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Peakto update adds AI keywords News 

Peakto update adds AI keywords

CYME updated its universal cataloger, Peakto, with AI-boosted and cross-catalog photo keywording. Peakto 1.12 automates mass keyword assignment to scattered photos, serving as the indispensable control tower to centralize and harmonize all associated keywords in a photo library. Key features of Peakto 1.12 include: Automatic Keyword Assignment: Peakto’s artificial intelligence recognizes image content and suggests appropriate keywords, saving users valuable... Read More
Logitech debuts Mevo Core streaming Micro-Four Thirds camera News 

Logitech debuts Mevo Core streaming Micro-Four Thirds camera

Logitech International introduced Mevo Core, the next generation live streaming camera in the Mevo ecosystem, now with Micro-Four Thirds lense mount. Mevo Core is available now for $999 (camera body only) at Mevo.com, B&H Photo Video and Amazon in the US and Canada, and will be offered with lens bundles at select retailers. Mevo Core is a 4K camera built for... Read More
NRF: Retail sales to reach at least $5.23 trillion in 2024 News 

NRF: Retail sales to reach at least $5.23 trillion in 2024

The National Retail Federation (NRF) forecast that retail sales will increase in 2024 between 2.5% and 3.5% to between $5.23 trillion and $5.28 trillion. The announcement was made during NRF’s fourth annual State of Retail & the Consumer virtual discussion on the health of American consumers and the retail industry. “The resiliency of consumers continues to power the American economy, and... Read More
Census data shows retail sales bounced back in February News 

Census data shows retail sales bounced back in February

Data released by the U.S. Census Bureau shows retail sales expanded in February after a strong but flat January, said Jack Kleinhkenz, chief economist, National Retail Federation (NRF). “Retail sales rebounded in a solid fashion in February, showing the consumer is still spending and pointing to underlying strength in the economy,” Kleinhenz said. “These results indicate that the economy is... Read More
Adobe reports record revenue in Q1 Fiscal 2024 Earnings reports News 

Adobe reports record revenue in Q1 Fiscal 2024

Adobe reported financial results for its first quarter fiscal year 2024 ended March 1, 2024. “Adobe drove record Q1 revenue demonstrating strong momentum across Creative Cloud, Document Cloud and Experience Cloud,” said Shantanu Narayen, chair and CEO, Adobe. “We’ve done an incredible job harnessing the power of generative AI to deliver groundbreaking innovation across our product portfolio.” “Adobe’s Q1 results... Read More
Fujifilm introduces INSTAX MINI 99 instant camera News 

Fujifilm introduces INSTAX MINI 99 instant camera

FUJIFILM North America Corp. debuted the FUJIFILM INSTAX MINI 99, with a sleek and stylish matte black finish, and incorporating advanced new image features including color, brightness, and focus modes to maximize the potential of each photo. The INSTAX MINI 99 instant camera is expected to be available in mid-April 2024 at a Manufacturer’s Suggested Retail Price of $199.95 USD... Read More
GoPro, PADI link up on new specialty certification program for Scuba Divers News 

GoPro, PADI link up on new specialty certification program for Scuba Divers

GoPro and PADI  (Professional Association of Diving Instructors) announced the GoPro PADI Distinctive Specialty Course, a new GoPro-specific specialty certification for certified scuba divers, providing training on how to use GoPro cameras, accessories and the Quik video editing app to become the ultimate storyteller and content creator. PADI is the largest purpose-driven diving organization with a global network of 6,600... Read More
CNBC/NRF Retail Monitor Numbers Show Consumers Continued Spending in February News 

CNBC/NRF Retail Monitor Numbers Show Consumers Continued Spending in February

Retail sales continued to grow in February, building off solid gains from January, according to the CNBC/NRF Retail Monitor, powered by Affinity Solutions, released today by the National Retail Federation. Click here to access February’s retail data. Total retail sales, excluding automobiles and gasoline, were up 1.06% seasonally adjusted month over month and up 6.3% unadjusted year over year in... Read More
Germany’s Photo Industry Association (PIV) votes to dissolve Events News 

Germany’s Photo Industry Association (PIV) votes to dissolve

At the extraordinary general meeting on March 11, 2024 in Frankfurt am Main, the members of the Photo Industry Association ( PIV ) decided to dissolve and orderly wind up the association as of Dec. 31, 2024, according to announcement on the PIV web page. This year, the association will continue to maintain its operational business and fulfill its tasks... Read More
Advertek announces strategic acquisition of Custom Colour Imaging Acquisitions News 

Advertek announces strategic acquisition of Custom Colour Imaging

Advertek Inc, one of Canada’s leading print innovators, announces the strategic acquisition of Custom Colour Imaging (CCI), a Toronto-based photo lab and print-on-demand company with more than 50 years of heritage and expertise. Terms were not disclosed. This acquisition marks a significant milestone in Advertek’s 25-year journey in commercial printing and photo imaging. Advertek, known for its expertise in various... Read More
Nikon Corp. enters agreement to buy RED cinema gear company Acquisitions News 

Nikon Corp. enters agreement to buy RED cinema gear company

Nikon Corp. announced it has entered into a purchase agreement to acquire 100% of the outstanding membership interests of RED.com, LLC (RED) whereby RED will become a wholly-owned subsidiary of Nikon, “pursuant to a Membership Interest Purchase Agreement with Mr. James Jannard, its founder, and Mr. Jarred Land, its current President, subject to the satisfaction of certain closing conditions thereunder.”... Read More
EyeQ integrates background removal into Perfectly Clear suite News 

EyeQ integrates background removal into Perfectly Clear suite

EyeQ Imaging Inc. (EyeQ), announced the integration of background removal technology into the Perfectly Clear image enhancement suite. This tool is designed to remove and extract backgrounds for businesses in the travel, tourism, and attractions sectors. Accessible through the Web API, it seamlessly integrates into existing workflows. “Not only is our solution reliable and fast, but it also enables companies... Read More
Picfair announces 1 million sign-up milestone News 

Picfair announces 1 million sign-up milestone

London, UK-based Picfair, the portfolio and store builder for hobbyist photographers, has passed 1 million signups. The milestone comes as the company also crossed the threshold into profitability, the company said. “We’ve been growing by 1,000 photographers a day so far this year” says Benji Lanyado, founder and CEO, Picfair. “We invested a huge amount of time building an organic... Read More
Xerox begins layoffs in latest restructuring News 

Xerox begins layoffs in latest restructuring

Xerox Corp. announced it has begun notifying employees of its previously announced workforce reduction, as outlined in its “Revinvention” plan. The Rochester Democrat and Chronicle estimates a 15% staff reduction among its 23,000 global workforce. As shared last month, Xerox is implementing a new operating model and streamlining our organizational structure to align with the evolving needs of our clients and... Read More