A customer holds a BlackBerry handset inside a mobile selling shop in Kolkata on August 12, 2010. The company stopped manufacturing phones in 2016, and now operates mainly as a software company focused on cybersecurity.
As a result, Tupperware’s estimated liabilities increased up to $10 billion versus its assets of only $1 billion, according to bankruptcy filings. According to Steve Sasson, a Kodak engineer who came up with the ultimate replacement of analogue or film photography, the company’s response to his invention of lacklustre.
Set up in 2004 by Orkut Buyukkokten, a Turkish engineer working for Google at the time, Orkut hit a peak in 2009 with 300 million users. Orkut’s status as a go-to social media platform—at least in markets like Brazil, India and Pakistan—diminished over the years as Facebook and Twitter gained massive popularity. GoogleEven though Toshiba never declared bankruptcy, the Japanese electronics giant has consistently made headlines for all the wrong reasons since 2015.