Eastman Kodak news stories on Newser

Kodak Couldn't Really Have Made Nuclear Warhead

Evann Gastaldo — Wed, 16 May 2012 14:11:05 CDT

Much was made of the revelation this week that Kodak once had a nuclear reactor in its basement, with even your humble Newser wondering what sort of nuclear Kodak moments the photo giant might have planned. But in truth, Kodak couldn’t have developed even one nuclear warhead, Physics Central explains....

In Kodak's Basement: Nuclear Reactor

Matt Cantor — Mon, 14 May 2012 10:31:14 CDT

Would nuclear war have made a good Kodak moment? Until 2006, the company could have found out: It had 3.5 pounds of weapons-grade uranium stashed in a nuclear reactor in the basement of its headquarters—right in the busy city of Rochester, New York. It remains unclear why the...

Instagram Should Send Kodak a Thank You Card

Kevin Spak — Tue, 10 Apr 2012 12:25:05 CDT

Here's an irony for you: Instagram, a company that rose to prominence by adding filters to digital photos to make them look more like they were taken by a film camera, was just sold for $1 billion , while Kodak, the company that brought photography to the masses, is bankrupt , laments...

Kodak Is Done Making Cameras

Kevin Spak — Thu, 09 Feb 2012 09:25:45 CST

It's the end of an era: Eastman Kodak, the company that invented the hand-held camera, announced today that it intends to stop making them in an effort to save money—and yes, that includes digital cameras. It will also stop making pocket video cameras and digital picture frames, reports the...

Kodak Files for Bankruptcy

Rob Quinn — Thu, 19 Jan 2012 06:30:00 CST

The once-mighty Eastman Kodak company has filed for bankruptcy. The 131-year-old firm, unable to reinvent itself quickly enough for the digital age, filed for Chapter 11 bankruptcy protection this morning after running out of cash to fund its turnaround, the Wall Street Journal reports. The company says it has secured...

Why Is Kodak Going Bust? Blame Rochester

John Johnson — Fri, 13 Jan 2012 12:01:32 CST

Kodak is on the brink of going belly up, and the prevailing wisdom says that the company missed the boat on digital cameras and smartphones. "Rubbish!" writes Rich Karlgaard, who will after today be persona non grata at the local chamber of commerce, in the Wall Street Journal . He thinks...

Kodak Might File for Bankruptcy

John Johnson — Wed, 04 Jan 2012 18:44:31 CST

An American icon might soon go bust. The Wall Street Journal reports that Kodak is preparing to file for Chapter 11 bankruptcy protection. The former photography giant is trying to stave that off but is caught in a kind of Catch-22 noted by the Journal : It wants to avoid bankruptcy...

Obama's Job-Creation Team Full of Job Cutters

Matt Cantor — Mon, 10 Oct 2011 08:06:06 CDT

Tomorrow, President Obama will meet with his council of advisers on job creation; trouble is, many of its members seem to know more about cutting jobs than adding them. The head of American Express, for example, was appointed to the council days after AmEx cut 550 jobs—despite the firm...

We'll Miss You, Kodachrome

John Johnson — Wed, 28 Jul 2010 18:22:24 CDT

The last frames of Kodachrome film have largely been developed, yet another milestone in the transition from analog to digital, but this is no cause for celebration for Matt Zoller Seitz. Kodachrome photos had "something truly special" about them, he writes at Salon . "The dyes and emulsions produced an effect...