Kodak In Bankruptcy
Kodak is having a different kind of "Kodak Moment" lately as the photography pioneer filed for bankruptcy. Kodak sells off some of their patents to get a lifeline which amounted to $525 million but still fell short of the $2.6 billion target. Some of the companies that bid on the patents included Apple, Microsoft, Google, Facebook, HTC, BlackBerry-maker Research In Motion, Fujifilm and Huawei Technologies. How will this photography pioneering company do in the future?
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