Why could a small start-up build Instagram, a photo app, and sell it for $1 billion while companies like Eastman Kodak, steeped in photography and the emotionalism of photography, could not? Culture got in the way.
Sony once wowed the world with the Walkman and the Trinitron TV. But its fortunes have taken a sharp turn amid disruptive new technologies and unforeseen rivals.
Besides being a new way to take pictures, the Lytro raises interesting questions about how the camera industry works and what role start-ups can play in it.
Transportation Secretary Ray LaHood told Congressional leaders on Tuesday that further review was necessary on a rule mandating rearview cameras on all passenger vehicles.
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