Eastman Kodak, once one of America's most illustrious companies, is nearly out for the count. Trading for a dollar a share, its fortunes now rest on patent lawsuits. Here's Sinead Carew, for Reuters:
Eastman Kodak Co shares lost more than half their value on Friday as the company hired a law firm well-known for bankruptcy cases, triggering speculation that the photography pioneer could file for bankruptcy.
Kodak, which delivered the first consumer camera in 1888, denied it had a bankruptcy plan, saying it was committed to meeting its obligations and is still looking for ways to "monetize" its patent portfolio.
People often suggest that there's an irony in Kodak having invented digital photography. But its real problem was a sales model based on selling cheap cameras and expensive media. So it wasn't killed by the digital camera, really. It was killed by the cheap flash memory that came with it.
Kodak denies bankruptcy plan but shares plummet [Reuters]
The LG Watch Urbane 2nd Edition LTE was the company’s latest answer to Apple’s dominating entry into the market. But it died fast, pulled off the shelves within a week due to an unspecified problem with the display. Ron Amadeo writes that they “are not in a position to communicate the specifics of the issue […]
I’ve been using Stanley’s classic flask for years (I literally packed one, full of nice bourbon, in my suitcase this morning for the Melbourne/Sydney/Berlin trip I’m leaving on tonight), and I have no complaints: it’s beautiful, easy to close, and rugged.
Mattel’s Hello Barbie has a microphone and a wifi interface, and it transmits the phrases it hears to a central server in order to parse them and formulate a response. Mattel claims that the data isn’t being retained or harvested for marketing purposes, and assures parents that they can make Barbie stopping eavesdropping on them […]
Store more on your Mac with this microSD memory card adapter.
Carrying this EDC card is like slinging around a handheld toolbox wherever you go. Its minimal design is small enough to fit in your wallet’s billfold, and it’s TSA-compliant so you’ll never leave it behind. It’s got hex wrenches, metric and imperial rulers, flathead and Phillip’s screwdrivers, and a bottle opener so that you’re ready […]
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