CALIFORNIA | LOCAL
December 25, 2011 |
Jacob E. Goldman, the former Xerox chief scientist who created the company's famed Palo Alto Research Center, whose scientists and engineers invented the modern personal computer in the 1970s and developed an array of other pioneering computing technologies, has died. He was 90. Goldman, a resident of Westport, Conn., died Tuesday at a hospital in nearby Stamford after a short illness, said his son, Melvin. A physicist, Goldman had been the head of the research and development laboratory at Ford Motor Co. before joining Xerox, then based in Rochester, N.Y., as chief scientist in late 1967.
March 24, 2011
Borrowing its title from a Langston Hughes poem, Los Angeles artist Mike Saijo presents a new exhibition examining the ethnographic histories of the Boyle Heights neighborhood ? to Hughes' Harlem ? vis-à-vis the Japanese American, Latino and Jewish communities that resided there in the 1940s. "A Dream Deferred" sets forth a series of multimedia works in the artist's distinctive style of layered photographs, drawings, Xerox transfers and text in bold black-and-white. Caporale/Bleicher Gallery, 355 N. La Brea Ave., L.A. Opening reception 6 p.m. Sat. Free.
January 2, 2011 |
Question: I am impressed with the results of Xerox Corp. but wonder if it can continue on this course. Answer: As impressive as "the document company" has been lately, it isn't overconfident. Xerox has seen an improvement in spending on hardware and services by big business. But Chief Executive Ursula Burns, who became president in 2007 and CEO in 2009, has said she can't be sure that such improved conditions "will stay forever. " As a result, the firm is cutting 2,500 jobs worldwide in 2011, on top of 2,500 cuts announced last January.
March 31, 2010
THE ECONOMY Consumer confidence rebounds U.S. consumer confidence rebounded in March after falling sharply last month, the Conference Board said. The consumer confidence index rose to 52.5 in March from 46.4 in February. Confidence had dropped significantly in February from 56.5 in January. The gain in confidence was above forecasts. Economists expected the index to rebound to 51.0. The February confidence index was revised up from the initial estimate of 46.0.
September 29, 2009 |
NEW YORK -- Xerox Corp. has agreed to buy Affiliated Computer Services Inc. for about $6.4 billion in cash and stock in a deal that will boost the size of its services business and take it another step away from its roots as a printer company. In a deal announced Monday, Xerox said it will pay $63.11 per share for each ACS, creating a $22 billion business that combines Xerox's document management services with the business process outsourcing of Dallas-based ACS. The price is a 33 percent premium over ACS's closing stock price on Friday.
July 5, 2009
TECHNOLOGY Twitter has applied with the U.S. Patent and Trademark Office for dibs on the word "tweet." The San Francisco micro-messaging pioneer's action raises the perennially tricky question of whether a company can own the rights to a word that has so penetrated the English lexicon. That's what happens when a trademark is "genericized." Think Xerox, Kleenex, Jacuzzi, Q-Tip and, of course, Google. All are silly words that became synonymous with their products, often to the chagrin of the owner, whose legal claim to the much-beloved mark becomes increasingly slippery as the word burrows into the vernacular.