Reuters mentioned yesterday that Kodak are preparing to file for bankruptcy. Leaving aside their long history in photography, they are also credited with “inventing” the digital camera. Reuters quote:
“Kodak invented the digital camera in 1975 when one of its engineers developed a prototype that was as big as a toaster and captured black and white images. But it failed to capitalize on that innovation, and it was only when Kodak’s film business began to decline a decade ago that it tried to catch up with rivals by launching a mass-market line of digital cameras.”
It’s not over yet for them though, so hopefully they can find a way of restructuring and continuing.