Kodak has announced that it and all of its subsidies have filed for Chapter 11 bankruptcy protection, in a move to restructure the company “to focus on its most valuable business lines” after years of ignoring the rise of digital cameras.
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The company which gave the concept of photography will cease to exist.This raises an important topic of whether technology and tradition can go hand in hand with technical innovations flying faster than the speed of light it has become difficult for even humans to keep up pace with it.No doubt a company of the caliber of Kodak has given up.I remember the old negatives and the Kodak cameras that we used to have.Some of the best memories of my life are inked in Kodak.
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