Kodak took another step along the road to recovery yesterday, after receiving court approval to borrow $950 million in restructuring funds. Nearly a month after the camera maker filed for Chapter 11 bankruptcy, US Bankruptcy Judge Allen Gropper granted Kodak's request on Thursday, allowing the company to continue operations during its ongoing transition. Gropper's decision, handed down in a Manhattan court, follows a series of negotiations between Kodak and its lenders, and adds an extra $300 million to the $650 million awarded during January's Chapter 11 filing. The company is also allowed to end its sponsorship of the Kodak Theatre in Los Angeles, after successfully arguing that doing so would be in the best interest of Kodak and its creditors. Under the deal, Kodak is obliged to pay $72 million over the course of 20 years. It currently shells out $3.6 million per year and still has $38 million in outstanding payments, but Kodak's lawyers argued that the agreement was too costly. Kodak Chairman and CEO Antonio Perez issued the following statement in response to yesterday's decision: "Today's agreement is another step towards ensuring that Kodak is positioned to execute on the goals the Company set out last month: Bolster our liquidity in the U.S. and abroad, monetize our non-strategic intellectual property, fairly resolve legacy liabilities, and enable Kodak to focus on its most valuable business lines."

Sure, you could just watch the Oscars for free along with a bowl of popcorn and your favorite Twitter commentary, but the folks behind the Academy Awards are hoping you'll try something even more "interactive" this time around. Those that head to Oscar.com this evening will be treated to a few different live cameras that are freely available to everyone, but to really see to everything you'll have to fork over $4.99 for the "all access" pass. That will give you access to a number of "exclusive viewing opportunities," including multiple 360 degree cams that you can control, and numerous cameras along the red carpet, backstage, and at the Governors Ball afterwards. And if that's not enough, you can also download the Oscar Backstage Pass app for the iPad, iPhone, and iPod touch -- it'll run you an additional $0.99.

Motorola may only be offering the Xoom in basic black to the general public, but it's cooked up something a little extra special for the Oscars this Sunday. It will be handing out these limited edition gold Xooms -- complete with a custom leather envelope case -- to the hosts and the nominees in the Best Actor, Best Actress, Best Supporting Actor, Best Supporting Actress and Best Director categories. Guess stars aren't just like us after all.