U.S. judge approves Kodak plan to exit bankruptcy

NEW YORK (Reuters) – Eastman Kodak Co, once a mighty photography pioneer, earned court approval on Tuesday for a plan to emerge from bankruptcy as a much smaller digital-imaging company.



California: No imminent need to force-feed inmates on hunger strike

SAN FRANCISCO (Reuters) – The California prison system had no imminent need to force-feed hunger-striking inmates on Tuesday, a day after it won federal court permission to do so because of concerns that prison gangs may have coerced prisoners into refusing food, a prison health spokeswoman said.



Analysis: Foes of Obama climate policy prepare battle over cost of carbon

WASHINGTON (Reuters) – Three months ago, the Obama administration made a little-noticed but potentially pivotal move in the stepped-up fight against climate change: it boosted the U.S. government’s official estimate of the future economic damage caused by carbon pollution.

Y Combinator Summer 2013 Demo Day, Batch 2: Meet Meta, Lob, Amulyte, Weilos And More

y-combinator-logoJust as the wheels of time continue to turn, the 49 new startups out of Y Combinator continue to churn. Batch One is now behind us, and a new group of startups are taking the stage. As per usual, TechCrunch is here to bring you complete coverage of each of these companies, ranging from a “hearing aid 2.0″ to a “Netflix for fashion” to “credit cards for old people.” And without giving away too many hints, there might even be a Google Glass competitor in this batch. Batch 2: Go! Amulyte: Amulet for aged Amulyte is targeting the 20 million senior citizens in the United States, providing a pendant and online portal that tracks their movements to provide help in case they fall and need help. The pendant connects to cellular networks and has GPS, WiFi and an accelerometer to detect falls. If a senior falls, it will alert contacts immediately and keep track of any movement. The pendant sells for $149 each and the service is $29 a month to provide a little peace of mind to seniors and their families. The company is working with a retirement home on a test of the service and to get it deployed in the market, but it sees a $10 billion market opportunity, just in the U.S. alone.  Check out our earlier coverage of Amulyte here. Le Tote: Netflix for fasion It’s the age old cliche: The woman with a closet full of clothes, but absolutely nothing to wear. Some estimates say that the average woman only uses about 20 percent of the pieces in her wardrobe on the regular. Le Tote aims to solve that problem, by providing women’s apparel and accessory rentals for $49 per month. The service, which Le Tote likes to call “the Netflix for women’s fashion,” has proven quite popular since it launched in October 2012: The company is making $70,000 in monthly revenue and is growing by 30 percent month-over-month. Its user base, which currently spans 48 states, has a retention rate of 93 percent. Check out more coverage on Le Tote right here. ixi-play: Robot toy for kids IXI-Play is building a smart, Android-based robot for young children. They can play games with it; they’ll show the robot cards and it will mimic emotions on them. It sees, hears, speak and moves. The toy itself retails for $299 but it will also come with an app

UPDATE 2-U.S. judge approves Kodak plan to exit bankruptcy

NEW YORK, Aug 20 (Reuters) – Eastman Kodak Co, once a mighty photography pioneer, earned court approval on Tuesday for a plan to emerge from bankruptcy as a much smaller digital-imaging company.

Moody’s: Outlook for U.S. states improves after five years

(Reuters) – Moody’s Investors Service on Tuesday revised its outlook for U.S. states to stable from negative, marking a significant improvement in its assessment of state finances after cutting its outlook for the sector more than five years ago.



Brazil’s MMX is gauging business opportunities to ‘boost value’

SAO PAULO, Aug 20 (Reuters) – MMX Mineração e Metálicos SA , the mining company controlled by embattled Brazilian tycoon Eike Batista, is currently eyeing different business that helps the iron ore…

Courts side with Rogers in Chatr Competition Bureau complaint

Rogers Communications Inc. has come out victorious in a court battle with Canada’s Competition Bureau, which alleged misleading advertising by the wireless carrier’s discount Chatr brand.

As part of nationwide public relations campaign in 2010 that included advertising on TV, radio, digital, print and social media, Rogers’ Chatr brand claimed “fewer dropped calls than new wireless carriers WIND Mobile, Mobilicity and Public Mobile,” and that subscribers would have “no worries about dropped calls.”

The Competition Bureau expressed disappointment with the decision, and said in a statement that it may appeal the Ontario Superior Court of Justice decision.

“Nevertheless, we are pleased that the Court has dismissed the constitutional challenges brought forth by Rogers, and has agreed with our position that Rogers did not conduct adequate and proper testing beforehand to support its claims about dropped calls in some Canadian cities,” said Commissioner of Competition John Pecman.

In November 2010, the Bureau requested that Rogers and Chatr pay “an administrative monetary penalty” of $10-million — the maximum under law — and refrain from making claims about dropped call performance for ten years, on the basis that Rogers’ claims were false, misleading, and had not been properly tested before they were made.

In a statement, Rogers did admit that the company “should have completed additional testing in certain urban markets in advance of the launch,” backing up the Competition Bureau’s claim that “the requirement for adequate and proper testing before making a claim about the performance of a product is justified.”

However, the court also confirmed that drive testing used by Rogers — network tests conducted from within a specially-equipped van in different geographic locations serviced by the network —was an adequate test for comparing network performance.

“I do not accept the applicant’s submission that the Rogers drive testing results support a finding that the fewer dropped calls claim is either false or misleading,” wrote Justice Marrocco in the decision.

“I am satisfied that the Rogers drive testing results are an adequate and proper basis for subsequent claims by Chatr that its network will drop fewer calls than the networks of the new wireless carriers.”

The Competition Bureau had argued that switch generated data — log data that is generated by the telecommunications equipment used by wireless carriers to route and connect subscriber calls — was more reliable, but Justice Marrocco ruled that it was “dangerous” to rely on data from equipment that can vary by manufacturer and configuration between carriers.

Drive tests showed that Rogers’ network had fewer dropped calls in Toronto, Ottawa, Vancouver, Calgary and Edmonton.

Rogers says it is pleased the court confirmed that Chatr’s advertising of fewer dropped calls, in connection with its 2010 launch, was fair and accurate.

“We support clear, accurate and consumer-friendly advertising,” the company said in a statement. “There is no doubt that Rogers’ network performed better than networks of new wireless carriers and we believed it was important that consumers had that information. We always strive to meet the highest possible standards of accuracy and clarity in all our advertisements and in all the information we provide to consumers.”