News Byte

Kodak to Stop Making Cameras

Eastman Kodak Company has said it will stop making digital cameras, pocket video cameras and digital picture frames in the first half of 2012, in an effort to achieve annual operating savings of more than $100 million. Rochester, N.Y.-based Kodak says it plans to expand its current brand-licensing program instead, and that it will continue to produce retail-based photo kiosks, inkjet printers, online photo gallery and apps, and camera batteries and accessories. The announcement comes a few weeks after the iconic camera company filed for Chapter 11 bankruptcy protection.

Treemo’s Appafolio Turns Brochures Into Offline Apps

A Seattle-based start-up has launched an app maker for business users and marketing professionals.
AppafolioIPAD

News Byte

Atlantic Media Officially Announces Unnamed “Global Business Brand” Site

As AllThingsD previously reported, Atlantic Media will be launching a new “digital global business brand,” a site that will be helmed by WSJ.com managing editor Kevin Delaney. There is no name for the site, but the media company said it “will provide high-quality content and services to business executives navigating the increasingly complex global economy.”

News Byte

LinkedIn Nabs Dow Jones Exec in Asia

LinkedIn has hired Olivier Legrand to run its advertising business in the Asia Pacific region, where the business networking site has more than 20 million members. Legrand has most recently been running digital initiatives in Asia for News Corp.’s Dow Jones, including The Wall Street Journal.

GoGo Goes for IPO

Stock symbol? You guessed it: GOGO.
GoGo

LinkedIn Will Price at $45 a Share (Yes, That Would Be a $4.5B Valuation)

According to a press release about to post, LinkedIn will price its shares at $45 each in its IPO tomorrow. The price, at the top of its range, will give the Silicon Valley business networking company a $4.5 billion valuation.

Confirmed: Microsoft Will Announce Acquisition of Skype Tomorrow Morning

The Wall Street Journal reported earlier tonight that Microsoft–in what would be its most aggressive acquisition in the digital space–was zeroing in on buying Skype for $8.5 billion all in. Sources told BoomTown tonight that the deal for the online telephony and video communications giant is actually done and will be announced early tomorrow morning.

Staplers, Anyone? Even More Daily Deal Sites Emerge, This Time Targeting the Enterprise.

The group-buying space has rapidly expanded from offering general items such as spa treatments and restaurant discounts to items aimed at more refined niches, like families and travel. There’s even the Chosen Deals for Jewish singles on JDate. Another emerging category is now targeting small-to-medium-size businesses.

Exclusive: Yahoo Nabs Microsoft Exec Brett Wayn to Help Local Efforts

After it struck its online advertising and search partnership with Yahoo, Microsoft tapped longtime Internet exec Brett Wayn to work with Greg Nelson durung the integration. Well, Wayn must have liked what he saw at the Silicon Valley Internet giant, since he is bouncing there from his job at the Redmond, Wash. software giant to run local efforts at Yahoo.

Google Tweet-Bashes Nokia Again, but Will Elop Get the Last #Laugh?

This time it’s Tim Bray casting stones in a since-deleted tweet. However, the real problem for Nokia and Microsoft isn’t Google’s words. It’s Android and its growing share of the smartphone market.

One in Five to Own Tablet by 2014, Poll Finds