Toner News(21-nov-2012)
HP Alleges Fraud In Autonomy Deal; Shares At 10-Year Low
Hewlett-Packard this morning asserted that there were substantial instances of financial fraud in connection with its acquisition of the software company Autonomy in 2011 for $11.1 billion.
The company also reported October quarter profits slightly ahead of Street estimates, but cautioned that January quarter profits will be below consensus estimates.
Specifically, HP today disclosed $8.8 billion in non-cash charges “linked to serious accounting improprieties, disclosure failures and outright misrepresentations at Autonomy … that occurred prior to HP’s acquisition of Autonomy and the associated impact of those improprieties, failures and misrepresentations on the expected future financial performance of the Autonomy business over the long-term.” In effect, the company is writing down close to 90% of the value of the transaction....More
Specifically, HP today disclosed $8.8 billion in non-cash charges “linked to serious accounting improprieties, disclosure failures and outright misrepresentations at Autonomy … that occurred prior to HP’s acquisition of Autonomy and the associated impact of those improprieties, failures and misrepresentations on the expected future financial performance of the Autonomy business over the long-term.” In effect, the company is writing down close to 90% of the value of the transaction....More
Xerox & U.S. Customs Trying to Intercept Solid-Ink Shipments From S.Korea
Xerox has enlisted help from U.S. Customs and Border Protection agents to intercept shipments of solid ink sticks that infringe on Xerox patents.
Xerox has enlisted help from U.S. Customs and Border Protection agents to intercept shipments of solid ink sticks that infringe on Xerox patents. Distributed by Hana Corp. of South Korea, the ink sticks, used for printing, in lieu of fluid ink or toner powder, violate the International Trade Commission exclusion order (337TA, 549E), banning their importation. By law, agents can seize shipments as they cross the U.S. border.
“Products that infringe on patents literally steal jobs and taxes from the United States and rob revenue from manufacturing companies,” said Allen Westerfield, president of the Imaging Supplies Coalition. “Our research shows these bogus products can cause performance problems and even pose health and safety issues to the consumer.” The Imaging Supplies Coalition is a non-profit trade association of original equipment manufacturers, including Xerox, that have joined together to protect their customers by combating illegal activities in the imaging supplies industry...More
Xerox has enlisted help from U.S. Customs and Border Protection agents to intercept shipments of solid ink sticks that infringe on Xerox patents. Distributed by Hana Corp. of South Korea, the ink sticks, used for printing, in lieu of fluid ink or toner powder, violate the International Trade Commission exclusion order (337TA, 549E), banning their importation. By law, agents can seize shipments as they cross the U.S. border.
“Products that infringe on patents literally steal jobs and taxes from the United States and rob revenue from manufacturing companies,” said Allen Westerfield, president of the Imaging Supplies Coalition. “Our research shows these bogus products can cause performance problems and even pose health and safety issues to the consumer.” The Imaging Supplies Coalition is a non-profit trade association of original equipment manufacturers, including Xerox, that have joined together to protect their customers by combating illegal activities in the imaging supplies industry...More
3D Printing: The Hype, The Hopes And The Hurdles
At the Techonomy conference, industry leaders discuss the future of three-dimensional printing -- and how the technology will change markets foreverThree-dimensional printing: hype, or hope?
That's the question industry leaders sought to answer at the Techonomy conference here in the sunny greater Tucson area. A panel of experts -- Geomagic's Ping Fu,Shapeways' Peter Weijmarshausen and PARC's Stephen Hoover, with CNET's own Paul Sloan moderating -- discussed the promises, pitfalls and potential of a technology that allows almost anyone to turn a digital file into a perfect copy of a physical object, from puzzle pieces to airplane wings, in materials such as plastic, metal and rubberlike polymers.
Can 3D printing change the world? Let's dive in.....More
Watch Out, Lexmark's Wants To Monitor your Printed Data ( this is Real, Not a Joke)
Oh Oh, Lexmark's Wants To Monitor your Printed Data
Lexmark's new program monitors printed data
Lexington-based Lexmark International on Thursday will unveil a new product that seeks to bolster security at companies by tracking how often and by whom certain documents are printed.
Called the Lexmark Secure Content Monitor, the software program stores an image of pages that are printed, scanned, copied or faxed on network-connected printers. The images are then run through an optical character-recognition program that takes the words off the page, so to speak. The words can then be compared automatically to a list of keywords that companies can set up to determine whether the documents contain sensitive information. If they do, an alert can be issued via email to notify someone of the printing.
Lexmark's new program monitors printed data
Lexington-based Lexmark International on Thursday will unveil a new product that seeks to bolster security at companies by tracking how often and by whom certain documents are printed.
Called the Lexmark Secure Content Monitor, the software program stores an image of pages that are printed, scanned, copied or faxed on network-connected printers. The images are then run through an optical character-recognition program that takes the words off the page, so to speak. The words can then be compared automatically to a list of keywords that companies can set up to determine whether the documents contain sensitive information. If they do, an alert can be issued via email to notify someone of the printing.
Did Apple License Patents it Said it Wouldn’t?
Samsung tells judge: We need to see Apple-HTC settlementDid Apple license patents it said it wouldn’t?
Apple settled its patent disputes with HTC last Saturday, and lawyers from Samsung were paying attention. Papers filed in federal court Friday show that by Monday afternoon, Samsung was asking to get a look at that license agreement.
It isn't exactly clear what patents are covered in the agreement, but at least two of the patents Apple was using against HTC were also being used against Samsung. If Apple licensed those patents, that wouldn't be in accordance with how a key Apple witness described the company's patent policies. At trial, Apple IP chief Boris Teksler said the company tended to not license its most "unique user patents" at all, especially to competitors, as Reuters noted today.....More
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