As COVID-19 reshapes our economy, our newsletter will help you unpack the news from the day.
What Xerox could get out of a deal with HP
The HP logo is seen at Hewlett Packard's headquarters in Palo Alto, California on November 4, 2016.
Josh Edelson/AFP via Getty Images
Once upon a time, Xerox produced the first plain paper copier, the first laser printer and the computer mouse. But over the decades, it lost market share to a raft of competitors, including HP, formerly Hewlett-Packard.
Now, according to reporting in The Wall Street Journal, Xerox is interested in buying HP. The companies haven’t confirmed the report, but there are a couple of interesting aspects to the idea. For one thing, Xerox is much smaller than HP, with less than a third of the market cap. For another, both companies have been struggling.
Click the audio player above to hear the full story.
If you’re a member of your local public radio station, we thank you — because your support helps those stations keep programs like Marketplace on the air. But for Marketplace to continue to grow, we need additional investment from those who care most about what we do: superfans like you.
Your donation — as little as $5 — helps us create more content that matters to you and your community, and to reach more people where they are – whether that’s radio, podcasts or online.
When you contribute directly to Marketplace, you become a partner in that mission: someone who understands that when we all get smarter, everybody wins.
What happened today?
Make today make sense with our new 10-minute daily Make Me Smart podcast.