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Kodak announced that it’s getting out of the digital camera business in the first half of this year. The move comes as a cost savings measure after filing for bankruptcy protection last month. Kodak will license its brand to other camera makers and focus on manufacturing printers instead. In other news, according to the Wall Street Journal, Google plans on launching a cloud-storage service. Similar to Dropbox, Google Drive will let users store files online for free, making them accessible on any Internet-connected device. A paid account will grant you even more storage space. And finally, Zynga is taking its online games into the physical world. Hasbro is licensing the company’s products, making toys based off of Zynga characters and brands. With the popularity of games like FarmVille and Words With Friends, Zynga has amassed over 227 million monthly users.

About Shelly Palmer

Named one of LinkedIn’s Top Voices in Technology, Shelly Palmer is CEO of The Palmer Group, a strategy, design and engineering firm focused at the nexus of technology, media and marketing. He is Fox 5 New York's on-air tech and digital media expert, writes a weekly column for AdAge, and is a regular commentator on CNBC and CNN. Follow @shellypalmer or visit shellypalmer.com or subscribe to our daily email http://ow.ly/WsHcb

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"Shelly Palmer Radio Report – February 10, 2012" by @ShellyPalmer

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