Ten 2020 Democratic presidential candidates will take the debate stage Wednesday at the Adrienne Arsht Center for the Performing Arts in Miami.2020 Electionsread more
Something unusual is happening in financial markets, and it could mean more gains lie ahead for stocks, if history is any indication.Marketsread more
Underneath the impressive market rally is a trend that doesn't seem quite right, according to J.P. Morgan.Marketsread more
Virginia Sen. Mark Warner breaks down the idea behind a bipartisan bill he introduced to provide more transparency in Big Tech.Technologyread more
Venezuelan President Nicolas Maduro said security forces had foiled an opposition coup attempt that included plans to assassinate him and other top political figures.World Politicsread more
Credit Suisse initiated coverage of Tesla Wednesday with an "underperform" rating and a price target 15% below where the stock closed.Marketsread more
Tesla is working on new battery cell designs, and a way to make their own cells, with R&D teams in a lab near its car plant in Fremont, California.Technologyread more
These attacks have given the public the opportunity to examine the problems associated with ransomware, where corporations -- not obligated to disclose these attacks -- have...Technologyread more
Online home goods retailer Wayfair sold roughly 1,600 mattresses and 100 bunk beds to Baptist Child and Family Services, a nonprofit that works as a federal contractor...Retailread more
"As a private company we don't have the tools to make the Russian government stop," Facebook CEO Mark Zuckerberg said at the Aspen Ideas Conference on Wednesday. "We can...Technologyread more
Wi-Fi 6 will be the next-generation wireless standard. Along with 5G, it will represent the next big shift in connectivity and data, said Irving Tan, senior vice president and...Shaping the futureread more
The acquisition will expand HP's portfolio and help to disrupt the $55 billion A3 copier market with multi-function printers that are simple to use but have the same high performance level as that of copiers, the company said.
"As we ignite a renaissance in printing, we're thrilled to bring together the industry's best and brightest talent," Dion Weisler, president and CEO at HP, said in a statement. "Together, we will build more than 30 years of print leadership to accelerate our strategy, disrupt new market opportunities, and provide our customers and partners with unique and highly innovative print solutions."
The acquisition was first announced in September last year.
As part of the deal, HP will also have access to more than 6,500 print patents from Samsung and a workforce of nearly 1,300 researchers and engineers that are experts in laser technology, imaging electronics and supplies and accessories.
Samsung, as part of the agreement, will make a $100 million to $300 million equity investment in HP through open market purchases.
Meanwhile, the PC and printer maker is also looking at 3-D printing as a potential growth area. Weisler told CNBC's Jim Cramer last month that HP got into 3-D printing to get ahead of the inevitable manufacturing disruption.
HP said Wednesday it will provide financial guidance on its fourth-quarter earnings call. Previously, executives at the company said they are cautiously optimistic heading into next year.