The financial costs from Morgan Stanley’s ITAD project mismanagement have grown to over $163 million. | JHVEPhoto/Shutterstock
This story has been updated.
Morgan Stanley’s years of IT asset disposition errors have cost the banking giant over $163 million, according to an updated E-Scrap News tally. New details on the data loss incidents have also recently come to light.
Glencore’s Horne smelter is facing public concerns over air pollution. | Courtesy of Glencore
The top government official in Quebec suggested public concerns over air pollution could lead the province to close Glencore’s Horne smelting site, a key downstream for North America’s e-scrap.
Sims Lifecyle Services, a subsidiary of Sims Limited, aims to become carbon neutral by 2025. | Gorodenkoff/Shutterstock
Sims Limited is looking to slash its emissions from electricity and fuel with a series of steps outlined in its inaugural climate report.
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The average age of a U.S. consumer’s trade-in smartphone is now over 3.5 years. | Stock Rocket/Shutterstock
Consumers are keeping their smartphones for longer than ever before, with the average age of a phone at turn-in surpassing 3.5 years.
Gartner tallied 68 million computers were shipped globally for sale in the third quarter, which marked the fourth consecutive quarter of year-over-year declines. | KenSoftTH/Shutterstock
Worldwide shipments of PCs in the third quarter were down by nearly 20% year over year, according to a Gartner analysis, the steepest decline in decades.
An e-plastics focused session at the 2022 E-Scrap Conference brought attendees perspectives from domestic processors. | Big Wave Productions/Resource Recycling, Inc.
Two businesses with unique approaches to meeting the goal of domestically processing e-plastics shared their plans at the 2022 E-Scrap Conference.
Sony and EWASTE+ join a group of companies that have settled in court regarding CRT cleanup costs in the Closed Loop case. | Aerial Mike/Shutterstock
Sony Electronics and EWASTE+ agreed to pay a combined $2.4 million to end their years-long entanglement in a lawsuit over CRT materials abandoned in Ohio.
An IPO would bring Ingram Micro back to U.S. stock exchanges. | JHVEPhoto/Shutterstock
Ingram Micro, which owns a global ITAD division, has filed with federal regulators to become a publicly traded company once again.