business archives (106 posts)
Business news: Arrests at Olympus, nearly $1 billion for Kodak, February 16, 2012
And now time for business updates on the two former Four Thirds leaders that have fallen on hard times in recent years (for different reasons)... OlympusGate has entered a new stage today, with Japanese authorities arresting seven, including a former...
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Apple sues Kodak over patents (going after non-cancelled products), February 15, 2012
Working employees to death is not enough for Apple. Now they are trying to sue Kodak to death. Apple has launched a brand new patent infringement lawsuit against Kodak, going after some of their remaining not-cancelled products says Bloomberg and...
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Silver Lining: Olympus camera business losses are improving, February 13, 2012
Olympus announced their latest quarterly and fiscal year financial results, and the camera division has a big silver lining: the losses are not as bad as they used to be! The latest trio of E-Pens is partially credited for the...
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Kodak will stop making digital cameras (phase out by June 2012), February 9, 2012
As a continuation of the financial troubles at Kodak, we now have news that the company will stop making digital cameras. Details at CNet and a variety of other websites (see via Techmeme). Check the Kodak press release announcing this...
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Sigma has a new CEO, the son of their founder, February 6, 2012
Sigma has announced the appointment of a new CEO, Kazuto Yamaki, the son of founder Michihiro Yamaki who passed away in January 2012. Kazuto was the COO (Chief Operating Officer) since November 2005. Press releases at X3 Magazine, Photography Blog,...
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Yahoo layoffs impact Flickr (reactions in the photo-blogo-sphere), February 1, 2012
A new round of layoffs at Yahoo has impacted Flickr! Reaction and discussion of this development by former Flickr engineer Nolan Caudill and Thomas Hawk (check bottom of his post for newer updates) and Pixiq. Some technology sites chimed in...
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Panasonic and Samsung rumored to propose capital ties with Olympus, January 31, 2012
New updates at Reuters on the Olympus saga. These are short alerts at this point in time based on Japanese newspaper reports: one update says that Panasonic and Samsung will independently propose capital ties with Olympus, while another update says...
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Fuji sold 100,000 Fuji X100 (as of Dec-31-2011), January 30, 2012
Fuji has also released their financial results. Overall, the company stock is getting hammered because they have cut operating and net profit estimates going forward (see Reuters). On the digital camera front, according to their quarterly presentation (direct link to...
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Polaroid brand owner licenses name to a billion different companies, January 30, 2012
The company that owns the rights to the Polaroid brand has reached a variety of agreements at CES 2012 with at least three different companies making Polaroid-branded gear, including Sakar-Vivitar. Details at TWICE. (Please note the TWICE website has a...
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Canon President will step down as company posts latest results, January 30, 2012
It is once again earnings season, and Canon's financial results were not eventless. The company has announced that their President decided to step down on/by March 29, 2012. Power will now be consolidated in the hands of their Chairman and...
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Fuji and Terumo continue to flirt with Olympus, January 30, 2012
Reuters has a new round of updates on the Olympus situation in Japan. According to the latest updates, Fuji continues its flirting and has some ideas on how to do this in order to satisfy potential anti-trust complaints. Terumo is...
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Google launches "Trusted Photographers" service for indoor Maps, January 27, 2012
If you are interested in retail photography, Google is launching a new service called "Trusted Photographers" that can help individual businesses find and hire photographers to take Google Indoor Maps pictures of their stores and post them online. This is...
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Fuji will "propose" to Olympus (a capital & business alliance), January 26, 2012
As we get closer to Valentine's day, Fuji is buying roses and chocolate! A new update by Nikkei upon Reuters says that Fuji "will present a capital and business alliance offer to Olympus". 20%-30% ownership stake is the most Olympus...
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UK Legal First: Similar composition a copyright infringement, January 24, 2012
Amateur Photographer UK summarizes a first of its kind ruling in the UK, where composing a picture in a similar fashion (even if not identical) was considered copyright infringement. Details, the court ruling, and the two red London bus pictures...
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Sony and Fuji now rumored to be seeking equity for the hand of Helen of Olympus, January 23, 2012
There is a new wave of Olympus updates at Reuters. The latest update is that according to some of their sources, Sony and Fuji have emerged as the two main contenders for an equity stake in Olympus, along with the...
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