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[20 Jan 2012 | No Comment | 1,231 supporters]
Eastman Kodak Company and Its U.S. Subsidiaries Commence Voluntary Chapter 11 Business Reorganization

Eastman Kodak Company (“Kodak” or the “Company”) announced today that it and its U.S. subsidiaries filed voluntary petitions for chapter 11 business reorganization in the U.S. Bankruptcy Court for the Southern District of New York.
The business reorganization is intended to bolster liquidity in the U.S. and abroad, monetize non-strategic intellectual property, fairly resolve legacy liabilities, and enable the Company to focus on its most valuable business lines. The Company has made pioneering investments in digital and materials deposition technologies in recent years, generating approximately 75% of its revenue from digital …

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[4 Jan 2012 | No Comment | 1,273 supporters]
Yahoo! Appoints Scott Thompson Chief Executive Officer

Yahoo! Inc. (NASDAQ: YHOO), the premier digital media company, today announced the appointment of Scott Thompson as Chief Executive Officer, effective January 9, 2012 , at which time Tim Morse will resume his role as Chief Financial Officer. Thompson has also been appointed to the Company’s Board of Directors, effective January 9, 2012.

Thompson served most recently as President of PayPal, a division of eBay, where he continued his established track record of growing businesses by driving customer engagement built on strong technology platforms. Under his leadership, PayPal solidified its lead …

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[11 Oct 2010 | One Comment | 3,803 supporters]
HTC 7 Surround, HTC 7 Mozart, HTC 7 Trophy, HTC 7 Pro and HTC HD7 unveiled

HTC Corporation, a global designer of smartphones and long-time Microsoft partner, today unveiled five new Windows Phone 7 smartphones: HTC 7 Surround, HTC 7 Mozart, HTC 7 Trophy, HTC 7 Pro and HTC HD7. This strong and diverse family of phones features Microsoft’s new Windows Phone 7 platform and embodies the stand-out design and innovation for which HTC has come to be known. Each new phone includes a variety of cutting-edge technologies and a series of unique HTC applications that can be accessed …