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Investors soon won't be able to follow Warren Buffett's every move in HP's stock if the billionaire's company keeps selling off shares of the printer and computer maker. Berkshire Hathaway's ownership of HP Inc. is about to drop below 10 per cent after it sold nearly 5 million shares, according to a regulatory filing by Buffett's company late Monday. The Securities and Exchange Commission requires investors who own less than 10 per cent of a company to report their company holdings only on a quarterly basis rather than big investors who must disclose their actions closer to the time of a so-called triggering event, which can mean buying or selling shares. Many investors do watch Buffett's moves closely because of his extremely successful track record over the years. Not that long ago, Berkshire owned more than 12 per cent of HP's stock before it started to trim its stake last month. Now it's down to 10.2 per cent after several stock sales of the Palo Alto, California, company. In
PC maker HP has joined hands with Google to manufacture Chromebooks in India from October 2, the company said on Thursday. The Chromebook devices will be manufactured at the Flex Facility near Chennai, where HP has been producing a range of laptops and desktops since August 2020, it said in a statement. "Manufacturing Chromebook laptops in India will allow Indian students to get easy access to affordable PCs. By further expanding our manufacturing operations, we continue to support the Make in India initiative of the government," HP India, Senior Director - Personal Systems, Vickram Bedi said. HP is one of the applicants under the government's Rs 17,000 crore production linked incentive scheme for IT hardware. "The local production of Chromebooks with HP marks an important step in our efforts to continue supporting the digital transformation of education in India," Google, Head of Education - South Asia, Bani Dhawan said. Chromebooks come at a lower price compared to notebooks wit