Today, Kodak finally gave up trying to catch up: the company filed for bankruptcy. The Guardian newspaper reported it here.
I’ve been reading (on my Kindle, natch) John Naughton‘s lovely new book on the internet, called From Gutenberg to Zuckerberg: What You Really Need to Know About the Internet. It includes a very funny (in retrospect) account of how record companies did all they could to make money from cds without thinking at all about what the other consequences of digitised music might be. A similar story might be told about Kodak, who invented the first digital camera but didn’t quite know what to do with it.