As a sign not only of the company's troubles, but also of the decline of non-digital photography, Kodak even sold the iconic film arm of its business later in the year. The company received $950 million in debtor-in-possession financing, which it said would bolster liquidity and working capital. January 19th Kodak filed for Chapter 11 bankruptcy in New York, with the goal of emerging with a completely reorganized business by 2013. Megaupload has yet to rise from the dead. The takedown coincided with the high-profile online piracy debates brought about by the PIPA and SOPA bills. January 19th Federal prosecutors shut down popular file-sharing site Megaupload in the US, indicting founder Kim Dotcom and others for copyright violation, conspiracy to commit racketeering and other alleged illegal activities in the process. This came on the heels of Sprint reneging its 15-year resource-sharing agreement with LightSquared, and set the tone for many defeats on the company's eventual road to bankruptcy. January 14th LightSquared's years-long effort to integrate a wholesale 4G LTE network with satellite coverage was quashed by the National Executive Committee for Space-Based Positioning, Navigation and Timing, which found that t he technology could interfere with GPS equipment. We liked its 8-megapixel rear camera, strong performance and blazing LTE speeds, but its successor, the Lumia 920, would wow us even more when it debuted in the fall. January 9th Also at CES, Nokia unveiled the long-rumored Lumia 900 smartphone as an AT&T exclusive.
3d world magazine september 2012 series#
Though other systems like the 0.5-inch Samsung Series 9 would out-svelte the S5 later in the year, Acer's machine showed that the race for the slimmest system was kicking into high gear. The 13.3-inch notebook boasted a thickness of 0.6 inch and a weight just under three pounds. January 8th At CES, Acer announced the " world's thinnest Ultrabook," the Aspire S5. In August, a Karma owner returned from the grocery store to find the EV engulfed in flames. This was far from the end of the company's woes. A malfunction with its Li-ion batteries was found to increase the risk of an electrical short circuit and fire. January 1st Following a year of production delays for its high-end Karma hybrid, American automaker Fisker officially recalled 239 vehicles. Photo: (Getty Images for Extra/Noel Vasquez) The Year in Tech JANUARY Herewith, an abridged look back at the year that was. We've combed our archives to bring you just a few of the stories that made the biggest impact on our reporting this year. It brought with it great advancements and great failures - and, for some, the promise of the end of days. It was a year of lengthy legal battles and shifting power dynamics in the tech industry.
While planet Earth has yet to meet its demise, the end of 2012 is nigh. By Billy Steele, Sarah Silbert and Christopher Trout
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