Xerox Holdings Corp. is mulling a cash and stock takeover bid for HP Inc., the part of the former Hewlett-Packard that sells PCs and printers, The Wall Street Journal reported . HP Inc., in a statement issued after the report, confirmed that it has occasionally talked with Xerox “about a potential business combination” and received a proposal from Xerox yesterday. The situation is a...
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Musk’s Counterproductive Moves
What a time to be a tech business reporter! Even as Sam Bankman-Fried’s fraud trial gets underway, our scoop yesterday about AI startup Anthropic’s rising valuation suggests that the disgraced FTX founder may have scored at least one home run with his Anthropic investment. Yes, that’s right: The fast-evolving story about AI startups has converged with the SBF drama. The big question is how much...
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