Latest Computer hardware manufacturing News
Xerox nominates 11 to replace HP board
NEW YORK (AP) — Xerox will nominate 11 people to replace HP's board, a company that it is targeting for a takeover. In November, the computer and printer maker rejected a roughly $33.5 billion buyout offer from Xerox, saying that the deal would undervalue HP. HP said at the time that it remained open to...
IBM, Express rise; Netflix, Baker Hughes fall
NEW YORK (AP) — Stocks that moved heavily or traded substantially on Wednesday: Netflix Inc., down $12.11 at $326. The streaming video company gave investors a weak forecast for subscriber growth. IBM (IBM), up $4.72 at $143.89. The technology and consulting company's fourth-quarter profit and revenue beat...
Pier 1, Chevron fall; Beyond Meat, Microchip Technology rise
NEW YORK (AP) — Stocks that moved substantially or traded heavily on Tuesday: Pier 1 Imports Inc., down 44 cents at $4.73. The home decor company said it would close nearly half its stores as it struggles to draw consumers and compete online. Beyond Meat Inc., up $9.30 at $83.89. Rival Impossible Foods...
CES gadget show: How watching TV will change in the 2020s
NEW YORK (AP) — What will watching TV be like in the 2020s? Amid new gadgets and glitz, the CES tech show in Las Vegas aims to offer some answers, many of which boil down to more streaming and more efforts to glue you to your phone. The show's keynote addresses, once dominated by computer and chip...
Arrest made in connection with fire at Rhode Island plant
PROVIDENCE, R.I. (AP) — A man authorities allege broke into a Rhode Island manufacturing plant, destroyed computers and surveillance cameras, ransacked offices and set fires in several locations was indicted by a federal grand jury on Tuesday. Jacob Lahousse, 20, who has no known address, was indicted on...
Man arrested in $24M scheme to sell bogus laptop batteries
LOS ANGELES (AP) — A Southern California man was arrested Thursday in an alleged $24 million scheme to sell counterfeit laptop batteries from China in the United States, federal prosecutors said. Zoulin Cai, a Chinese national who moved to the Los Angeles area in 2012, faces multiple charges including...
Intel buys Israeli AI chip startup Habana for $2B
SANTA CLARA, Calif. (AP) — Intel is paying $2 billion to buy an Israeli startup that specializes in processing chips for artificial intelligence. The California-based chipmaker said Monday that the purchase will help it speed up computing power and improve efficiency at data centers. The move is part of...
Still on top: Cyber Monday sales on track to hit record
NEW YORK (AP) — Cyber Monday is still holding up as the biggest online shopping day of the year, even though many of the same deals have been available online for weeks and the name harks back to the days of dial-up modems. Shoppers are expected to spend a record $9.4 billion on purchases made on their...
Panasonic leaves semiconductor business with Taiwan sale
TOKYO (AP) — Japanese electronics manufacturer Panasonic Corp. is abandoning the semiconductor business with the sale of its last business in that sector to a Taiwanese company. Panasonic said Thursday it was transferring the semiconductor business operated by Panasonic Semiconductor Solutions Co. to...
AP FACT CHECK: Trump and the Apple plant he didn’t open
WASHINGTON (AP) — President Donald Trump persists in his false story that he opened an Apple manufacturing plant last week. TRUMP, looking back at his Nov. 20 trip to Austin, Texas: "I opened up an Apple computer plant. " — Florida rally Tuesday. THE FACTS: He didn’t do that. He visited an...
LOADING MORE STORIES
