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Businesses

Lexmark To Exit Inkjet Printer Market 228

Posted by timothy from the let's-send-more-horse-heads dept.
Barence writes "Lexmark has announced it will stop making inkjet printers and cut 1,700 jobs as part of a cost-cutting restructuring move. Lexmark will stop all inkjet development worldwide by 2013, and close its Philippines-based inkjet supplies manufacturing plant by 2015. This will provide annual savings of $85 million, rising to $95 million by 2015. The total restructuring cost before tax is expected to be $160 million. The company is also looking into the possible sale of its inkjet-related technology." I know there are some purposes for which inkjets are good (modern home photo printing can be insanely good, and we've featured a lot of cool projects which use inkjets to print sensors, solar cells, antennae, and more), but I get just a little queasy whenever I see an inkjet printer purchased by an innocent friend or family member who doesn't realize quite how much it will end up costing them in the long run.
IT

IT Industry Presidential Poll: 'Not Sure' Beats Both Obama and Romney 238

Posted by Soulskill from the all-glory-to-the-hypnotoad dept.
CIStud writes "A new poll conducted of IT industry executives and integrators shows a divided and unsure industry regarding which presidential candidate is better for Information Technology to prosper. The poll, conducted by JZ Analytics on behalf of CompTIA, shows 'Not Sure' winning in four out of five areas. President Obama holds and edge over Mitt Romney in every category, including which person is best for the IT industry in terms of tax policy (remarkably), access to capital, tech exports, education and privacy."

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