Kodak name will be gone from Oscars
The name that has gone down as the greatest manufacturer of film for the movie industry, has now been obscured from public view on the former Kodak Theatre. With the Academy Awards only days away, a New York City judge allowed Kodak to exit a naming contract with the owners of the theatre, a contract that would have cost the company some $3 million per year to maintain. The judge agreed with Kodak lawyers that the requirements of the contracts would be unsustainable during the bankruptcy proceedings. For now the gold lettering on the theatre has been covered up, not removed.
The theatre will now be referred to as the Hollywood and Highland Center, the name that will be used during the Academy Awards.
Obama wants government to control online privacy
President Barack Obama announced that online industries need a “Consumer Privacy Bill of Rights” to control their information gathering activities. Online companies have become notorious in recent years for scandals involving leaks of consumer data or questionable uses by firms of customer data. The rules Obama is proposing would supposedly be voluntary, however, companies who did not comply would be punished.
Today, a high of around 50 with rain likely. Tonight, a low of around 30 with a chance of rain or snow.