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Keyword: kodak

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  • To understand rising inequality, consider the janitors at Kodak and Apple, then and now

    09/04/2017 7:59:42 AM PDT · by artichokegrower · 48 replies
    San Francisco Chronicle ^ | September 3, 2017 | Neil Irwin
    Gail Evans and Marta Ramos have one thing in common: They have each cleaned offices for one of the most innovative, profitable and all-around successful companies in the United States.
  • The original Kodak moment: Snapshots taken from the camera that changed photography in 1888

    10/01/2013 8:06:09 AM PDT · by afraidfortherepublic · 61 replies
    The Daily Mail ^ | 10-1-13 | Jill Reilly
    Kodak may have hit hard times in recent years, but 120 years ago it was the pioneer of home photography. In 1888 it created the Kodak No.1, which gave consumers a chance to capture relaxed scenes which had previously only been taken by professional photographers. These snapshots taken by amateurs give a charming insight into everyday life in the 19th century. It was simple to use - users would simply point in the direction of their subject, although it was a guessing game as there was not a viewfinder yet, reports Gizmodo. They would then wind the film, open the...
  • Kodak ending production of acetate film base

    06/14/2013 4:25:51 AM PDT · by Olog-hai · 16 replies
    Associated Press ^ | Jun. 14, 2013 7:13 AM EDT
    Eastman Kodak Co. says it’s ending in-house production of one of the key components of camera film and cutting 61 jobs. … Kodak spokesman Christopher Veronda told the newspaper the company has an inventory of acetate base that’s expected to last years, and is looking at options for external supply beyond that. …
  • Kodak confirms it had weapons-grade uranium in underground lab

    05/16/2012 7:40:05 AM PDT · by Abathar · 54 replies
    CNN ^ | Wed May 16, 2012 | Dugald McConnell and Brian Todd
    -- Kodak -- the company known for decades for its cameras and film -- this week confirmed it used weapons-grade uranium in an underground lab in upstate New York for upwards of 30 years. A company spokesman and a former scientist for the firm say there was not enough material to sustain a nuclear chain reaction. Former Kodak researcher Albert Filo said the uranium was alloyed with aluminum in plates sealed in sleeves that were not moved for three decades. The amount of fuel was about 3½ pounds, which experts say is less than one-tenth of the amount necessary to...
  • Kodak's New York HQ housed secret underground nuclear reactor

    05/14/2012 5:14:36 PM PDT · by dynachrome · 20 replies
    Daily Mail ^ | 5-14-12 | unattributed
    A Kodak industrial facility in New York, was home to a secret nuclear reactor containing weapons-grade uranium. The research reactor was housed in an underground labyrinth in one of the buildings at the former Kodak Park site in Rochester and was the size of a fridge. Kodak used it to check chemicals and other materials for impurities, as well
  • Kodak Kills Off Its Color Reversal Films

    03/01/2012 5:40:05 PM PST · by SWAMPSNIPER · 16 replies · 5+ views
    PETAPIXEL ^ | Mar. 01, 2012 | swampsniper
    Kodak announced today that it has decided to discontinue its color reversal (AKA slide) films due to a steady decrease in sales and usage. The films discontinued are Ektachrome E100G/E100VS and Elite Chrome Extra Color 100. The company estimates that based on current sales pace, you’ll still be able to purchase the discontinued films for about six to nine months. If you were a loyal Kodak slide film shooter, it’ll soon be time to switch over to negative film or to Fujifilm color reversal films.
  • Kodak to Kill Off Its Camera Business

    03/01/2012 5:37:59 PM PST · by SWAMPSNIPER · 10 replies · 9+ views
    PETAPIXEL ^ | Mar. 01, 2012 | swampsniper
    Kodak, the company that invented the first digital camera back in 1975, announced today that it is pulling out of the camera market entirely. The phasing out of digital cameras, pocket video cameras, and digital picture frames will likely happen by the end of June. Instead, the company will be focusing on licensing out its patents and brand name (much like Polaroid does), and on inkjet photo printing. Although Kodak wasn’t a big player in the digital camera space, it was once a dominant camera maker in the days of film. The original Kodak Brownie helped popularize consumer photography and...
  • Kodak to Kill Off Its Camera Business

    02/09/2012 10:22:06 PM PST · by SWAMPSNIPER · 41 replies
    PETAPIXEL ^ | Feb 10, 2012 | swampsniper
    Shocking news: Kodak, the company that invented the first digital camera back in 1975, announced today that it is pulling out of the camera market entirely. The phasing out of digital cameras, pocket video cameras, and digital picture frames will likely happen by the end of June. Instead, the company will be focusing on licensing out its patents and brand name
  • Learning From Kodak's Demise [Private-Sector & Political Duopolies Never Dream People May Abandon]

    01/29/2012 7:33:20 PM PST · by fight_truth_decay · 9 replies ^ | January 29, 2012 | Nick Gillespie & Matt Welch
    What the end of a blue-chip company can teach us about the 2012 election.The human brain is capable of memorizing 67,890 digits of pi, composing side two of Exile on Main Street, and inventing a dog-to-human translation device called the Bowlingual. Yet, we often-brilliant, always-innovating bipeds find it impossible to imagine changing the trajectory of the world we think we live in by more than a few degrees at any given moment. Whatever dominates today we assume will dominate tomorrow. This is true for our private lives, this is true for commerce, and this is especially true for politics. Tectonic...
  • Kodak and the Post Office (Thomas Sowell)

    01/09/2012 11:41:58 AM PST · by jazusamo · 68 replies
    Creators Syndicate ^ | January 10, 2012 | Thomas Sowell
    The news that Eastman Kodak is preparing to file for bankruptcy, after being the leading photographic company in the world for more than a hundred years, truly marks the end of an era. The skills required to use the cameras and chemicals required by the photography of the mid-19th century were far beyond those of most people — until a man named George Eastman created a company called Kodak, which made cameras that ordinary people could use. It was Kodak's humble and affordable box Brownie that put photography on the map for millions of people, who just wanted to...
  • Sell Kodak before it’s bankrupt

    01/08/2012 6:02:31 PM PST · by Hojczyk · 42 replies
    Market Watch ^ | January 6,2012 | David Trainer
    Investors who have not yet sold their holdings in EK should get out while they still can. Management must have known about the massive gap between the company's assets and liabilities for some time, at least a year or more. Given that they have not, in this time, been able to monetize the company's patent portfolio at a level that could save the company, it is fair to assume that the court-supervised auction dictated by Chapter 11 bankruptcy will not do much better. Instead, we can expect a fight from the company's employees for as much of the benefits promised...
  • A Perfect Kodak Moment Of Creative Destruction (The Iconic Film Company Might File for Bankrupcy)

    01/06/2012 7:01:32 AM PST · by SeekAndFind · 26 replies
    IBD ^ | 01/06/2012
    Bankruptcy: News that Eastman Kodak may file for bankruptcy brought a flood of nostalgia for the venerable company. But Kodak's demise underscores the unique strength of our free-market economy — its constant renewal. Sixty-two years after Kodak was founded, economist Joseph Schumpeter popularized the term "creative destruction" to describe a key function of free market economies. "New consumers, goods, the new methods of production or transportation, the new markets, the new forms of industrial organization" were, he said, constantly creating new industries and new companies, while destroying old ones. Now, 70 years after Schumpeter put his finger on this phenomenon,...
  • Kodak Preparing for Chapter 11 Filing (Kodak CEO Antonio Perez is member of Obama's Jobs Council...)

    01/04/2012 3:38:53 PM PST · by jimbo123 · 33 replies
    Wall Street Journal ^ | 1/4/12 | MIKE SPECTOR And DANA MATTIOLI
    Eastman Kodak Co. is preparing for a Chapter 11 bankruptcy-protection filing in the coming weeks should efforts to sell a trove of digital patents fall through, people familiar with the matter said. The struggling photography icon, which employs about 19,000 people, is in discussions with potential lenders for around $1 billion in so-called debtor-in possession financing that would keep it afloat during bankruptcy proceedings, the people said. A filing could occur as soon as this month or early February, one of the people said. A Kodak spokesman said the company "does not comment on market rumor or speculation."
  • Kodak shares plunge as bankruptcy fears escalate

    10/03/2011 8:48:51 AM PDT · by Daffynition · 33 replies
    YahooFinance ^ | Sep 30, 2011 | MICHAEL LIEDTK
    Investors dumped Eastman Kodak's stock Friday amid fears that the photography pioneer is headed toward bankruptcy. After its stock lost more than half its value in a volatile day of trading, Kodak tried to paint a rosier picture. "Kodak is committed to meeting all of its obligations and has no intention of filing for bankruptcy," the company said in a statement. The reassurance lifted Kodak shares in extended trading, but the rebound wasn't enough to undo the damage sustained in a brutal week for a hallowed name in U.S. business.

    10/03/2011 9:26:07 AM PDT · by shortstop · 123 replies ^ | 10/03/11 | Bob Lonsberry
    My work is done. Those words were some of the last penned by George Eastman. He included them in his suicide note. They mark an ignoble end to a noble life, the leave taking of a truly great man. The same words could now be said for the company he left behind. My work is done. For all intents and purposes, the Eastman Kodak Company is through. It has been mismanaged financially, technologically and competitively. For 20 years, its leaders have foolishly spent down the patrimony of a century’s prosperity. One of America’s bedrock brands is about to disappear, the...

    09/17/2011 3:17:24 PM PDT · by SWAMPSNIPER · 68 replies · 3+ views
    self | Sept 17, 2011 | swampsniper
    Most of the junque at the thrift shop today was either terminal or overpriced. I'll let it sit until they get tired of looking at it!I found this little guy way back in the showcase, it works!Pony 135 Production: 1950-1954 Film format: 135, 24x35mm frames Shutter: Kodak Flash 200 1/25 - 1/200 (M sync only) Lens: Kodak Anaston 51mm f/4.5 - f/22 Can't lose for 3 bucks!
  • Kodak Is Suing RIM And Apple For $1 Billion (patent infringement)

    03/25/2011 9:10:30 AM PDT · by Erik Latranyi · 12 replies
    Business Insider ^ | 25 March 2011 | Pascal-Emmanuel Gobry
    Kodak is suing RIM and Apple to get royalty payments relating to patents, and a decision should come down today, Bloomberg says. Kodak's CEO has said that he expects to get licensing payments totaling $1 billion.A Kodak VP writes us: "the U.S. International Trade Commission is expected to announce whether it will review an initial determination from an ITC judge which suggested that Apple’s iPhone and RIM’s BlackBerry don’t infringe Kodak’s patent. If the ITC's full Commission decides to review the earlier ruling, then another process would begin at the ITC, in which the full Commission will ultimately decide if...
  • Kodak takes famous film out of picture (Kodachrome)

    06/22/2009 2:34:46 PM PDT · by Paleo Conservative · 43 replies · 5,348+ views
    Financial times ^ | June 22 2009 19:00 | Last updated: June 22 2009 19:00 | Alan Rappeport i
    Kodak has closed one of its oldest and most famous product lines, in the latest sign of the film business fading away against the onslaught of digital photography. The US-based group on Monday said it would cease production of Kodachrome, the line of professional quality film that was first developed in 1935 and became one of the company’s pre-eminent brands, known for stunning colours and sharpness. Kodachrome captured some of the world’s most well-known images, including the 1984 photograph ‘Afghan Girl’ of a refugee with a torn red scarf and striking green eyes, which was on the cover of National...
  • Kodak To Cut Up To 4,500 Jobs After $137m Loss (Obama's Fault)

    01/29/2009 11:31:59 AM PST · by an amused spectator · 25 replies · 586+ views
    Times Online (UK) ^ | January 29, 2009 | Christine Seib (New York)
    Eastman Kodak will cut as many as 4,500 jobs this year in the latest round of restructuring at the famous American photography group. The company made a preliminary fourth-quarter loss of $137 million (£95 million) from its continuing operations, compared with a profit of $215 million in the same three months of 2007.
  • Obama: 'Sober meeting' with business leaders

    01/29/2009 11:23:19 AM PST · by Sammy67 · 55 replies · 1,802+ views
    THE WASHINGTON TIMES ^ | 1/28/09 | Richard C. Gross
    President Obama held a "very sober meeting" about the economy with 10 of the nation's business leaders at the White House Wednesday as the House debated his proposed $825 billion economic stimulus package. "They understand when it comes to rebuilding our economy, we don't have a moment to spare," Mr. Obama said of the chief executive officers attending the meeting. "They are looking for action from Washington, bold and swift." Mr. Obama characterized them as being "on the frontline of people who are seeing enormous problems in the economy right now" and said the economic difficulties were a reason for...