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Amazon rockets
with Roomba
Resumes relentless drive
for home efficiency tools
Shares of Roomba vacuum cleaner maker iRobot rocketed over 20% higher in premarket trading after the UK’s Competition and Markets Authority OK’d its acquisition by Amazon. Increasingly, the customer centric giant is investing in all home service devices that drive user productivity...
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Logitech's leader
leaves after 10yrs
Tech accessories champ
Darrell grew sales +150%
Tech accessories leader Logitech’s ceo Bracken Darrell, has decided to leave the company to pursue a new opportunity (Gamestop?). In the interim board member Guy Gecht will assume interim CEO while it searches for a new leader.This is a huge blow for the company....
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Hybrid Work forces
late HP to defend
CFO Myers focused on cost
cuts & Poly 'zoom' rooms
Marie Myers, HP Inc's CFO presented at Bank of America's Global Technology conference today. With demand for PC's a& printers plunging, she focused on the fancily named 'Future Ready Transformation' program aka cost reduction rather than. on creating real growth initiatives.
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D e l l down from
weak PC market
Infrastructure mkt strong.
'Anywhere' network drive
Dell Technologies, the $100Bn tech giant, reported a weaker sales and profits performance again in Q1'24. Whilst the consumer PC market slowed down, the infrastucture solutions group made strong headway in servers and networking. Results analysis tomorrow 0900ET
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Salesforce soars
towards $35Bn
CRM king elevates cloud
despite exec departures
CRM #1 systems provider Salesforce ceo Mark Benioff enthused about growth trends in Q2'24. enthused about growth trends in Q2'24. Wall St sentiment has transformed... shares up +62% YTD, with concerns over the executive exodus and activist activity forgotten. The lone wolf leader seems unfazed...analysis complete
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HPE H o n e s t
Pace Eventually
Smug ceo delivers from
strong Greenlake platform
Tech relic HP Enterprise ceo Antonio Neri at last substantiated some of his much hyped progress in Q2'23. It's starting to drive market share growth. The embryonic Aruba SaaS cloud and Greenlake platforms are becoming real growth catalysts. Can it sustain growth through 2024?
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Haughty HP inks
PCs/Print plunge
Loses mkt share v Lenovo
Printer+toner volumes sink
Old tech giant, HP Inc's printer & ink sales volume continued to decline double digits in Q2'23, mitigated by inflationary price hikes. PC demand sank losing market share to Dell & Lenovo. Can complacent, in denial, ceo Enrique Lores really reinvent the fading force whilst resorting to protectionism. Full report inc. Analysts Q&A session
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Could AI lure
return to office?
PWC chief says workers
will want to outsmart bots
Those reluctant to stop working from home could be encouraged back to the office by AI technology, said Kevin Ellis PwC's chairman. The explosion of artificial intelligence will lure people back to the office as they try to stand out from the bots, reports The Times' tech editor Katie Precott. We discuss....
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HP's Haughty
Protectionism
Imaging Tech Council's
'Greenwash' complaint
The International Imaging Technology Council (I-ITC) brought another complaint against HP Inc. over firmware and greenwashing. The continuing practice of preventing remanufactured cartridges from being used in HP’s “Dynamic Security” and “HP+” printers while marketing these devices as EPEAT-registered is typical of its arrogant protectionist racket....
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Nadella:"We want
to build prosperity"
Microsoft "We innovate to
help lifespans increase"
Microsoft CEO Satya Nadella told the audience at it 'Build'23 vendor conference "We want the lifespans to go up. We want education and prosperity and standard of living to go up everywhere. That’s why we build technology. That’s why we innovate". We review key takeaways inc. ChatGPT's Mosaic Moment....
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