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‘kodak’ Stories

Kodak housed nuclear reactor with enriched uranium

, May 14th 2012 Discuss [0]

Here’s a strange tale for you: back in 2006, it was discovered that Kodak was housing a nuclear reactor filled with 3.5lbs of enriched uranium in Rochester, NY. Even stranger, Kodak say that they never made an official announcement regarding the materials, and state officials knew nothing about it until the info was leaked by an ex-employee. Read The Full Story

SlashGear Weekly Wrap-Up: April 28, 2012

, Apr 28th 2012 Discuss [0]

Happy Saturday, everyone. Let's hope you're having a great weekend, but if you want to catch up on the tech news you missed this week, you've come to the right place.  One of the biggest stories this week isn't that happy, and it's about Nintendo. It just posted its first annual loss. Apple also made its quarterly earnings call - Apple Q1 earnings top entire history. And we also have some sobering news for American ingenuity – Kodak continues downward spiral, posts $366 million loss. Read The Full Story

Kodak continues downward spiral, posts $366 million loss

, Apr 27th 2012 Discuss [0]

Kodak has posted yet another disappointing quarter despite its efforts to cut costs, sell patents, and jettison its unprofitable businesses. For the first quarter of 2012, ending March 31, Kodak reported a $366 million loss with total revenue at $965 million, which is down 27 percent from the same quarter last year. Read The Full Story

Shutterfly plunks down $23.8M for Kodak Gallery photo sharing platform

, Mar 2nd 2012 Discuss [0]

Kodak was once a photography giant in the days of film and photo processing. Today, the majority of the world has moved beyond film to digital photographs rendering much of Kodak's offerings obsolete. Kodak has filed bankruptcy and is selling off assets to pay creditors. Shutterfly has stepped up and is plunking down $23.8 million to buy Kodak's online photo sharing platform called Kodak Gallery. Read The Full Story

Kodak axes digital camera business

, Feb 9th 2012 Discuss [0]

Bankrupt Kodak has decided to ditch its digital imaging business in an attempt to stay afloat, ceasing production and sales of digital cameras, pocket video cameras and digital picture frames in the first half of 2012. Described as a way to "drive sustainable profitability" the decision will see Kodak instead focus on pushing its existing brand licensing program, as well as online and retail-based photo printing and desktop inkjet printers. Read The Full Story

Bankrupt Kodak to remove name from iconic LA theater

, Feb 3rd 2012 Discuss [8]

For years, if you tuned in to watch the Academy Awards at some point you would hear the phrase "from the Kodak Theatre." Now, the once dominant film behemoth says it's no longer worth paying $75 million a year to put its name on the door. That's probably a smart move considering the company has filed for Chapter 11 bankruptcy. Read The Full Story

Kodak files for bankruptcy

, Jan 19th 2012 Discuss [6]

Kodak has filed for Chapter 11 Bankruptcy, with the struggling camera company expecting it to be 2013 before it gets back on its feet again. The latest step as Kodak attempts to shift away from traditional film-based photography and get up to speed in the digital world, the company's announcement suggests 75-percent of revenues in 2011 actually came from digital divisions. Read The Full Story

Kodak sues Samsung over digital imaging patents

, Jan 18th 2012 Discuss [8]

Kodak has announced that it is suing Samsung over five digital imaging patents. The complaint was filed against Samsung in the US District Court for the Western District of New York and follows similar allegations filed against Apple and HTC earlier this month. Read The Full Story

Kodak sues Apple, HTC over digital imaging patents

, Jan 10th 2012 Discuss [1]

Kodak has announced that it's suing Apple and HTC for infringing on four of its digital imaging patents. It also claims HTC to be infringing on a fifth image preview patent, which is already at the center of an ongoing case that Kodak has lodged against Apple and RIM. This latest suit was filed today with the US International Trade Commission and in a New York district court. Read The Full Story

Kodak prepares for Chapter 11 bankruptcy filing

, Jan 4th 2012 Discuss [0]

Eastman Kodak is preparing to file for Chapter 11 bankruptcy within the coming weeks, according to the Wall Street Journal. The company has been struggling to raise cash, which it needs to stay afloat and to transition into the printing business this year. In recent months, it has licensed its projector patents and sold its image sensor business unit, but apparently that hasn't been enough. Read The Full Story

Kodak may sell Kodak Gallery cloud photo service to stay in business

, Nov 17th 2011 Discuss [0]

Kodak is struggling to stay afloat and as part of its efforts to raise enough cash to turn things around, the company may sell its online photo-sharing business called Kodak Gallery. Kodak has already licensed out its projector patents and sold its image sensor unit to generate cash in recent months. Read The Full Story

Kodak sells its image sensor unit to stay in business

, Nov 7th 2011 Discuss [3]

Kodak announced today that it will be selling its image sensor solutions business to Platinum Equity in order to get closer to the cash targets required to keep the company afloat. Last month, Kodak licensed out its projector patents to IMAX for the same reason. The company has been struggling and could go out of business by next year if it doesn't shore up more money from asset sales. Read The Full Story

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