An attorney for the defunct streaming-TV service calls the results disappointing. The company had expected to bring in anywhere from $4 million to $31.2 million.
The tech giants finally relinquish their hold on the highly-coveted technology rights, possibly marking the end of a patent fight between Android phone manufacturers and competitors.
The much-coveted digital imaging patents go to little-known RPX and controversial Intellectual Ventures, which represents companies such as Apple, Google, Samsung, Microsoft, and RIM.
The big stories of this year will continue into the next. But maybe not in the way you expect them to.
Kodak has reached an agreement whereby it will sell a cache of patents worth US$525 million to a consortium of tech companies, including Apple, Google, Facebook and Samsung.
commentary Facebook finally went public, Windows 8 arrived, and Samsung topped Apple in smartphone sales. But nothing dominated the news like the fight over intellectual property.
Apple and Google are unlikely bedfellows, but have joined forces to rescue Kodak's patent library.
The fierce competitors could once again pool their resources to snatch up a collection of high-value patents from Kodak.
With just two small changes, Twitter's Innovator's Patent Agreement could transform the software patent arena, says Peter Yared.
Venture firm says it intends to focus investments from its latest fund on startups with, "disruptive technologies, teams and business models."