Us

Axel Springer to make major inkjet investment

Axel Springer is set to become one of the world's biggest users of hybrid inkjet printing systems by next summer.

EFI eyes further MIS market consolidation

EFI senior vice president and general manager of productivity software Marc Olin has said the company will continue to drive consolidation amongst MIS providers in the wake of its latest acquisition.

Mimaki to boost support in EMEA region

Wide format manufacturer Mimaki aims to set up a dedicated EMEA support operation before next summer in response to huge demand in the wide format market.

News Corp closes The Daily app

News Corp has announced that it will close its digital newspaper app, The Daily, which it launched for the iPad in February 2011.

Williams Lea appoints ex-agency boss to Tag

Williams Lea is understood to have found a new figurehead for Tag Worldwide following the departure of chief executive Steve Parish, who leaves at the end of this calendar year.

HP books $8.8bn charge on Autonomy deal

HP has called in the Serious Fraud Office (SFO) and US Securities and Exchange Commission (SEC) Enforcement Division after it was forced to announced an $8.8bn writedown of its $11bn Autonomy...

EFI strengthens MIS reach with Technique acquisition

EFI has acquired UK-based MIS provider Technique as it continues to expand its presence in the software market.

US Postal Service reports $15.9bn full year net loss

Re-enforcing the point that it needs a dramatic overhaul, the U.S. Postal Service (USPS) has reported a $15.9bn net loss for the year ending September 30 - a loss that includes $11.1bn in payments to...

Kodak patent sale a condition of new $800m facility

Eastman Kodak has been told it must sell its digital imaging patent portfolio for "no less than $500m" as a condition of a new interim and exit finance facility totalling nearly $800m.

Obama victory ends robust year for political print

President Barack Obama's victory over Republican rival Mitt Romney last night marked the end of one of the most combative - and expensive - political races in US history.

Transcontinental to close Quebec printing plant

Montreal-based Transcontinental said this week it will close its printing plant in LaSalle, Quebec next month, laying off 150.

Semper survey finds return to pre-recession profit optimism

Latest research from Semper International has found the number of US printers who squeezed out profit in the third quarter was again above 70%, indicating that things have improved dramatically from...