Shelly Palmer Radio Report – February 10, 2012

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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

Shelly Palmer is the Professor of Advanced Media in Residence at Syracuse University’s S.I. Newhouse School of Public Communications and CEO of The Palmer Group, a consulting practice that helps Fortune 500 companies with technology, media and marketing. Named LinkedIn’s “Top Voice in Technology,” he covers tech and business for Good Day New York, is a regular commentator on CNN and writes a popular daily business blog. He's a bestselling author, and the creator of the popular, free online course, Generative AI for Execs. Follow @shellypalmer or visit



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