Apple and Google Place Rival Bids for Kodak Patents
The initial bids placed for some 1,100 patents being auctioned off by Eastman Kodak came from Apple and a consortium led by Google. The groups bid between $150 and $250 million, according to the Wall Street Journal, which cited sources familiar with the proceedings. Kodak is auctioning off digital imaging patents in two lots as part of its bankruptcy restructuring. The first lot includes patents pertaining to capturing and processing images on smartphones, tablets, and cameras; and the second relates to storing and analyzing images. These opening bids are much lower than the final amount Kodak is seeking. Earlier this year, Kodak's patents were valued at more than $2 billion. The proceeds of the patent auction will go to repay Kodak's creditors and to help Kodak rebuild its business if there are any proceeds left over. Some of the companies that belong to the Google-led consortium include Samsung, LG, and HTC, all of which use Google's Android platform in their smartphones. The auction officially begins August 8 and a winner will be picked August 13.
Verizon Debuts In-Home LTE Extender, Pixel 2 Promo
Verizon Wireless today announced the Samsung 4G LTE Network Extender 2, a device meant to improve wireless coverage at your house or small business. Like many network extenders, the Samsung 4G LTE Network Extender 2 plugs into your home's wired broadband service.
Target Adds Mobile Payment Feature to its App
Target today made it possible for people to make in-store payments with their smartphones through the Target mobile app. Similar to Walmart’s offering, shoppers can link their debit cart to the new Wallet function within the Target app.
Google Launches Multi-Purpose File-Wrangling App
Google today released the final version of Files Go, its new file-management app for Android. The app serves multiple purposes: it includes a file browser, local file transfer tool, and a tool to help free up storage on your phone.
Google Home Max Now Available for $399; Verizon Discounts LG V30
Verizon Wireless today began selling the Google Home Max in-home assistant and speaker. The Max relies on the same Google Assistant that powers the Google Home and Google Home Mini devices, but packages the voice-based tool in a larger, music-focused box.
Synaptics Says A 'Top Five' Phone Company to Use Its Under-the-Glass Fingerprint Reader
Synaptics today said of the five largest phone manufacturers in the world has agreed to use its Clear ID FS9500 optical, in-display fingerprint sensor. The FS9500 can scan fingerprints through the full thickness of smartphone cover glass, which means device makers can create sleek, button-free designs and still include a fingerprint reader on the front.