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Previously, I wrote about investing for Money Magazine and was an

...You agree to receive updates, alerts, and promotions from the CBS family of companies - including ZDNet’s Tech Update Today and ZDNet Announcement newsletters. Crucial statistics: Xerox’s stock fell 1.8% on the news Friday.HP’s stock stayed largely flat, losing 0.3%. Xerox's chief executive, John Visentin, has started meetings with HP shareholders to increase pressure on the PC and printer biz's board of directors. Xerox shares are down 2.2% so far in 2020, while HP shares have gained nearly 9%. You may unsubscribe from these newsletters at any time.HP says Xerox has "visible and substantial declines" that would mean any combination would be hamstrung. HP in a letter to Xerox said that the latter party has too many issues to merge. I graduated from the University of St Andrews in 2018, majoring in International Relations and Modern History. Previously, I wrote about investing for Money Magazine and was an intern at Forbes in 2015 and 2016. HP in a letter to Xerox said that the latter party has too many issues to merge.Please review our terms of service to complete your newsletter subscription.The short version is that Xerox just isn't good enough, can't execute and mortgaged its future for the cash needed to even float buying a much larger company.Microsoft starts using machine learning to select PCs on older versions of Windows 10 to bump up to version 2004.Microsoft promises fix for Windows 10 glitch that can cause USB printer ports to become unavailable. Xerox is reportedly considering buying Hewlett-Packard Inc. in what would be a merger of two former American technology giants that have both seen better days. Well, this HP-Xerox thing is getting hostile.The copier maker is officially backing down from its efforts to force a merger with rival HP, citing market turmoil caused by the COVID-19 pandemic.Xerox said it plans to bring a full slate of new directors to HP's annual shareholder meeting in an attempt to overthrow HP's existing board via shareholder vote.