Canadian messaging services and business cell phone maker BlackBerry Ltd (NASDAQ:BBRY) announced today that its Executive Chairman of the Board and Chief Executive Officer John S. Chen would be presenting at the annual “Milken Institute Global Conference” slated to be held in California between April 26th and April 29th. The prestigious conference brings thought leaders, prominent business leaders and government executives on to a single platform to discuss solutions to some of the most pressing challenges which the world is facing currently. The conference will be hosted at Beverly Hills.

The 2015 edition of “Milken Institute Global Conference” has managed to sign up nearly 650 personalities who represent the best in the fields of “business, finance, government, public policy, academia, philanthropy, law, science, news media and other humanitarian cause serving organizations” together to brain storm on the acute issues which humanity is grappling with currently.

Mr. Chen came on board to head BlackBerry Ltd (NASDAQ:BBRY) management team at a critical juncture, when the company was going through turbulent times some thought that it might seek bankruptcy protection. He has managed to turn around the prospects of the company over the past year and is working towards making his firm relevant to the fast paced digital age we are living in currently.

The CEO will be attending this year’s “Milken Institute Global Conference” as one of the key participants in a panel discussion titled “Health Care in the Digital Age”. Along with him on the panel would be fellow Chairman and CEO Patrick Soon-Shiong of NantWorks, LLC along with luminaries like Anna Barker and Atul Butte who represent prestigious medical academia like Arizona State University and University of California respectively.

The panel participants who represent the technology and the medical domains will debate the limitless opportunities and equally troublesome pitfalls that are available in offering “health care to humanity” by leveraging technological developments in the field of “Mobile telephony, big data, the Internet of Things and social media.”

4 COMMENTS

  1. Has does a company that is burning maybe $700 million (worse case) a year, having no debt and $3 billion in cash have the need to seek bankruptcy protection. I swear, no one reads financial statements. They just reiterate the mindless blog posts of the stupid.

  2. re: could have sought bankruptcy.

    Its hard to go bankrupt with a mountain of cash in the bank. Have you ever heard of a company go bankrupt with billions in cash reserves? Hard to do wouldnt you say?

  3. Whether they thought about it or not is a different story, but before Chen the company was in turmoil and could have sought bankruptcy…Chen changed things and now BlackBerry is not recovering, it’s winning.

    Note that this happens to many companies, Apple was near bankruptcy to the point that Microsoft gave them about $150 million.

  4. I don’t think BlackBerry was ever “close to seeking bankruptcy protection”. Where did you get this information?

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