After more than 130 years, Eastman Kodak warns of potential bankruptcy due to significant debt and a struggling business model. Explore the company's history and its uncertain future in the photography industry.
Eastman Kodak warns investors of possible insolvency as it struggles with $500 million in upcoming debt. The company plans to halt pension payments in a bid to raise cash amidst a turbulent business landscape.
George E. Smith, a pivotal figure in the development of digital photography and CCD technology, passed away at 95. His groundbreaking work at Bell Labs transformed how we capture images, from everyday photos to deep space explorations.