Christopher Veronda News
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Eastman Kodak Co., the bankrupt photography company, was sued by Japan’s Kyocera Corp. for allegedly infringing more than a dozen U.S. patents with its printers and digital cameras.
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Eastman Kodak Co., the bankrupt photography company, was sued by Japan’s Kyocera Corp. for allegedly infringing more than a dozen U.S. patents with its printers and digital cameras.
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Microsoft Corp., the world’s biggest software maker, asked a U.K. judge to invalidate Motorola Mobility’s European patent protection for synchronizing message statuses across multiple devices.
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Apple Inc. and Google Inc. have joined forces to offer more than $500 million to buy Eastman Kodak Co.’s patents out of bankruptcy, said people familiar with the situation.
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Eastman Kodak Co., the unprofitable 131-year-old imaging company, adjusted its management structure and created a chief operating office to reduce costs as its sales decline and cash reserves dwindle. The stock soared.
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The U.S. Trustee overseeing Eastman Kodak Co.’s bankruptcy was asked to probe the photography pioneer’s patent auction by a New York hedge fund, which said the “unusually secretive” bidding process wasn’t likely to benefit creditors.
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Eastman Kodak Co. fell the most in more than two years after the 131-year-old camera maker drew down $160 million from its revolving bank line.
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The U.S. Trustee overseeing Eastman Kodak Co.’s bankruptcy was asked to probe the photography pioneer’s patent auction by a New York hedge fund, which said the “unusually secretive” bidding process wasn’t likely to benefit creditors.
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Eastman Kodak Co. may hold patents worth five times more than the business itself, making the 131- year-old camera company a target in the billion-dollar hunt for inventions used in mobile phones.
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A U.S. appeals court temporarily halted enforcement of Alabama laws requiring unregistered immigrants to carry documentation and forcing schools in the state to track students’ immigration status.
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