Agreed to pay $1.75 million to settle a lawsuit filed by current and former employees Alleged Ricoh mismanaged the 401k Plan
Research published by The Ohio state university and university of Queensland in Australia “using technology to communicate with others is better than nothing – but still not as good as face-to-face interactions” “people are less engaged and do not have the same positive emotional responses when using technology, like video calls” “Using technology is a […]
The Maritime News magazine is reporting that xerox now has $200 million in unshipped orders Blaming “supply chaind challenges “exploring alternative transportaiton routes” “re-evaluating assembly locations “labor shortages are another significant concern” Value of Xerox stock is currently only $2.59 per share Technical analysts have downgraded the stock from a “hold” to a “sell candidate” […]
New Report published by IDC Research IT spending globally had 14% growth in 2025 to reach $4.25 trillion Fastest year of growth since 1996 driven by dot.com boom IDC predicts this will grow to $7 trillion predicts an increase of 10% in 2026 Driven by focus on Digital transformation Cloud migration Cyber Security AI Also […]
While hackers are apparently already using AI to more easily find and attack customers in the U.S. another new technology will make them even more powerful – Quantum Computing, as reported in Quantum Zeitgeist magazine “Quantum Computers, though still in their infancy, could render today’s cryptographic systems obsolete” “Capable of dismantling widely used encryption protocols” […]
Reported by The Wall Street Journal Currently seeking a $500 million dollar loan will use its intellectual property as collateral to raise the money Xerox reportedly has over 50,000 Company currently has $479 million cash on hand During, Last quarter, reported loss of $760 million During previous quarter, reported loss of $106 million
Report Published by SkyQuest Research Global Market MFPs was valued at $74.8 billion in 2023 Includes Inkjet and toner based devices Reached a total of $78.3 billion in 2024 Projected to surpass $113.5 billion in 2035 CAGR of 4.7% Top Vertical Markets for growth are: Healthcare Banking/Finance/insurance Government Education Top reasons customers want to acquire […]
Report published by Kaspersky Daily The security vulnerability is some Canon laser printers and MFP’s could allow a hacker to “execute malicious code” exploiting it merely require sending an innocent-looking file to print” Canon claims to have made available firmware update to resolve the issue
Police in Warren, Ohio announced they are on lookout for toner thief Sam’s Club store vide camera caught man on camera stealing over $600 worth of printer ink cartridges
Research published by SNS Insider Claims that the total global MFP market was worth $42.51 billion in 2024 Projected to reach $66.65 billion by 2032 CAGR (cumulative annual growth rate) of 5.83% AIO segment (small A4 desktop units) have CAGR of 6.18% Laser-based MFPs have 60.08% of revenue
