Xerox

  • In a peaceful transfer of power, Xerox on Thursday said Ursula Burns would replace Anne Mulcahy as chief executive, becoming the only female African-American chief executive among the Fortune 500’s top 150 companies. Ms Mulcahy, 56, who turned the printing company round after the dotcom bubble burst, will retire on July 1 but remain as chairman. Ms Burns, 50, currently president, is her closest lieutenant.
  • Perhaps it will be Government 2.0, after all. The Obama White House took an important step forward in its promise to use internet technology to make government more open and accountable, a move that helped to ease some of the criticism that has welled up during the administration’s early months. The new initiatives include a website, Data.gov, through which all types of government data will be released in machine-readable form, and an experimental open blog to shape the White House’s thinking on how the internet can be used more extensively in government.

 

Richard Waters

Technological change doesn’t slow for a recession, but customers do stop buying.

That’s a real headache for any tech company which has the misfortune to be on the verge of a major new product cycle in the depths of this downturn.

A case in point is Xerox, whose “solid ink” technology is one of those long-term projects that has been years in development, and which is now ready to yield a significant product breakthrough.