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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Just as the atom bomb was the weapon that was supposed to render war obsolete, the Internet seems like capitalism’s ultimate feat of self-destructive genius, an economic doomsday device rendering it impossible for anyone to ever make a profit off anything again. It’s especially hopeless for those whose work is easily digitized and accessed free of charge.

— Author Tim Kreider on not getting paid for one’s work