It's been one year since the split between Xerox and Conduent. Kevin Warren, Executive Vice President and Chief Commercial Officer of Xerox, joins The Long and The Short to discuss the company's growth in 2017 and its focus in 2018.
Since spinning off Conduent, Xerox has been able to focus more on its sole products and mitigating cybersecurity risks. It recently launched 29 new products under its ConnectKey brand. Warren's focus is growing revenue off these products, and he says he's on track for the rest of the year.
Plus, Xerox has beefed up its Security = Safety philosophy. He explains how single and multifunction printers are now capable of working at the heart of business operations with limited risk of a hack. With the exponential growth of wireless devices, cloud-hosting software and services, printers not only need to work with these technologies but also need to stay secure themselves.
An independent watchdog within the IRS reports that while taxpayer services have vastly improved, the agency is still too slow to resolve identity theft cases. And National Taxpayer Advocate Erin Collins says those delays are “unconscionable.” Erin M. Collins said in the report released Wednesday that overall the 2024 filing season went smoothly, though IRS delays in resolving identity theft victim assistance cases are worsening. It took nearly 19 months to resolve self-reported identity theft cases as of January, and Wednesday's report states that now it takes 22 months to resolve these cases.
Amazon.com Inc. surpassed $2 trillion in market value for the first time in afternoon trading on Wednesday. The push higher for Amazon’s stock market valuation comes a little more than a week after Nvidia hit $3 trillion and briefly became the most valuable company on Wall Street. Nvidia’s chips are used to power many AI application and its valuation has soared as a result. Amazon has also been making big investments in AI as global interest has grown in the technology. Most of the company’s focus has been on business-focused products.
Climate change doesn’t just mean more extreme weather – it also leads to billions of dollars in lost productivity, tourism, and stresses infrastructure.