Kodak News; Oct. 8 – 12

History in the making….. There was big news on Wednesday that Kodak wants to end its retiree health care and benefits at the end of the year. This is a result of negotiations between a retiree committee that was set up by the Bankruptcy Court and Kodak. This all depends on the approval of the …

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Kodak News; Oct. 1 – 5

History in the making… Many Rochester area Kodak employees got their lay-off notices on Tuesday. Kodak wouldn’t give a specific number. Most were probably employees related to the home inkjet printer business that Kodak has decided to discontinue. On Monday, Kodak announced that they would discontinue their black & white T-MAX P3200 Professional film that …

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Kodak News; Sept. 24 – 28

There wasn’t any Kodak news until Friday. Then Kodak made the announcement that they would phase out their consumer injet printers by spring 0f 2013. They would continue making ink for those printers that are currently in people’s homes. That would be the last of the consumer products that Kodak had been selling. The discontinued …

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Kodak News; Sept. 17 – 21

History in the making… Kodak employees who earlier this year lost the option of taking a lump-sum pension payment upon retirement won’t get that option back this year. Kodak said that an evaluation of the Kodak Retirement Income Plan (KRIP) shows that it is currently 74 percent funded. According to Kodak, as long as the …

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Kodak News; Sept. 10 – 14

History in the making… On Monday, Kodak says they have cut approximately 2,700 employees worldwide since the beginning of the year and plans to eliminate roughly 1,000 more by the end of the year. That is expected to  save the company about $330 million. They didn’t elaborate on where those jobs being cut would come …

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Kodak News; Sept. 3 – 7

History in the making… Kodak announced a new scanning and workflow product this week called “Info Activate Solution.” It is for businesses that want to quickly move paper documents to digital format. This product works in conjunction with Microsoft’s “SharePoint 2010.” Microsoft says that SharePoint “can set up Web sites to share information with others, manage …

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Digital Camera Inventor

As Kodak exits the digital camera market, it is time to hear from Steve Sasson, who while working at Kodak invented the digital camera. His 8 pound camera system took the first digital photo in Dec. 1975. It had a resolution of 10,000 pixels (.01 megapixels). Kodak sold their first professional digital camera in 1991 …

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Kodak News; Aug. 27 – 31

History in the making… At this week’s bankruptcy hearing Kodak asked for and received an extension on the sale of the digital imaging patents. This makes 2 extensions that they have received. Kodak now has until September 7th to announce who the patents were sold to and for how much. On Wednesday, Kodak filed their …

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Kodak News; Aug. 20 – 24

History in the making… On Thursday, Kodak announced it will try to sell off its Personalized Imaging and Document Imaging businesses. The Personal Imaging businesses includes 105,000 Kodak kiosks and the traditional photographic paper and still camera film products. The Document Imaging business includes scanners and capture software. This sad news means that Kodak film …

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Kodak News; Aug. 13 – 17

History in the making… On Monday, the 11th, Kodak was supposed to announce the winner of the auction of Kodak’s digital patents. Instead they announced that the auction would be extended. The auction is totally closed but that didn’t stop the speculation from stopping. News outlets repeated an article from the Wall Street Journal from …

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