Kodak digital camera Pictures - CBS News Talk about a high-profile casualty of the digital age. Come July, Kodak, the company that invented the handheld camera, will stop making its digital camera. Yes, it's the end of an era but the news is hardly a shocker. What with Kodak's inability to fend off stepped-up competition from rivals with better digital cameras--not to mention the emergence of smartphones doubling as cameras--this was a slow-motion rendezvous with failure. Then last month, the company filed for bankruptcy protection. Credit: AP Photo, file