Camera doesnt recognize a Secure Digitalor MultiMediamemory card?

Your hp photosmart m417 can use a secure digital (sd) memory card or a multimedia memory card (mmc), per manufacturer specifications.
Probably obtainable from local camera stores, computer stores, or via Ebay.

It seems that the card reader if the computer is not detecting the card. Make sure that the memory card you use is supported.
The multi-in-one card reader on the Aspire One can read and write to Secure Digital card (SD), Secure Digital High Capacity card (SDHC), MultiMediaCard (MMC), Memory Stick (MS), Memory Stick PRO (MS PRO), and xD-Picture Card (xD). Specific models of the Aspire One are also equipped with an SD Expansion slot that can read and write to Secure Digital (SD) and Secure Digital High Capacity card (SDHC) cards.
The multi-in-one card reader on the Aspire One can read and write to miniSD, microSD, Memory Stick Duo,and Memory Stick PRO Duo cards but require the use an adapter. Acer does not provide or support any memory card adapters.
You can try removing the card reader using the device manager and the reinstall it and check the operation. You may also try using the card is different computer and check. Also try using another card in the computer with the issue and check. If the issue is not resolved please revert back with the model number.
Click on the link for the information to Reinstall a Device
http://technet.microsoft.com/en-us/library/cc725782.aspx

You need to import the photos to your PC to view them. There are two ways to do so: connecting a camera directly to the computer via USB (Universal Serial Bus) cable and by using a flash memory reader. Using the flash memory reader is considered the fastest method to transfer images. Some of the popular types of flash memory card readers are Secure Digital (SD), Compact Flash (CF), Memory Stick (MS), Multimedia Card (MMC) and Smart Media (SM). Here is how you can use the reader to view photos from your digital camera.

Kodak easyshare c530 has SD/MMC card expansion slot. So you can use any SD(secure digital) or MMC(multimedia cards) storage devices.
Sample pics below: SD mmc

"SD and MMC flash memory cards marketed by Kodak, Kingston, Sandisk, PNY and other flash-memory card manufacturers will work with the EasyShare C643. The digital camera supports standard MMC cards and SD (secure digital) cards, but not SD High-Capacity (SDHC) or SD Extended Capacity (SDXC) cards."
Read more: Compatible SD and MMC Cards for a Kodak EasyShare C643 ' eHow.com http://www.ehow.com/facts_7590028_compatible-cards-kodak-easyshare-c643.html#ixzz1BijGdWKF

http://www.kodak.com/eknec/PageQuerier.jhtml?pq-path=7551/7269&pq-locale=en_US&expression=sd

The above link goes to a site that describes how SD or SDHC cards can be used in newer C cameras such as yours.

Also, the following should be noted regarding sd cards:

Question : Why doesn't my camera recognize the SECURE DIGITAL (SD) or MultiMedia (MMC) memory card that is in the camera? Answer : Your camera may not recognize the memory card inside for one of the following reasons:

• The card is not fully inserted in the camera. Turn off the camera, insert a card into the slot, then push to seat it.
• The card may be corrupted. Reformat the memory card.
  CAUTION: Formatting deletes all pictures and videos, including those that are protected. Removing a card during formatting may damage the card.
• The card may not be a certified SD or MMC card. Purchase a certified SD or MMC memory card.

See your camera's user manuals for more information. Go to KODAK Product Manuals, and select the manuals you need.

according to kodak is 2GB

This camera supports SD or MMC memory cards only. All 4 GB and larger SD cards are actually SDHC (Secure Digital High Capacity) cards, and are not supported by your device. If you look closely at the card, you should find the SDHC mark on the label. Use only SD or MMC cards in this camera.

The Secure Digital (SD) memory card has a write-protect switch on the card case. Like the write-protect switch on a floppy disk, the SD switch prevents the card from being written to. (The SD card is slightly thicker than the MultiMedia [MMC] card.) Moving the write-protect switch will allow you to write to and format the SD card. If you are looking at the front of the card, the switch is on the upper-left side.

If you used the SD/MMC memory card in another brand of camera or device, you may need to format the card in your new EasyShare digital camera. (You may have noticed a "Memory Card Needs Formatting" message when you inserted the card.) CAUTION: Formatting deletes all pictures and videos, including those that are protected. Removing a card during formatting may damage the card. To format the SD/MMC memory card or the internal memory of the camera: Transfer images to the computer before formatting the memory card. Press the camera Menu button. Highlight SETUP MENU, and then press the OK button. Highlight FORMAT, and then press the OK button. Highlight an option - MEMORY CARD (deletes everything on the card), CANCEL (exits without formatting), or INTERNAL MEMORY (deletes everything in internal memory). Press the OK button. Highlight Continue, and then press the OK button. Wait until formatting is finished before removing the card. When formatting is complete, the SETUP MENU is displayed. Press the Menu button to exit the menu.