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.

Kodak Considers Restructuring Chief, Sues Samsung

Eastman Kodak Co. is preparing to appoint a chief restructuring officer, a move that could help the company secure financing needed to stay afloat during bankruptcy proceedings, people familiar with the matter said.

Kodak Preparing for Chapter 11 Filing

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.

Kodak Seeks to Sell Online Photo-Sharing Business Kodak Gallery

In a bid to raise money to fund its turnaround, Eastman Kodak Co. is trying to sell its online photo-sharing business, Kodak Gallery, people familiar with the matter said.

Kodak Warns It Can’t Continue Operations Without Patent Proceeds or New Debt

Eastman Kodak Co. warned Thursday that it will have trouble staying in business if it can’t squeeze more money out of its patent portfolio or raise new funds by selling debt.

Kodak Licenses Patents to Imax

Eastman Kodak Co. has licensed a portion of its patents to big-screen movie specialist Imax Corp., in a deal that will provide it with some extra cash while it works to complete a large patent sale that is crucial to its turnaround.

Kodak Hires Restructuring Lawyers

Eastman Kodak Co. has hired law firm Jones Day for restructuring advice as it faces growing concerns from investors over its turnaround prospects, people familiar with the matter said.

Kodak Launches Sale of Patents

Eastman Kodak Co. has kicked off its patent sale, as the beleaguered imaging company seeks to ride the bull market for patents and capitalize on its intellectual property in the booming market for tablet computers.

Kodak Is Exploring Sale of Patent in Apple Lawsuit

Eastman Kodak Co. is exploring a sale of one the company’s crown jewels: the patent for previewing photographs currently being litigated against Apple Inc. and Research In Motion Ltd.

ITC Rules Against Kodak Patent Complaint

The International Trade Commission dealt a blow Monday to Eastman Kodak Co., ruling against the company in its patent-infringement complaint against Apple Inc. and Research In Motion Ltd.

Kara Visits Kodak, Part 1