Dec. 11, 2023, 8:22 p.m. |

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Subsidiary IPO Canceled in Announcement, Naming John Giamatteo as CEO
BlackBerry reversed plans for an equity carve-out of its internet of things business in a Monday announcement of plans to instead make its cybersecurity and IoT units independently operated entities. The Canadian firm also selected company insider John Giamatteo as its new CEO.

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