The response was a multi-billion dollar loan, asset sales (selling off its stake in Fuji Xerox, which was painful), and a massive layoff of 20,000 employees. But the darkest chapter was the . To hide operational problems and meet Wall Street expectations, Xerox executives had manipulated its leasing revenue accounting. In 2002, the SEC charged Xerox with fraudulently accelerating the recognition of equipment revenue by over $3 billion and inflating pre-tax earnings by $1.5 billion. The company paid a $10 million fine, restated five years of financial results, and its auditor, KPMG, was also sanctioned. The scandal was a humiliation.
Dans les années 1970, Xerox fonde le en Californie. Ce laboratoire devient le centre de recherches le plus influent de l'histoire technologique moderne, bien que Xerox n'ait pas toujours su commercialiser ses inventions. Xerox - Wikipédia xerox wikipédia
What happened at PARC is legendary. Over a few years, a team of computer scientists (including Bob Taylor, Alan Kay, Butler Lampson, and others) invented or prototyped almost every element of modern personal computing: The response was a multi-billion dollar loan, asset
The story began in in a makeshift lab in Astoria, Queens. Chester Carlson , a patent attorney frustrated by the tedious task of hand-copying legal documents, produced the first "xerographic" image. He called the process electrophotography , which used static electricity and light to create dry copies. In 2002, the SEC charged Xerox with fraudulently