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News from Eastman Kodak Co. today brings closure to a decade-long battle between two of the biggest names in the online photo sharing / photofinishing business. The public debuts of both Ofoto Inc. and Shutterfly Inc. on the very same day back in December 1999 set them up for a head-to-head fight, and Shutterfly now emerges the victor as it purchases the remains of its one-time...
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Wednesday, February 2012
Whenever an icon falls on hard times, a measure of reflection is to be expected. Eastman Kodak's recent bankruptcy filing is no exception.
Over the last few weeks, the mainstream media has published a number of articles looking at Kodak's history in detail, and as the company works through its bankruptcy--most recently by extricating itself from a number of sponsorship deals,...
There's something of a trend in the software world today, as newly-released software from Eastman Kodak Co., Nik Software Inc., and Adobe Systems Inc. ports existing products to new platforms.
Kodak has announced the debut of its Kodak Gallery app for Google's Android operating system. The Kodak Gallery was app previously available only on Apple's iOS devices, such as the...
9
Thursday, February 2012
The Kodak moment: For years, it was synonymous with those special memories one wanted to immortalize on film. For the company's presence in the consumer camera industry, though, that moment looks to have come to an end.
Although it dominated in the film years, Kodak has struggled to come to terms with a digital world, a fact demonstrated by its recent bankruptcy filing. The...
A friend pointed me to this article; a nice story of what it was like in the good old days of Kodak, told by the son of a "Kodak Man."
Like people, most companies have a life history, from infancy through robust middle age, and finally to decline and death. When the time finally comes for me to shuffle off this mortal coil, I hope people will celebrate my life, not wring their...
19
Thursday, January 2012
File this under "news we all saw coming": imaging legend Eastman Kodak Co. today started Chapter 11 bankruptcy proceedings.
For months, Kodak has been trying to increase its cash on hand by selling off a large chunk of its patent portfolio, but the company had yet to find a buyer for the property. Late last year Kodak raised some funding by selling its image sensor business....
18
Wednesday, January 2012
What to do, when your cash reserves are low and you're struggling to turn your company around? For Eastman Kodak Co., the answer seems to be to give up on attempting to negotiate patent licenses with rivals, and instead to turn to the courts. The company has today announced the latest in a series of suits against major names in the imaging and consumer electronics industries.
A...
Files ITC Complaint Alleging Apple and HTC Camera-Enabled Smartphones and Tablets Infringe Digital Imaging Technology; Suits Also Filed in U.S. District Court
ROCHESTER, N.Y., January 10 -- Eastman Kodak Company (NYSE:EK) announced today that it has filed lawsuits against Apple Inc. and HTC Corporation, alleging the infringement of certain Kodak patents relating...
ROCHESTER, N.Y., January 13 -- Eastman Kodak Company (NYSE:EK) announced today that it has filed a lawsuit against Fujifilm Corporation, alleging infringement of certain patents related to Kodak digital imaging technology.
The complaint, filed in U.S. District Court for the Western District of New York, alleges that certain Fujifilm digital cameras infringe patented Kodak...
4
Wednesday, January 2012
Eastman Kodak Co. is in the midst of preparations to file for Chapter 11 bankruptcy, should its attempt to sell off a portfolio of over a thousand patents not come to fruition, reports the Wall Street Journal this afternoon.
Kodak, which yesterday disclosed that it was at risk of delisting from the New York Stock Exchange, currently employs some 19,000 people, and is said to be...
Eastman Kodak Co. faces the threat of delisting from the New York Stock Exchange later this year, unless it is able to turn around its falling stock price, according to a press release issued by the company today.
According to the release, Kodak received a listing standards notice from the NYSE after its average closing price remained below the $1 per share mark for 30...
Eastman Kodak Co. has today launched a new sweepstakes running through January 9th, 2012 at 3PM Eastern time.
The sweepstakes, being conducted through social network site Twitter, offers one prize: the Burton edition version of a Kodak Playsport Zx5 flash video camera. Launched back in August, the Playsport Burton Edition/Zx5 is a variant of the standard Playsport Zx5 that...
Less than two weeks after announcing that it had divested itself of its image sensor division, Eastman Kodak Co. may again be looking to sell one of its businesses, according to a report in the Wall Street Journal.
With camera and film sales falling and the company working on shifting its consumer focus towards inkjet printing, Kodak recently reported a third-quarter loss of...
9
Wednesday, November 2011
ROCHESTER, N.Y., November 09 -- Eastman Kodak Company (NYSE:EK) has earned three Innovations 2012 Design and Engineering Awards for the KODAK HERO 9.1 All-in-One Printer, KODAK PLAYFULL Waterproof Video Camera and KODAK PLAYSPORT Video Camera/Zx5. The awards were recently announced by the Consumer Electronics Association (CEA), producer of the International...
ROCHESTER, N.Y., November 07 -- Eastman Kodak Company (NYSE:EK) announced today that it has completed the sale of its Image Sensor Solutions (ISS) business to Platinum Equity in a move that will sharpen Kodak’s operational focus and strengthen its financial position.
While the financial details were not disclosed, Kodak will have continuing access to the image...