PRESS DIGEST- New York Times business news - May 25
May 25 The following are the top stories on the New York Times business pages. Reuters has not verified these stories and does not vouch for their accuracy.
SAN FRANCISCO Hewlett-Packard Co plans to outline its entry into the 3D-printing business by October, as the computing company seeks to extend its dominance of traditional printers into a fledgling but fast-growing market.
Chief Executive Meg Whitman said last week HP would make an announcement in June, now that the company has solved a number of technical problems that have hindered broader adoption of the high-tech manufacturing process.
But in a blogpost updated over the weekend, HP said she had "inadvertently" mis-spoken and that the company was planning instead on making its 3D-printing announcement by the end of the fiscal year, which ends in October. (here#.UzBm7WXn-M9)
Whenever it happens, HP's foray could give added momentum to a nascent industry dominated by smaller players like Stratasys unit Makerbot, and help counter criticism that the sci-fi-like technology is over-hyped and still too immature for widespread consumer adoption.
Whitman said last week HP will focus on 3D-printing for enterprises, rather than the consumer market.
(Reporting by Edwin Chan; Editing by Richard Chang)
May 25 The following are the top stories in the Wall Street Journal. Reuters has not verified these stories and does not vouch for their accuracy.
SAN FRANCISCO, May 24 Infosys Ltd, the India-based computer services giant, on Wednesday touted its new strategy to hire and train 10,000 American workers over the next two years at the company's annual leadership meeting in San Francisco.