Kodak files for bankruptcy  

From Michael Kitchen, at MarketWatch:

Iconic U.S. photo-equipment maker Eastman Kodak Co. said early Thursday that the company and its U.S. subsidiaries filed for Chapter 11 bankruptcy.

The company will probably become a shell corporation to support its valuable patent portfolio after selling off its tangible assets. And then it will slowly fade away.

 
3
Kudos
 
3
Kudos

Now read this

eBay’s Full Year Report: “On average, PayPal added a million new accounts every month in 2011”

From eBay’s Full Year 2011 report: The company’s PayPal business continued to expand its leadership position in global payments. PayPal ended the quarter with 106.3 million active registered accounts, a 13% increase year over year. On... Continue →