
Xerox abandons $35 billion hostile HP bid
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.

HP teases new Reverb
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.

HP rejects Xerox's latest bid
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.

US tries to extradite Michael Lynch
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 considers buying HP
Merger possible
Xerox is considering making a cash-and-stock offer for HP which has a market value of about $27 billion.

HP abandons “expensive printer ink” model
Moves to “expensive printer” model instead
The maker of expensive printer ink HP has decided that its model has run out of steam.

HP lays off staff
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.

HP replaces Weisler with Enrique Lores
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".

HP's gaming laptop has a HP's 240Hz display
Claims that the Omen 15 is the first gaming laptop to get it
HP has jacked up the the refresh rate on its latest Omen 15.