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.
Jul 29, 2019
Google today issued a blog post detailing two key new features of the forthcoming Pixel 4: Face Unlock and Motion Sense mid-air hand gestures. Face Unlock is designed to be faster and more seamless than Apple's implementation.
May 26, 2017
Eastman Kodak and Bullitt Group this week launched the Ektra smartphone in the U.S. The handset was first announced in October 2016.
Jul 11, 2019
Sprint is launching its 5G network in Chicago this week. Utilizing the company's 2.6 GHz (band 41) spectrum, the network offers better coverage and building penetration than the mmWave 5G networks launched by other companies in Chicago to date.
Mar 20, 2018
Google today announced Subscribe with Google, an easy way for people to subscribe to and pay for select news sources. Google has worked with a number of publishers over the last six months to develop the service.
Jun 27, 2017
Alcatel today followed through on its promise to bring the A5 LED to the U.S., though it has changed the phone's name to simply the Alcatel A50. The phone, first revealed in February, is compatible with a handful of modular accessories, the most significant of which features an LED-covere panel that can blink a few dozen LEDs with color.