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Eastman Kodak Files for Bankruptcy

Eastman Kodak says that it files for bankruptcy protection, as the 131-year-old film pioneer struggles to adapt to an increasingly digital world.

(NEW YORK TIMES) New York - As part of its filing, made in the federal bankruptcy court in the Southern District of New York, Kodak will seek to continue selling a portfolio of 1,100 digital imaging patents to raise cash for its loss-making operations. The company plans to continue operating normally as it reorganizes under Chapter 11 protection.

"Kodak is taking a significant step toward enabling our enterprise to complete its transformation," said Antonio M. Perez, the company's chief executive.

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Central to the tragic absurdity of this war is the question of language. Vladimir Putin has repeated that protecting ethnic Russians and the Russian-speaking populations of Ukraine was a driving motivation for his invasion.

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