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HP Hired Goldman Sachs to protect against Oracle


Alex

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So HP has been angering investors and now had to hire Goldman Sachs to fend off any unwanted buyout attempts, especially from Oracle. But supposedly, Oracle can;t make any attempts until next year as part of a dela when they got Mark Hurd, former CEO of HP. Stock prices have dropped, and it's making a buyout appealing to some tech firms.

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      Image source: link hidden, please login to view
      Earth Day, celebrated annually on April 22, serves as a reminder of our collective responsibility to appreciate and protect our magnificent planet. It calls upon each of us to take significant actions towards fostering a healthier environment and a brighter tomorrow. This year, the theme of Earth Day is ‘Planet vs Plastic,’ chosen to highlight the urgent need to address the widespread problem of plastic pollution. Aligned with this is the ambitious goal announced by to reduce plastic production by 60 percent by 2040. From saying “no” to single-use plastics to embracing appliances made using recycled plastics, everyone can play a part in putting society on the path to a plastic-free future.
      A company with a comprehensive ESG vision for a ‘Better Life For All,’ LG is involved in a wide range of initiatives that help the wellbeing of people and the planet. Its actions on plastic reduction is coupled with intensifying efforts to develop product solutions, and implement lifecycle strategies, that empower users to play a more active role in bringing about positive change. As these endeavors suggest, LG is committed to promoting a sustainable future while enhancing the wellbeing of individuals and communities worldwide.

      LG’s Innovative Washer Helps Curb Microplastic Emission
      Microplastics, minute plastic particles less than 5 millimeters in size, have permeated oceans, soil and even the air we breathe. Their widespread distribution raises concerns for both the environment and human health.1 The washing of synthetic textiles is a significant source of microplastics released to oceans globally, accounting for up to 35 percent. This translates to around 200,000 to 500,000 tons of textile-related microplastics entering the marine environment every year.2

      In an attempt to help people contribute to the mitigation of plastic pollution, LG’s new washer comes with the Microplastic Care cycle preinstalled.3 When set to this specialized cycle, the washer utilizes a ‘swinging’ motion and the TurboWash 360 feature to minimize fabric friction, providing gentle yet effective cleaning while reducing microplastic ‘shedding’ from garments by up to 60 percent.4

      Additionally, the latest LG front-loader comes with AI Wash, which leverages the company’s Deep Learning Artificial Intelligence (AI) Direct Drive Motor and 6 Motion technology. Selecting the optimal washing motions based on fabric type, AI Wash provides improved fabric protection to help extend the lifespan of clothing.5 The new washer also optimizes detergent usage with ezDispense, which automatically dispenses the right amount of liquid detergent for each load.6

      LG’s Plastic-reducing Initiatives for a Better Life

      With a staggering one million plastic bottles used every minute, and up to five trillion plastic bags used annually, plastic waste is polluting our world at an alarming rate.7 Although they undoubtedly make daily life more convenient, home appliances are a substantial contributor to the problem of plastic waste. Recognizing this, LG has greatly expanded its recycling programs for discarded appliances, fostering a sustainable cycle that shows a better way forward for industry and the world.

      LG has implemented a resource circulation program that now spans 52 countries, with the LG Recycling Center in South Korea playing a central role. Raw materials such as iron, copper, aluminum and plastic are extracted from old home appliances, then sorted and processed before ultimately being ‘reborn’ as new lifestyle appliances, such as the LG Styler ShoeCase and ShoeCare, LG PuriCare AeroFurniture and LG tiiun mini.

      Catering to the needs of diverse customer segments, these innovative lifestyle appliances from LG feature outer surfaces made from recycled plastics. Through making upcycling a part of its process, the company is both reinforcing sustainability throughout the entire product lifecycle and presenting eco-concerned customers with a compelling range of stylish and practical solutions that speak to their values, as well as their tastes.

      LG’s ongoing commitment to addressing the importance of recycled materials was also on show at IFA 2023 in Berlin, Germany, last September. The company’s exhibition booth hosted a number of activities to raise awareness of the importance of plastic recycling, including the planting of resin-pallet ‘trees’ at the LG Sustainable Village’s Upcycling Workshop Zone.
      In 2022, LG recovered 472,876 tons of electronic waste from 52 countries, and has collected a cumulative total of 3,998,382 tons since 2007. The company used 32,987 tons of recycled plastics in its products in 2022, a 24 percent increase from 2021.
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      LG remains resolute in the pursuit of its Better Life For All vision. The company’s state-of-the-art appliances offer convenient ways for customers to contribute to environmental protection, while its sustainability-focused recycling programs and production practices show a belief in the possibility of a brighter tomorrow.
      # # #
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      3 ThinQ UP washing machine users can download the new course from the ThinQ app Upgrade Center. Availability of features may vary depending on product model and region.
      4 Tested by Intertek in July 2023. Microplastic Care cycle with 3kg of load (100 percent polyester training jacket) compared to Mixed Fabric cycle (F4Y7EYPBW). Comparing by measuring the amount of microplastics filtered through a 20㎛ filter. Results may differ depending on the item or items of clothing washed and on the usage environment.
      5 The AI DD motor attached to washing machines detects fabric type by calculating the unique waveforms of the fabric and help reducing the damage. Feature availability may vary depending on the product models.
      6 The application of ezDispense function varies depending on the washer model. The feature can dispense detergent for up to 31 loads when both the detergent and fabric softener compartments are filled with detergent to capacity.
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    • By pabloh
      I will much appreciate an answer on how to protect my LG TV connected to the internet against malware, intruders, hackers, fishing, viruses...
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      Hi
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    • By News Reporter
      In One of Three Lawsuits, German Court Rules in favor of LG, Finds LG’s standard
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      SEOUL, Mar. 9, 2021 — LG Electronics (LG) has won a patent infringement lawsuit against TCL Communication Technology Limited and two European affiliated entities (TCL).
      Last week the Mannheim Regional Court in Germany ruled in favor of LG in a lawsuit the company filed against TCL in November 2019. The ruling found that TCL had infringed on claims in LG’s standard essential patent EP 2 627 146 B1 in Germany covering specific LTE technology. Following the court’s judgment, LG is taking immediate steps to stop TCL from the unlawful use of LG’s technology without license. TCL can appeal the judgment and a nullity action against the patent by TCL is pending at the German Federal Patent Court.
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      LG is a global technological leader in the mobile communications field and possesses one of the largest portfolios of standard essential patents in the field. According to TechIPm, a professional intellectual property research and consulting firm, LG ranked first globally for five consecutive years (2012 to 2016) in the 4G (LTE/LTE-A) standard essential patent category. And Germany-based market intelligence company IPlytics recently ranked LG third globally in 5G standard essential patent category with over 3,700 patent families.
      # # #

      link hidden, please login to view
    • By Alex
      The chipmaker owns several patents related to Palm and webOS, and is accusing the iPhone X of copying its user interface.

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