News bites: Kodak prepares for bankruptcy

Eastman Kodak plans to enter bankruptcy, The Wall Street Journal reports.

The New York Times writes about the challenges facing Scott Thompson, the new chief executive of Yahoo.

Full album sales were up 1.3 percent in 2011, in part thanks to Adeles 21,The New York Times reports.

Most Facebook photos flagged by users are not offensive — just unattractive, AllThingsD reports.