John Paczkowski

Recent Posts by John Paczkowski

Lexmark to Quit Inkjet Printer Business

Printer company Lexmark is looking to get out of the inkjet printer business.

The company said Tuesday that it will sack 1,700 employees worldwide and shutter a factory in the Philippines, as it explores selling off its inkjet printer operations. The move is expected to save Lexmark $95 million annually and free up more resources, as it focuses its efforts on higher value managed laser imaging services.

Shares in the company are trading up nearly 13 percent on the announcement.


Twitter’s Tanking

December 30, 2013 at 6:49 am PT

2013 Was a Good Year for Chromebooks

December 29, 2013 at 2:12 pm PT

BlackBerry Pulls Latest Twitter for BB10 Update

December 29, 2013 at 5:58 am PT

Apple CEO Tim Cook Made $4.25 Million This Year

December 28, 2013 at 12:05 pm PT

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Nobody was excited about paying top dollar for a movie about WikiLeaks. A film about the origins of Pets.com would have done better.

— Gitesh Pandya of BoxOfficeGuru.com comments on the dreadful opening weekend box office numbers for “The Fifth Estate.”