35 Burst results for "Kodak"
Rapper Kodak Black Gets Probation in Teen's Assault Case
"Popular rap stars entered a plea deal that will see him avoid prison time in an assault case code black was originally charged with rape but he has ended up accepting a plea deal that will see him get a ten year suspended prison sentence the rapper entered the guilty plea to first degree assault at a courthouse in Florence county South Carolina he will not have to go to prison if he completes eighteen months of probation during the hearing black legal name bill could create apologized to his victim in the case to watch the proceedings on line but he was less contrite later on his Twitter feed there he said the victim just wanted to get the case over with and Brian that he didn't have to quote come off no money I'm Oscar wells Gabriel
The Art of Business Wars: In With the New
"Today's lesson is about how life and business can change on a dime especially if you underestimate your competitor. In japanese martial arts practitioners cultivate. Something called zong chen. It means that even at the moment fighters facing off against an opponent they also have to remain aware and alert to new threats when the hero of the movie systematically vanquishing each bad guy even though they're all attacking him at the same time that's zong chen it may take a martial artist a lifetime to master the ability in the business world. You'd better learn it sooner. New competitors arrive on the scene all the time lose sight of them and your company may become a part of history next two names like blockbuster kodak and borders remember them august busch the third believed in the concept so much he launched a corporate coup in the early seventies against his own father at stake was control of the beer giant. Anheuser busch his father. August anheuser busch junior known as gussie had overseen the growth of the budweiser brand to its position. As the king of beers gussie was so focused on attacking the number two brand schlitz that he didn't even notice that there was a new threat on the horizon. The miller brewing company had been acquired by philip morris. The company developed a new less filling beer and had a smart marketing strategy as a result miller lite was making steady gains in the market. You may remember. The argument that sent sales skyrocketing. The best part is that it tastes great. Bet spot is. It's less filling tastes great less filling as great list. Philip less filling. You know even less about basketball. That's it heinsohn but august. Bush was less myopic than his own man and ready for every threat after taking over the company rains. He faced a union strike against automation. At the bottling plant in a twist that would make game of thrones riders envious august and his colleagues had anticipated the teamster troubles and stockpiled enough budweiser to maintain distribution. The company was able to outlast the union and its demands
Why Leaders Need to Get Better at Changing Their Minds with Adam Grant
"Guest. Today is adam grant. Adam is an organizational psychologist and a ted speaker who helps people find meaning and motivation at work. He's a bestselling author and he's also the host of worklife a great podcast. You should check out in his new book. Think again adam challenges us to slow down and stop doing an executing all the time and actually spend time thinking thinking about our business where it's going what problems we have to solve. Why is it that we have such a temptation to just stay on that treadmill of producing an executing and we never stop and make the time to think one is that whip rewarded for what we deliver right and it's sometimes hard to connect the dots between cardi. I've got a bunch of new ideas or a fresh perspective and and what that actually means for my small business. I think the the second thing is we get rewarded for doing things. The same way over and over again that gives us excellence of execution. It helps us build productive routines and then we get really comfortable in our best practices. And i think the danger of that of course is that we don't look around ask if there are better practices and i think what a lot of us end up doing. Is we think too. Much like preachers and prosecutors. When we're in the mindset of preachers were convinced. Where right when we're thinking like prosecutors were proving people who are challenging us wrong and that means we stop thinking flexibly and sometimes we fall into the trap of foolish consistency and we see this happen all the time with huge companies right. I don't think that that berry or blockbuster kodak or sears. Had any problem with doing right. They were great at executing. The problem was they were executing the things that made them great in the past and they missed out obviously on a bunch of digital disruption. Some of which was brought from the outside. But if you look at a kodak they actually pioneered digital imaging and then they said no. Our business model is selling film. Obviously that didn't work out very well for them. and i see the same dynamics. In small businesses pretty regularly where people are unwilling to rethink their strategies their products services on some of their practices that have driven their success in the past. And and that means sometimes we get trapped instability where we should be embracing change. I love the kodak example. Because in hindsight we can all see how they actually could have become instagram me. They were the market leader in photography. And had they been thinking this way. They could have shifted that and caused that revolution. Knowing what you know what you studied that goes into this book. Think again if you could go back and be a consultant into the executive team at kodak at that time what do you imagine they would have been saying that was keeping them entrenched in. And what would you tell them about how they were thinking and the opportunity that they would miss if they didn't change the way they fought that such an interesting question. Well i would have. I mean it would have been great to introduce them to the future of the internet. Talk to them about how we were. All going to be posting selfies. One day but i think long before that where i would have started would have been to talk to them a little bit about the fat cat syndrome right where we tend to rest on our laurels and get complacent when things are going really well. And that's the perfect time to shake things up because we have the resources and slack capacity to do it. And then i think the next thing that i probably would've done is i would have encouraged them to stop preaching that they were right. Stop prosecuting me for being wrong and instead think a little bit more like scientists daniel one of my all time favorite experiments was done recently with small business owners in italy. So they're all pre revenue. They're taking a three to four month. Crash course in hottest start and run a business. They all get the exact same training and education. What they don't know is that half of them have been randomly assigned just to think like scientists in the way that they build and run their businesses. They're told your strategies just theory. Go do customer interviews to develop some specific hypotheses and then when you launch her first product or service. That's just an experiment to test your hypotheses and it turns out that group that's just encouraged to think like scientists over the next year they bring in on average more than forty times the revenue of the control group which is a stunning effect. Right and the major reason why they're so successful when they think scientists is that there are more than twice as likely to pivot they. They run their their first product. Launch or service launch and. it doesn't work and instead of doubling down. They say you know what i guess. I learned that my theory was wrong. Or hypotheses. didn't work in this market or a need to rethink my minimum viable product. And i would have encouraged kodak to do the same thing. I would've said okay. You all are great scientists when it comes to figuring out how to process film and build a camera. Why don't you apply that same. Ab testing that you normally do with products to your strategy to the kinds of products that you create to how you run your company and let's just let's try the digital camera. You have the technology what's going to happen if we roll it out instead of waiting for a couple dozen get rolled out first and then saying lips. It's too late. What are the hallmarks of thinking like a scientist that we don't see when you're thinking like prosecutor or a preacher who i don't think you have to own a microscope or telescope writer even a lab coat thinking like a scientist to may just means you favor humility over pride and curiosity over conviction. That means you know what you don't now and you're excited to discover things that might actually teach you a fresh perspective or you know an area of expertise that you don't currently have access to and one of the things that scientists do best at least good scientists right sometimes. Even scientists don't think like scientists but good scientists is is somebody who says i'm knocking to let my ideas become my identity right. I'm not going to start to define myself as as the kind of person who only leads a certain way. Or i won't define us is the kind of business that only does one thing and i think that flexibility is is a huge part of what allows the scientific thinking mindset to allow small business owners to continue adapting and not only responding to change the world but actually creating
WIRED Correspondent Adam Rogers Talks 'Wild Tech' Built Into Perseverance
"So adam. Let's start with a couple of notable things about this rover one. It's collecting and to you. Just wrote a story on wired dot com this week about the cameras on perseverance and how they actually perceive imagery much differently than we do. Tell us about this. And why this is significant for this mission will. there's something almost philosophical. You have to address if you're going to send not people to explore another planet but robots which is you're trying to acquire like sensory information and some of that some of that can be quantified can be sent back as data. You know the numbers for certain for certain analyses that you can send an instrument to do and i. I can talk about some of that but some of it. Is you want to send a robot that can look at stuff that can hear stuff in this case they can sense this world. And then that that information through the sensory organs the mechanical sensor organs the technology. That you send the microphones and the cameras and the sensors instruments and then it has to get home has to get back to us somehow. Us not wired reporters but jet propulsion laboratory and then the whole vast team of humans who process all of that through their own machinery and then it becomes something that they can that they can look at. Its this this. Arc of how data becomes information and then becomes knowledge so we humans send these robots to mars to some extent to learn how to send better robots to mars a lot of the instruments on perseverance. That's the rover that's there now are versions of instruments that went up on other missions and now they kind of the scientists that jpl and are all these universities. Nasa know how to make them work to do more what they wanna do which is to look at their surroundings in ways that that we humans would would. Would i be able to identify easily as looking at stuff to to see things in the colors that human is also see we were standing there and also to look at them multispectral hyperspace literally and other parts of the electric spectrum that human i wouldn't perceive but the eyes of this rover is in scare quotes that i'm making on a on a screen even though this audio medium so that's not helpful at all. The eyes of this rover can see into the little bit into the ultraviolet partway into the infrared. And and also can see x-rays and have an are using a laser project light outward to obliterate some bits of rock. And see what what happens when you do it. And to listen with microphones that that might be more sensitive than human ear. Then all of those things get get reduced transformed or changed in some way into meaningful knowledge so that we can understand more about what what's on this other planet where humans have never been but humans have sent a lot of our stuff. You're saying that each brand has gone up tomorrow. At least the ones that we have had progressively better technology on them with each version. And i think it's kind of interesting that this rover that just went up now. Perseverance is essentially the first rover of the iphone era. Curiosity launched in two thousand eleven and it was designed for a period of five or six seven years before that so the imaging technology on it is very representational of like that time in imaging technology the imaging technology that we have now and the imaging technology that we have on. Perseverance is pardon the pun astronomically better than the tech that we had ten years ago. I mean if you think about like how bad your instagram photos. Were in two thousand eleven. And how fantastic they can be now. You can see just like as far as mobile technology goes and just imaging sensors. The leap has been huge. That's a it's a really interesting observation. I think that's right. Although i will also say that like one of the one of the instruments that i wrote about is called the masked kim z. And so it's this. This binocular camera to cameras linked together left and right eye on top of the tower. That's on the rover so sits up a little. Bit high zina's presume because there was a mass cam on curiosity the z. Has zoom capability and it does a bunch of stuff. It's there to identify targets of interesting scientific potentially interesting scientific value and also to be able to look around and navigation and take pictures and do a whole bunch of other stuff. The the ccd the charge coupled device the optical sensor the to in mass are off the shelf kodak cds and they have the they have in front of them the bear pattern of pixels. The probably gonna get this wrong but like the red green blue. I think that that's that would be familiar. That if you if you could look into your phone you would see it. And then mass games does what. The experiment instrument is take advantage of some capabilities that our phone cameras. Don't really do to do much more. Because because the also can see into the infrared a bit and so if you put the right filters in front of them you can do even more science with them so there is some sense that we send up a camera. That would be the same camera that a lot of people have in their pockets right now sitting on their sitting on their desk. I can get sort of derivative about but there's something important i think in the pictures that are starting to come back already. That include parts of the rover itself and people will describe those as celsius as mars selfie camera taking pictures of itself and and nasa among all agencies is very very good at At its own promotional work saying like. Here's the thing. Here's the picture of the thing we're doing. There are pictures. There's video of the landing which was dramatic but also like the video of the landing. Is there to video of the landing has engineering value but also publicity value. But but i think the calling it. A selfie also includes the recognition of the the. It's not personal because of course it's not a person of the machine hood of the individuality of the humanness of the technology that that we sent that has to do a thing there. That's doing technological work and and seeing mars through a kind of filter that's akin to but slightly different than the filters that if mike if you took that billionaire ticket up tomorrow how you would see through the visor of your of your back suit
Michael Madigan’s Successor In Illinois House Resigns Just Three Days After Madigan Arranged His Appointment
"It took just a few days for former illinois house speaker. Michael madigan's handpicked successor as representative of the twenty second district to resign on sunday madigan and democratic party leaders elevated twenty six year old ward employee edward garrick kodak to fill madigan's house seat but today madigan and thirteenth ward alderman. Marty quinn issued a statement saying quote after learning of alleged questionable conduct by mr kodak. It was suggested that he resigned. State representative for the twenty second district. We are committed to a zero tolerance policy in the workplace with madigan support code at one over ten other people seeking the job. The former speaker intends to have another meeting tomorrow to select. His replacement
The Battle of Wall Street
"Aim retailer game. Stop has been having quite the week on wall street. Thousands of small investors were buying up stock and driving up the market value of the company. These investors were gathering in places like the wall street bet sub reddit and targeting shortsellers by buying with calling meam stocks while game stop was a current beneficiary of this plan. Other companies like blackberry and. Amc have also been brought up. Sending shares soaring the ups and downs continued even as some trading sites and apps had restricted transactions of and. Amc robin hood. Which is a popular investor. App prevented customers from purchasing more shares of a lot of companies but because of the backlash they're allowing limited buys now for more on the crazy week. That game stop has been having on wall street will speak to james sarah wicky columnists for the online business magazine. Marker just see provide some context that game. Stop fifty two week. Low was to fifty seven cents. So you can do the math there. Perhaps even more mazing ingley gauged up ended. Twenty twenty. I think the stock was at eighteen. Eighty four. so that means is I think around nineteen hundred percent this month and gain has come in the last in the last week it really kinda exploded beginning last friday so as you said the core of the community that has kind of driven. The stock upward is centered on a sub. Reddit called wall street debt which is actually a huge it so it. Now i think has more than two million subscribers. Obviously it's got a lot more subscribers this started but even before that it was it was very big and it's a very sort of read it like community. It's a point of people talking to each other telling jokes making fun and one of the kind of stock that they've been very interested and over the last. Let's say six months to a year. They've tended to focus on chief stocks so stuff that oftentimes the price and the single digits but that they have relatively small overall market capitalizations and then oftentimes stocks. That are being down stocks that you could theoretically make a lot of money. And if they sort. Of rebound i mean. They're obviously interested in tesla and the some of the more hype stocks. And they're buying like blackberry and amc movie theaters which there have been suffering throughout the pandemic. So these are just some of the other ones that they've been getting in on his well exactly and so idea means of mean. Stock is pretty new. I think the term really only emerged less than a couple years ago. And i started off left summer when we saw some really crazy movements in hertz. Which even though. It was bankrupt. Suddenly site stock skyrocket last summer and then kodak with another example. I don't know if you remember. But there was this sort of weird moment when i honestly can't even remember the details of the story but there was this news that kodak was somehow going to be involved in making cova drugs and sex talk when sorta spike as well and the mean. Nothing really started to take off in sort of the end of twenty twenty. And now obviously this month is really when it sorta come into. Its own as you said he didn't stop is by far the most prominent of them because of just how crazy the action in that stock has been. There are now a host of other ones. So as you said. Amc theaters which today was up three hundred percent blackberry which was up like thirty percent today. Which money by these standards is a tiny game but if you think about thirty percent that's pretty huge nokia so a lot of these things so the key to this story i think is that what's happening in me. Stocks and. let's talk about game stuff the keys that what's happening is it's not like a kind of traditional stock market bubble where people are just kinda rushing in to buy stocks because they see other people that are buying them and they think oh. Those stocks are going to go up or they think i'll be able to dump the stock on a greater fool or they become sort of hypnotized by the promise of the internet like happened in the late. Nineteen nineties or there have been many little bubbles in wall street history. My favorite one is in the early nineteen sixties. Investors became convinced that every american was going to end up going bowling like three or four times a week and so there was this huge in bowling stocks. This is very different from that. What happened on this. It on the sub reddit was that people recognize. That game was not just very cheap and had a relatively small flow in other words. There aren't that many shares outstanding but they also realize that a huge percentage of that float so by some accounts all of the shares plus them. We're being sold short by shortsellers. So short sellers were basically betting the game stops stock was going to continue to fall. And the reason that's important is that when a stock starts rising sharply if it's been heavily. Shorted what oftentimes will happen. Is that short. Sellers will have to buy the stock back in order to the phrase on wall. Street is cover their shorts. 'cause they don't necessarily want to keep their short as that stock. He's rising because if they do every dollar rises another dollar they've lost and so if shortsellers can't take the pain they buy the stock well when shortsellers vice stock that obviously helps push the price higher so if there are more people shorting higher above them. Who maybe don't you know that sends the price higher that there are four shortsellers were getting pain inflicted. They say okay. I can't take the pain. They buy the stock
Trump Grants Clemency to Stephen Bannon and Other Allies Just Before Biden Becomes 46th President
"Hope you are. It is Inauguration Day. The new president has been officially sworn in. Joe Biden is now the President, United States and Kamala Harris is the vice president and we had a chance to hear some remarks from the from the New bank. It's hard to say it, but the new president Joe Biden today. And I thought his remarks were largely good. I was really anxiously waiting to see if he would specifically reference President Trump. He did not, and if he would reference the maybe not even with such specificity but recognized The fact that parent medically 75 or so million people voted the other way. Um, and then just let them know that. Yeah, it's a good time to look at why people were motivated Tol boat in the matter which they did and try to address those Those issues that motivated people that got people to be so involved, But there was it wasn't explicit on it. By the way, we've learned that the president Trump did. Leave the traditional letter in the Oval Office desk for incoming President Biden. President Biden did indicate that it was that it was generous, but would not reveal the contents of the note. Until they dedicate an opportunity to speak with President Trump. Make sure that that was okay. So that zlook promising, I think, But what about a couple of things that we're gonna look a little bit out? Pardons and commutations that President Trump has signed on his way out. I always hate that. I just There's a rare occasion. I think where somebody is really, truly been. Abused by the justice system on and there's an opportunity to, uh to commute or pardon in that case, but I think it's overdone and I never like it. Regardless of who it is. This tradition has happened. I think with every departing president my lifetime But among the people that were partner, there was some question on it. Steve Bannon and Bannon who looks I mean, just a prime official look, appears to have been involved in fraud scheme to separate people from their money. Based on a promise that that contribution would go toward funding the border wall when that wasn't the case. And then, of course, a couple of rappers little rap. I'm sorry, Little little Wayne and Kodak Black. I don't think about those individuals, but I do know that Their cases involved firearms and won the a felon in possession of a firearm. I'd prefer that person did their time. But there's ah some pretty graphic information and describing some of the things that they have done. I think in each of their cases in terms of philanthropic efforts, good causes, and that's that's great. I think that should be encouraged. But You know, I'm very much inclined to support the BA concept of violate the law. You pay the consequences for it, period
Joe Exotic fails to get Trump pardon while Lil Wayne and Kodak Black are granted clemency
"Did you see shannon that so last night trump issued his final pardons. He pardoned lil wayne. He pardoned kodak black l. but he did not part joe exotic. I saw the end. Did you see that. Joe exotic steam. Call them. That he has a yeah. We're so confident that they were going to get the part that they actually had a limo waiting outside the prison to pick up perfect low scenario for joe exotic believes. He's going to get a and so they put this big limo ryan. Did you see the limo. Oh yes that's all the place the liberal outside waiting outside so for when he's released and then he doesn't get the part
Trump pardons Steve Bannon and commutes sentences
"And support. President Trump has pardoned 73 people and commuted the sentences of 70 others as he leaves the White House. The list includes former top advisers Steve Bannon, accused of fraudulently raising money to build a border wall. Also on the list. Rappers Lil Wayne and Kodak Black, both prosecuted for weapons charges. And former Detroit mayor Columbia. Kilpatrick serving a 28 year sentence on corruption charges, not making the cut Joe Maldonado passage also known as Joe Exotic, serving 22 years in a murder for hire plot against rival and animal rights activists, Carole Baskin. The Netflix star even had a limo waiting outside the president in Fort Worth, hoping
Before leaving office, President Trump grants clemency to 143 people, including Steve Bannon
"President Trump is getting ready to depart the White House and head for Florida. But it's been a busy 24 hours for the president. He pardoned 73 people and commuted the sentences of 70. Others as he leaves the White House. More from kfbk is Mark Mayfield. List includes former top advisers Steve Bannon, accused of fraudulently raising money to build a border wall. Also on the list. Rappers Lil Wayne and Kodak Black, both prosecuted for weapons charges, and former Detroit Mayor Kwame Kilpatrick serving a 28 year sentence on corruption charges. Not making the cut. Joe Maldonado Passage also known as Joe Exotic serving 22 years in a murder for hire plot against rival and animal rights activists. Carole Baskin, the Netflix star even had a limo waiting outside the president in Fort Worth, hoping for a last minute reprieve.
Trump pardons Steve Bannon and commutes sentences
"Kamila Harris will first be sworn in as vice president by Justice Sonia Sotomayor shortly before 11 A.m. Joe Biden will then be sworn in as president by Chief Justice John Roberts and a last minute move from the White House. President Trump is giving pardons to 73 people and commuting sentences for 70 others. List includes former top adviser Steve Bannon, accused of scheme of raising money to build a border wall. It also includes rapper's Little Wayne and Kodak Black, both charged with weapons violations and former Detroit Mayor Kwame Kilpatrick serving a 28 year sentence on corruption charges. One prominent name left off the list. Joe Exotic of Tiger King
Trump pardons dozens in final hours, including ex-aide Steve Bannon
"His last day in office, President Trump issued dozens of pardons and clemencies. Not surprisingly, the list includes Steve Bannon, Trump's former chief strategist. Bannon faces a federal case accusing him of defrauding donors of more than a million dollars is part of a fundraising campaign. Reportedly aimed at supporting Trump's border wall. President Trump also granting clemency to former Detroit Mayor Kwame Kilpatrick, a Democrat. He resigned back in 2000 and eight after being convicted of perjury and obstruction of justice. He's currently facing a 28 year prison sentence. Also receiving clemency. Rappers Lil Wayne and Kodak Black who were prosecuted on federal weapons offenses, boxes, Marianne Rafferty. One noted
Trump pardons Steve Bannon, 72 others, and commutes 70 sentences
"73 people and commuting the sentences of 70 others as he prepares to leave office this morning. The list includes former top adviser Steve Bannon, accused of fraudulently raising money to build a border wall. Also on the list. A rapper's Little Wayne and Kodak Black, both prosecuted for weapons charges, and former Detroit Mayor Kwame Kilpatrick serving a 28 year sentence on corruption charges. Is Joe Biden is just
Photographer Richard Mosse on blurring the lines between art
"Now richard. Moss's photographic practice has resulted in some of the most arresting images of recent years as a conceptual documentary photographer. He draws on a range of esoteric photographic media to catch a so much more than meets the eye. Monaco's much. Larry spoke to richard to find out more about his unique and emotive work to those nine. I went to iraq. And i made a series of images essentially architectural project photographic project documenting the us forces who were based in the saddam hussein's palace architecture and saddam. Hussein had about eighty four palaces. All around iraq may which he never even visited when the us military arrived. They were so strategically well located for obvious. Reasons and very defensively built. They made pretty straight forward operating bases so they were occupied by the us military which i found fascinating just the layers of power and expression of that architecturally from the sort of provisional corporate office partitions and cubicles that the. Us army would hastily set up within the very pompous and often poorly built authoritarian architecture of saddam hussein which had a very specific style with some very strange eccentric ornamental features. Such as giant teapots and. Yeah it was very incongruous staff. And i brought eight by ten inch camera there and it'd be like that project and after that i realized frustrated with the medium documentaries over here. It's really so conservative as a language so reductive often. You're just an illustrator for writers texts if you're doing it at oriel which primarily. We're documenta over. Do i wanted to break it apart. Actually i wanted to somehow really smashes just for myself. It was a very personal desire to essentially as an expression of the frustration of with my own practice. I was at that time. Kodak was on its path to bankruptcy was announced had announced the discontinuation of this infrared film. Kodak erico two thousand ten. I think says nine around the time and so i thought well this is a wonderful way to unpack a documentary subject. I don't know what may be quite yet. But i gathered as much as i could off ebay and wherever it was being made extinct and i sort of worked backwards from the medium which i always tend to do actually to find to find effective subject or subjects that could be more adequately conveyed to be elevated through the medium through this particular medium and reading was a starting point for me over. The last ten years i've been working with spurred you call them infra-red film technology's very interested in the unseen registry invisible light forms as the way often metaphorically telling very complex documentary narratives more powerful way and to refresh very saturated subject matter for example the refugee crisis unfolding across europe the middle east north africa. Everybody photographer was out there taking pictures. And they all tend to look rather similar. And i really was. After a certain point the imagery just became inherently less compelling and less powerful as language. So i wanted to refresh my own way and i found this bizarre military grade thermographic camera that can image human body heat from thirty kilometres distance. Day or nice. It's classes weapon designed for battlefield situational awareness long-range insurgents detection tracking and targeting. So it was actually part of a weapon. System very sort of activated medium to think through the representation of the refugee crisis and also almost an aggravated one. Really confront the viewer. On some level with their own complicity. I believe and that was my intention to really make people feel that. And i think as an orange has that's one of the only things you can do is to make people feel something so i was working through metaphor aesthetics in this work but with that work with my project incoming its title and it was using this weapons technologies long range border enforcement technology. Thermographic heat-detection camera. I realized i was also operating in certain moments on another level beyond the metaphorical and beyond the aesthetic. And that was the the forensic after understand. The camera sees index heat register. You can calibrate for about forty degrees and anything. That's relatively cooler or relatively warmer within. That given frame is depicted in black or white depending on how you set the the recording set the image. And so something that's black. Could be everything that's warms. The human body would be depicted in black and everything cold surrounding him. Buddy will be waste for example or if you sell it. The other way white hart. It's the opposite. And i was filming this tragic event i've ever witnessed probably ever will. Hopefully it was one of the biggest human trafficking disasters on the gnc and human memory of three hundred people or more were on a on a fishing trawler was had paid to be on that boat from turkey to lead boss and human traffickers just packed that boat too many people who zone designed for perhaps twenty or thirty people so the top deck of the boat collapsed and doing panic entire hull ripped apart and we were able to capture all this from about seven kilometers away with camera designed exactly for this kind of thing and then when the bodies were brought to shore to the harbour of malvo's something store happy it was after dark at this point literally out on the cold stone pier they were lined up on thermal. Br red cross workers volunteers local doctors. Anyone who could could help out. Were were frantically trying to revive these hypothermic victim. Some whom passed out or semi drowned or some had had remain conscious. But we're literally freezing to death. And so they were literally what they were doing. Rubbing life-giving warmth from their hands into the flesh coddled flesh of the these hypothermic victims in front of us on the pier. Desperately trying to sort of transmit life-giving heat back back into them. Now a normal camera of course after dark wouldn't wouldn't be abc's very much let alone. Would it be able to see the trace of that of that transmission of warmth which the thermal camera was able to do incredibly effective articulation of exactly the crux of of the emergency unfolding around us. It was a of very powerful test. Testimonial footage of the the effort survive these people on the scale of a trauma around us. That was richard moss and do head over to our website to the full version of that interview.
Facebook and Antitrust
"Beginning to look a lot. Like sherman. Senator john sherman. That is who in one thousand nine hundred ninety sponsored the antitrust law that bears his name one hundred thirty years ago he pronounced quote if we will not endure a king as a political power. We should not into her king over the production transportation and sale of any of the necessities of life on february. Eighteenth one thousand nine hundred to without any warning. The president ordered his justice department to file suit against one of the trust. In which j. p. morgan had major interest the northern securities company. Its goal was the monopolistic control of all of the railroads between the great lakes and the pacific ocean. Since then other powerful repressive kings have been dethroned from standard oil to eastman kodak to at and t. and t.'s. Dogwoods as good as gold. It was independent on our currency. It was gold. Now it's gone. That was one thousand nine hundred eighty four. This is now twenty years into the digital century. Big tech remains supreme. All but unchecked by law and regulation the so-called duopoly of google and facebook valued at just under two trillion dollars between them control thirty five percent of the six hundred billion dollar global advertising market. Not to mention evermore of our personal lives. This is harvard. Professor emeritus shoshana zubov in the documentary. The social dilemma. Facebook discover that they were able to affect real world behavior and emotions without ever triggering. The users awareness. They are completely clueless in the past. Ten days came a storm first week before last. Forty eight states and territories along with the federal trade commission filed suit against facebook that suit alleges that facebook bought up rivals with the explicit intention of stifling competition legal filings include an email from mark zuckerberg in two thousand eight in which he allegedly said quote. Better to buy than to compete. And then this past week. A second thunderclap. When texas's attorney general announced new antitrust charges against google the suit claims that google in a conspiracy with facebook abused its market power to chip away at consumer privacy protections and rig the advertising market. But if you think they trust busting senator. Sherman has come out from decades of hiding. That's not quite the case for decades. Antitrust doctrine has been fixated to the exclusion of everything else on harm to the consumer as measured by out of pocket costs social media mind control and the erosion of democracy do not fit into that calculation that sort of the traditional metric that we've used to bring antitrust cases and to really understand and measure consumer harm. It's been those price hikes that really hit consumers pockets Vossen author of the twenty two thousand nine paper. The antitrust case against facebook and illegal consultant in texas suit is on the leading edge of an evolved antitrust doctrine based on harms not necessarily inflicted at the cash register for example invasion of privacy on a grand scale. I just found it so interesting. You know why is it that the communications utility in the twenty first century that all consumers use essentially conduct something similar to surveillance. You sign up for facebook and facebook not only monitors your communications on facebook but even when i go to for example the new york times in the morning facebook is making a record of that and it is extracting from consumers the permission to basically track them across the internet. And it didn't seem obvious to that. Consumers would sign up for that proposition is something that they really liked. It's also a bit ironic. Because as i understand it. In the beginning. Facebook was favorably compared to. Let's say my space in early social network where your personal profile was at least one point. Public and facebook was theoretically an antidote to that. That's right if you go back in history you see how. Facebook entered the market with very firm. Privacy promises it got users to choose facebook over other competitors in the market and only after it gained market power and competitors exited the market. Was it finally able to extract this sort of surveillance term from consumers a large and you contract that facebook's growth goes up privacy protections straight down that's right and the fascinating thing about the new york attorney general's suit last week. Is that internal communications. Confirm that that's indeed. How facebook internally was considering strategic moves about decreasing users privacy. I don't remember another case that has been brought in a market where the price is zero and the government is deciding to defend the people based on things like a lack of innovation in the market. A lack of choice. Everybody uses facebook to stay in contact with their friends and family. And then just privacy harms.
"kodak" Discussed on The Weirdest Thing I Learned This Week
"Where the kodak plant is and see how they make film. And while i was there. There's this guy named Jeff hansen who was one of the technology supervisors of the of the factory. It was like going to this place for me. Was like willy. Wonka right like i went. I like roused my old grandpa out of bed and dragged to the kodak factory and got to see how everything was made and one of the rooms. We walked into had just wrote racks and racks and bags and bags full of these little nubs full of gelatin and at that point jeff started telling me a story about how around the turn of the twentieth century. Something weird started happening with the kodak film and customers were complaining. That they couldn't make image is the emulsion wasn't working right. And so george eastman being you know this you know very scientific mind that he was the took a very scientific approach to researching and eventually they were able to find out that kodak had started getting there gelatin from a different place where the cows were eating a different food and the the cows diet changing that much had enough of an effect on their their body makeup that it changed the chemical properties of the gelatin and the way it reacted with the emotion and it actually screwed up how the film worked mile so these these cows eating different grass was enough to ruin kodak's day and this was such a such a profound thing that happened at least according to the the people i've talked to that it actually spurred george eastman to start the entire research and development like wing of kodak in one thousand nine hundred now i think. Would you like to respond. Would you like to an on. yes i would. I am amazed by this. And i would just like to say that they say diet is medicine. Apparently it's also true for photography. Diet is everything. I eat a lot of grass and i wanna my bones and whatever product people are gonna make out of my bones after i die. I hope i'm ruining them. Yeah this reminds me of like people who eat too many carrots and then they turn like the color of carrot but in film for well as an aside. This is not part of it but if you look up if you search for a guy there's a guy who used to take colonial silver as like a supplemental. yeah. I don't know him blue or grayish bluish. It turned him blue. Essentially what happened is he developed himself like a photograph work colonial silver and silver. Halide has what makes film work. So this in one thousand nine hundred twelve george eastman starts this research company and they hire all of these scientists and i think like.
The Importance of the Print
"Able to little something different for you today here with an old friend of mine as in I've known him for a long time not that he's. Data's. Data start is here. He's from Epson a little company that that makes printers that you may have heard about printers and a bunch of other things but we're GONNA WANNA. Have Dental on to talk about printing. From the standpoint of the importance of it in how people that that may be afraid of printing today or somehow said, you know I don't print stuff on facebook and instagram whatever what's a print? I WanNa talk about that and get to the crux of why people should be printing especially if you're an advanced amateur beginner or or or professional photographer. So denno Steinar welcome to the program and how you doing great veer. It's great to see you and you're a game of thrones. Very symmetrical background their employees. Against Green. Screen. Good Yeah. Thank you. This is this is a brand new setup. People have been watching this show no, that normally that's not my background. Normally, my desk is actually slipped in the room is the background. So some different you guys got mix it up every now and So let's let's talk about this. So you're at you're at Epson let's talk about like the your role at Epson what what does Danone do at the company? Well, title is marketing manager my primary responsibilities are. Working with the creative professional markets in the marketing things that go along with that primarily photography certainly work with anybody that's creative professional. A fine artist and illustrator in other markets. I also do video production and amd because of some of the crazy background ahead in the early days of printing I've been I sometimes a pulled into some color science things related to projection because of all the pain we went through early in printing. I consider these long boring international color science meetings and understand what's going on. The. Yeah Yeah Yeah I definitely want to talk about that because. You know we were. We were talking before I clicked the record button about. Just sort of back in the day you know we won't have to go back. You have to put a time stamp on it, but back in the day. The printing experience was, hey, I got this brand new printer gamma. I got my box of paper and you run your first print through it and he came out. Magenta. Okay let me what did I do wrong. Okay and now gotta understand all this stuff. You run another printer it comes out yellow. This was you know. So let's talk about that a little bit. or excellence. Let's let's do that a little bit deeper I want to talk about the history. Of Printing itself you. Touched on that a little bit. Back in the day was enlargers. Remember those you know we had enlargers. Black and white, and then we went to color enlargers, which was a little more involved than a little less tolerance of temperature and all that, and then today you know it's it's file print. So talk to talk about sort of the evolution of where things were in the digital printing world and where they are today. How much time do we have? We have have about three days. So make a quick. To say you know. If you were to take the entire history of photography from nips if I'm pronouncing that correctly, when took that eight hour exposure the French street scene. and to kind of the the beginning of the digital age, you know that is like ninety five percent of photography and digital that term is just this. Let little. Little Flash. Little. Wink of the eye and just in perspective how quickly and things evolved. But as I've been with Epson and a little over twenty years, I was recruited from the Eastman Kodak Company. And this was when Kodak was Kodak. Amazing Kodak Moment. But it was so. Before, that I was a commercial photographer, I used to use a biton view cameras. Shooting. Food for magazines. Cargo, but if you look just a quick thing in the past. The. Printing was always about black and white printing. And it was not an uncommon thing that post World War Two for hobbyists to have dark rooms and advanced amateurs do dark rooms, and if you define yourself as a professional photographer, you always had a black white darker. Color Printing as we know it, we call now the analog world then it was called color print. That slowly came in the kind of mainstream. Sixties seventies, but that was purely big labs big photofinishing houses. It was difficult. You need a big processors he needed temperature control you needed. People Staff and. The Lap And? And it'd be fair to say that traditional see printing. I've never met anyone that said, Gosh I just love the way my seat prints used to. There were revered print processes back there like dye transfer some people remember CPA chrome off of things. But they're just kind of there in the past. It's kind of interesting history lesson in I. I lived at and that's where all this hair went in those darker. Darker. But the first kind of digital printing. started. Really A in the early nineties and I was then a Kodak technical sales representative which was a revered job back in the analog days in my territory to zip codes in Manhattan. New. York City district.
Security awareness: How to influence others and change behavior
"So I WANNA. Let's let's get into it then. So the main meat of your podcast and book rethinking the Human Factor Cetera. Cured awareness behavior and culture. So I kind of your inspire presentation, you know several interesting things I that organizational culture and security culture are often treated as two separate things and others work can be done in linking the two and second that improvement squareness applications comes down not to I should be doing this but I wanted to do this and is my spot to do it. So I, WANNA get into some Specific case. If you have any in mind like where where organizations were able to tie security and organization culture together effectively. And also you can. You sorta like give me some examples of where people are companies were able to move from I should do I want to. So obviously about organizations that I work with and you is that will. Company Yeah Yeah. I'm sure there's a company Kodak's. Yeah, oh. Yeah. If there is now. So where do we want to start so I think the first point you make there is about a culture. So as an industry, we talk about security cultural law. Butts. At an I think eight it's a, it's a developing a culture is is A. He's GONNA help change behavior, but also helps with. It also helps when you're site in front of you know you get. Instant and in front of a regulator. and. More often not what we reported in the media is. A toxic cope culture in relation to cyber security mass resulted in this breach. So actually focusing on culture is really important because eventually we all have a bridge and we don't want to be in that Casa vacation in front of you know, a the the judiciary in regulators the courts the Senate whatever we want to be caught up in front of the committee and then basically be. Told you go talk coach so. Very, very. The one thing that came to my own research when I studied culture in some death a look to Organiz. Ation culture will McCullough birthday. Is the I think the first point is. Establishing, embedding an organizational culture trying to influence on organizational culture. Is Very very hot. It takes a lot of time in a lot of resources applied to most organizations are already. Either very proactively or Off Still. Kicking off. So pushing through projects, which takes three years, five years, ten years, fifteen, twenty years and culture. Why would we want to try and develop a separate culture with all the cost? Nova. Heads that come with that, you take it to To the board and say, Hey, you know we've got this organization culture. We want to develop a security culture in many ways what you're sorta doing saying we want something that's different. Now something potentially very difficult that they're just gonNA. Roll their eyes at and go come on. We can't even the other. Yeah. We haven't finished this one and you want to do this. The second point is I think he's quite well recognized among security profession the. One of the challenges is that are. We won't security just to be the way things are done. We don't want it to be something special. Because make something special people after respond to it, they have to you move towards it whereas if it's just part and parcel how everything's done within this organization, the values which most important to. Dak Crates. Lot less resistance. So by CREIGHTON security culture and making separate to the organization culture but sort of his country in to do what we generally know journey one, which is for it just to be called everybody does yeah I think that's the thing is you know? Catering to to to try and descending labeled completely separate potentially these are just Not Saying coach wrong I'm just saying these are things I think about. Yeah we're doing, we're just starting to sort of understand these sort of things, a separate things, and then how to integrate them. So of course, there's going to be lexical these. Security coach. You, know it's not unheard of what people is not my concern. It's the responsibility of the security team and they T- or the set in information in it. It somebody else's responsibility. Assume as you, label it. It combines people the opportunity to say that's not my problem. Yeah. Yeah. Absolutely.
Testing Chromecast with Google TV
"We reviewed the Google, the crow cast with Google TV. This name continues to me You got one and you've been using it a few days joe did the review and he said that Google just won the living room. So tell us about what it's like actually plugging it into a TV and using the thing setting it up was pretty simple. You had an option for setting it up in the Google home APP or setting it. Up on device the way most android TV's are setup a setting up through the girl home map actually didn't work for me. So I had to go through it manually and then of course, log into all your APPs manually that's always fun but once you get things set up the Google TV interface for the most part is pretty easy to work your way through. So long as you don't have some as long as you have something. At least general that you're aiming towards if you just turn on your TV and like I have no idea what I wanNA watch it can still overwhelm you a little bit. Talk about that experience so. It's recommending shows from different networks and And services over the top services what do you see when you first log in? That's? From say an Nvidia Shield today. Well, it's recommending stuff from services that I don't subscribe to. So every time that I had turned on my Google TV since I got it on Tuesday, it has popped up with a recommendation for love craft country, which is hilarious since I hate horror but also hilarious because I do not subscribe to Hbo Max and I pushed the APP as far down as I could because I. couldn't completely uninstall it or if I have I haven't found the setting for your. Okay. So it's it's pushing you things that you don't currently have subscriptions to at once to up sell you in some way, but it's also giving you. Recommendations on content from services that you do have like Netflix like Disney plus. Is it a better experience today, and it's early incarnation than Android TV on the you know on a nvidia shield or one of the android TV experiences built into an actual television. For the regular user. I think. It is a better experience for people who are persnickety in particular about their experience. The way that I usually am it's different but I'm not sure if it's necessarily better Thursday Google TV definitely is missing out on that other injury TV's half. Okay. So let's talk about that because this is the. From Roy understand this is the de facto android TV experience going forward in a year or two. Basically, every android TV product will have the Google TV overlay and. There's a couple of questions here. The the question is, why is Google doing this? You know we know the answer it's pushing services that you don't subscribe to can upsell you and grab thirty percent of the cut but. Google also thinks that it's just a better lean back experience and the you know the other thing is that this is Google TV. This is Google's flagship television experience and separate from Android TV as the platform that developers can can build experiences for so. Walk us through what you think. Google's rationale is for building. Explicitly Different Overlay for existing Andrew TV hardware I. Think they wanted to consolidate the experience and have it be something that is easier for them to augment and improve as time goes on because right now for updating the home screens on a Goulty on an Android TV, it'll take months for it to reach most models assuming it comes to most models at all as evidenced by the fact that them injecting adds onto the home screen has not reached the majority of Nydia Shield. TV's because nobody is very protective about what software pushes out to their their set top boxes. But at the same time, I mean. It's a different perspective and I like I like the fact that Google has recognized that Oh. Hey this one feature that we had in the Google play movies and TV APP for four years we can use that on TV to make it easier for everybody to watch what they want to watch. 'CAUSE as long as we've had for several years now google play movies and TV. If you go to a movie listing, you can see whether or not you wanNA watch this in Google play movies on TV or Netflix or who or whatever else it's tied into. And the fact that they've expanded that in turn that into the launcher for injury TV now is useful. Maybe I'm a conspiracy theorist. Then maybe maybe maybe I think everything every company does not just google that's connected and has a user interface is all about analytics. This this included. Look at what Google knows by using this new call it a launch guess. It knows what services you don't have. Is You do. What services you've looked at because you saw content you liked what type of content you like when you look for content to consume. That's all valuable stuff for partners it is but I. don't think it's learning as quickly as you would think, Jerry most because I've spent. Of, the things that I've watched on my in on the android Google TV since I have set it up, the majority had a majority of it has been reebok runs for s few and yet every time I log in the first row recommendations is mostly Disney plus in Netflix. and very little from really well. Well No. Because I've. I've watched maybe one thing on Netflix in the last two weeks in Disney. watched. Two or three different things in the last. Week and a half to three weeks and it didn't recommend either of them. I hear you and also I I guess I should have said. The learning part is secondary. The primary part is data collection that I will agree with. But I'm also somebody who is I'm also somebody who hasn't been clicking on recommendations through Google TV APP I'm still somebody who I prefer to go into the APP itself and pick what I WANNA watch. So that might be why the data collection hasn't quite caught up on me yet. Yeah I mean look there's. Google is learning from the experience of running. Algorithms. Its main approach is main product is Google search. It is run by an algorithm that adapts to you and your browsing history. Youtube is just one huge algorithm recommends content so that you will keep watching this feels like. This is Google doing the same thing in a lean back experience that you. You basically queue up a whole bunch of content and once you're finished something, you may be likely to go with a recommendation based on what you've previously watched and because Google is the only company to have gotten Netflix's through the through that barrier of consolidating all of its content into the four use section apple famously couldn't get Netflix. To agree to terms to be in its TV APP. So if you're sitting in watching your apple TV, you will not get Netflix's recommendations in that APP, and that makes it a pretty bad experience because. I. Don't know about you. But half of the things I watch are on Netflix at least. Yeah. So with Netflix content imbued into the lean back for you experience, I feel like as long as you subscribe to a few different services. Hulu. Netflix. Disney plus you know maybe peacock or Hbo Max you will never run out of things to watch and if you can learn about your watching habits well, enough it will do for. LEAN BACK TV watching for over the top services, what it did with net with Youtube and It's exactly what makes Youtube so addictive I haven't been able to use mine yet because. My Av receivers ancient doesn't ever knew enough hdmi standard and it's encryption thing. It's just me with old junk and I don't have anywhere else to plug it in. But what I've seen of it I think I'm GonNa like the interface. It's you know maybe it needs tweet errors telling us it's not perfect for her and. You know I'm sure it's not look look how bad even the APP store was for a year or two. About finding you content you actually cared about, but I, liked it. It reminds me enough of the net flicks. Experience on a big screen that I really like. That I think all also like it on this. Google. Not The chrome whatever they end up calling it. You know overlay whatever. But maybe not today I I haven't. Got To buy new stuff I hate buying new stuff. You can do that next week if it's only fifty bucks than you know it's it's actually that's the other part of this conversation. Right? This is only fifty dollars it's. Thirty dollars cheaper than the chrome cast ultra when it came out and it does not on the hardware doesn't support fewer standards. It's still a four K. streaming device in fact, I've seen. Evidence. That apps on this look better I mean it's not it's no surprise that Youtube for looks better on the chrome cast with Google TV than it does on the Apple. TV. But it does and it's important that it does because net because in addition to net flicks, youtube is a very popular lean back TV experience right now and Google has the new. I. Think it's The v one Kodak on there. It's just a better quality lower bandwidth experience if you're watching it on chrome cast. Right and the price you hit you hit on their that's important. It's going to cost me more money to buy the cables. I need than it did to buy. The device that would just work if if I had a normal setup. So that that's that's important you know Google has went on the record saying it knows that times are tough for a lot of people in that you know hardware prices, matter and service prices matter and them releasing something that. Is. This best been as well received as this has which tells me that it's good at the Price Day they have it. You know. Anything under fifty bucks is still an impulse buy for most people. Yeah, and this'll be going down to forty dollars for prime day and Black Friday I believe based on some leaked information that we saw it Andrew Police last week. So at forty dollars, this is really just google subsidizing the hardware so that it can get you to subscribe to Youtube TV which we didn't even talk about are like live TV is a big component of this product and it is very prominent on Google TV? In a way that it isn't in the ANDROID TV experience.
"kodak" Discussed on Stansberry Investor Hour
"Kodak. . We've been all over this for the past two weeks. . Right I told you they got a seven hundred and sixty five million dollar loan to get into the drug. . Business Kodak the Film Camera Company getting into the drug business. . Turns out in their one hundred thirty, , one year history they actually were in the drug business for six years from one, , thousand, nine, , , hundred, , eighty, , nine, , hundred, , ninety, , four, , it was a failure they got out and it's notable that they got in one thousand nine, , hundred, , eighty, , two years before the recession set in right typical top of the cycle de Worse vacation kind of acquisition move for for a company is being managed into into the ground so. . That's where it to the reason episode again and and we're back in the drug business with this seven, , hundred, , sixty, , five, , million dollar loan from the government I thought that was just kind of crazy enough all by itself because sent the stock soaring from to sixty two on a Monday to sixty dollars at the peak on a Wednesday in you know the third trading session of the week that week. . Just insane. . That was crazy enough right. . Then what are we talk about last week? ? Well, , they granted themselves stock options the day before announcement like that's not fishy like. . Crony capitalist move, , you know to just try to rake some of his money off the top of the management team. . Okay. . Now. . This Week There's well other stuff going on. . So so since last we talked the SEC is investigating this thing. . And the loan from the. . International, , the government agencies called the DNC, , the Development Finance Corporation the DNC loan is on hold. . And the stock as I speak Ios below ten bucks again, , and if you look at the stock chart of the last several days, , it looks like it was flatlined. . You know like somebody whose heart stopped and then wham the hit it with the paddles and now it looks like his heart stopped again it's a ridiculous episode but I feel like I need to clarify something because of <hes> at least one feedback email I got in this case. . No, , it is not okay for these executives to get stock option grants it's not okay and it wasn't okay for them to get them. . I don't believe even back in May. . Right I put together a time line I wrote a whole piece about this for the stands very digest and I put together a time line and my timeline showed that the order the executive order from President Trump. . Was May fourteenth. . Two days before that Kodak moves seventy million dollars from a Chinese subsidiary to a US subsidiary quote in anticipation of an intercompany transaction and quote I believe starting up a new pharmaceutical subsidiary constitutes an intercompany transaction, , right? ? So that was actually made twelfth may fourteenth. . Trump is used the executive order and invokes the defense production act and says, , Hey, , you know, , let's lend money to companies so that we can produce drugs domestically because too much drug production is overseas in places like China and India by the way if you research that, , it's not completely true. . We'll talk about that. . Maybe another day Kodak made the director option grants the first time on May twentieth today their annual meeting. . So, , eight days before they're moving money from Chinese from a foreign subsidiary to to a US subsidiary anticipation of a major transaction. . Then trump invokes this defense production act, , which is just appropriates money for national security right two days later, , then six days later, , they grant themselves these options at premium prices. . <hes>. . Then approximately may eighth according to an interview with the CEO Kodak, , and this government agencies start talking about its new drug business. . Then on July twenty seven, , these idiots grant themselves more options. . Then July twenty eighth and it leaks out stock was up twenty, , five percent that day the news leaked out. . and. . Then Twenty John Twenty as the big announcement right? ? Seven, , hundred, , sixty, , five, , million dollar loan to Kodak the shares were up four fold that day July twenty, , ninth the stock price hit sixty dollars. . And the volume that day is like a hundred and sixty times the previous day and the previous day was twenty, , two times the David were that. . Next Day July thirtieth a fellow called Mike or non gap thoughts. . Which is a a newsletter that he writes on sub stack non gap thoughts. . He writes this article citing these suspicious option grant dates when and strike prices next day July thirty fourth. . Wall Street? ? Journal publishes an article citing the potential you know ninety, , they said ninety five million dollar windfall for CEO Jim Continente. . And there were others on on the Management Team received the options to August. . Fourth Wall Street Journal publishes an article citing a new SEC investigation into the disclosure of the loan and the option grants right because it looked like the the loan with the news of the Lomas leaked out on the twenty seventh I think is really what they were concerned about. . But the whole thing stinks and let me tell you something what I alluded to earlier when I said I need to make something clear about this. . This is not the way capitalism is supposed to work. . A corporate management team is supposed to make a lot of money. . They're supposed to get ninety five million dollars for creating a business that has performed well for a period of time. . That has generated you know for ninety, , five, million , bucks. . You'd better be generating you know at least a billion or more couple of billion hopefully in free cash flow over a period of time consistently, , right a real sustainable business for that kind of reward. . You don't get paid that kind of money just for getting a loan to be in a business that you were in for six years out of your one, , hundred, , thirty, , one year history and sucked at. . Okay that's not the way this is supposed to work. . This is the ranking crony capitalism, , the EST crony capitalism. . And crony capitalism is when you get paid for no in people, , right it starts looking suspicious back in May when they're moving seventy million bucks from China to the US, , it looks like they already knew they were going to do something and then Oh, , two days later trump invokes this this executive order appropriating these loans for this kind of stuff <hes> and then up six days. . Later, , we start granting ourselves options at prices that suggests we know the stock is GonNa take off like a rocket ship. . Then we do it again on July twenty seven just to show you how utterly stupid we are. . This is not the way it's supposed to work they basically what they did here was. . They just took money from well, , you know this government money. . So you could say they took taxpayer money and they said <hes> how can we get way too much of this money in our own pockets? ? Oh, , I know let's grant ourselves a bunch of options. . Okay, , your stand. Now, . , I don't have a problem with option grants in general I. . Realize people need to be incentivized. . It's just the way. Things . are nowadays right to to attract good management. . You gotta pay them. . What looks like way too much money a lot of the time, , but this is not that. . This is a management team taking money from taxpayers and really taken ultimately from shareholders as well. . They're given themselves equity for free that the shareholders have to buy in the market. . This isn't the only episode of this. . You'RE GONNA see there was a smaller episode that I I kinda filed this way I didn't think I was going to mention it but there was a guy. . David? ? T hines in a story in the Washington. . Post. . July. . Twenty Eighth I mean it's all allegations so I don't know I'll just say this poor fool apparently borrowed four million dollars in this federal PPP paycheck paycheck protection program it was part of the cares act. . Right. . The cares act was that two trillion dollar corona virus bill that was signed into law in March and included three hundred and forty, nine , billion in forgivable loans for small businesses to maintain operating expenses. . Mostly payroll, , right? ? That's why it's called. . PAYCHECK protection program. . So you can just pay your employees even though maybe you're running a restaurant and they have to stay home because of the cove in nineteen, , right. . So this guy gets four million from this program and then a week later people see him riding around. . Miami beach in a Lamborghini. . A brand new Lamborghini Lamborghini. . Hurricana. . Which I guess. . That's an electric Lamborghini costs more than three hundred, , eighteen, , thousand dollars again, , how stupid is this guy? ? That's like granting yourself options the day before the loan announcement. . And of course, , these things are ripe for. . For, , this kind of abuse, , this is what you get went when the government starts literally like throwing money around all, , this is done very very hastily right because we think we have to act we have to act now. . and. . So this is what you wind up with. . You wind up with Kodak and you wind up with this poor sad sack <laughter> who who thought he wasn't GonNa get caught when he use P P peabody to buy a fricking Lamborghini. . It's you know somebody's going to include that in some kind of TV you know some kind of fictional TV show because it's just too priceless. . So that's where we are that. . That's where we are in. . You know the state of of all things financial <hes> in August of twenty twenty. . Boy Twenty twenty is the weirdest fricken year. . I mean things that I won't even get into some of the things that that people I know have been exposed to this year, , but it's just. . So it's also utterly weird when you shut who who'd a thunk who'd a thunk <laughter> when you shut down the global economy because you're afraid everybody's going to get the flu or whatever. . That all of this stuff would happen that you would get people you know in Lamborghinis with government money and you know Kodak Management taking money out of taxpayers, , pockets would have thunk it. . Anybody. . With a brain is the answer to that one anybody with a brain. . And what what you do about what you do about it well. . Look we told I told you to avoid Kodak because. . People look at that kind of action and the knee jerk. . The thing that's built into your brain you know that's that's been kind of evolving for hundreds of thousands of years in complete evolved for hundreds of thousands of years completely different circumstances that have nothing to do with investing. . So immediately, as , soon as you see that surge Kodak you want hit the buy button but I'm telling you it's deadly and wrong every single time
"kodak" Discussed on The Journal.
"Over the past few decades, the manufacturing of drug ingredients has largely moved overseas mostly to China, but depending disrupted that supply chain Chinese drug factories closed and prices shot up. and. The trump administration has been looking for a way to move more production of the chemicals that go into drugs back to the US. So last week, the government signed a preliminary agreement with Kodak for seven hundred and sixty five, million dollar loan to help the company manufacture these kinds of ingredients. My administration has reached a historic agreement with a great American company. You remember this company, it's called. From the good ole camera age the old days. To begin producing critical pharmaceutical ingredients Kodak. Why would Kodak, one to get into pharmaceuticals? I mean, wouldn't you in the middle of a pandemic and someone really give you money? Jeff Rogo are investing editor. It checks off two boxes. One, you're helping the country and you're helping us get healthy and to you can make a lot of money doing. This was an especially enticing opportunity for a company like Kodak. They'd spent decades as a major US company. But with the decline of film photography, they'd fallen on hard times declared bankruptcy in two thousand twelve. Ever. Since the company's been looking for ways to reinvent itself. If, you think about it could be well suited to make pharmaceuticals. It's been manufacturing chemicals for its film. For decades. The company's view, they already have the infrastructure in place to quickly start manufacturing drug chemicals. So when the federal government was looking for a company to make pharmaceuticals the called up. Kodak. Came to Kodak and said, can we make you a larger manufacturer that helps us about these chemicals that go into drugs in the United States? Obvious question someone might ask is why don't you give this loan to a drug manufacturer? Like this is stupid. Why are we giving this to Kodak? Right argument. The government would make the problem with the drug manufacturer is they're going to push their own drunk. They're gonNA, push the thing they want to come to market first. Kodak, is it making drugs? They have no FDA clinical trials there have no skin in the game, that's the logic and thinking behind the deal. But we'll Kodak might be a fit for this kind of project last week during the roll out of the deal, the company made some missteps. So about noon on. Monday to Rochester television. Stations Rochester is Kodak's home. They received a press notification from the firm that any agreements between the United States and Kodak was being announced, but it was very short on details. Both entities wrote stories. Shortly after the stories were published, they received calls from Kodak. Saint. What are you doing that news was not for publication and. What did Kodak say about that accidental wreak they had. Made a mistake. Sending a news alert to media about something coming the next day standard practice at the top of most of those things though if they don't want that information Al, they call you ahead of time and say, this is Boorda meaning you can't release it. Tell a certain time. Correct. In this case, they didn't call ahead of time and the notice didn't say bargain. They didn't tell the news stations until after the fact that that's what they. So new stations then immediately removed those stories from their websites. Issue is completely live in a world war once the cat is out of the bag, the cat out of the bag. One group that noticed the accidental release stock traders large type trading. Another investment firms had seen it. The stock shot up and the amount of people trading the security was significantly higher than any day in the past couple of months or years. The next day more details about the agreement came out and the stock shot. Even higher. The Wall Street Journal's Rachel. Levy broke the news on what this actual agreement was Tuesday morning. Then there's official announcement from the company and the stock. Skyrockets. Eastman Kodak is now small company with a big history and it's getting even bigger today shares surging shares. Kodak. Yes. Kodak tripling today better. Take a look at Kodak. On my surging one more time. This, you're seeing it, go from around two dollars. A share to his height. Sixty dollars a share. Wow, that's a huge increase at the huge. Doubling of a stock is crazy. This thing went from two to sixty. That's insane. The Stockton stay quite that high, it bounced around and level out around sixteen bucks, which is still a huge increase from before the news got out. That increase drew the interest of another colleague of Ours Tayo. Francis. Who covers corporate finance? Why did you start looking into? Kodak, what was it that your interest? While any time. There's big news out there. One of the questions I think on many people's minds is who's benefiting. And Anytime you see a stock price increase like that. There's a good bet that insiders benefiting and that's not to say, there's anything untoward going on right insiders, hold stock investors, want them the hold stock you. So they have skin in the game other times here. You see something that kind of makes you scratch your head and WanNa take a little deeper, and in this case, what we saw or some option grants to the executive chairman of the company the day before this announcement was officially put out. On Monday the day before the announcement, and before the stock shot through the Roof Kodak gave its executive chairman, a few million dollars worth of stock options. So when Kodak Stock Price soared those brand new stock options became worth tens of millions of dollars. This kind of activity can be suspicious because it looks a lot like a practice known as spring loading. So. If I'm being cynical and I, want to manipulate. My company's operations to my advantage, I'm going to release that news right after options. I'm going to release that news right after I get stock or I'm going to. Have the board, give me that stock options before the news comes out. This is something that. Actual. Investors and analysts are sort of wondering about Kodak pointed out that the Executive Chairman, didn't sell any of those options on the days. Stock Price surged meaning his prophets were only on paper. They. Also say he's never sold Kodak Stock and he has no intention of doing so. But even if the chairman didn't sell any options, the timing could still be to his advantage. Executives are typically given stock options based on the total dollar value of the stock package. Which means that getting a stock package when the price is still low can work to an executives advantage. The company doesn't say we're GONNA give you. You know ten thousand shares of stock. They say, we're going to give you a million dollars of stock. So. If the stock price is low that million, dollars turns into more shares. And Its stock price is high that million dollars turns into fewer shares. Getting his options just before the stock price jumped CODEX, executive. Chairman got a lot more stock options. No matter when he decided to catch them. Giving executive stock options just before the stock jumps isn't necessarily illegal, but if a company does it knowing that it's specific piece of information is about to make their stock a lot more valuable that can become a problem. Kodak says that in their case, the timing of the stock options was just part of a standard board meeting. Kodak has told us that the board. Compensation Committee met on the twenty seventh of July. The day the options were awarded and that that was its first opportunity to meet after shareholders have given it authorization to use new shares for executive compensation. So this was the first opportunity, the company saying for the Compensation Committee of the Board of Directors to meet and award these options, and so that's when they did in that interpretation that wasn't with an eye on the news. The next day, it.
"kodak" Discussed on Bob Lonsberry
"How this is handled that I can say this much that they didn't just wake up one day. The government is say we're going to give this long. We want you to do this. This manufacturing processes has been in discussion obviously planning for a long long time. Well, the thing I've taken away as your line I don't know much because I think that's actually a accurate here. This deal with Kodak for a long long time is at its most about six weeks. Right it. Kodak was queried by the Federal Government I. Think the best we've heard about six weeks before the announcement would you be interested in this make us proposal? Kodak in a very you know time concentrated way bust their butt and came up with a proposal. This literally was something that the overwhelming majority of the thinking and working in deciding was done in the two weeks prior to the announcement. I I I'm not exactly sure that I wanna live life where I see a bogeyman behind every tree wherein every good news story has to have some evil sinister plot. Right. And, I'm not exactly sure that I need to resent or judge or hate other people to go forward in the world, and on this matter is stocks are traded a public fashion. There is a intense regulation, their eyeballs out there like crazy folks make their living staring at screens all day long I imagine a fair percentage of them bring a little bit of brain power to the task right and so I gotta figure that mostly people mind their PS and QS and in those instances where they don't that lightning strikes them and they drop dead because of the scrutiny, both of the marketplace and of the regulatory folks right. So I know that you know we're kind of from around here and were half accustomed to pissing and moaning all the time. Especially if the word Kodak is involved and again I don't know if this loan is actually gonNA come through I. Don't know if this is actually going to work I can't imagine the Progressive Rochester, allowing a chemical factory. To? Open. In this area, are you kidding after the way they used to crucify Kodak when it used to be a chemical factory I have no a dog in this fight I don't give a darn one way or the other I would like to see jobs created. But. To innately be instinctively drawn to this is wrong and evil and bad. Just doesn't make sense I've explained to you the purchasing pattern of the day before, and I've explained you the purchasing pattern of the CEO those things are factual and they ought to be satisfying. You're going to have to find more probable cause before you can lock the guy up time for news after that Bill Riley give us a report on. What's going on in Greece coming up on newsradio CAM eleven eighty. The following testimonials from a real green brook tms patient Greenberg Tim as freedom from crippling depression that have lived with for my entire life. After tms, I now know what hoped truly feels like DMS. Therapy at Greenbrier TM is non invasive treatment for depression helped thousands of people who have tried everything else even medication without success. Greenberg TM ASS worse for those with treatment resistant depression are you or a loved one suffering from depression? Well, there's how green tea ms today to schedule. Your free. Consultation..
"kodak" Discussed on WSJ What's News
"Last week, Kodak announced, it had secured a seven hundred, sixty five, million dollar loan from the Federal Government under the Defense Production Act to shift gears for making photo supplies to drug ingredients. Now, we've learned that the Securities and Exchange Commission is investigating the deal joining me now with more details is Wall Street Journal reporter Dave, Michaels? So Dave Codex shares surged after news about this loan broke, and that got the attention of the Securities and Exchange Commission. What can you tell us about what they're now looking into? Well, we understand that the SEC has opened up. An investigation they're looking at trading in the shares just before the loan announcement was officially made, and then also how the in the news about the loan was communicated to the wider market. Why is that potentially a problem that Kodak had shared news of this deal with some media outlets before making this public wouldn't be a violation of criminal law, but but it could be a violation of the regulations that apply to public companies, which they can be straightforward. They can also beat her technical, but suffice it to say that public companies have to have a lot of rigor around how they communicate. Information, that is information that is going to influence investors decisions about whether to buy a seller, hold on a shares and if the company released information. About the control loan before the initial announcement in released in a way that was. Haphazard or not well thought through and then that information. Leaked down in some form or fashion to the wide broader market people traded on it than that could be a problem for Kodak as a public company just in terms of their responsibilities in terms of how they're supposed to control the flow of material information. So what are some of the questions still surrounding this deal that our team is looking into right now including this question about the disclosure in the communication? Of the loan, we're still looking into the loan itself in Kodak is saying that. Alone details are not fully finalized and yet the announcement was made last week that it was going to be getting seven, hundred, sixty, five, million dollar loan. So announcing net to the broader market, ensure holders developed certain expectations about how that's going to change. Kodak's business. But the loan is in guaranteed is not finalized. Query whether whether it was appropriate to make make that announcement at the time. We're also looking into continue to look into some of the equity options grants that were made to executives directors in the day before the day, just before the official announcement was made. So Dave, what are the potential outcomes from an SEC investigation of this sort? What can we see come out of this and when? You know we understand this is Very early days of this, I mean after all the announcement was just made last week, so it could take. Months to learn anything from either the company or potentially in the SEC. If actually brought any sort of official claims against the company. So we won't. We won't know anytime soon, and also it's also not clear that this would result in in a in former allegations of wrongdoing SEC opens up investigations all the time they ask questions, they do the dig into something, they take testimony and they might decide you know, hey, this, this was a little weird wasn't perfect way went down, but there's not a clear regulatory violation. Yourself is just something that I think people who are interested in Kodak Interested in in this story would just have to stay tuned. Wall Street Journal reporter Dave Michaels Dave. Thank you so much for joining me. Thank you. Mood and finally sales of backyard above ground pools have been skyrocketing this summer pull vendors say they're stunned by the surge in demand. Here's our Patrick Thomas a lot of people are there some plans have been canceled and justic basic community pool? The neighborhood pool that everyone would go to is not open this summer in some places, men, some homeowners, associations told us. They relaxed their rules about above ground pools, kind of sympathy. I mean, if you've got three younger children at home and in one example, the stories if you can't go to Disneyworld this summer, just getting a quick above ground pool for some entertainment with the kids is a great way to keep him occupied. So. The kids may be occupied, but things aren't going swimmingly with some of their neighbors, just the sound of a stereo system or the annoyance of a we'll going off throughout the night There's all these different things that neighbors say make above ground pools just a little bit more annoying on a time when people are a little bit more be shorter fuse or more on edge during the pandemic, kinder- less likely to tolerate their neighbors new hobby? And that's what's news for this Tuesday afternoon. We'll be back tomorrow morning if you like our show, please rate and review US wherever you get your podcasts, I'm Marie for totally for the wall. Street. Journal. Thanks.
"kodak" Discussed on American Innovations
"Pop rides to metric rides. There's a workout that every member of the family will love so this holiday give the gift of Peleton for a limited time time. Get one hundred dollars off accessories when you purchase the Peleton bike go to one PELETON DOT COM and use the Promo code innovations at checkout. That's one PELETON DOT COM Promo Code innovations at checkout. Hi I'm Lindsey Graham the host of one show American history tellers where we take you. Due to the events the times and the people that shaped America and Americans are values are struggles in our dreams and this week we start a new two episodes series on the longest and bloodiest family feud in American history. The Clay County war it involved four Kentucky families raged for nearly a century and ultimately claimed more than one hundred hundred fifty lives but it all started with the murder of one man by his brother-in-law to listen to the rest of our series on this Kentucky. Blood feud subscribe now to American history just retailers from wondering it's nineteen o seven an easement and his lawyer sitting across from the heads of the company to negotiate a buy out the only way to control the competing patent is to own it which is exactly what answer wanted Eastman is so angry about this entire situation that he has to Nashes is teeth to keep himself from lashing out one million dollars. It's our final offer. It's a good deal. If you think about it. Eastman's lawyer looks at him and Eastman can tell by the look on his face that he's going to encourage Eastman to accept the offer. The stakes of going to court are too high Eastman considers his lawsuit. Ludicrous a blatant blatantly grabbed. But there's a chance to legal system will disagree. Eastman takes a deep breath and prepares himself to accept the terms. But he can't do it. This isn't a negotiation. This is ransom and I. I won't be a part of it. You two should be ashamed of yourselves next to him his lawyer Stiffens A.. Aw Gee but Eastman's on a roll and he's not gonNA stop until he's spoken his mind. We've been out here. Perfecting and marketing are film for years. And now you vultures just try to swoop in and take what's ours. It makes my blood oil across from him. The men are taken aback. They didn't expect Eastman to react this way. I thought he would agree to the payment and that would be the end of it. They'd be richer and he's been has patent but for Eastman. This has become a matter of principle eastman is have ruthless businessman. He'll admit that he's bought out. Many patents and people would argue that his aggressive tactics have pushed more than one competitor out of the industry. But he's always done it to who advance photography to bring it to more and more people around the globe. It's these sneaks who want to eke out prophet without creating any value that he abhors Eastman looks at the two men sitting opposite him right in the eye. You two should be ashamed of yourselves. One of the ants go men shakes his head. He doesn't understand. Understand what Eastman is so bent out of shape over. This is good for you. If you buy our company you'll have a monopoly and you can raise prices. Eastman can feel his his face turning red with anger. He's insulted that this man would think that raising prices was his goal. is a much grander vision. A longer strategy that is not about out short-term gains my goal is not to raise prices. It's to lower them. We're trying to bring more people to photography. NOT LESS YOU IMBECILE EASTMAN turns to his lawyer or taking this to court I will not be extorted. He storms out as the goodwin patent suit wound. Its Way through the courts. The eastern found himself increasingly frustrated with the entire patent system Eastman stares out the window. Watching the drops of rain. Hit the glass across from him. His lawyer Stares at him expectantly waiting for an answer but Eastman makes no moves to answer G. Did you hear me Yes yes. There's there's a company in Boston violating our patent on photographic paper right. Do you want us to file suit. I suppose okay. The lawyers starts is to get up but eastbound continues. Its just as soon as we catch one company infringing on one of our patents another one pops up and I'm sure there are dozens of companies out there using our patents that we are utterly unaware of blissfully making money off of our research. The lawyer sits back down. That's true it's a problem that comes with controlling a lot of patents. One could argue that. It's a good problem to have Eastman. Scoffs I don't want problems. Good or bad and filing for a patent is equivalent of handing out a recipe to your best dish. Everyone sees exactly how we make our products and just gambles that we won't catch them more trouble than they're worth. A lawyer looks at him concerned. You still have to file them. Eastman waves his hand dismissively. Yes yes of course but we need to find another way to stay ahead. As far as I'm concerned the only thing patent buys this is time and you mean. Competitor can't start on their product until they see how we're making ours. Which means Arza I market? We need to stay so far ahead. They never catch up. They can make yesterday's product as long as we're on tomorrow's if we keep customers focused on the next model product or whatever we won't have to bother author with playing defense against our pounds. The lawyer looks at him. Is this realistic. Is that any easier than patrolling patents. Eastman turns to look get him a frown on his face. That's the question you trails off looking back out the window imagining how this could work. How many models? They would need to develop how fast they would have have to introduce them wondering if his chief camera designer has the imagination of pull this off. Wouldn't you be undermining your own products if they became outmoded by new ones all the time. Hi It's got to be the way we work. There are new thrills on the market every day. There's no slowing down. Only speeding up the business model eastman pursued would become one of the first instances of planned obsolescence through frequent changes in design. You convinced customers by not just one camera but new cameras immerse on a regular basis in nineteen thirteen eastman lost a court case against the court ruled that went stupor reduced. The amount of camphor in the emotion motion mixture resulting film was nearly identical to the one goodwin had invented. Eastman's lawyer immediately appealed pretty urged Eastman once again to try to come to a deal deal with Antonio. If he's been lost the appeal he could. Oh money to the an SCO company for every roll of Film Kodak had produced it would bankrupt the company it was an an interest to avoid a drawn out appeal process to and they agreed to settle the case for a fee of five million dollars always prioritizing the longevity of the business over his personal the finances eastern paid the sum out of his own pocket. You worried that stockholders get anxious. They knew how close to financial ruin. He had brought the company the Kodak Company continued to innovate. They developed x Ray film during World War One. They created an aerial photography school and developed cameras specifically for that purpose. Eventually they developed color Phil Eastman retired from Kodak in Nineteen Twenty Five. It's seventy one years. Old Stupor replaced him. As President of the company seven seven years later after being diagnosed painful degenerative Spine Disease Eastman committed suicide. He left behind a note that read my friends. My work it done. Why wait throughout the twentieth century? The word Kodak was synonymous with Snapshot Even Today Could Act remains one of the fifty most recognized brand logos goes in the world December. Nineteen seventy five and Steve Sassan a twenty five year old electrical engineer with Eastman. Kodak Kodak picks up a toaster sized contraption and aims it at his lab assistant weighing eight pounds and with two distinct parts camera on top welded to a digital cassette writer on the bottom. It's hard to manipulate. His hand stretches awkwardly to reach the button on top butterflies flutter stomach. There was no way to test the camera until it was fully assembled. He has no idea if what he's been working on. We'll work at all but if it does it will be a game changer. Okay say cheese cheese. Jeez okay hang tight they wait. Is the machine continues to were. It feels like it's taking forever. Sassen taps his foot on the floor anxious to see see what he captured. Finally Twenty three seconds later the worrying stops sassoon objects the digital cassette from the reader and quickly crosses the room to a TV which has the digital cassette reader hooked up to it. Fasten inserts the cassette into the reader and the waiting begins again. Another twenty three seconds later in image appears appears on the screen Sassen lets out a whoop the images Greenie only point one megapixel and in black and white but it is clearly on the television being read head off of a digital cassette tape. The assistant is quiet. She's not as excited by the image or profile and hair visible where her face should be. Just static I think it needs work but SASSAN is grinning ear unperturbed by the glitch. Oh that static just means I reverse wires. That's that's that's an easy fix. The important part is that there is an image up on that screen now the assistance miles. So we did it. We did it. The first portable digital title camera can't wait to show the bosses but the Kodak bosses didn't pursue the digital camera they proved its research and development but when push came to shove Eastman's ethos of being in the business of film. Cameras prevailed worried that digital cameras would cut into film sales. Still the main driver of profits. They you put sausages invention on hold for twenty six years until it was too late. In the meantime other companies like Sony Casio. Canon would come up with their own digital cameras and consumers wouldn't hesitate. They've been conditioned to embrace new technology over the past century when Kodak finally came around to selling digital bill cameras in two thousand and one Rizzoli few years left before consumers were onto phone cameras in January twenty twelve Kodak filed for bankruptcy but photography continues to flourish. We may not rely on Eastman's roll film anymore but our ideas of what photography is who can do it and which moments it's in our lives are worth saving and be traced back to his inventions and his quest to bring photography to the masses. And thank you for listening. You like our series. Please give us a five star review and tell your friends to subscribe or available on Apple podcasts and spotify. NPR One every major listening APP as well as wondering Dot Com. If you're listening to smartphone tap or swipe over the cover art of this podcast best. You'll find the episode nodes details. You might have missed that quick note about those recreations even here in most cases we can't know exactly what was said so those senior dramatization but they're based on real historical research. You can find some of the articles become useful in the episode notes. American innovations is hosted by me Steven Johnson. It's for more information on my books about science invasion you can visit my website. WWW Steven Berlin Johnson dot com sound design on. This episode is by Landon Endon. Lipinski is episode was written by Austin reckless. Editing Elisa View American innovations is produced by Emma corden executive produced a marshal Louis and her non Lopez for wondering..
"kodak" Discussed on American Innovations
"Them but Eastman wasn't satisfied. He wanted film to do for Visual Representation Tation. What cancels did for the written word? He wanted to do it under the name Kodak. He called it the company's manifest destiny in order to fulfil it. They needed to bring photography to the most unlikely demographic eighteen ninety nine in Eastman sits across from a potential investor. They were connected by Henry. Strong Eastman's friend company President Eastman takes a sip of his drink. The two of enjoyed a nice dinner of steak baked potatoes now. It's time to to get down to brass tacks so strong tells me you might be interested in investing in the Eastman Kodak Company. Well strong might have gotten a little ahead of himself of you in your company are clearly very successful. But I do have some concerns about the future. If it's about the reliability of our film I can assure you we have that sort it out. No so it's top that your product has been good and stable for a while now. People seemed to enjoy taking photos more than I thought they would. But what assurances do I have have that. This isn't some flashing the Pan. The people won't get bored of taking their little snapshots as you call them for. I put in any money. I WANNA know that in a year. We're to these cameras won't be sitting gathering dust Eastman leans forward. He's been waiting for this question. This is a common concern and frankly it's not based in fact. Excuse my bluntness. But you're looking at photography all wrong. It's not a pastime if it's not a pastime than what is it it's a visual visual record of daily life. Humans have been craving that from the beginning of time. You can see it in the ancient cave. Drawings in the paintings of Phil museums around around the world photography offers the easiest and most accurate record the world has ever known that desire for pictorial. Record will never go away back just as the desire for a written record is never faded investor is quiet moment sipping his drink fair enough however I did some research it seems seems like the primary market for your camera is affluent. People who typically by to document their vacations we got out of one economic downturn and it looks like another one is. It's headed our way. How long can this market sustain you? What if I told you? We're working on a new camera. One that would target a whole new audience for the first time that night Eastman sees a spark of interest flash behind. The man's is what kind of audience. He's been pauses for a moment letting the suspense grow. He's getting a little ahead of himself. He doesn't have the buy in from his board or the camera to do this. At the price point that will be necessary but just like with replacing in glass plates with rollerball film knows this is the way forward. It's just a matter of figuring out how Eastman Leans forward children when Eastman has been released his first Kodak Camera for twenty five dollars. He started the process of bringing photography to the masses. Now he's going to finish it. American innovations is sponsored by policy genius. It's already December as much as we love getting seasonal. This this month can be a bit stressful to look. We've all got a long list of things to do for the holidays and if life insurance is one of the things way down on your list policy genius this might be able to help you cross it off. They'll find you the right life insurance at the best price and do all the work to help you get covered policy. Genius makes finding the right life insurance breeze in minutes you can compare quotes from the top insurers to find your best price once you apply. The policy genius team will handle all the paperwork and red tape and policy genius doesn't just make life insurance easy. They can also help you find the right home and auto insurance or disability insurance so if you need life. Insurance aren't sure where to start. Why not start at policy genius DOT com? It only takes a few minutes to find the right life insurance policy apply and cross another thing paying off your to do list policy genius when it comes to life insurance. It's nice to get it right. I'm sorry I I don't think I heard you correctly. You want to sell these cameras for how much eastman takes a deep breath. It's eighteen ninety nine and he is making his pitch to the board for his newest camera. It's not going well one dollar. I know that's low but the board member cuts them off. That's it's not low. That's rock bottom. There's no way we'll turn a profit on a camera that cheap continues to laugh and other board members. Join him respectfully that that is the point. The man doesn't have a response to that. He just looks at Eastman like he's lost his mind. The other board members seem similarly confused Eastman Smiles Gentlemen. Bee's men Kodak Company is not in the camera business. Several board members start to protest but eastern keeps talking we. We are in the photographic materials business that means film first and foremost but it also means printing paper and Development Chemicals. These are the economic economic engines of our company. He pauses allowing what he said to sink in. We are going to all but give away this camera so that we can sell customers film film paper and chemicals for the rest of their lives. We're going to eliminate the barrier to entry. We're going to make it nearly free to get started with all due respect. This model only works. If you sell a high enough volume of film this is a luxury item. No one needs to take a picture. Customers will come back for the second roll of film in in what in a year. I would argue. That people do need to take photographs that it's human nature and that it will become more and more of an impulse to your point though so you're right we do need to sell in volume which is why we are aiming at children. We will create a lifelong consumer. They'll start with our cheap camera and as they grow up they'll graduate -aduated to are more expensive ones. You pause for a moment looking around the room. He wants this next sentence to land. He's been working on it. We're planting the ACORN corn. So the OAK will grow Eastman sees most of the board members starting to nod their seeing his logic. There's one hold out though the original complainer still has a frown on his face. A Guy Agree. This all sounds Nice in theory. But we've offered cheap cameras before we had the ordinary Kodak for six dollars dollars the bullet for eight. They didn't sell. How do you think this time will be different? Eastman shakes his head frustrated. That this man still isn't getting it. Those cameras tape but not cheap enough. We need a camera that truly feels affordable to all camera that apparent won't hesitate to buy for their child because it's not the end of the world if they break the troublesome board members shrugs not willing to fully concede all right we'll try it. He pauses for a moment then So what are we gonNA call it. Kodak Junior Eastman grins the Brownie. Their silence for a moment is the board members. Try to figure out why. Why that name? Suddenly it clicks for one of them. Oh like those little characters. In the children's books brownies were naughty. L. L. Flake creatures that were featured in several picture books and magazines starting in the late nineteenth century. Exactly we're going to decorate the box with Brownie characters. To kids.
"kodak" Discussed on American Innovations
"<Music> <Music> <Music> <SpeakerChange> <Music> <Speech_Music_Male> American <Speech_Male> innovations <Speech_Male> is supported by <Speech_Male> Wicks. You <Speech_Male> got a business that needs <Speech_Male> <Advertisement> a professional website <Speech_Male> <Advertisement> look <Speech_Male> <Advertisement> no further than <Speech_Male> <Advertisement> wicks. I've used <Speech_Male> <Advertisement> them myself to create eight <Speech_Male> a website to promote <Speech_Male> one of my books. And <Speech_Male> I'm so happy with <Speech_Male> how it turned out. Wicks <Speech_Male> is the most <Speech_Male> technologically advanced <Speech_Male> website building <Speech_Male> platform. There is <Speech_Male> <Advertisement> small startup <Speech_Male> big business surp- <Speech_Male> Inter Galactic <Speech_Male> Empire wicks <Speech_Male> <Advertisement> gives you the freedom <Speech_Male> to create a unique <Speech_Male> and powerful website <Speech_Male> that evolves <Speech_Male> with you which <Speech_Male> has all the tools <Speech_Male> you need to create <Speech_Male> manage and grow <Speech_Male> your online <Speech_Male> presence. You <Speech_Male> can automate your workload <Speech_Male> with online stores <Speech_Male> a booking <Speech_Male> system and <Speech_Male> an online invoice <Speech_Male> generator get <Speech_Male> the best. Seo <Speech_Male> Email marketing winging <Speech_Male> branding tools <Speech_Male> to make your business <Speech_Male> stand out <Speech_Male> and with twenty <Speech_Male> four seven support. <Speech_Male> You'll get all <Speech_Male> the help you need to do <Speech_Male> it right. <Speech_Male> So if you're <Speech_Male> ready to boost your <Speech_Male> business do <Speech_Male> <Advertisement> it with wicks <Speech_Male> <Advertisement> and for <Speech_Male> listeners of American <Speech_Male> innovations if <Speech_Male> you go to whigs dot com <Speech_Male> and use the coupon <Speech_Male> code. Ai <Speech_Male> You'll get ten percent <Speech_Male> off when you're <Speech_Male> ready to go premium <Speech_Male> that's Wicks dot <Speech_Male> com code. <Speech_Male> <Advertisement> Ai For <Speech_Male> <Advertisement> ten percent off <Silence> <Advertisement> any premium plan. <Music> <Advertisement> <Silence> <Advertisement> <SpeakerChange> <Speech_Music_Male> <Advertisement> <Speech_Music_Male> <Advertisement> If <Speech_Music_Male> <Advertisement> you like our series <Speech_Music_Male> <Advertisement> please give us a five <Speech_Music_Male> <Advertisement> star review <Speech_Music_Male> <Advertisement> until your friends to <Speech_Music_Male> subscribe. <Speech_Music_Male> <Advertisement> Were available on Apple <Speech_Music_Male> podcasts spotify. <Speech_Music_Male> NPR <Speech_Music_Male> <Advertisement> One in every <Speech_Music_Male> <Advertisement> major listening APP <Speech_Music_Male> <Advertisement> as well as at <Speech_Music_Male> <Advertisement> wondering dot Com. <Speech_Music_Male> <Advertisement> You're listening on a <Speech_Music_Male> <Advertisement> smartphone tap <Speech_Music_Male> <Advertisement> or swipe over the cover <Speech_Music_Male> <Advertisement> art of this podcast. <Speech_Music_Male> <Advertisement> You'll find <Speech_Music_Male> <Advertisement> the episode notes <Speech_Music_Male> including some details. <Speech_Music_Male> You might have missed awesome <Speech_Music_Male> <Advertisement> and a quick note about <Speech_Music_Male> <Advertisement> these historical <Speech_Music_Male> <Advertisement> recreation. You've been <Speech_Music_Male> <Advertisement> hearing in most cases <Speech_Music_Male> <Advertisement> we can't know exactly <Speech_Music_Male> <Advertisement> what was said <Speech_Music_Male> <Advertisement> so these scenes <Speech_Music_Male> <Advertisement> Dramas Asians. <Speech_Music_Male> <Advertisement> They're based on <Speech_Music_Male> <Advertisement> real historical research research. <Speech_Music_Male> <Advertisement> You can find <Speech_Music_Male> <Advertisement> some of the articles found <Speech_Music_Male> <Advertisement> useful in the episode <Speech_Music_Male> <Advertisement> notes <Speech_Music_Male> <Advertisement> American innovations <Speech_Music_Male> <Advertisement> hosted by me Steven <Speech_Music_Male> <Advertisement> Johnson for <Speech_Music_Male> <Advertisement> more information on <Speech_Music_Male> <Advertisement> my books about science <Speech_Music_Male> <Advertisement> and History of innovation including <Speech_Music_Male> <Advertisement> my latest <Speech_Music_Male> <Advertisement> one farsighted. <Speech_Music_Male> <Advertisement> You can visit my <Speech_Music_Male> <Advertisement> website. WWW <Speech_Music_Male> <Advertisement> Steven <Speech_Music_Male> <Advertisement> Berlin Johnson <Speech_Music_Male> <Advertisement> dot com <Speech_Music_Male> <Advertisement> sound design on. This episode <Speech_Music_Male> <Advertisement> is by Landon <Speech_Music_Male> <Advertisement> Lipinski. <Speech_Music_Male> <Advertisement> This episode was written <Speech_Music_Male> <Advertisement> by Austin <Speech_Music_Male> <Advertisement> reckless with editing. <Speech_Music_Male> <Advertisement> By Liza veal <Speech_Music_Male> <Advertisement> American innovations <Speech_Music_Male> <Advertisement> produced by <Speech_Music_Male> <Advertisement> EMMA CORTLANDT <Speech_Music_Male> <Advertisement> executive produced by <Speech_Music_Male> Marshal Louis and <Speech_Music_Male> Hernan Lopez <SpeakerChange> <Music> for
"kodak" Discussed on American Innovations
"The manager. He also awarded Reichenbach fifty shares of stock in a company in August eighteen. Eighty nine the first roll of Nitro. Cellulose film hit the mark argued. There was an immediate success but as the company grew Eastman struggle to manage such a large workforce in his heart he was still the man who made dry plates by himself so after working at the bank controlling the entire process from start to finish delegation was difficult micromanaged. Everyone around him. He timed his employees. Louise Bathroom breaks and instructed janitors. On the best way to hold a broom. And sometimes that led to conflict. It's eighteen ninety and Eastman Eastman is rushing out of his office and down the factory stairs furious look on his face employees. See Him coming step out of his way and try not to call attention to themselves. Nothing and good happens when Eastman is one of these moods all you can do is hope. You're not the target Eastman head straight to the emotion making station where he finds Reichenbach laughing with his brother. Homer who recently joined the company Eastman feels the anger bubbling. Inside of him Reichenbach Reichenbach turns toward Eastman and his face falls. He knows what's coming. I just got off the phone with Anthony. And he says you haven't delivered the film they ordered. What is the problem as I believe I mentioned? It's a delicate process. Says enough of your excuses. Their pathetic. Just get the job done and another thing. Turn out some of these lights. You not much cost to keep these all burning your manager. Did you have to think about these things. Don't be an imbecile. It takes all of Reichenbach self control not to yell back to demand Eastman try making the film. At the speed he is desiring Zairean. Eastman is his boss. He asked to bite his tongue. Yes Sir by 1891 Reichenbach had enough rocking. Mike sits at a local pub with his brother homer in two other colleagues. Look if I sell my stock we have enough capital to get started. What do you say say won't even come after US and enforces patents? Jerry will but all we have to do is tinker with the emulsion formula just enough so it's not a violation. The men men still look uncomfortable. Eastman is tough boss but the company is successful and they know Eastman will be aggressive and trying to shut their company down the choices this boys we can either continue to work for a man who berates US makes us work ungodly hours and Co hosts on our talents or we can use those talents. The talented came up with the NITRO cellulose film and worked for ourselves. One of the men raises his beer. Glass to working for ourselves dorky ourselves. They're quiet quiet for a moment each in their own world imagining the future. Then homer speaks up we know Eastman will come down hard and fast just wish we could get a headstart. Give us some time to get up and running. We can start building a stockpile of film on her own now so we have it ready to sell the minute we quit. It's it's too easy to detect our production numbers going down homer nods. What we need is a way to slow Eastman down a distraction Reichenbach shifts forward God speaking in a low voice early audible over the din of the bar? What if we sabotage? The company destroyed the emotion so badly that Eastman in house to shut down production. If Eastman isn't producing we'd have the opening. We need to get started. The men exchanged glasses Reichenbach rate. It has to be done. They just don't WanNa do it after the attack on the factories emotion station. It doesn't take long for Eastman to find out who is responsible. And you're telling me Reichenbach did this. I I'm really sorry to be the one to have to tell you Sir Eastman knows. The young employees standing opposite his desk is merely a messenger but but it feels like the man has just punched him in the stomach. He stunned with finally manages to respond. No no thank you for telling me you may go. The man curry's to lead Eastman stands up from his desk and begins to pace as office unable to sit still. He can't believe it. He and Reichenbach where it team. They understood each other. They were going to be unstoppable together. What happened yes? He'd been hard on him at times but that was just because he knew. Reichenbach had potential doc to run the company. One day didn't know that he put the patent in Reichenbach name given him. Fifty shares of stock. Put Him in charge of Kodak Park. Never dreamed dreamed Reichenbach be so ungrateful. He knows what he needs to do. He picks up the phone and calls his lawyer. George Eastman we have an urgent situation and I need to make sure all the patents for the transparent filmer ironclad and we're prepared to do whatever it takes to shut down. The new operation started by Henry. Bock Henry Reichenbach really yes. I'll be there as soon as I can. Eastman hangs up the phone and waits. There's no time for sadness. Reichenbach is now the enemy Reichenbach sabotage ruined over. One thousand gallons of emotion resulted in shipping helping out forty thousand feet of defective film. Eastman was left without an emotion maker throwing the company and crisis just as it was finally becoming successful. The Kodak Company wasn't down for long in Eastman came after his former partner with twice the vengeance fracking company never shook itself loose from costly lawsuits suits and by eighteen. Ninety six folded Eastman delighted in purchasing the company's assets for rock bottom prices put more challenges lay ahead nineteen ninety-three. The country plunged into a depression that would force eastman to reinvent photography for an even broader audience. What he came up with would would transform the medium from a passing fad into an enduring part of the human experience?.
"kodak" Discussed on Congratulations with Chris D'Elia
"So and then somebody writes, oh, you're one of those guys. And you know, what I have to say to that. You're God damn right? Dude. I'm not not one of those guys. I hate that ability fifth Atip of the lipid enter, but. Does she? The hair your K. Be the. I don't know. Like, and then, but there's people. That will be like he's talking real shit. That's the shit. That kills me. What are any of these things mean, I'm old? Bro to be honest. I don't think Kodak can ever make a bad song. Like if you agree like somebody thinks that. And then somebody else writes on God. I'm like this comment. What? Okay. Okay. Why God for that? This shit. If you're reading this. I hope you never go broke again. At it. If you're broke. I hope you get rich. Thanks, bud. You just did nothing. Some guy rich. What happens if you're broke already? Before edit. This chick Kodak can have beef with TI or even Trump, and I'll still listen to his music, that's an odd one. Wow. I mean, he's got such a fan base is way bigger than mine. So I guess on the fucking idiot. I don't get it because anybody could do. That's the thing. I don't get. Producing the music because then okay? But he's not. All right. He just wrapping anybody can do this for real. And I know people are like, no. But they can't. But you can. Yeah. You can I can do that. I can do that. I can do exactly I couldn't do that. That's it. I'm calling black. How rail if you own a chair, I heart failure? And is a garden a beer. That's that's ill as shit, dude. I'm fire. I'm fucking fire. I mean, look at this. This is just for fucking. This is just off. This is off the top of my head, dude. This is just fucking straight up off the top of my head. Arguable pop into jail, you're going to tap into straight in for groping today. A chair vision dropping drop in trail. So we put frapp in Israel opponent pot in the kitchen reform jock. And we took in the flown, which they're going to straight topped with fire Butch grail, polka chair going into fucking. Stuck in the puck and a. Another corn Cam Jordan brand. Rip up. I not chip. Pancakes. Rippin the hip in jail from pancakes. Man, we're going incher shit it that real. For this chair. It's not gonna fuck in a second got your fucking. Doc flipped up chicken. Figuring pace do I fucking..
"kodak" Discussed on No Jumper
"They play the beat nuts. They play tribe. They play daily. They play souls of mischief mischief day care when they play. Are. They wanna play stuff that's relatable that people already have metal. Why wouldn't they in the arena during the game play the shit that that the kids in the arena like because it doesn't have that same feeling like classic hypothesis trying to you know, it's the same reason that you would be more likely to hear somebody in the Beatles or Led Zeppelin? Current popular rock wanna say play the dope shit right now choice it they'll never doing in twenty years from now they won't do it. Because that shit doesn't have the Bank. The majority of doesn't have the smack the soul defunct the guts, the heart. That all the Olczyk is the thing. I was listening to allow Kodi black in the lead up to this realizing that I was going to defend him to some extent. And he actually reminds me to park a lot in the sense that not skill wise. But neither of them are very technical rappers like big, you could say, okay, big. It was like a really dope. Classic New York City. MC had a log on from in that sense. But to pack was maligned at the time for not being lyrical enough. And that was and that's something that you can say about Kodak to they both have the same appeal in that they have a lot of feeling a lot of heart there. Content. A lot of feeling but you can't skill wise. I never questioned to pox skill. And and the I mean, listen he was doing thug shit. He was doing. Dear mama Schick. He was doing party joints. He was ramming the different different cadences different flows. To park was was a student of the fundamentals a hip hop. So the co the Kodak black having a heart and having a lot of feeling and having you could tell it. It's a person that that has a lot to say get off his chest. And I like that. But the skill level. You can't compare it to that. You can't compare that shit. Tanaz you take what is best song? You definitely can't compare to Naza. I don't think that that's the appeal. What is best? I mean for me, I go back to know flocking because I was the one of the first songs that I wrote found you can't take that song. And compared to a biggie freestyle. You can't take you know, that big freestyle on the corner. I got when he's like when he's out there rhyming. That's that's a free when he was fifteen. You can't take his best song and put it a free style that you never thought it would ever see the light of day. Okay. But if you were to look at a full spectrum of all of the attributes that that have to be built up together in order to form a successful or popular rapper. I'm going to be honest. I think that technical rapping ability is not a gigantic percentage of that anymore. So many people look at the music, that's popular. It's very it's almost never for. It's like sheer lyrical ability. It's just that people care about music makes them feel something, and I feel like there's a lot of different ways to get there. But when you look at Kodak style, it's like you could point to a lot of other layers from down south that were hated on in the nineties and everything because they weren't as lyrical, right? He's coming on your Kodak's Orson extension of that where and that gets fuck with common fuck with. I've never been like east coast west coast. I've thought at all, but I know I get what you're saying..
"kodak" Discussed on PetaPixel Photography Podcast
"But for good reason and Boeing's is back from the dead, again, all that and more in episode three twelve of the paddock pixel photography podcast. Thank you so much army for opening show. I greatly. Appreciate it sister. New Jersey-based Nikon embassador charming pain, a- has made her Mark specializing in Indian and southeast Asian, weddings. And her work is absolutely stunning. If you've never seen these types of weddings, before you are totally in for a treat their colorful. They're amazing. And if you don't know what you're doing. You're just not going to do them Justice at all, thankfully, though charming does. And in a big big way. She's not just simply they're looking for moments and capturing them she's doing all that and creating art at the same time. Now do yourself a favor and be inspired by her beautiful work on over at her website. Which is charming paying a dot com at C H A R M I P N, A dot com. You're definitely going to be happy that you did. And I'd like to thank you all for join. Us here in episode three twelve of the paddock pixel photography podcast. We appreciate you all so much. And thank you all for subscribing rating interviewing us, and I tunes or wherever else you listen to us. And that now includes Pandora, and as always we appreciate hitting that subscribe button. Do it now, please. So you don't miss a single up Assode as well. As town all your friends on social media and elsewhere and helping to get the word out about this show. Okay. With that. I'm your host Sharkey James. Let's hit it. You guys should seriously see the Haiti meals, I get from the CF when I criticized not just the viability of film, but Kodak specifically it think I was talking about their religion or something. Remember the sea in CF g after all stands for cranky. So it goes with the territory, and I imagine that the latest news, a Kodak isn't going to do a whole lot at turn that frown upside down for them, a vein might actually appear in their foreheads when they hear that Kodak Laras is planning to get out of the photography and film business. Yep. You heard that correctly not long after making extra chrome one hundred a thing. Again, they want out lesson. I'll say it again film photography, not exactly a growth business. You know, Kodak Searcy loves the Kodak itself over and over and over again, it's predictable at this point. It has been for a long while actually they not only saw digital coming. They. They were a pioneer in it. And you know, what they said the horseless carriage or digital photography will never take off. We're all about the horses or film have look at Kodak stock price. And you would swear that you're looking at a really sweet black diamond run at your favorite ski resort. It's not pretty and you might recall that back in twenty twelve win Kodak filed for bankruptcy it owed a Wapping two point eight billion with a B dollars to the UK Kodak pension plan. Also known as KP withdrew firesale status. KP paid three hundred twenty five million dollars for Kodak's imaging and document businesses which were made up of Kodak paper photo chemicals and its film business or ppfe as it's called an in doing so Kodak Alaric in the UK shares the rights to the Kodak brand with the Rochester, New York based Eastman Kodak company, which makes the film and paper for Kodak Loris fast forward..
"kodak" Discussed on Unchained
"Oh gosh there are so many of them i like to point to kodak coin even the that one gets chuckles among the blockchain community but a lay person can really understand that that in order to sell a photograph on the kodak coined blockchain of photographer has to upload the photograph using a kodak coin and someone who wants to license it and download it has to has to purchase that with a kodak cone so that is that would be a digital rights platform and that would be a utility token that unlocked a licensed to use content on the internet and do you know if the regulators were also thinking whether or not something like ether on the theory of network would qualify i don't know the answer to that i think at this point there so much that has been done on the theory of network that it would be difficult for the regulators to contend that that was a security in an unauthorized security offering the fact that they took an enforcement action against the dow which was of course subsequent to the therion blockchain does lead me to conclude that they're not likely to to pursue an enforcement action but i'm not an attorney and in this i'm not a practicing attorney and in this day and age i think a lot of folks are nervous for sir so another jurisdiction that has created this official category called utility token and they even used that term is switzerland and obviously here in the us this is one of the big questions everyone's wondering about at the federal level with the sec do you have a sense of what the sec's attitude is to the wyoming law.
"kodak" Discussed on KKOB 770 AM
"That it would be facebook or apple or some somebody like that kodak is the one that comes out and does it and what they've done is you know how you have uh you know of a stock photo thing what is it not reuters but uh you always see it's ego therefore stock photos rife of news things and on of you ever see a but he added a few companies that together is a company that you know at the big one takes you you sell your or you post your photo of you know i've got the president picking his nose and they put it on a on a service and that service goes and everybody has it and if you wanna use it for television or radio or newspaper something that you just buy it from them into that company pays you getty images getting images that's what it is okay so uh kodak has decided they're going to do it and so what they do is in your camera you will take pictures and it will automatically go in to block chain and be held by you and you can immediately post it i mean you take it it and it posts for sale from kodak mmhmm and then there's no middleman they're not negotiating anything it's just posted they want to buy it they buy it through kodak coin you get paid immediately and it's that simple and there's no middleman that's kodak coin that's great that's really brilliant it's interesting to a because they're having a bigger renaissance because they've tied themselves to this bloc shane idea and that's happening to a lot of companies and it's.
"kodak" Discussed on Rocket
"I am really empathetic to kodak who kinda miss the boat additional photography chill the point near really made their company worth two dollars fifty cents a share which is very damaging but i don't see really an implementation for this that is really gonna help move the ball forward it just a kind of it feels like a a gimmick and we're seeing this with a lot of cryptocurrencies like i was looking at this today did you guys here about woman coin no vowed has no right it's exactly what you think it is like that reality i wanted as ego the page just like a cryptocurrency for women and you're what does that mean what technology is different about this is to say it's time women had a cryptocurrency of our own in your it's just it you know what i read this is why warren buffett is saying things like the cryptocurrency bubble burst and i'm like yeah yet al's i kinda understand sv it's funny because there's there's interesting creative applications like the the crypto kitties which is i think a frivolous but also kind of awesome weirdly yeah like it's in this strange creative space in it so it it it's it reads like science fiction and then there is something like this where it's kodak's of your rights management platform like kodak's proprietary rights management platform like women currency and the um i guess this isn't cryptocurrency but the thing i was reading about earlier today was using the blocked chain to sign contracts for.
"kodak" Discussed on Rocket
"I don't know that's all i can come up with thailand get you know what i mean like i think a lake average people don't really like sinkor care about who is our or photography is getting stolen or repurpose i think that's true and i don't think that kodak is the kodak is introducing their own cryptocurrency is necessarily going to change that especially because i feel like the the people who are going to be excited about this it's such a good a such a small group flake investors and people who are already interested in cryptocurrency yes photographers maybe but like the truth is that people aren't necessarily thinking about where the images are coming from like were so condition to just go to google and not even to go into the tools and like look for images that can be modified legally but just like they're also available and it's so hard to police and even if the initial buying and selling happens somewhere uh where it's protected i i it's just i don't think it's really gonna change anything we'll think about i was trying to think about this from the let's imagine the other ultimate example so let's say uh joe kodak goes back to night time had shown at manages to build blade drm into your netscape 10 an you know you can't uh put any image in a web browser that it doesn't meet this check so so let's imagine that future think about how the police would handle that let's say a police camera caught in the image of a cop doing shooting a citizen in a way that really broad outrage then you couldn't put that online imagine like a criminal evidence something ing introduced into court that not being shown to the public like dc i mean like you take this idea to the ultimate example and doesn't really work either so i feel like.
"kodak" Discussed on KSFO-AM
"Kodak like three gp or something that's fine we won't do it it would pay rida yeah you have this all get better if you install v l c and if feels see doesn't do it there's than one step more that you can go it's called k alight k l i t e and they make a video kodak pack that includes everything under the sun the only reason i don't say it right off the bat is i do believe i'm not sure but i do believe kayla include some proprietary codex without licence so just to be safe anyway the of finding a kodak guide dot com the kailai k l i t e kotik pack don't install that entail you've tried via c v l c is legit and good and i like it get it from videoland dot org you'll be fine but if it does it if you still say is still says ecu plan of the right compressor then try k light if if you can't play it back with k light or veal see if you've got those both installed as still will play back then it's damaged because i don't know of a kodak is not included in those two okay and as i said vocs probably all you that renate okay okay k r go yet i promise you this very common problem a promised useful solve the kodak is short as i said for compressor de compressor video has to be compressed on compressed video your computer couldn't do it it's too to dance to data rich so we always compressed video at least a little and sometimes a lot the most common codex out there now are the paying for and and pig to kodak's and h two sixty four and more recently you'll see a lot of these in the future aged up to sixty five which supports for cave video and so those are those are designations for a kind of compression decompression technology and you know windows comes with a pretty good said but not everything nothing comes with everything and one of the reasons they install those in veal see as veal whole point of the via c players to play anything back jimmy video i can play.