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Marissa Meyer launches Dazzle AI photo app out of ashes of failed Sunshine app Investments 

Marissa Meyer launches Dazzle AI photo app out of ashes of failed Sunshine app

Gary Pageau , , 0 comment
Marissa Meyer, the former CEO of Yahoo! back in the internet boom era, has launched a new photo-centric AI app, Dazzle AI, based on the AI photo technology of the now-shuttered Sunshine company. She founded Sunshine in 2018, which was initially focused on contact management, before pivoting, into event management and photo sharing, with the Shine app. In September, 2025,... Read More
Ricoh to construct inkjet factory in Japan Investments News 

Ricoh to construct inkjet factory in Japan

Gary Pageau
Ricoh Company, Ltd. announced plans to construct a new facility at its Atsugi Manufacturing Site in Kanagawa Prefecture, Japan, to accelerate the growth of its inkjet business and strengthen its supply capabilities to meet growing demand for high-quality inkjet heads. Construction is scheduled to begin in November 2026, with completion planned for the first half of fiscal 2028. As a core... Read More
Retro photo-sharing app raises more than $21 million Investments 

Retro photo-sharing app raises more than $21 million

Gary Pageau
Retro, the friend-focused photo-sharing app built by former Instagram product engineers Nathan Sharp and Ryan Olson, has raised north of $21 million in Series A funding, according to an SEC filing. The fundraise was confirmed by the company. Business Insider first spotted the Aug. 19 SEC filing, which is under the startup’s name, Lone Palm Labs, which indicates the funding itself was closed... Read More
Perfect Corp. enters into a definitive agreement to go private, reports improved profits Earnings reports Investments 

Perfect Corp. enters into a definitive agreement to go private, reports improved profits

Gary Pageau
AI/AR technology company Perfect Corp. announced that its previously disclosed plans to go private are going forward. Perfect Corp. has entered into a definitive Agreement and Plan of Merger with ProjectNY, an exempted company with limited liability incorporated under the laws of the Cayman Islands controlled by Alice H. Chang (“Merger Sub”), pursuant to which, and subject to the terms... Read More
AWS funds Myseum.AI’s privacy-first AI media album creation agent for the Picture Party Investments 

AWS funds Myseum.AI’s privacy-first AI media album creation agent for the Picture Party

Gary Pageau ,
Myseum.AI, Inc., a privacy-first agentic AI and social media technology company, announced Amazon Web Services (AWS) has committed to fund a portion of the development of the company’s privacy-first AI album creation and media management tool for its Picture Party social media platform. The AWS-backed initiative, in collaboration with Caylent, an AWS Premier Partner, supports Myseum.AI’s expanded development of proprietary,... Read More
GoPro announces financing from founder and CEO Nicholas Woodman Investments 

GoPro announces financing from founder and CEO Nicholas Woodman

Gary Pageau ,
GoPro, Inc. announced Nicholas Woodman, the company’s founder and CEO, agreed to provide $20 million in financing to GoPro through the issuance of $20 million in aggregate principal amount of senior secured notes and warrants to purchase shares of the company’s Class B common stock via entities affiliated with Woodman. GoPro, Inc. retained Houlihan Lokey, Inc., a leading global investment... Read More
Software conglomerate Bending Spoons files for IPO Investments News 

Software conglomerate Bending Spoons files for IPO

Gary Pageau ,
Italian app publisher Bending Spoons has filed its Form F-1 with the SEC to go public with a $20 billion valuation on the NASDAQ exchange, according to Reuters. The company has busily acquaired more than 50 companies, including these in the imaging space: Vimeo, FiLMiC, and Remini. According to the report, the $20 billion valuation target is a massive step up... Read More
More details of Shutterfly’s debt refinancing emerge Investments 

More details of Shutterfly’s debt refinancing emerge

Gary Pageau
Refinancing Shutterfly LLC’s billion-dollar debt refinance package came with some caveats, according to Bloomberg Law. Shutterfly paid a hefty price to refinance some of its risky debt, selling a $1.15 billion junk bond at a yield of 12.5% and offering several buyer-friendly terms like restricting Shutterfly’s ability to pay dividends, make investments, move money beyond creditors’ reach, and inflate earnings... Read More
Bloomberg: Shutterfly sweetens debt deal Investments News 

Bloomberg: Shutterfly sweetens debt deal

Gary Pageau , ,
Bloomberg reports U.S. personalized photo products leader Shutterfly has sweetened terms on a portion of its previously announced debt refinancing, in a bid to calm the nerves of investors concerned about potential AI disruption and widening losses. The Apollo Global Management Inc.-backed firm offered creditors a raft of concessions on its $1.15 billion junk bond, according to documents seen by... Read More
Shutterfly is looking to sell $1.9 billion in junk debt to whittle down pile Investments 

Shutterfly is looking to sell $1.9 billion in junk debt to whittle down pile

Gary Pageau , ,
Personalized photo products leader Shutterfly is looking to refinance a looming debt pile with new sales of $1.875 billion of junk bonds and loans, according to Bloomberg. The Apollo Global Management Inc.-backed photo-sharing site is selling a $500 million term loan, $1.15 billion in junk bonds, and a $225 million riskier second-lien loan, according to people with knowledge of the matter. The deal comes after talks... Read More
HelloPrint buys back shares from early investors Investments News 

HelloPrint buys back shares from early investors

Gary Pageau
International print platform HelloPrint has bought out a large group of early investors through a substantial share buyback, according to a LinkedIn post by INGEN HOUSZ, a Netherlands-based law firm. The deal was managed by INGEN HOUSZ by founder Matthijs Ingen-Housz and partner Meelf van Oosten. HelloPrint’s strong profitability gives the company the financial flexibility to take full control of... Read More
Silicon Gardens invests in FotoNation Investments News 

Silicon Gardens invests in FotoNation

Gary Pageau ,
Galway, Ireland-based FotoNation Ltd., closed its Pre-A round led by Enterprise-Ireland and Silicon Gardens, with participation from other notable angels. This capital will accelerate FotoNation’s mission to develop its TriSilica product: an ultra-low-power, perception-AI chip. Specifically, the funds will be used to progress the completion of the MPW prototype, TS-210, the company said. “This investment, from a leading European VC... Read More
GoPro retains investment bankers Houlihan Lokey to advise on potential sale Investments News 

GoPro retains investment bankers Houlihan Lokey to advise on potential sale

Gary Pageau ,
GoPro, Inc. announced it has retained Houlihan Lokey, Inc., a leading global investment bank with strong ties to defense and consumer sectors, to serve as its financial advisor as the company evaluates a potential sale and other strategic alternatives. This engagement follows GoPro’s announcement that it has initiated a process to evaluate several unsolicited inbound strategic inquiries from parties across... Read More
FotoNation, SEMFIVE announce collaboration for development of TriSilica perceptual AI chip family using Samsung Foundry Investments Partnerships 

FotoNation, SEMFIVE announce collaboration for development of TriSilica perceptual AI chip family using Samsung Foundry

Gary Pageau , , ,
FotoNation Ltd., a Galway, Ireland-based perception recognition company, and SEMIFIVE Inc., a leading global provider of custom AI semiconductor solutions, announced a strategic collaboration agreement under which SEMIFIVE will lead turnkey development for TriSilica, FotoNation’s ultra-low-power perceptual AI chip family. TriSilica is an ultra-low-power, compact-footprint perceptual AI silicon platform designed to support multimodal sensor inputs, including audio, mmWave, spectral, infrared,... Read More