea:
Niche Brands Chase Big Three Smartphone Manufacturers | Be Korea-savvy

BlackBerry will hold a press conference Tuesday in Seoul introducing its first Android smartphone, the PRIV, as well as unveiling the company’s future operations in the Korean market after 41 months of absence.

[_dimi_]

I think MOBL forgot to renew their subscription..

Posted via CB10

[Corbu]

BlackBerry CSO Talks Enterprise Mobility Management | SecurityWeek.Com

Any organization that operates a mobile work policy, whether that's through a Bring Your Own Device (BYOD) or company owned device approach, must consider an enterprise mobility management system. Gartner recently published a Magic Quadrant to help organizations choose which products to consider.

"BlackBerry," said BlackBerry CSO David Kleidermacher in conversation with SecurityWeek, "was named one of the 'leaders'. That's not surprising," he added, "given our acquisition of Good Technology -- the market leader in terms of market share. But there are five other 'leaders' in the Quadrant; and purchasers need to be able to select which to adopt." Here he suggested that buyers turn to an associated Gartner report: Critical Capabilities for High-Security Mobility Management.

This report looks in greater detail at the six 'leaders' and 13 other mobility management products. In a blog post last week, Kleidermacher noted that Gartner "gave BlackBerry the highest score in 6 out of 6 use cases in its 'Critical Capabilities for High-Security Mobility Management' report, which provides vital guidance to help companies select vendors that offer enterprise mobility management (EMM) solutions."

Those six categories are High-Security Government Grade; High-Security Commercial; Shared Data; Shared Devices; Nonemployee; and Bring Your Own (BYO). Other high scoring products include Atos, Samsung, MobileIron, Citrix and IBM -- but none is as consistent as BlackBerry.

The BlackBerry product, named Good Secure EMM Suites, merges the features of BlackBerry Enterprise Server (BES12), Good Collaboration Apps, Good Dynamics and WatchDox Enterprise (also acquired by BlackBerry last year). The result is an EMM product that can be used with BlackBerry PRIV, DTEK50, Android and iOS devices; although not all functionality is available for all platforms. One area currently lacking in the product is anti-malware and app reputation support, although these can be provided via third-party applications.

Gartner's reports are ultimately 'reputation' reports that draw on their own expertise and feedback from thousands of users.

For example, the report comments, "Feedback from highly regulated clients indicates that the PRIV is not considered as a substitute for the protection levels of the BB10 platform."

This is reputation, rather than a low-level technical comparative test; and Kleidermacher believes that a lack of adequate mobile security testing standards has led to a generally low level of user confidence. That's why, he told SecurityWeek, he has launched the new BlackBerry Shield initiative.

"When we talk to our customers," he said, "they are concerned that they don't really know whether all of their defenses can adequately protect them." There's a low level of confidence in the field he said. His response was to acquire a professional services firm to which he has added BlackBerry's own vulnerability testing experts to provide the 'Shield' as a service to customers.

"BlackBerry Shield," he said, "is the check-up," likening it to getting a medical diagnosis from a doctor. "Within a 90 minutes conversation, Shield reviews 100 controls -- technical, administrative and governance -- and provides a confidential written report that scores all of the customer's individual controls." It's not in itself the cure, but helps the customer understand the most urgent problems.

Shield is not a BlackBerry product. It's a free service that is vendor agnostic.

"It's our attempt," said Kleidermacher, "to counter the customers' lack of confidence and help push the market in the right direction." It is also, he said, cross-sector. Since different industries have different risks and even risk levels, each assessment for each control is based on a number of different factors including the risk to the customer's own business. "So someone who does something in a bank might get a red mark, while the same behavior in an SMB might be yellow or green because the risk is different."

[DaSchwantz]

How you gave it a $7 and now $2.75?
You got to be kidding..

Posted via CB10 on my BlackBerry Passport

Cough...lawsuit...cough...

Posted via CB10

[DaSchwantz]

What a Class Act he is...anyone know which model he used?

Posted via CB10

rarsen and Superfly_FR like this.

[Corbu]

Don't know, DaSchwantz, but this might give a clue to a PP:

From:
http://forums.crackberry.com/general...y-iss-1085718/

Plus this:

BB should definitively do some form of marketing with him...

masterful, rarsen, morganplus8 and 3 others like this.

[bbjdog]

What a Class Act he is...anyone know which model he used?

Posted via CB10

If you turn the phone to the left in a 45 degree angle (or turn your head 45 degree to the right), the bottom half of the picture looks like water with icebergs floating and the top half is the sky. Lol

[Corbu]

Follow-up...
What You (And Your Kids) Can Learn From BlackBerry*|*David Finch

[masterful]

Follow-up...
What You (And Your Kids) Can Learn From BlackBerry*|*David Finch

Great work Corbu!

Let's see if any responses from Marty.
Lots of respect for Mr.Beard..

Posted via my BlackBerry PRIV

[dalinxz]

https://finance.yahoo.com/m/841ff2bf...ll-unveil.html

Who thanks this involves BlackBerry's new phone,?

Posted via the CrackBerry App for Android