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Kodak Officially Files for Chapter 11 Bankruptcy Protection

posted by Pedro CubiasPedro Cubias 2008 days, 22 hours, 26 minutes ago
Friday, January 20, 2012 12:02:41 PM GMT
Imaging company Kodak has filed for Chapter 11 Bankruptcy protection. The news comes a little over a fortnight after the Wall Street Journal cites sources that said Kodak would file before the end of January. According to the filing, which was obtained by the folks over at the Verge, Kodak had $5.1 billion in assets and $6.75 billion in debt as of September 30th, 2011. (more)
category: technology | clicked: 0 | comment | | source: www.tomsguide.com
tags: bankrupt, Business, cameras, chapter 11, debt, digital cameras, dslrs, eastman kodak, kodak
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Sony Ericsson swallows $317 million pre-tax loss as end draws near

posted by Pedro CubiasPedro Cubias 2010 days, 52 minutes ago
Thursday, January 19, 2012 9:36:55 AM GMT
Sony Ericsson's tearful breakup continues with more woe as as the venture had to eat a pre-tax loss of €247 million (roughly $317 million). Bosses cited "unfavorable macro-economic conditions" and the Thai flooding as the reasons for the loss. Ericsson probably won't mind having such an unfavorable penultimate quarter with the company, given that it's set to receive €1.05 billion (around $1.9 billion) when Sony buys out its share of the joint telecoms business within the next month. (more)
category: technology | clicked: 0 | comment | | source: www.engadget.com
tags: Business, Buyout, Calamity, ericsson, loss, mobilepostcross, Pre Tax Loss, PreTaxLoss, sony, Sony Ericsson, sonyericsson, Thai Floods, ThaiFloods, Thailand, Thailand Flooding, Thailand Floods, ThailandFlooding, ThailandFloods
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Kodak files Chapter 11 bankruptcy, expects to complete restructuring by 2013

posted by Pedro CubiasPedro Cubias 2010 days, 54 minutes ago
Thursday, January 19, 2012 9:34:34 AM GMT
Apparently suing Samsung (again) wasn't the only pressing business for Kodak today, as it just announced it has -- as expected -- filed for Chapter 11 business reorganization in New York. You can read the details in the press release after the break or at the Kodak Transforms website, where Chairman and CEO Antonio Perez is quoted saying he hopes Kodak will "emerge a lean, world-class, digital imaging and materials science company". (more)
category: industry | clicked: 0 | comment | | source: www.engadget.com
tags: bankruptcy, bankruptcy protection, BankruptcyProtection, breaking news, Business, chapter 11, chapter 11 bankruptcy, Chapter11, Chapter11Bankruptcy, IP, kodak, lawsuit, patents, restructuring
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A Scorned George Lucas is Retiring from Hollywood

posted by Pedro CubiasPedro Cubias 2010 days, 1 hour, 2 minutes ago
Thursday, January 19, 2012 9:26:35 AM GMT
Ok, we're sorry, George, for bashing the prequels. We're sorry for ridiculing you over hacking the original flicks with added CGI, revised scenes and so on. Honestly, we didn't mean to hurt your feelings and push you into retirement. Did you ever stop think that maybe we were just trying to send you a message to leave it all alone? It was great. It was perfect. We consumed it like kids at an all-you-can-eat chocolate buffet. Revisions and additions just weren't necessary.... and neither is 3D. (more)
category: industry | clicked: 0 | comment | | source: www.tomsguide.com
tags: Business, Digital Entertainment, George-Lucas, lucasarts, Retiring, Star Wars, The Old Republic
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Samsung looks to borrow $1 billion to expand production capacity in Austin, Texas

posted by Pedro CubiasPedro Cubias 2012 days, 1 hour, 2 minutes ago
Tuesday, January 17, 2012 9:26:45 AM GMT
When you're producing chips for the iPad and iPhone, you need a serious facility to meet those demands. And evidently, Samsung's not foreseeing its legal battles with Apple to cause any wrinkles in said plans. In fact, Bloomberg is reporting that Sammy has "sent requests for proposals to banks to borrow as much as $1 billion to expand production capacity at its factory in Austin, Texas," with the bonds to be issued by Samsung's US unit. It's bruited that the company (more)
category: technology | clicked: 0 | comment | | source: www.engadget.com
tags: Austin, Business, chi, cpu, debt, economy, expansion, Industry, microprocessor, processor, Production, Samsung, samsung semiconductor, SamsungSemiconductor, semiconductor, silicon, texas
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Dish Network to close more Blockbusters than originally anticipated, CEO confirms

posted by Pedro CubiasPedro Cubias 2015 days, 23 hours, 51 minutes ago
Friday, January 13, 2012 10:37:31 AM GMT
Dish Network's curious Blockbuster project appears to be sputtering a bit, now that the company has confirmed that it will shutter more stores than originally anticipated. Speaking to Reuters at CES today, Dish Network CEO Joe Clayton confirmed that his company plans to close all Blockbuster shops that aren't turning a profit, and that some of the remaining stores will be converted into Dish customer service outlets. (more)
category: technology | clicked: 0 | comment | | source: www.engadget.com
tags: blockbuster, Business, Cable, CES, ces 2012, Ces2012, dish network, DishNetwork, hdpostcross, Industry, joe clayton, JoeClayton, Money, profit, retail, video
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Leo's Out! Meg Whitman Has Been Appointed HP CEO

posted by Pedro CubiasPedro Cubias 2128 days, 9 hours, 8 minutes ago
Friday, September 23, 2011 1:20:39 AM GMT
In a not-at-all-surprising follow up to yesterday's news that the HP Board of Directors intended to express their displeasure with then-current CEO Leo Apotheker by sacking him, the news was made official today after the close of the NYSE. Apotheker has officially been removed from his position and replaced by rumored front-runner for the job, HP board member and former eBay CEO Meg Whitman. He will also be resigning as director. (more)
category: technology | clicked: 0 | comment | | source: www.tomshardware.com
tags: Business, Business Computing, Hewlett Packard, hp, leo apotheker, meg whitman, touchpad
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Obama Signs Dramatic U.S. Patent Reform Into Law

posted by Pedro CubiasPedro Cubias 2134 days, 1 hour, 15 minutes ago
Saturday, September 17, 2011 9:13:35 AM GMT
Today, President Obama signed the America Invents Act into law, formally bringing an end to more than two centuries of American patent law. Once the law takes effect, the "first to invent" standard previously used to determine patent ownership - roughly put, the person who can demonstrate by combination of conception and attempt to put their concept into practice is likely to be declared patent holder in the event of a filing conflict - will be replaced by a version of the "first to file" system favored ... (more)
category: technology | clicked: 0 | comment | | source: www.tomshardware.com
tags: Business, first to file, first to invent, obama, patent, reform
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Intel Creates $300 Million Fund to Make Ultrabooks

posted by Pedro CubiasPedro Cubias 2171 days, 24 minutes ago
Thursday, August 11, 2011 10:04:33 AM GMT
There's a new segment of portable PCs coming soon, and they're called Ultrabooks. Intel took the wraps off of the design direction at Computex 2011 for exceptionally thin-and-light notebooks that take many design cues from Apple's MacBook Air. (more)
category: technology | clicked: 0 | comment | | source: www.tomshardware.com
tags: Business, capital, fund, intel, investment, notebook, ultrabook
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One Million Robots to Take Over Jobs of Foxconn Workers

posted by Pedro CubiasPedro Cubias 2174 days, 13 hours, 51 minutes ago
Sunday, August 07, 2011 8:38:01 PM GMT
Foxconn's employment practices often make the news and the company last week hit the headlines once again. This time, it's the company's intention to use robots to replace some of its staff that has chins wagging. (more)
category: technology | clicked: 0 | comment | | source: www.tomshardware.com
tags: Business, foxconn, Foxconn Robots, One Million, Staff, Terry Gou, Workers
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Bethesda Suing Minecraft Developer Over "Scrolls"

posted by Pedro CubiasPedro Cubias 2176 days, 3 hours, 53 minutes ago
Saturday, August 06, 2011 6:36:03 AM GMT
Bethesda has reportedly sent a letter (photo) to Minecraft creator Markus "Notch" Persson and his studio Mojang in regards to using the term "Scrolls" as their next game title. According to the Skyrim developer, the title infringes upon its own "The Elder Scrolls" trademark and could possibly stir up some confusion when the fifth Elder Scrolls installment launches in November. (more)
category: technology | clicked: 0 | comment | | source: www.tomshardware.com
tags: Bethesda Game Studios, Business, markus persson, Minecraft, Mojang, Scrolls, Skyrim
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Google Estimated to Have 900,000 Servers

posted by Pedro CubiasPedro Cubias 2180 days, 37 minutes ago
Tuesday, August 02, 2011 9:52:06 AM GMT
Based on the estimated electricity use of Google's data centers published by Jon Koomey, Data Center Knowledge believes that Google currently runs about 900,000 servers to power its empire. (more)
category: technology | clicked: 0 | comment | | source: www.tomshardware.com
tags: Business, electricty use, google server count, power consumption
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Apple Details Q3 Earnings, Has Best Quarter Ever

posted by Pedro CubiasPedro Cubias 2192 days, 1 hour, 17 minutes ago
Thursday, July 21, 2011 9:12:12 AM GMT
Apple has attracted a lot of attention for its MacBook Air refresh and the launch of Lion but the company also announced earnings for its third fiscal quarter this past Tuesday. The Cupertino-based company posted record quarterly revenue of $28.57 billion and record quarterly net profit of $7.31 billion, or $7.79 per diluted share. These results compare to revenue of $15.70 billion and net quarterly profit of $3.25 billion, or $3.51 per diluted share, for the same period last year. (more)
category: technology | clicked: 0 | comment | | source: www.tomshardware.com
tags: apple, Apple Earnings, Business, revenue, Sales, Third Quarter
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Quad-Core CPUs in Half of All Notebooks in 2015

posted by Pedro CubiasPedro Cubias 2199 days, 31 minutes ago
Thursday, July 14, 2011 9:58:03 AM GMT
About 49 percent all notebooks shipped in 2015 are predicted to come with quad-core processors, up from 9 percent this year. The market research firm estimates that 160 million notebooks in 2015 will offer four cores, compared to just 21.2 million in 2011. (more)
category: technology | clicked: 0 | comment | | source: www.tomshardware.com
tags: Business, cpu gpu, hexa core cpu, notebook, quad core cpu
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Power Consumption Solved: Magnetic Processors

posted by Pedro CubiasPedro Cubias 2207 days, 1 hour, 31 minutes ago
Wednesday, July 06, 2011 8:57:33 AM GMT
The basic idea is to simply eliminate the flow of electrons, the ultimate source of power consumption. Researchers at the University of California at Berkeley said that magnetic processors could work without the need of electrons and function near the minimum power limit allowed by the second law of thermodynamics (Landauer limit). (more)
category: technology | clicked: 0 | comment | | source: www.tomshardware.com
tags: Business, processor memory power consumption magnet
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Sprint wants enterprise customers to consider WiMAX, ditch the T-1

posted by Pedro CubiasPedro Cubias 2215 days, 2 hours, 4 minutes ago
Tuesday, June 28, 2011 8:24:40 AM GMT
Sprint seems to think its 4G tech would make an excellent replacement for the old-school T-1 lines many businesses have been relying on to keep them connected to the web since the 1970s. You may remember that WiMAX was originally pitched as a "last mile" solution as well as the next generation of mobile broadband. Well, the wireless carrier rocking black and yellow is taking the plunge on fixed-access 802.16 and targeting (more)
category: technology | clicked: 0 | comment | | source: www.engadget.com
tags: 4G, Business, enterprise, last mile, LastMile, sprint, t1, t-1, t-1 connection, T-1Connection, wimax
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Google to Face Federal Antitrust Probe

posted by Pedro CubiasPedro Cubias 2217 days, 1 hour, 32 minutes ago
Sunday, June 26, 2011 8:57:10 AM GMT
The FTC has launched a probe into Google and its behavior in the search market. The Wall Street Journal yesterday reported that the Federal Trade Commission was poised to issue subpoenas to the search giant, launching the formal investigation into the company’s dominance in web search advertising. (more)
category: technology | clicked: 0 | comment | | source: www.tomshardware.com
tags: Antitrust-Probe, Business, Federal Trade Commission, google, Google Antitrust
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Microsoft Loses $290 Million in Patent Battle Fail

posted by Pedro CubiasPedro Cubias 2231 days, 2 hours, 52 minutes ago
Sunday, June 12, 2011 7:37:18 AM GMT
The Supreme Court decided that Microsoft would have to pay the $290 million charge that a jury deemed suitable for a patent infringement against Toronto-based software company i4i. (more)
category: technology | clicked: 0 | comment | | source: www.tomshardware.com
tags: Business, i4i, microsoft, msft, patent, word, xml
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Report: Microsoft to Buy Nokia Mobile Division

posted by Pedro CubiasPedro Cubias 2257 days, 3 hours, 52 minutes ago
Tuesday, May 17, 2011 6:37:01 AM GMT
The latest scuttlebutt says Microsoft has its eye on Nokia and the two companies will be entering discussions next week. If fruitful, they would see Nokia’s mobile phone division sold to Microsoft. The source of these reports is Russian blogger Eldar Murtazin. Murtazin focuses mostly on phones and has a pretty decent track record. (more)
category: technology | clicked: 0 | comment | | source: www.tomshardware.com
tags: acquire, Business, microsoft, nokia, purchase, talks
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AMD Hints at Possible ARM Partnership

posted by Pedro CubiasPedro Cubias 2278 days, 3 hours, 19 minutes ago
Tuesday, April 26, 2011 7:09:50 AM GMT
The event will take place in Bellevue, WA, which is Microsoft's neighborhood and the home of a huge software developer community. Plus, AMD told us, the weather is "heavenly" at this time of the year in the Seattle area, which made it an overall better place for this event than Silicon Valley. (more)
category: technology | clicked: 0 | comment | | source: www.tomshardware.com
tags: AMD, apu, arm, Business, developer conference, fusion
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