Apple fined billions in France

Apple in Paris In France, the US technology giant faces a fine of billions. (Photo: dapd) Paris The French competition authority has opposed Apple imposed a fine of a good EUR 1.1 billion for what they consider to be illegal distribution agreements. Apple had agreed with two wholesalers and thereby brought the market into line, […]

USA extend exemption for trading in Huawei

Huawei The United States extends an exception rule for doing business with the Chinese network supplier. (Photo: AP) Washington The US government has again extended an exception for trading with the Chinese network supplier Huawei by 45 days. The deadline now runs until May 15, the Ministry of Economy announced. The US government blacklisted Huawei […]

HP continues to resist Xerox acquisition

HP headquarters in Palo Alto Management recently said it wanted to talk to Xerox to explore a possible combination in the interests of shareholders. (Photo: AFP) Palo Alto The PC and printer manufacturer HP Inc continues to resist the takeover efforts of the much smaller printer and copier manufacturer Xerox. Xerox’s offer reflects the value […]

Microsoft issues sales warning for PC division

Microsoft The Microsoft logo can be seen on a screen behind a group of people: Because of the corona virus, the software company has issued a sales warning for its “More personal computing” division. (Photo: AP) Redmond The computer giant Microsoft has canceled its previous sales target for the PC division due to the consequences […]

HP boss Enrique Lores is under pressure

San Francisco, Dusseldorf Enrique Lores has only been CEO of HP since November – and possibly the last in the company’s history, which is considered the forefather of all garage start-ups. In front of the garage at 367 Addison Avenue in Palo Alto, where Bill Hewlett and David Packard developed the first electronic measuring devices, […]

HP talks to Xerox about merger after slump in profit

Palo Alto The PC and printer manufacturer HP earned significantly less in the most recent business quarter. In the three months to the end of January, earnings fell 16 percent year-over-year to $ 678 million (€ 625 million), the company said on Monday after the US market closed in Palo Alto, California. Revenue decreased nearly […]