Eastman Kodak to reorganize digital imaging
Article Abstract:
Eastman Kodak announces plans to reorganize its one-year-old $500 million Digital & Applied Imaging group to improve production and marketing of digital cameras, imaging software and other products. Analysts believe the company is trying to improve its position against HP and Microsoft Corp, which are making impressive gains in the imaging market. The division will be broken into five business units according to function and customer base. For example, its cameras and scanners, which had been divided within the group, will fall into a 'capture' unit, and printers and portable Photo CD players will fall into an 'output' unit. Kodak has also created partnerships with Microsoft, HP and other companies for the development of imaging technology. The new 'output' unit will work with HP to develop inexpensive ink-jet printers.
Publication Name: The Wall Street Journal Western Edition
Subject: Business, general
ISSN: 0193-2241
Year: 1995
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Microsoft loses appeal in worker-benefits case
Article Abstract:
Microsoft has lost its court case in a federal appeals court, which ruled that the software giant had wrongfully excluded employees from participating in benefit plans by classifying them contract or temporary employees. The court's decision will cost Microsoft millions of dollars and will set the precident for similar situations in the US, where employers are using contract labor to meet work requirements and save money. The case was brought against Microsoft by a group of workers that for years worked along side full-time Microsoft employees performing the same tasks, under the same managers. These employees were excluded from participating in an employee stock-purchase plan to acquire stocks Microsoft stock at 15% below its market price.
Publication Name: The Wall Street Journal Western Edition
Subject: Business, general
ISSN: 0193-2241
Year: 1997
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Microsoft Corp. explores TV alliances with Time warner, TCI, other firms
Article Abstract:
Microsoft Corp is discussing possible alliances with various companies including Time Warner Inc and Tele-Communications Inc (TCI). Time Warner and TCI are the world's largest entertainment and cable television companies, respectively. Together, they control about 25 percent of the nation's cable systems. Microsoft wants to establish its software as a standard for interactive television. Industry observers envision an enormous market consequent to a convergence of computer and television industries. Microsoft's stock was up $1.75, closing at $89.375 on Friday, Jun 11, 1993. TCI closed up 37.5 cents, at $22.75. Time Warner closed up 12.5 cents, at $37.875.
Publication Name: The Wall Street Journal Western Edition
Subject: Business, general
ISSN: 0193-2241
Year: 1993
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