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Eastman Kodak Company (“Kodak”) 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 Company has made pioneering investments in digital and materials deposition technologies in recent years, generating approximately 75% of its revenue from digital businesses in 2011. Kodak has obtained a fully-committed, $950 million debtor-in-possession credit facility with an 18-month maturity from Citigroup to enhance...

Facebook, an 800+ million users social network, at its ongoing media event announced its Open Graph program plans where it has teamed up with 60 developer partners. The apps it will bring to its users’ timelines. The company has teamed to roll out the apps for its users that will encourage to tell their friends more that what they’re doing, like buying a scarf...

Zynga, a social network game company confirmed the names of all those four small mobile game companies it has recently acquired. The company’s top mobile executive David Ko told reuters that it had acquired the companies in recent months. The company acquired Hanover based GameDoctors in December, San Francisco based Page44 Studios in September, another San Francisco based HipLogic in August and New York based Astro Ape Studios. It did not disclose the sums paid for those companies. GameDoctors created mobile game ZombieSmash, Page44...

Facebook at their f8 developers’ make some major announcements including their newest improvements to Facebook communication – group chat and video calling. With a most-messaged friend list, it’s much quicker and easier to find your favourite friends. The list of these friends will appear automatically when the browser windows is wide enough. Earlier reports suggest that Facebook is going to rollout a streaming media platform and corresponding buttons to boost sharing – “Read. Watch. Listen”. The newly redesigned homepage...

In wake of SOPA and PIPA protest, we have seen a lot of ups and downs from the last many days, protest comments all around.  On January 18 – the day we termed it as “Internet Blackout Day”, through the different websites mediums, we have come across the real shape of the protest we are into in it. According to different websites medium, the petition numbers...

Google, the world’s search engine giant, asked its user to sign a petition protesting against the two anti-piracy laws – SOPA and PIPA circulating in Congress. On the terms of signing the petition, the company produced 4.5 million signatures on their anti-SOPA petition, Google spokeswoman confirmed. The petition which was available via a link from Google’s homepage,...

January 18, as we have seen as the internet’s big protest day against SOPA and PIPA, hundreds of websites blackout for a day; including the big names like Google, Wikipedia, BoingBoing and many more. There was even plenty of discussion about the issue on Twitter, especially the company tweeted that there were more than 2.4 million SOPA-related tweets between midnight and 4pm Eastern time. The top terms were SOPA, Stop SOPA and PIPA. Tell congress, and the hashtag #factswithoutwikipedia. Wikipedia join the protest with other major websites,...

Nielsen, a global marketing and advertising company, released its report over US consumers’ smartphone choice. The research states that the Apple iPhone 4S in the Fall has an enormous impact on the proportion of smartphone owners who chose an Apple iPhone. The findings, target on those who’ve purchased a smartphone in the past three months – among recent phone...

With the Apple’s next iPad – the “iPad 3” in the series, expected to go on sale in March, the company starts modelling up its production this month in Asia. With its debut in 2010, company’s CEO Tim Cook towards pointing out on the new model stated that iPad emerged as the company’s second-biggest source of revenue, after iPhone. The new tablet will comes with a quad-core chip, an enhancement that lets users jump more quickly between application, a next generation wireless networks and much more, mentioned by the people who...

According to the International Research Firm Park Associates report confirmed that Women’s digital media habits outpaced men’s in 2011. Women share more content digitally and also download more movies and music than men. It even also found out that women have higher purchase intension than men for almost all of the popular consumer electronic devices, with almost...