Keyword: xerox
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Xerox has dropped its bid to merge with HP, citing the current global health crisis related to the COVID-19 coronavirus, Xerox said. The news was previously reported by the Wall Street Journal. “The current global health crisis and resulting macroeconomic and market turmoil caused by COVID-19 have created an environment that is not conducive to Xerox continuing to pursue an acquisition of HP Inc,” Xerox said in a statement on Tuesday. Xerox will not nominate candidates to HP’s board, and has withdrawn its offer. “We have a healthy cash position and balance sheet that enable us to navigate unanticipated challenges...
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Larry Tesler, a pioneer of personal computing credited with creating the cut, copy and paste as well as the search and replace functions, has died. He was 74. Tesler was not nearly as well known as computing giants such as Bill Gates or Steve Jobs. But he played an early, central role in making computers accessible to people without computer engineering degrees, i.e. most of us. Xerox, the company for whom he developed the functions, tweeted out news of his death. "Your workday is easier thanks to his revolutionary ideas," the company's tweet said. Cut, copy and paste and search...
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Mr. Starkweather was working as a junior engineer in the offices of the Xerox Corporation in Rochester, N.Y., in 1964 — several years after the company had introduced the photocopier to American office buildings — when he began working on a version that could transmit information between two distant copiers, so that a person could scan a document in one place and send a copy to someone else in another. He decided that this could best be done with the precision of a laser, another recent invention, which can use amplified light to transfer images onto paper. But then he...
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As of this writing, Xerox is attempting a hostile takeover of HP Inc., after HP Inc.’s board reiterated its rejection of Xerox’s offer on Jan. 9, 2020, and has obtained a commitment for the necessary $24 billion loan to complete the deal should HP Inc. accept a Xerox offer. HP Inc. continues to contend Xerox’s valuation of approximately $33 billion is too low, implying it would consider an offer with a higher valuation. HP Inc.’s stock market valuation is almost four times that of Xerox. ACQUISITION REMAINS A POSSIBILITY HP Inc.’s board has signaled its willingness to consider higher offers,...
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Three company giants from completely different industries have made a shocking, yet pleasing, announcement. Coca-Cola, Ford Motor Co. and Xerox stated that they no longer donate to Planned Parenthood. However, PP has been falsely advertising that the companies do still donate, on their website. Once brought to the companies’ attention, they have each asked the abortion business to immediately remove their names from the list of corporate donors. A Coca-Cola representative confirmed to the The Daily Signal that they do not donate to Planned Parenthood as a company, and they also do not match donations given by employees. “We’ll ask...
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ORLANDO, Fla. - One state lawmaker isn’t ruling out the possibility of an investigation, while thousands of customers wait for tolls to start posting to their SunPass accounts.SunPass conducted a major upgrade earlier this month, and since June 1st, many drivers haven’t seen any charges yet. Officials had promised to post those toll charges gradually, so as not to overwhelm the system.This delay is already causing concern for some drivers—like Mark Hammonds, who we caught in between trips that often take him on the turnpike. “You’re at risk of not being reimbursed if you don’t file them timely,†he said. The state...
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LOS ANGELES (FOX 11 / CNS) - The City Council on Wednesday approved a $650,000 payout for a man who successfully fought how the city of Los Angeles processes challenges to parking tickets. Cody Weiss, who sued the city in 2014 after he received a parking ticket, argued that the city unlawfully allows a private for-profit company to process challenges to tickets. A Los Angeles Superior Court judge ruled in his favor last year, and the decision was upheld by the Second District Court of Appeal. City Attorney Mike Feuer petitioned the California Supreme Court to review the appellate decision,...
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Representatives from Coca-Cola, Ford Motor Co. and Xerox say they’ve asked Planned Parenthood to remove their names as corporate donors to the embattled organization. The move follows a Daily Signal report revealing the names of 41 companies that Planned Parenthood listed as donors. That list, which was featured on Planned Parenthood’s website, has since been removed. This latest development comes in the wake of two undercover videos that showed Planned Parenthood executives talking about the sale of fetal body parts. Planned Parenthood is facing both federal and state investigations—and the possibility of losing taxpayer funding. Earlier this week, The Daily...
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In the wake of two videos allegedly showing Planned Parenthood officials discussing the sale of aborted fetal body parts, Republicans in Congress are working to ensure that Planned Parenthood is stripped of its federal funding. However, it’s not only the government that fills Planned Parenthood’s coffers. According to 2nd Vote, a website and app that tracks the flow of money from consumers to political causes, more than 25 percent of Planned Parenthood’s $1.3-billion annual revenue comes from private donations, which includes corporate contributions. 2nd Vote researched the corporations and organizations to find which supported Planned Parenthood and found that more...
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Sanders blasts U.S Corporations for Dodging Taxes BURLINGTON, Vt., April 9 – Sen. Bernie Sanders (I-Vt.), the Senate Budget Committee ranking member, today issued the following statement on new data showing the extent to which some American companies are avoiding taxes: “I applaud Citizens for Tax Justice for releasing new data today revealing the unfairness of our tax system and the fact that a number of the biggest and most-well known corporations in America continue to pay little or nothing in taxes. At a time when we have massive wealth and income inequality, and when corporate profits are soaring, it...
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Time ran out for Linda Rolain. The Las Vegas woman died Monday, less than two weeks after her family went public with details of how enrollment trouble through the Nevada Health Link insurance exchange kept her from getting treatment in January for an aggressive brain tumor. Rolain was one of about 150 Nevadans suing Nevada Health Link contractor Xerox for enrollment mixups that left them without the health insurance they paid for. Rolain is the first to die of complications from an illness that her family said went untreated for lack of coverage. But observers close to her case say...
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Lawrence Basich is on the hook for $400,000 in medical bills that would have been paid by his insurer had his application been processed correctly by Nevada’s Obamacare exchange. In a closely-watched class-action lawsuit now gathering steam, Mr. Basich is one of two named plaintiffs in the suit against the state-run exchange — and the company that built it — that claims thousands of residents paid for health insurance, but never got covered because of technical glitches on the portal. The suit may be the first since the Obamacare rollout that pits actual consumers against both the state and its...
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LANSING, Mich. (AP) — Michigan will withhold money from Xerox Corp. because a technical problem crashed the state's debit card-style food stamps program over the weekend...
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NORWALK, Conn.--(BUSINESS WIRE)-- During a routine test of our back-up systems Saturday morning, Xerox’s Electronic Benefits Transfer (EBT) system experienced a temporary shutdown. While the system is now up and running, beneficiaries in the 17 affected states continue to experience connectivity issues to access their benefits. This disruption impacts EBT beneficiaries who rely on the system for SNAP and WIC. Technical staff is addressing the issue and expect the system to be restored soon.
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The following image is a composite created by scanning the WH LFBC using Xerox WorkCentre 7655 upside down using the automatic feeder. The resulting file was opened in Preview, the image rotated 180 degrees and printed to PDF. The resulting PDF was opened in preview, the layers unlocked and moved to the side. In addition, a close up of the signature was ‘blown up’ to show how the background layer, not surprisingly, has filled in some of the white that resulted from the separation of the background and foreground layers. Note how for example the signature block is fully separated.
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Xerox announced today they will lay off 2,500 workers world wide. This comes as a result of the company taking a $100 million charge to enable restructuring in the fourth quarter. The majority of cuts will be in the service side of the Xerox business, despite a growth in this section for the company. Services now account for more than half of Xerox's revenue. Employment in Rochester is primarily centered on the technology side of the business, or the company's legacy side, Xeroc officials say. No details have been released on the impact of any reductions in the Rochester area.
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Contrary to legend, it wasn't the federal government, and the Internet had nothing to do with maintaining communications during a war. A telling moment in the presidential race came recently when Barack Obama said: "If you've got a business, you didn't build that. Somebody else made that happen." He justified elevating bureaucrats over entrepreneurs by referring to bridges and roads, adding: "The Internet didn't get invented on its own. Government research created the Internet so that all companies could make money off the Internet." It's an urban legend that the government launched the Internet. The myth is that the Pentagon...
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Xerox, whose CEO, Ursula Burns, is advising President Obama on exports, last week told its product engineering employees that it is in outsourcing talks with India-based IT services firm HCL Technologies... Burns was appointed last year as vice chairwoman of the President's Export Council, a panel of CEOs advising the Obama administration on how to increase exports, which would lead to an increase in domestic jobs... Burns is outspoken on the need to improve the pool of math and science graduates in U.S. schools. In a recent video interview on CNN, she warned that if graduation rates in these areas...
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XEROX IS DOING SOMETHING COOL If you go to this web site, http://www.letssaythanks.com/ You can pick out a thank you card and Xerox will print it and it will be sent to a soldier that is currently serving in Iraq. You can't pick out who gets it, but it will go to a member of the armed services. How AMAZING it would be if we could get everyone we know to send one!!! It is FREE and it only takes a second. Wouldn't it be wonderful if the soldiers received a bunch of these? Come on Freepers - Our soldiers...
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The Iranian Web of Influence in the United States By Hassan Daioleslam FrontPageMagazine.com | Wednesday, April 02, 2008 On March 21, 2008, the U.S. Commerce Department’s Bureau of Industry and Security (BIS) announced its decision to penalize three Iranian-connected companies as "they knowingly exported three U.S. origin aircraft to Iran in violation of the Export Administration Regulations (“EAR”) and are preparing to re-export three additional U.S. origin aircraft to Iran in further violation of the EAR."1The principal firm among these is Balli Group PLC based in London. Iranian brothers Vahid and Hassan Alaghband own the company. Balli owns...
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