Top Stories
_____________________________________________
 Fat Jump Pro (By SID On)Developer: SID On Price: $0.99 Version Reviewed: 1.2 Download: here Requirements: Compatible with iPhone, iPod touch, and iPad.Requires iOS 4.0 or later. Located in the Warsow,Poland-SID on an independent mobile application developer has announced a recent update of Fat Jump Pro for the iPhone,iPad and iPod touch.Fat Jump Pro is a fast paced vertical arcade action for the iOS devices.Using the tilt controls the player must guide the jumping,little green hero (a healthy and crispy cucumber) up a never ending series of platforms... |
|
Latest Stories
______________________________________________
Thursday, 5 January 2012
Kodak bankruptcy planned as last ditch patent sell off begins
Do you like this story?
The camera and printer company, established in 1896, has been in trouble for a number of years, and despite inventing the digital camera in 1975 its focus on film and the budget side of the camera market contributed to its steady fall.
The newspaper report describes the filing as Chapter 11 bankruptcy protection which still could be avoided if the company succeeds in its sell off its patents, although you have to question aside from the printer business what the company would have left to keep its 19,000 employees in work.
If "people familiar with the matter" turn out to be right, the company could see an auction of its 1000 plus patents in a similar way to Nortel last year under an open bid and fair system.
That auction raised the company over $4.5bn, well over the estimated price after Google and a number of companies got caught in a bidding war.
Kodak has previously tried to sell off its patents before, however has failed to gain any interested because of worries that it would go into bankruptcy and therefore affect the sales.
This move should stave that worry, however even if the sale goes through, reaping the company an estimated $1bn in the process, it is unlikely to bring much help to the company moving forward.
Kodak's share price has been falling steadily since 1997 after it failed to embrace digital cameras quickly enough compared to the competition.
This post was written by: Irfan Jam
Irfan Jam is a professional blogger, web designer and front end web developer. Follow him on Facebook
0 Responses to “Kodak bankruptcy planned as last ditch patent sell off begins”
Post a Comment