Photo by Cindy Ord/Getty Images

Xerox Corp. is in talks with longtime joint venture partner Fujifilm about a deal that could include a change of control at Xerox, according to The Wall Street Journal.

Why it matters: Because this could give Xerox shareholder Carl Icahn exactly what he's been asking for.

It also would be part of a broader inorganic growth strategy for Fujifilm, at a time when (much weaker) U.S. rival Kodak is climbing aboard the blockchain lifeboat.

Bottom line from the WSJ:

"When Fujifilm first started a joint venture in photocopiers with Xerox more than 55 years ago, the Japanese company was in the shadow of its famous U.S. partner. Now, the positions are reversed: Fujifilm has reinvented itself after the fall of film and is in good health, while a decline in office printing has left Xerox languishing."

Go deeper

Bryan Walsh, author of Future
1 hour ago - Health

Rockefeller Foundation commits $1 billion for COVID-19 recovery

A health worker performs a COVID-19 test in New Delhi. Photo: Raj K Raj/Hindustan Times via Getty Images

The Rockefeller Foundation announced on Monday that it will allocate $1 billion over the next three years to address the pandemic and its aftermath.

Why it matters: The mishandled pandemic and the effects of climate change threaten to reverse global progress and push more than 100 million people into poverty around the world. Governments and big NGOs need to ensure that the COVID-19 recovery reaches everyone who needs it.

Updated 1 hour ago - Politics & Policy

Coronavirus dashboard

Illustration: Sarah Grillo/Axios

  1. Politics: Ex-FDA chief: Pence campaigning after COVID exposure puts others at risk — Mark Meadows: "We are not going to control the pandemic"
  2. Health: 13 states set single-day coronavirus case records last week — U.S. reports over 80,000 new cases for second consecutive day.
  3. World: Italy tightens restrictions Spain declares new state of emergency.
  4. Media: Fox News president and several hosts advised to quarantine after possible COVID-19 exposure

Fox News president and several hosts advised to quarantine in COVID-19 precaution

A political display is posted on the outside of the Fox News headquarters on 6th Avenue in New York City in July. Photo: Timothy A. Clary/AFP via Getty Images

Fox News President Jay Wallace and anchors Bret Baier and Martha MacCallum are among those recommended to get tested and quarantine after possible exposure to COVID-19, the New York Times first reported Sunday night.

The big picture: The Fox News contingent, which also included "The Five" show hosts Juan Williams and Dana Perino, were on a charter flight from Nashville to New York following Thursday's presidential debate with a person who later tested positive for the coronavirus.