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Newsday: Canon USA lays off 100-plus employees at Melville headquarters News 

Newsday: Canon USA lays off 100-plus employees at Melville headquarters

Canon U.S.A. Inc. recently laid off between 100 and 150 employees at its Melville, N.Y., headquarters, according to people familiar with the company and numerous media reports. According to Newsday, the job cuts represent between 9% and 14% of the Japanese company’s local workforce, which totaled 1,081 employees in December, based on Suffolk County documents. The job cuts come about... Read More
Layflat.com on display at HP Graphics Experience Center News 

Layflat.com on display at HP Graphics Experience Center

Layflat.com AG, the world leader in photobook production equipment, is excited to announce the LF 2000 All-in-Max automatic book block system is now on display in the HP Graphics Experience Center in Alpharetta, Ga. The announcement comes fresh off Layflat.com’s successful exhibition of the LF 2000 All-in-Max shown in line with the new HP Indigo 18K Digital Press at the... Read More
CYME launches Peakto 2.0 with AI photo management features News Updates 

CYME launches Peakto 2.0 with AI photo management features

CYME launched Peakto 2.0, an update for its AI-powered photo management program. The new features include: Streamlined User Interface: A refined design ensures seamless navigation and intuitive operation. It’s now possible to detach the photo preview and the EXIF information panel from the Peakto Sidebar. Batch Catalog Addition: Effortlessly integrate multiple catalogs to streamline content organization.] Advanced Filtering Capabilities: New... Read More
Gooten partners with TikTok Shop for personalized products News Partnerships 

Gooten partners with TikTok Shop for personalized products

Gooten, a provider of print-on-demand fulfillment and technology solutions, announces a partnership with TikTok Shop to support sellers with a print-on-demand solution, including product catalog, supply chain, and order fulfillment. This partnership enables TikTok Shop sellers to quickly scale their businesses by leveraging Gooten’s expansive print-on-demand catalog and fulfillment network, totaling 425+ product listings and 100+ production locations, the company... Read More
New Taopix online editor publicly released News Updates 

New Taopix online editor publicly released

Photobook and personalization software provider based in Ponteland, United Kingdom, Taopix, publicly released their new Taopix Online software this week. The newest Taopix Online was first presented at Drupa, where the business showed the new features to a flurry of well-receiving attendees. “Being able to release this new iteration of Taopix Online is a great milestone achieved for us” says Adam... Read More
Profoto reports second-quarter results improving Earnings reports News 

Profoto reports second-quarter results improving

In its interim financial report, Profoto reported net sales from April-June, 2024, were  SEK 196 million (182), an increase of 7.3 percent. Organic growth totaled 7.6 percent, and the currency effect, -0.3 percent. Profit for the period was SEK 28 million, compared to SEK 36 million for the same period last year. For the six-month period January-June, 2024, net sales... Read More
NRF: Census retail sales data for June shows modest gains Market research News 

NRF: Census retail sales data for June shows modest gains

Data released by the U.S. Census Bureau shows modest retail sales gains in June despite an uneven pace of spending in recent months, said Jack Kleinhenz, chief economist, the National Retail Federation Chief Economist (NRF). “The path of household spending remains difficult to read,” Kleinhenz said. “Spending has been uneven but remains in good condition notwithstanding the slower pace of... Read More
Iris Works acquires ShootQ News 

Iris Works acquires ShootQ

Photographer CRM platform Iris Works announced the acquisition of rival ShootQ. Terms weren’t disclosed. The companies announced, while they would be combining support and resources, the two platforms will remain separate. “We are thrilled to welcome ShootQ to the Iris Works family, as this acquisition allows us to combine our resources and expertise, ultimately providing photographers with even better solutions... Read More
IDC: Worldwide smartphone market grew 6.5% in the second quarter of 2024 Market research News 

IDC: Worldwide smartphone market grew 6.5% in the second quarter of 2024

According to preliminary data from the International Data Corporation Worldwide Quarterly Mobile Phone Tracker, global smartphone shipments increased 6.5% year over year to 285.4 million units in the second quarter of 2024 (2Q24). Although this marks the fourth consecutive quarter of shipment growth and builds the momentum towards the expected recovery this year, demand has yet to come around in... Read More
CNBC/NRF Retail Monitor reports Moderate Retail Sales Growth in June Market research News 

CNBC/NRF Retail Monitor reports Moderate Retail Sales Growth in June

Retail sales showed moderate growth in June amid a still-solid economy and near-zero inflation for retail goods, according to the CNBC/NRF Retail Monitor, powered by Affinity Solutions, released by the National Retail Federation (NRF). “Consumers are being thoughtful about their spending, prioritizing non-discretionary purchases as they continue to face high interest rates and lingering inflation,” said Matthew Shay, President and... Read More
AgfaPhoto launches AgfaPhoto Print News Partnerships 

AgfaPhoto launches AgfaPhoto Print

AgfaPhoto Holding GmbH, in collaboration with Helloprint and FastEditor, announced the launch of AgfaPhoto Print, a new brand dedicated to providing personalized photo print products across the European market. The venture brings together the extensive AgfaPhoto database of customers who have shown a strong interest in photo cameras and related products, Helloprint’s network of more than 200 print production partners... Read More
Captions raises Series C to invest $100 million in AI video research Investments News 

Captions raises Series C to invest $100 million in AI video research

  Captions, the generative video creation and editing platform, announced it has raised $60 million in Series C funding led by Index Ventures, bringing the total capital raised to $100 million for a valuation of $500 million. Returning investors include Kleiner Perkins, Andreessen Horowitz, and Sequoia Capital, while new investors include Adobe Ventures, HubSpot Ventures, and actor/musician Jared Leto. The... Read More
Insta360 debuts Insta360 Flow Pro AI tracking stabilizer with Apple DockKit for iPhone News 

Insta360 debuts Insta360 Flow Pro AI tracking stabilizer with Apple DockKit for iPhone

Insta360 has introduced a smartphone stabilizer that connects to an iPhone with the DockKit connector. The Insta360 Flow Pro is an AI-tracking smartphone stabilizer that is the first DockKit-enabled gimbal. The company says the Flow Pro enables accurate tracking with the iPhone’s native camera app and over 200 third-party iOS apps for a seamless shooting experience. Insta360’s AI tracking algorithm, Deep... Read More
GoPro partners with SoftBank Group’s SB C&S Corp. to expand Japan distribution News 

GoPro partners with SoftBank Group’s SB C&S Corp. to expand Japan distribution

GoPro, Inc. announced a new distribution partnership with SoftBank Group’s SB C&S Corporation in Japan to sell GoPro products through one of the largest sales networks in the region. The deal enables SB C&S to provide its retail customers with the full range of GoPro cameras and accessories. Now, customers in Japan will have greater access to a wide selection... Read More
ZY Optics unveils the Mitakon Speedmaster 80mm f/1.6 for GFX, XCD mounts News 

ZY Optics unveils the Mitakon Speedmaster 80mm f/1.6 for GFX, XCD mounts

Zhongyi Optics (ZY Optics) unveiled the Mitakon Speedmaster 80mm f/1.6, a prime lens crafted for photographers using GFX and XCD mounts. The Mitakon Speedmaster 80mm f/1.6 Lens is available at USD 599. It will be available for purchase through Zhong Yi Optics’ official webstore as well as authorized resellers. The company says the Mitakon Speedmaster 80mm f/1.6 is a versatile... Read More