Legendary investor Warren Buffett has again reduced his stake in PC and print giant HP Inc. In April 2022, Buffett’s Berkshire Hathaway became HP’s largest shareholder, acquiring more than 120 million shares, or 11% of the company’s common stock. It began to reduce its stake in September 2023 and by mid-December owned approximately 51 million
Aftermarket components supplier Static Control Components (SCC) has submitted comments to the US Federal Trade Commission (FTC) in support of a petition of consumers’ right to repair. Last November, the US Public Interest Research Group Education Fund and iFixit delivered a petition to the FTC calling for it to initiate a rulemaking on right to
Tech distribution giant TD SYNNEX has named Miriam Murphy as President of its business in Europe. Murphy starts in her new role on 8 April and will be responsible for leading the company’s 7,000-strong European workforce, driving business strategy and operational execution in the region. She will report to TD SYNNEX COO Patrick Zammit –
The joint venture between print OEMs Ricoh and Toshiba Tec will come into effect on 1 July. Last year, the companies agreed to merge their MFP (multifunction printer) manufacturing and development units, adding Toshiba Tec’s European business into the mix in August. Now, Ricoh has confirmed the final details of the JV have been agreed
HP Inc-owned Apogee has appointed its former CFO as its new CEO. James Clark was CFO of the managed workplace services provider when it was acquired by HP in 2018. He moved to a finance role at HP in June 2022 and was most recently Head of Finance in the Hybrid Systems division at the