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Xerox abandons $35 billion hostile bid for HP 7:24pm EDT

(Reuters) - U.S. printer maker Xerox Holdings Corp walked away from its $35 billion hostile cash-and-stock bid for HP Inc on Tuesday, after the coronavirus outbreak weighed on its campaign to take over the PC and printing equipment manufacturer.  Full Article

 
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Zoom takes lead over Microsoft Teams as coronavirus keeps Americans at home 7:01pm EDT 

(Reuters) - Zoom Video Communications Inc's average user numbers in March were nearly three times that of its nearest rival Microsoft Corp's Teams, according to research firm Apptopia, as the cornonavirus-driven stay-at-home lifted demand for video conferencing platforms.  Full Article  

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Huawei warns China will strike back against new U.S. restrictions 11:34am EDT 

SHENZHEN, China (Reuters) - Huawei warned on Tuesday that 2020 would be its most difficult year yet due to American trade restrictions which dealt a blow to its overseas sales in 2019, and predicted the Chinese government would retaliate against the United States.  Full Article