James and Kenneth Taggart and their insurance provider agreed to pay $1.35 million to settle a lawsuit alleging they intentionally crippled their e-scrap company to fend off bankers who were angling for a hostile takeover.
James and Kenneth Taggart and their insurance provider agreed to pay $1.35 million to settle a lawsuit alleging they intentionally crippled their e-scrap company to fend off bankers who were angling for a hostile takeover.
President Joe Biden highlighted the necessity of the right to repair devices in remarks at the White House on Jan. 24.
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Mitsubishi Materials, a global e-scrap metals recovery company, has developed a software system to ease PCB shipments, assaying and purchasing.
OEMs are looking at redesigning products to ease repair and recycling, and three youths are inspired to start a nonprofit group after participating in a Samsung program. At the same time, design choices from other companies end up in an unwelcome limelight.
After serving two years behind bars, former Total Reclaim owner Jeffrey Zirkle has been sentenced to another six months. This time, he pleaded guilty to stealing hundreds of thousands of dollars from the company and dodging taxes.
Shipments of new devices continue to experience substantial delays due to pandemic-related trends. According to processors, this fact could drive further demand for refurbished devices.
Back Market, an online marketplace selling refurbished electronics, has now raised over $1 billion in investment backing in recent years.
As the e-scrap and ITAD industry plunges into 2022, it can be useful to set the stage with a look at the biggest trends and developments of the past 12 months.