Eastman Kodak Company has completed a series of agreements that successfully monetizes its digital imaging patents.
The proposed transaction, which achieves one of Kodak’s key restructuring objectives, follows other recent major accomplishments that include an agreement for interim and exit financing for the company’s emergence from its Chapter 11 restructuring, and resolution of U.S. retiree non-pension benefits liabilities. Kodak’s monetization of IP assets further builds on its momentum toward a successful emergence in the first half of 2013.
Under the agreements, Kodak will receive approximately $525 million, a portion of which will be paid by 12 intellectual property licensees organized by Intellectual Ventures and RPX Corporation, with each licensee receiving rights with respect to the digital imaging patent portfolio and certain other Kodak patents. Another portion will be paid by Intellectual Ventures, which is acquiring the digital imaging patent portfolio subject to these new licenses, as well as previously existing licenses.
“This monetization of patents is another major milestone toward successful emergence,” Antonio M. Perez, Chairman and Chief Executive Officer, said. “Our progress has accelerated over the past several weeks as we prepare to emerge as a strong, sustainable company. This proposed transaction enables Kodak to repay a substantial amount of our initial DIP loan, satisfy a key condition for our new financing facility, and position our Commercial Imaging business for further growth and success.”
Immersion Corporation, the leader in touch feedback technology development and licensing, today announced it entered into a settlement and license agreement with Google, Inc. and Motorola Mobility LLC, resolving the patent infringement litigation brought by Immersion against Motorola.
The litigation was initiated based on Motorola’s various uses of a simple form of haptic effects in its mobile devices, sometimes referred to as Basic Haptics. Under the settlement and license agreement, Immersion is receiving compensation for prior shipments of Motorola devices containing Basic Haptics technology, the parties have agreed to a license relating to future shipments of Motorola devices with Basic Haptics, and have resolved certain issues with respect to Google-branded smartphones containing Basic Haptics. The agreement does not extend to other manufacturers’ handsets that use the Android operating system. As a result of the settlement, Immersion will dismiss all pending litigation between it and Motorola.
“The successful resolution of this case is a critical step in our overall strategy of enforcing and monetizing our intellectual property, including Basic Haptics, and we’re pleased to achieve a settlement that is consistent with our business model, which is largely based on per unit running royalties,” said Immersion CEO Victor Viegas. “We remain fully committed to enforcing our IP rights while continuing to innovate and create new technology and solutions for the mobile space. While the terms of the settlement will remain confidential and are not anticipated to have a material impact on our financial results for 2012, this settlement is a great step forward in validating the value of our IP portfolio and the investments we have made in the mobile market.”
Google has announced three new Nexus devices in small, medium and large all runing on Android 4.2, a new flavor of Jelly Bean—which includes the latest version of Google Now and other great new features.
Nexus 4 with Google Now and Photo Sphere
Nexus 4 is Google's latest smartphone, developed together with LG. It has a quad-core processor which means it's super fast, a crisp 4.7" (320 ppi) display that's perfect for looking at photos and watching YouTube, and with wireless charging you just set the phone down on a charging surface to power it up, no wires needed. While Nexus 4 is incredibly powerful under the hood, it also features the latest version of Jelly Bean, Android 4.2—the simplest and smartest version of Android yet. Starting with the camera, we've reinvented the photo experience with Photo Sphere, which lets you capture images that are literally larger than life. Snap shots up, down and in every direction to create stunning 360-degree immersive experiences that you can share on Google+ with friends and family—or you can add your Photo Sphere to Google Maps for the world to see.
Android 4.2 brings other great goodies like Gesture Typing, which lets you glide your finger over the letters you want to type on the keyboard—it makes typing fast, fun and a whole lot simpler. Android 4.2 also adds support for wireless display so you can wirelessly watch movies, YouTube videos and play games right on your Miracast-compatible HDTV.
Barclaycard US will promote mobile and online commerce by encouraging its cardholders in the U.S. to save their card to Google Wallet which enables consumers to securely and easily shop online where they see the 'Google Wallet Buy' button or in-person using the Google Wallet mobile app.
Consumers who use their Google Wallet with their Barclaycard account will receive all the benefits and rewards they typically receive when using their Barclaycard – as part of a new, simple and easy-to-use experience.
Barclaycard US, the payments business of Barclays in the United States, will encourage cardholders to save their card to Google Wallet through a simple and secure click-to-add process and select it as their default payment choice. Once signed up, Barclaycard cardholders will see a full-color image of their card as a Google Wallet payment option – promoting usage and confidence about which payment account is being used.
“We’re excited to put this new mobile capability – to search, shop and buy – into the hands of consumers,” said Dekkers Davidson, Head of Mobile Commerce for Barclaycard US. “Google Wallet is a compelling solution for consumers that makes doing business faster and more rewarding and will make the experience with Barclaycard even more simple and easy to use.”
Since we released the first version of Google Wallet, the app that makes your phone your wallet, we’ve made it available on six phones from Sprint and Virgin Mobile, as well as the new Nexus 7 tablet. We’ve also partnered with more than 25 national retailers, and thanks to MasterCard PayPass, you can pay with your phone at more than 200,000 retail locations across the U.S.
Today we’re releasing a new, cloud-based version of the Google Wallet app that supports all credit and debit cards from Visa, MasterCard, American Express, and Discover. Now, you can use any card when you shop in-store or online with Google Wallet. With the new version, you can also remotely disable your mobile wallet app from your Google Wallet account on the web.
A wallet with all your credit and debit cards
To save a card to Google Wallet, just enter the number into the mobile app, online wallet, or Google Play when making purchases. When you shop in-store, you can use Google Wallet in conjunction with your selected credit or debit card for purchases (more info here). Shortly after making a payment, you’ll see a transaction record on the phone with the merchant name and dollar amount. You can now view a history of all your in-store and online purchases from the online wallet.
Unlike searching on a desktop or laptop computer, when you're searching on a touch-screen mobile device it’s often inconvenient to type. So we strive to give you a variety of ways to interact with Google, be it by speaking your queries, getting results before you finish typing, or searching by image. Now there’s a new way for you to interact with Google: Handwrite for web search on mobile phones and tablets.
Say you’re standing on a busy street corner, in a bumpy taxi ride, talking with a friend, or sitting on the couch with your tablet. Handwrite enables you to search by just writing letters with your finger most anywhere on your device’s screen—there’s no keyboard that covers half of the screen and no need for hunt-and-peck typing.
Getting started is easy: go to Google.com in your mobile browser, tap on “Settings” at the bottom of the screen and enable “Handwrite.” Note that after you've saved the setting, you may need to refresh the homepage to see the feature.
The rollout of Android 4.1, Jelly Bean, begins today, starting with Galaxy Nexus HSPA+ devices.
Jelly Bean makes everything feel fast, fluid, and smooth. Notifications are expandable and actionable, widgets are magical and the keyboard is smarter and more accurate: http://www.android.com/whatsnew/
Jelly Bean also features a redesigned search experience, with a new user interface and faster Voice Search. You can type your query or simply ask Google a question. Google can speak back to you, delivering a precise answer if it knows one, in addition to a list of search results.
Google Inc. announced today that the acquisition of Motorola Mobility Holdings, Inc. has closed, with Google acquiring MMI for $40.00 per share in cash.
The acquisition will enable Google to supercharge the Android ecosystem and will enhance competition in mobile computing. Motorola Mobility will remain a licensee of Android and Android will remain open. Google will run Motorola Mobility as a separate business.
Sanjay Jha, who revived Motorola’s Mobile Devices business and led the company through this acquisition, has stepped down as CEO, although he will continue to work with Google to help ensure a smooth transition.
Dennis Woodside, who has overseen integration planning for the acquisition and previously served as President of Google’s Americas region, has become CEO of Motorola Mobility.
Larry Page, CEO of Google, said, “I’m happy to announce the deal has closed. Motorola is a great American tech company, with a track record of over 80 years of innovation. It’s a great time to be in the mobile business, and I’m confident that the team at Motorola will be creating the next generation of mobile devices that will improve lives for years to come.
“Sanjay Jha, who was responsible for building the company and placing a big bet on Android, has stepped down as CEO. I would like to thank him for his efforts and am tremendously pleased that he will be working to ensure a smooth transition as long-time Googler Dennis Woodside takes over as CEO of Motorola Mobility.
Google has announced that Chrome for Android Beta is now available in 31 more languages and in all countries where Google Play is available. Google has also added many much-requested features, including:
You can now request the desktop version of a website, in case you would rather not view the mobile version.
You can now add bookmarks as shortcuts on your home screen, so you can get to your favorite sites faster.
Choose your favorite apps to handle links opened in Chrome.
Have a proxy setup for Wi-Fi access? You can now use Chrome with the system proxy configured in Android settings.
If you build websites, you may want to take note of a change in the User-Agent specification for Chrome for Android.
A team within Google[x] group has started Project Glass to build technology that helps you explore and share your world via wearable computers. (See video above). Visit http://g.co/projectglass for more information.
Since Google Voice was launched in 2009, Google has supported visual voicemail so you could open the Google Voice app, see all your voicemails with text transcripts, and play them on-demand. However, sometimes when you get a missed call, you don’t want to jump between my call log and the Google Voice app to see who has called me and what message they left.
So, today, Google is updating their mobile app so you can view and listen to your voicemails on demand directly from the call log on your Android phone. Your voicemails will appear alongside your outgoing, incoming, and missed calls in your phone’s call log and you can just simply touch them to play them. You can slow down the playback of the message which is great for when someone is telling you their callback number, or you even speed playback up, so you can quickly listen to longer messages.
To turn this feature on, download the latest app from Google Play and check “Voicemail display” under settings. This new feature requires Android 4.0+.
Google today announced they are rebranding Android Market to Google Play, a digital entertainment destination where you can find, enjoy and share your favorite music, movies, books and apps on the web and on your Android phone or tablet. Google Play is entirely cloud-based so all your music, movies, books and apps are stored online, always available to you, and you never have to worry about losing them or moving them again. (See video above.)
With Google Play you can:
Store up to 20,000 songs for free and buy millions of new tracks
Download more than 450,000 Android apps and games
Browse the world’s largest selection of eBooks
Rent thousands of your favorite movies, including new releases and HD titles
Google today is releasing a new update to the Google Docs app for Android. Google has brought the collaborative experience from Google Docs on the desktop to your Android device. You'll see updates in real time as others type on their computers, tablets and phones, and you can just tap the document to join in.
Google has also updated the interface to make it easier to work with your documents on the go. For example, you can pinch to zoom and focus on a specific paragraph or see the whole document at a glance. Google also added rich text formatting so you can do things like create a quick bullet list, add color to your documents, or just bold something important. Watch the video above of the new Google Docs app in action.
The Department of Justice’s Antitrust Division issued the following statement today after announcing the closing of its investigations into Google Inc.’s acquisition of Motorola Mobility Holdings Inc., the acquisitions by Apple Inc., Microsoft Corp. and Research in Motion Ltd. (RIM) of certain Nortel Networks Corporation patents, and the acquisition by Apple of certain Novell Inc. patents:
“After a thorough review of the proposed transactions, the Antitrust Division has determined that each acquisition is unlikely to substantially lessen competition and has closed these three investigations. In all of the transactions, the division conducted an in-depth analysis into the potential ability and incentives of the acquiring firms to use the patents they proposed acquiring to foreclose competitors. In particular, the division focused on standard essential patents (SEPs) that Motorola Mobility and Nortel had committed to license to industry participants through their participation in standard-setting organizations (SSOs). The division’s investigations focused on whether the acquiring firms could use these patents to raise rivals’ costs or foreclose competition.
“The division concluded that the specific transactions at issue are not likely to significantly change existing market dynamics.
"As we announced last November, Adobe is no longer developing Flash Player for mobile browsers, and thus Chrome for Android Beta does not support Flash content. Flash Player continues to be supported within the current Android browser.
Adobe is committed to innovating with Flash. We’ll continue enabling content developers to produce rich and immersive applications on mobile devices and PCs via Adobe AIR, and through PC browsers via Flash Player. Flash is uniquely positioned for creating and publishing advanced gaming and premium video content, and that is where we’re focusing our future investment. We recently released hardware accelerated support for 2D and 3D graphics for Flash Player on the desktop and will soon bring these same capabilities to mobile apps via AIR. Together with recent advancements in hardware accelerated video decoding, compositing and content protection, these capabilities provide the richest platform for game developers and video publishers to reach over a billion users across PCs and major mobile app stores, including the iTunes App Store and Android Market.
At the same time, we’re actively working to move HTML5 forward via our ongoing collaboration with Google and other members of the Web community. Adobe’s proposal for CSS Regions, which allows sophisticated, magazine-like page layouts on the web, is now shipping in the Chrome browser. We’re collaborating with Google and other members of the Web community on a proposal for CSS Shaders to enable cinematic, visual effects via HTML5 and we’re exploring the potential of its Shadow DOM proposal, which would enable the integration of rich user interface components in web pages.
Google today introduced Chrome for Android Beta. Like the desktop version, Chrome for Android Beta is focused on speed and simplicity, but it also features seamless sign-in and sync so you can take your personalized web browsing experience with you wherever you go, across devices. (See video above).
Speed With Chrome for Android, you can search, navigate and browse fast—Chrome fast. You can scroll through web pages as quickly as you can flick your finger. When searching, your top search results are loaded in the background as you type so pages appear instantly. And of course, both search and navigation can all be done quickly from the Chrome omnibox.
Simplicity Chrome for Android is designed from the ground up for mobile devices. We reimagined tabs so they fit just as naturally on a small-screen phone as they do on a larger screen tablet. You can flip or swipe between an unlimited number of tabs using intuitive gestures, as if you’re holding a deck of cards in the palm of your hands, each one a new window to the web. One of the biggest pains of mobile browsing is selecting the correct link out of several on a small-screen device.