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Wednesday, 4 January 2012

Kodak prepares for Chapter 11 filing: report

Remember all these family pictures you use to take? Pictures no more. The icon of American industry is going under, an filing for Chapter 11. It is just another evidenciary stone into the fact that China is most advanced technological country in the world.

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A statue of Eastman Kodak founder George Eastman stands on the University of Rochester campus in Rochester, New York, December 23, 2011.   REUTERS/Adam Fenster

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