Day: August 18, 2012

It is a S-L-O-W Tech News week… sigh. Look, here is a tablet for kids. Ouch.

LeapFrog’s child-friendly LeapPad 2 goes on sale for $100, is ready for sticky fingers

“You might’ve already checked out our hands-on time with LeapFrog’s next-gen LeapPad, but starting today, now you can finally get your own palms on the kid-friendly slate. The company — who’s also introduced us to the Explorer — has announced its LeapPad 2 is now up for grabs at an array of online and brick-and-mortar shops, such as Target, Best Buy, Kmart, Amazon and, naturally, its very own site. Now, the $100 LeapPad 2 isn’t anywhere near the same class as Mountain View’s $200 Nexus 7, though for obvious reasons, as it’s targeted at a completely different audience. In other words, those 100 bucks might just be enough to keep kids away from your precious every-day tablet. We’ll let you decide that, however.”

Kodak has been a force in the camera and photography world for a very long time. It is amazing to see them reduced to where they are now. But their digital imaging patents may be their only real remaining asset.

Kodak: Maybe We Won’t Sell Our Digital Imaging Patents

“Kodak is having second thoughts about selling off its digital imaging patent portfolio.

The struggling photography pioneer, which for the past year has been gearing up to sell off some 1,100 patents as part of its effort to emerge from bankruptcy, said Thursday that it may not sell some — or all — of them, after all.

‘[Kodak] has not reached a determination or agreement to sell the digital imaging patent portfolio, and may retain all or parts of it as a source of creditor recoveries in lieu of a sale if it concludes that doing so is in the best interests of the estate,’ the company said in a statement.

Coming as it does on the ninth day of a patent auction that was originally scheduled to end this past Monday, Kodak’s statement suggests that the process is not going as well as it had hoped.

And, indeed, sources familiar with the auction say that bids for Kodak’s digital imaging patent portfolio thus far have come in below the $2 billion the company has been angling for. The Wall Street Journal recently reported that initial bids from the two consortiums favored to win the auction — one led by Apple, the other by Google — were only about $500 million.

How much the bids have risen since then, if they’ve risen at all, isn’t clear. Kodak says it continues to have ‘active discussions’ with potential patent buyers, and it has extended the auction in light of them. But the company clearly hasn’t yet managed to incite the sort of Nortel-style bidding-war blowout for which it had hoped. And now, with rival bidders mulling alliances that would keep bids on the portfolio low, Kodak may have lost its chance to do so.”