Summer time is "picture time"! Today's digital cameras make it easier than ever to snap those pictures into memories that will last a lifetime. But cameras are also prone to being lost or mis-placed. Hopefully - if yours was ever lost - it would be returned by a kind-hearted person. But how would they know the camera is yours - or how would they contact you?
While facial recognition technology has been used to enhance security — for example, to spot known terrorists in crowds — it’s now poised to become the next big thing for personalized marketing and smart phones.
Eastman Kodak is projected to post a $600 million dollar loss for 2011 and 2012 doesn't look much better. The once perennial camera company is fighting for it's economic life and experts predict it won't make it another year.
The company said last week it may have to take on more debt or sell a large chunk of its patents in order to survive the next 12 months...