As we begin 2022, it’s time to look back at the big stories from the past year. COVID, of course, looms large this year but we shouldn’t forget other 2021 industry news stories.
Former and current Canon employees are bringing a class action lawsuit against the company for the data breach incident from August 2020. According to The National Law Review, the plaintiffs “allege that Canon was negligent in protecting employee data and violated state trade practice laws by failing to guard against such an attack. The plaintiffs further allege that Canon failed to notify the affected individuals in a timely manner.”
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On March 2nd, Xerox launched a formal tender offer to acquire HP for $24 per share. “Our proposal offers progress over entrenchment,” said John Visentin, CEO of Xerox. “HP shareholders will receive $27 billion in immediate, upfront cash while retaining significant, long-term upside through equity ownership in a combined company with greater free cash flow to invest in growth and return to shareholders.”
2018: The Year of the Shake-Up. As we ring in the new year, it seems a good time to reflect on the big industry changes we saw in 2018: