Blackberry Sells Non-Core Patents for $600 Million

On the 31st day of January 2022, Blackberry announced that it has entered into a patent sale agreement with a consortium of companies under the name Catapult IP Innovations Inc, a Delaware company, pursuant to which BlackBerry has agreed to sell substantially all of its non-core patent assets to Catapult for total consideration of $600 million.

Visa Launches Cloud-based Payment Acceptance Solution

In what can be termed the future of point of sale payment, on 13th January 2021, Visa the launch of Visa Acceptance Cloud (VAC), which will let acquirers, payment service providers, point of sale (POS) manufacturers, and Internet of Things (IoT) players move payment processing software from being embedded in each hardware device to being universally accessible in the cloud.