Last month, the Eastman Kodak Company filed for bankruptcy and in an effort to survive has made a not so surprising announcement that it’s killing off the entire part of its business that sells digital cameras, digital frames, and pocket video cameras in hopes of saving $100 million a year. Kodak brought cameras to the […]
Tag Archives | digital cameras
Kodak Develops Plans For Bankruptcy
Photography giant Kodak appears to be headed for Chapter 11 bankruptcy in coming weeks, leading people to ask the obvious questions “How?” and “Why?” to the long-standing company. One popular theory blames the rise in popularity of cameras built into cellphones as the culprit. John Paul Titlow of ReadWriteWeb argues photography was a specialized hobby […]