Plans kung flued
Copier maker Xerox has given up on its $35 billion hostile cash-and-stock bid for the maker of very expensive printer ink HP and blamed the pesky coronavirus for interfering with its plans.
More VR headsets
HP is teasing a Reverb G2 VR headset developed in tandem with Microsoft and Valve that should be "more immersive, comfortable and compatible" than previous-generation hardware.
Copies it a quick message
The maker of expensive printer ink which is nearly as expensive as race horse semen, HP, has rejected Xerox takeover bid of about $35 billion, saying it undervalued the personal computer maker.
Wants him on wire fraud
The United States has formally requested the extradition of Michael Lynch, the British tech billionaire who sold his data company Autonomy to Hewlett Packard in an ill-fated $11.1 billion deal, to face charges including securities fraud, wire fraud and conspiracy.
Xerox is considering making a cash-and-stock offer for HP which has a market value of about $27 billion.
Moves to “expensive printer” model instead
The maker of expensive printer ink HP has decided that its model has run out of steam.
16 per cent to go
Maker of expensive printer ink HP has announced it is culling 16 percent of its workforce as part of a restructuring plan aimed at cutting costs.
Company reports mixed results
Longtime HP veteran Enrique Lores, who runs the $20 billion printer business, is succeeding Dion Weisler as CEO, effective November 1.
Fire and burns hazards
The US Product and Safety Commission (UPSC) has announced a "battery safety" recall of about 78,500 HP laptops for what the UPSC calls "fire and burn hazards".