Ricoh Australia has alerted some customers of a data breach. So-called “run-up guides” used by Ricoh dealers to set up customers’ MFPs were exposed online. Online news organization GovInfoSecurity, which covers information security issues, reports that Ricoh Australia has contacted at least two dozen customers, including banks, government agencies, universities, and many large companies, to
On July 11, Ninestar Corporation announced the release of a new white paper, entitled Ninestar—Innovating Success. The company says that the goal of the paper was to provide “a detailed overview of how the company grew to be the market leader by consistently breaking new technical ground and being the first in the industry to
European Union (EU) regulators have been busy in recent weeks issuing fines. Last week, Google made news after EU regulators decided to levy a €2.4 billion ($2.7 billion) fine against the company for breaking antitrust laws by promoting its own services in shopping search results. Now, Canon may very well face an even bigger fine.
Another day, another chapter in Toshiba’s ongoing fight for survival. Last week, Toshiba missed a self-imposed deadline to agree to a bid for its flash memory chip unit and filed litigation against Western Digital for interfering in the bid process (see “Toshiba Misses Deadline on Chip Unit Sale Agreement, Files Litigation against Western Digital”). This
Print-Rite has announced a licensing agreement with Pelikan. Under the agreement, which became effective on July 1, Print-Rite has the exclusive rights to manufacture inkjet and toner cartridges using the Pelikan brand. Print-Rite’s press release states: Effective 1 July 2017 Print‐Rite will have the exclusive rights to manufacture high quality, unique patent safe cartridges using
On June 28, Staples announced that it has agreed to be acquired by Sycamore Partners for $6.9 billion. Staples has been exploring a sale of its business since April, talking to private-equity groups about a deal that would enable the embattled publicly-traded office-supplies retailer to go private. Staples’ share price has suffered after years of
Earlier this month, Actionable Intelligence reported that as of June 1, Ninestar Corporation’s shares had been suspended on the Shenzhen Stock Exchange (see “Ninestar Shares Suspended as Company Reorganizes and Sells Lexmark’s Enterprise Software Business”). As of June 28, the company’s shares have once again commenced trading. As we reported in our initial article, the
It has been a busy time for Ninestar Corporation as it reshapes itself following the acquisition of Lexmark by Apex Technology, PAG Asia Capital, and Legend last year (see “It’s a Done Deal: Apex Has Acquired Lexmark”). This month, trading of Ninestar shares on the Shenzhen Stock Exchange has been temporarily suspended as the company
Toshiba Corporation just can’t catch a break. The enormous Japanese conglomerate is struggling with accounting issues that have prevented it from filing audited financial results, billions of dollars in losses stemming from its bankrupt-U.S. nuclear unit, potential delisting from the Tokyo Stock Exchange, and the urgent need to sell its prize memory chip division. When
On June 12, Fujifilm Holdings at long last reported its fourth-quarter and year-end financial results for fiscal 2016, ended on March 31, 2017. The company also announced the results of an investigation into improper accounting practices. In April, Fujifilm announced it would have to postpone its fiscal 2016 financial results announcement because it was investigating
