The Week Ending Dec. 15
Topping this week's roundup of those having a rough week is Xerox, its board and CEO who are coming under pressure from activist investor Carl Icahn.
Also making the list this week are Atos, whose bid to acquire Gemalto for $5 billion was shot down; Intel partners who could be hit by reported cuts in the iconic "Intel Inside" program; Kaspersky Lab, whose business continues to suffer because of the ban on the use of its software by the U.S. government; and three programmers who have plead guilty to charges surrounding the Mirai IoT botnet attack.
Not everyone in the IT industry was having a rough go of it this week. For a rundown of companies that made smart decisions, executed savvy strategic moves – or just had good luck – check out this week's Five Companies That Came To Win roundup.