News bites: Google developing home entertainment system

Google is developing a home entertainment system that streams music wirelessly throughout the home, The Wall Street Journal reports.

Eastman Kodak will close its camera business, The Wall Street Journal reports.

Microsoft is opening retail stores to compete with Apple stores, The New York Times reports.

LinkedIn beat earning expectations, TechCrunch reports.

Confused Facebook users thought Mark Zuckerberg endorsed Mitt Romney, Gawker explains.