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3 Oct 23

Updated: 3 Oct 23

Buffett cuts stake
in HP for 4th time!?

Legendary investor selling
at huge loss after 12 mos.

Warren Buffett's Berkshire Hathaway has sold $540m of  HP Inc. shares,  undoing part of what has been a large, unsuccessful investment in the maker of personal computers and printers. We never understood why such a savvy investor could see a profitable future in such a tech relic boosted only by price hikes on falling volumes?

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26 Sep 23

Updated: 26 Sep 23

FTC accuses AMZN
of illegal protection

Is chair Khan's attack
aping EU's aggression?

The Federal Trade Commission (FTC) is suing  Amazon, stating that its online store, marketplace and services to merchants illegally stifled competition. “Today’s lawsuit seeks to hold it to account for these monopolistic practices and restore the lost promise of free and fair competition,” said Lina Khan, the chair of the F.T.C.

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26 Sep 23

Updated: 27 Sep 23

Synnex  s t a l l e d.
Losing mkt share?

#1 $60Bn tech wholesaler
integration slows progress

TD Synnex, the #1Global IT wholesaler has recovered from serious Asian supply problems, but is now suffering slower demand. Complacent CEO Rich Hume commented on positive "momentum" in spite of declining volume growth in its Q2'24 financial review. Report analysis complete inc Analysts' Q&A session

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25 Sep 23

Updated: 28 Sep 23

PC Monitor market
mirrors IT weakness

IDC: Slow user demand
expecting a '24 recovery

The global PC monitor market remained steadfast in its efforts to manage inventory levels amidst a significant drop in demand during Q2'23. Demand still fell short of pre-COVID levels observed in the second quarter of 2019, signaling that recovery remains a work in progress following the surge in volume witnessed from 2020 to 2022.

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25 Sep 23

Updated: 25 Sep 23

AMZN accelerates
AI collaboration

Jassy "customers will gain
huge productivity benefits 

Amazon wis investing up to $4Bn in San Francisco-based AI startup Anthropic, as the two parties collaborate to advance generative AI. "Customers are quite excited about Bedrock, AWS’s new managed service and Trainium, its training chip; with Anthropic it should help customers get even more value" said CEO Andy Jassy

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20 Sep 23

Updated: 20 Sep 23

HPE homes in
on Hybrid Cloud

Neri overhauls Greenlake
leadership, "unifies" team 

Hewlett Packard Enterprise (HPE) is restructuring to accelerate its hybrid cloud sales offensive, creating a new organization that includes the storage business unit. ‘These changes to HPE’s structure and leadership will further unify our portfolio and enhance the delivery of a true cloud experience for our customers and partners" commented ceo Antonio Neri

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18 Sep 23

Updated: 18 Sep 23

TDSynnex synergies
see low layoff levels

<2% workforce involved
in voluntary severance 

Global #1 tech $60Bn wholesaler TD SYNNEX let go of around 100 employees on Friday, just two months after distributor implemented a voluntary severance program.  CEO Rich Hume said the cuts are related to “merger synergies" following the 2021 marriage of Tech Data and Synnex

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14 Sep 23

Updated: 18 Sep 23

Buffett cuts losses
on huge HP stake

Has legendary investor seen
through ceo's hollow plans?

Warren Buffett's Berkshire Hathaway has sold about 5.5 million shares of HP Inc. undoing part of what has been a large, unsuccessful investment in the maker of personal computers and printers. We never understood why such a savvy investor could see a profitable future in such a tech relic boosted only by price hikes on falling volumes?

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13 Sep 23

Updated: 20 Sep 23

Amazon v FTC:
Beware the split?

Markets fear separation 
of retail, AWS & logistics 

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12 Sep 23

Updated: 12 Sep 23

Alibaba allchange
mngment moves

CEO Zhang quits. New
younger team takeover 

Alibaba's shares fell 3% after its outgoing CEO Daniel Zhang will also step down as chairman and head of its Cloud Intelligence unit. It will focus on two main themes going forward, "user first" and "AI-driven" according to new CEO Eddie Wu Yongming. We analyze moves and plans....