Kodak, a company founded right here in the U.S. of A. in Rochester, New York, has today filed for Chapter 11 bankruptcy. Once a giant , Kodak continued to rely on the sale of film while competitors went digital (and took that space over). Now, Kodak wants to remake itself in a digital image, but the company’s also got a secret weapon up its sleeve.

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Kodak throws in the towel, but the company isn’t dead yet

The company that invented the hand-held camera filed for bankruptcy protection . [Reuters]

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Kodak bankrupt

Phillip Stearns created Year of the Glitch , a gallery of electronic artwork resulting from the shortcomings of digital cameras. There’ll be a new image added each day until 2013, at which point the world collapses to a single glowing, phosphorescent point inside the great cathode ray tube of reality. Pictured above is something weird that came out of an Olympus C-840L. [Via Photojojo ]

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Unexpected camera art featured in Year of the Glitch

Eastman Kodak, once one of America’s most illustrious companies, is nearly out for the count. Trading for a dollar a share , its fortunes now rest on patent lawsuits. Here’s Sinead Carew, for Reuters : Eastman Kodak Co shares lost more than half their value on Friday as the company hired a law firm well-known for bankruptcy cases, triggering speculation that the photography pioneer could file for bankruptcy. Kodak, which delivered the first consumer camera in 1888, denied it had a bankruptcy plan, saying it was committed to meeting its obligations and is still looking for ways to “monetize” its patent portfolio. People often suggest that there’s an irony in Kodak having invented digital photography. But its real problem was a sales model based on selling cheap cameras and expensive media. So it wasn’t killed by the digital camera, really. It was killed by the cheap flash memory that came with it. Kodak denies bankruptcy plan but shares plummet [Reuters]

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Did digital photography kill Kodak?

The latest iPhone 4S has already been widely acknowledged as possibly the only camera you’ll ever need, unless you’re a DSLR fanatic. Now there’s a super lens kit designed to help you get the most out of your digital point and shoot.

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Lens Dial gives your iPhone the ultimate photography kit

Got a gadget you wish had built-in Wi-Fi ? Take a peek at this Kickstarter project called CloudFTP, from an outfit called Sanho. You connect this little box to whatever via a USB connection, and you and anyone else can access the connected device’s contents.

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This little box turns any hard drive or camera into a Wi-Fi device

Dumping photos from your camera to your computer can be a pain, which is why wireless SD cards are pretty great. No cables! But Toshiba’s new wireless SD card is the first that can also have your computer wirelessly send files to it as well.

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Toshiba releasing the first two-way wireless SD card

A couple of years back, Samsung unveiled the DualView digital cameras, which had a small front-facing LCD screen to more easily frame and snap self-portraits. The company is in love with the idea, apparently, because Samsung is taking it to the next level with the Multiview.

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Samsung Multiview digicam has a flip-up LCD for easy vanity shots

Professional photographer Mitchell Feinberg wanted a nice digital back for his fancy Sinar 8 x 10 view camera, but nobody makes a digital imager remotely that big. His solution? Convince a manufacturer to build him one, at a cost that’s deep into six figures.

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Photog spends "nice house" money on a humongous digital back

M. C. Escher’s paintings and sketches don’t need any help when it comes to warping minds. One photographer found out how to take it to the next level, though, and the way it went down is as impressive as the result.

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Mind-bending photo: Escher painting in falling drop of water