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Here's your TNB Tech Minute for Monday, December 23rd. I'm Cordelia James for the Wall Street

Journal.

Xerox has struck a deal to buy printer-maker Lexmark in a $1.5 billion transaction, including debt. Zerox is expected to finance the deal with a combination of cash on hand and committed

debt financing. The takeover brings Lexmark back into U.S. hands after it agreed to be

sold to a group of Chinese buyers in 2016. The deal would create a vertically integrated manufacturer,

distributor, and provider of printing equipment and services and booze Lexmark's revenue by about

one-third. It would also bolster Xerox's core printing portfolio and help it

expand its services globally. China's electric vehicle sector is expected to keep growing in 2025.

That's according to an analyst at CCB International. Total industry sales volume is projected to rise

about 25 to 30% next year, driven by hybrid

plug-in cars.

The analyst says new energy vehicles bought next year will still qualify for tax exemption,

and the government is likely to extend its trade-in program for old cars, which will support

sales.

And two tech stocks with cult followings, Micro Strategy, and

Palantir, have joined the NASDAQ 100. Micro Strategy, a software company turned crypto investor,

celebrated the index edition by adding to its stash of Bitcoin. It bought about $561 million

of Bitcoin last week, funded by issuing new stock.

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