53.31 F
New York
December 14, 2019
Home » Computer Hardware (TRBC)

Computer Hardware (TRBC)

Reuters - Business

U.S. Supreme Court skeptical of Intel in retirement fund dispute

Reuters
WASHINGTON (Reuters) – U.S. Supreme Court justices on Wednesday appeared skeptical of Intel Corp’s (INTC.O) bid to avoid a lawsuit accusing it of violating federal law in making employee retirement plan investments that cost beneficiaries hundreds of millions of dollars. FILE PHOTO: Computer chip maker Intel’s logo is shown on...
Reuters - Business

United States asks UK to extradite ex-Autonomy boss Lynch from UK

Reuters
FILE PHOTO: British entrepreneur Mike Lynch leaves the High Court in London, Britain March 25, 2019. REUTERS/Henry Nicholls LONDON (Reuters) – The United States has formally requested the extradition of Michael Lynch, the British tech billionaire who sold his company to Hewlett Packard (HPE.N) (HP) in an ill-fated $11.1 billion...
Reuters - Business

Australia’s Westpac to refund people who bought new shares before money laundering bombshell

Reuters
SYDNEY (Reuters) – Australia’s Westpac Banking Corp (WBC.AX) offered to refund investors who bought new shares weeks before a bombshell lawsuit accusing it of millions of breaches of money laundering laws, a rare step to fend off criticism about its transparency. FILE PHOTO: A pedestrian looks at his phone as...
Reuters - Business

Dell misses revenue estimates on weakness in server business

Reuters
FILE PHOTO: A Dell gaming computer is shown at the E3 2017 Electronic Entertainment Expo in Los Angeles, California, U.S. June 13, 2017. REUTERS/ Mike Blake (Reuters) – Dell Technologies Inc (DELL.N) missed Wall Street estimates for quarterly revenue on Tuesday as its server business wrestled with higher costs and...
Reuters - Business

HP reiterates its rejection of Xerox’s offer to buy the company

Reuters
FILE PHOTO: The company logo for Xerox is displayed on a screen on the floor of the New York Stock Exchange (NYSE) in New York, U.S., March 11, 2019. REUTERS/Brendan McDermid (Reuters) – HP Inc (HPQ.N) reiterated on Sunday its rejection of Xerox Holdings Corp’s (XRX.N) $33.5 billion cash-and-stock offer...
Reuters - Business

Trump considering whether Apple should be exempt from China tariffs

Reuters
FILE PHOTO: U.S. President Donald Trump views Apple products as he tours Apple’s Mac Pro manufacturing plant in Austin, Texas, U.S., November 20, 2019. REUTERS/Tom Brenner AUSTIN, Texas (Reuters) – President Donald Trump said on Wednesday after touring a plant that assembles Apple Inc (AAPL.O) computers that he was considering...
Reuters - Business

HP down 5% after Xerox bid rejection, counter offer hints

Reuters
(Reuters) – Shares of HP Inc (HPQ.N) fell as much as 5% on Monday after the personal computer maker rejected a buyout offer from Xerox Holdings Corp (XRX.N), and indicated it might instead make its own offer to take over the U.S. printer maker. HP stock has gained about 10%...
Reuters - Business

Made in China: Samsung farms out more phones to fend off rivals

Reuters
SEOUL (Reuters) – Samsung’s plan to outsource a fifth of its smartphone production to China next year may help it compete with low-cost rivals such as Huawei and Xiaomi but it’s a strategy fraught with risks, people with familiar with the move said. Samsung Electronic’s Galaxy A90 is seen on...
Reuters - Business

HP says open to exploring bid for Xerox

Reuters
(Reuters) – HP Inc said on Sunday it was open to exploring a bid for U.S. printer maker Xerox Corp after rebuffing a $33.5 billion cash-and-stock acquisition offer from the latter as “significantly” undervaluing the personal computer maker. The company logo for Xerox is displayed on a screen on the...
Reuters - Business

HP rejects Xerox’s $33.5 billion offer to buy the company

Reuters
The company logo for Xerox is displayed on a screen on the floor of the New York Stock Exchange (NYSE) in New York, U.S., March 11, 2019. REUTERS/Brendan McDermid (Reuters) – HP Inc said on Sunday it had rejected an offer from printer maker Xerox Corp to buy the personal...
Reuters - Business

Icahn takes stake in HP, pushes for merger with Xerox: WSJ

Reuters
(Reuters) – Activist investor Carl Icahn has bought a $1.2 billion stake in HP Inc (HPQ.N) and is pushing for the personal computer maker’s merger with printer maker Xerox Corp (XRX.N), arguing that a union could yield big profits for investors, the Wall Street Journal reported on Wednesday. FILE PHOTO:...
Reuters - Business

Explainer: What a roll-back of Trump tariffs on Chinese goods may look like

Reuters
(Reuters) – The latest bargaining chip in U.S.-China negotiations to cool a 16-month-old trade war is whether President Donald Trump would roll back tariffs on hundreds of billions of dollars’ worth of Chinese imports, and how soon. FILE PHOTO: A 100 yuan banknote (R) is placed next to a $100...
Reuters - Business

Xerox in $33 billion bid for HP: sources

Reuters
(Reuters) – U.S. printer maker Xerox Holdings Corp (XRX.N) has made a roughly $33 billion cash-and-stock offer for personal computer maker HP Inc (HPQ.N), a company more than three times its size, people familiar with the matter said on Wednesday. HP confirmed the bid, but declined to disclose the offer...
Reuters - Business

IBM, Bank of America team up to launch financial services-specific cloud

Reuters
(Reuters) – International Business Machines Corp (IBM.N) said on Wednesday that it has built financial services-specific cloud technology in collaboration with Bank of America Corp (BAC.N), which will be the first major bank to use the platform. FILE PHOTO: A Bank of America logo is pictured in the Manhattan borough...
Reuters - Business

U.S. Supreme Court rejects Charter appeal of Sprint patent verdict

Reuters
FILE PHOTO: A man walks past a Sprint store in New York City, U.S., April 27, 2018. REUTERS/Brendan McDermid/File Photo WASHINGTON (Reuters) – Charter Communications Inc (CHTR.O) unit Time Warner Cable must pay $140 million in damages for infringing five Sprint Corp (S.N) telecommunications patents after the U.S. Supreme Court...
Reuters - Business

Key dates leading up to the U.S. Pentagon’s cloud-computing award to Microsoft

Reuters
WASHINGTON (Reuters) – Microsoft Corp (MSFT.O) has won the U.S. Pentagon’s $10 billion cloud-computing contract, the Defense Department said on Friday, beating out favorite Amazon.com Inc (AMZN.O). FILE PHOTO: The Microsoft logo is pictured ahead of the Mobile World Congress in Barcelona, Spain February 24, 2019. REUTERS/Sergio Perez/File Photo The...
Reuters - Business

Microsoft: ‘appreciate’ winning JEDI contract – statement

Reuters
FILE PHOTO: The Microsoft logo is pictured ahead of the Mobile World Congress in Barcelona, Spain February 24, 2019. REUTERS/Sergio Perez (Reuters) – Microsoft Corp. (MSFT.O) said in a statement on Saturday that the company appreciates being chosen by the U.S. Defense department (DoD) for the Pentagon’s $10 billion Joint...
Reuters - Business

U.S., China say they are ‘close to finalizing’ part of a Phase One trade deal

Reuters
WASHINGTON (Reuters) – U.S. and Chinese officials are “close to finalizing” some parts of a trade agreement after high-level telephone discussions on Friday, the U.S. Trade Representative’s office and China’s Commerce Ministry said, with talks to continue. FILE PHOTO: U.S. President Donald Trump poses for a photo with China’s President...
Reuters - Business

Microsoft beats Amazon for Pentagon’s $10 billion cloud computing contract

Reuters
WASHINGTON (Reuters) – Microsoft Corp. (MSFT.O) has won the Pentagon’s $10 billion cloud computing contract, the Defense Department said on Friday, beating out favorite Amazon.com Inc (AMZN.O). FILE PHOTO: Visitors stand in front of a display screen at Microsoft’s new Oxford Circus store ahead of its opening in London, Britain...
Reuters - Business

Microsoft wins Pentagon’s $10 billion cloud computing contract

Reuters
FILE PHOTO: Visitors stand in front of a display screen at Microsoft’s new Oxford Circus store ahead of its opening in London, Britain July 9, 2019. REUTERS/Simon Dawson WASHINGTON (Reuters) – Microsoft Corp. (MSFT.O) has won the Pentagon’s $10 billion cloud computing contract, the Defense Department said on Friday, beating...

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Click whichever is suitable. Accept Read More