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BlackBerry IoT Unit Sees Increase in Automotive Demand Amid Fall in Cybersecurity Revenue

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BlackBerry on Tuesday reported that its revenues from cybersecurity services for the second quarter fell 7.5 percent to $111 million (roughly Rs. 900 crore) year-on-year. The company faces tough competition from Microsoft, Citrix, and IBM in the security software segment. Meanwhile, the company’s Internet of things (IoT) unit, which includes the QNX automotive softwar… 

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