After spending 10 years in the U.S. Navy, Kenric Scarbrough got a sobering start to his civilian career. He was laid off in January, just months after he found a job as a boiler technician -- one of the victims of the worsening economy.
A closely held tech firm with some impressive financial backing is hoping to piggyback on the success of YouTube and other online video sites with a new, inexpensive camcorder geared to older consumers who may not be as tech-savvy as their kids.