NEW YORK— Xerox says Ursula Burns, the first black woman to run a Fortune 500 company, won't be CEO after the company splits in two later this year. Burns, 57, was named CEO of Xerox in 2009. Xerox said Friday that after the split, Burns will become chairman of a newly formed document technology company, which will include its printer and copier business. » Read More
CNBC's Diana Olick reports on Cubii, a company getting employees moving while working.
Feb 12- A printer cartridge reseller infringed the patent rights of Lexmark International Inc when it imported Lexmark's toner products back into the United States after they were first sold abroad, a U.S. appeals court ruled on Friday. Though the case was about laser printer cartridges, the decision by the U.S. Court of Appeals for the Federal Circuit in...
Jan 29- Xerox Corp said it would split into two companies, one holding its legacy hardware operations and the other its business process outsourcing unit. The printer and copier maker will give billionaire activist investor Carl Icahn, who holds an 8.13 percent stake, three seats on the board of the business process outsourcing company. Xerox, whose shares had...
Jan 28- Xerox Corp will split into two companies and give activist investor Carl Icahn three seats on the board of one of the companies, the Wall Street Journal reported. One of the companies will house Xerox's hardware operations and the other its services business, the Journal reported on Thursday, citing people familiar with the matter. Icahn will be given the...
Jan 28- Xerox Corp will split into two companies and give billionaire activist investor Carl Icahn three board seats on one of the companies, the Wall Street journal reported. Xerox will split into one company containing its hardware operations and another housing its services business, the Journal reported, citing sources. The WSJ said Icahn would get the...
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