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    Sweet development

    Texas startup dials up plans to reboot once-popular BlackBerry phone

    John Egan
    Aug 24, 2020 | 2:30 pm
    Blackberry Bold 4G cell phone
    BlackBerry was discontinued in 2016. One Austin company has plans to bring it back.
    Blackberry.com

    A Texas company is dialing up a comeback for the once pervasive BlackBerry.

    OnwardMobility, an Austin startup that produces mobile devices, said August 19 that it had sealed a deal with BlackBerry and FIH Mobile to resurrect the device. In the first half of 2021, Onward Mobility plans to roll out a 5G BlackBerry Android smartphone equipped with an old-school QWERTY keyboard. It’ll be available in North America and Europe. Onward Mobility says it will collaborate on both design and production of the device.

    “With the increasing number of employees working remotely with critical data and applications, coupled with the constant threat of cyberattacks, there is an absolute need for a secure, feature-rich 5G-ready phone that enhances productivity,” OnwardMobility says in a release. “Employees are demanding better workplace technology experiences, and organizations are facing increasingly complex challenges in selecting, deploying, securing, and managing devices to meet expectations and maximize employee productivity.”

    In a YouTube video announcing the deal, OnwardMobility CEO Peter Franklin says 5G-enabled BlackBerry devices will be more than “nice to have” but also will be a “critical need.”

    “Consumers are looking for a more secure choice for their smartphone purchases,” Franklin says, “and they’re ready for a sleek device built around security and productivity from the ground up.”

    TCL Communication said in February that it would stop selling BlackBerry-branded phones effective August 31 because it had lost the rights to keep designing, manufacturing, and selling them. BlackBerry discontinued making phones in 2016. Later that year, TCL picked up the licensing rights for BlackBerry-branded Android smartphones.

    Now, OnwardMobility owns those rights.

    Reporting on the BlackBerry-TCL breakup, Business Insider observed that TCL’s discontinuation of the phones marked the end of an era for a brand that commanded almost one-fifth of the global phone market just a decade ago. “But as it struggled to keep pace with smartphones as the iPhone and Android rose to popularity, BlackBerry slowly faded out of relevance when it came to the global smartphone market,” Business Insider said.

    A BlackBerry history published by Harvard Business School’s Digital Initiative described the brand as “the world’s original smartphone leader.” The original company, founded in 1984, rolled out its first mobile phone in 2000.

    “Over the ensuing decade, the BlackBerry became the device of choice in corporate America due to its enterprise-level security and business functionality. Even after the competitive entry of the iPhone in 2007 and Google’s Android OS in 2008, BlackBerry was certainly not destined for failure,” says the history, noting that the brand dominated the smartphone market through 2010.

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    news/innovation
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    New money

    Texas Stock Exchange rings opening bell on 'Y'all Street'

    John Egan
    Jul 22, 2026 | 9:30 am
    Stock exchange
    Photo by Oren Elbaz on Unsplash
    TXSE was the first national securities exchange to receive SEC approval in decades.

    Two-step aside, New York Stock Exchange and Nasdaq. The Texas Stock Exchange, nicknamed Y’all Street, just kicked off live trading with five stocks for now — and with lots of Lone Star ambition.

    “The Texas Stock Exchange aims to revitalize competition for [stock] issuers, establish the premier venue for listings, and create a world-class trading platform for all market participants,” the exchange says in a fact sheet.

    The exchange — whose Texas-influenced nickname is a nod to New York City’s Wall Street — has collected at least $275 million in investments. The roughly 90 financial backers of TXSE include Bank of America, BlackRock, Charles Schwab, Citadel Securities, Dell Family Office, Fortress, Goldman Sachs, and JPMorgan Chase.

    Representatives of TXSE couldn’t be reached for comment. On its website, the exchange calls itself “the most well-capitalized equities exchange to ever be approved” by the U.S. Securities and Exchange Commission (SEC).

    Not to be outdone, NYSE has launched NYSE Texas, and Nasdaq has expanded its own Texas presence.

    “A homegrown national exchange means more jobs, more investment, and more growth opportunities for businesses and communities across the Lone Star State,” Gabriela von zur Muehlen, senior vice president and chief policy officer at the Texas Association of Business, told The Texas Tribune.

    Bulent Temel, an associate professor of practice in economics at the University of Texas at San Antonio, told Texas Standard that TXSE "is going to boost the credibility of the Texas economy" — a statewide credibility bump that extends well beyond whichever city houses the trading floor.

    Driven in large part by North Texas' financial services sector — home to major players like Charles Schwab, Goldman Sachs, Fidelity, JPMorgan Chase, and Wells Fargo — the exchange adds fuel to Texas' broader case as the Financial Capital of America, as declared by Gov. Greg Abbott.

    Texas’ estimated gross domestic product (GDP), a yardstick for the size of an economy, climbed to a record-setting $2.9 trillion in 2025, making it the state with the second-highest GDP after California. DFW’s estimated GDP in 2023 stood at $744.6 billion, eclipsing the GDP of many countries.

    “The center of gravity for American capitalism is now headquartered in the Boom Belt,” Abbott proclaimed in April, referring to an 11-state region (including Texas) in the South and Southeast that’s seeing tremendous economic and population growth. “The Texas Stock Exchange is the natural extension of that capitalism. It ensures that capital markets will reflect the quadrant that is driving American growth.”

    stock markettexaswall streetmoney
    news/innovation
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