HomeLatest ThreadsGreatest ThreadsForums & GroupsMy SubscriptionsMy Posts
DU Home » Latest Threads » Forums & Groups » Main » General Discussion (Forum) » Kodak moments are coming ...

Thu Feb 9, 2012, 12:47 PM

Kodak moments are coming to an end [View all]

The company that invented home photography has tossed in the towel on it.

Eastman Kodak, the bankrupt inventor of the hand-held camera, plans to stop making digital cameras, pocket video cameras and digital picture frames in the first half of 2012 in a bid to cut costs.

The move marks the end of an era for Kodak, which is seen as one of the biggest corporate casualties of the digital age, after it failed to quickly embrace modern technologies such as digital photography, a product that it also invented.

Kodak filed for bankruptcy protection last month. It said Thursday that its plan to stop making cameras and frames would mean “significant” job losses at the business, which employs 400 people, mostly in Rochester, N.Y.

http://bottomline.msnbc.msn.com/_news/2012/02/09/10362558-kodak-moments-are-coming-to-an-end

Sad to see this happen!

13 replies, 1917 views

Reply to this thread

Back to top Alert abuse

Always highlight: 10 newest replies | Replies posted after I mark a forum
Replies to this discussion thread
Arrow 13 replies Author Time Post
Reply Kodak moments are coming to an end [View all]
liberal N proud Feb 2012 OP
lumberjack_jeff Feb 2012 #1
WCGreen Feb 2012 #7
dionysus Feb 2012 #8
Odin2005 Feb 2012 #10
NewImproved Deal Feb 2012 #2
FredStembottom Feb 2012 #3
Tesha Feb 2012 #5
FredStembottom Feb 2012 #11
Tesha Feb 2012 #12
FredStembottom Feb 2012 #13
WhoIsNumberNone Feb 2012 #4
Tesha Feb 2012 #6
dionysus Feb 2012 #9