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 […]

How the Corona Virus Paralyzes Silicon Valley

San Francisco Hardly any other region in the world is as intimately connected to China as Silicon Valley. American companies like Apple or HP have it manufactured in Shenzhen and Guangzhou. Chinese companies like Lenovo, Huawei, Xiaomi or Alibaba maintain large branches in Northern California. And the port of Oakland, right next to San Francisco, […]

These hotels in the mountains are guaranteed to have snow

“Albergo”: In the Hochzillertal directly on the slopes “Albergo” is the name of the newest accommodation in the Hochzillertal ski area in Tyrol, which is not exactly poor in luxury huts. “Albergo”, in German “hostel” – is a real understatement, because the restaurant in the highest mountain station of the ski area at 2400 meters […]

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 […]