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Flam raises $4.5 million pre-Series A funding News 

Flam raises $4.5 million pre-Series A funding

GaryPageau
YourStory.com reports Flam, the AI-powered mixed reality (MR) publishing platform, has raised $4.5 million in a pre-Series A funding round led by TurboStart, Twin Ventures, Alphatron Capital, along with other angel investors and family offices. Other existing backers including San Francisco-based Inventus Capital Partners, SVQ, and 9Unicorns also participated in the round. The company said the raised funds will be... Read More
ME Group divests Sempa in strategic shift to core operations News 

ME Group divests Sempa in strategic shift to core operations

GaryPageau , ,
ME Group, a leader in instant-service equipment formerly known as Photo-Me International, has announced the divestiture of its subsidiary, Sempa, to Food Machine Invest, a French entity. The transaction, completed on May 20, 2024, saw ME Group GSS relinquish its entire stake in Sempa for a cash sum of €4.6 million. Acquired in 2019, Sempa is the leader in professional... Read More
Mastering Efficiency and Profitability in Sports Photography: Bob Kenward’s Journey to Success Marketing News Podcasts 

Mastering Efficiency and Profitability in Sports Photography: Bob Kenward’s Journey to Success

GaryPageau , , ,
Discover the transformative journey of Bob Kenward from Fluvanna Sports Photography as he details his shift from action sports to mastering team and individual portraits. In a candid conversation, Kenward reveals the pivotal moments that turned his initial skepticism of team photos into a profitable niche focusing on smaller leagues, and how composite photography became a game-changer for his business. Listen as we uncover... Read More
Canva unveils new workplace products at Canva Create News 

Canva unveils new workplace products at Canva Create

GaryPageau
At its first international Canva Create event in Los Angeles last week, debuted the platform’s biggest overhaul in a decade, alongside a range of new workplace products and services poised to redefine the way millions of people work. “We are excited to introduce a revamped Canva experience and a suite of new products to empower every organisation to design,” said Melanie Perkins,... Read More
Condé Systems assets going to auction June 4 Acquisitions News 

Condé Systems assets going to auction June 4

GaryPageau ,
Hyperams LLC, Rolling Meadows, Ill, has announced a June 4 online auction for the assets of dye-sublimation products distributor Condé Systems, Inc., which announced on its Facebook page the company would be closing in April. In November 2022, the company announced the transition to an employee-owned company, with the pending retirement of David Gross, president. According to the announcement from... Read More
Australia’s Academy Photography Australia goes into liquidation, stranding 26 schools News 

Australia’s Academy Photography Australia goes into liquidation, stranding 26 schools

GaryPageau
According to numerous published reports, a leading Australia volume photography company, Academy Photography Australia, has gone into liquidation, leaving 26 schools left with undelivered portraits that were paid for.  Liquidators were appointed for the family-owned Academy Photography Australia late on Friday, May 2024.  The abrupt closure also affects the upcoming Picture Day for 26 other Western Australian schools. In an... Read More
Adobe unveils Firefly-powered generative remove in Lightroom News Updates 

Adobe unveils Firefly-powered generative remove in Lightroom

GaryPageau , ,
Adobe unveiled Generative Remove in Adobe Lightroom, bringing Adobe Firefly directly into everyday photo editing workflows across Lightroom mobile, web and desktop surfaces. Generative Remove is Lightroom’s most powerful remove tool yet, giving everyone the power to remove unwanted objects from any photo non-destructively in a single click by intelligently matching the removed area with pixel perfect generations for high-quality, realistic and... Read More
Claranova announces Canadian shareholders withdraw legal proceedings News 

Claranova announces Canadian shareholders withdraw legal proceedings

GaryPageau
PlanetArt parent Claranova announced it reached an agreement with its two Canadian minority shareholders, Michael Dadoun and Daniel Assouline, under which the latter agreed to withdraw today, without any compensation, the two separate legal proceedings (appeal and on merits) that were pending against the company. This decision follows recent governance and management changes at Claranova, including the appointment of Dadoun... Read More
Freepik announces acquisition of Magnific Acquisitions News 

Freepik announces acquisition of Magnific

GaryPageau ,
Freepik announced its acquisition of AI-image upscaler Magnific. The acquisition is Freepik’s biggest to date – it acquired EyeEm (Germany) last year, and Videvo (UK), Original Mockups (Colombia), and Iconfinder (Denmark) in 2022, the company said. Terms weren’t disclosed. The founders of Magnific, Javi López and Emilio Nicolás, will continue to focus on their own AI innovation, testing and developing new ideas. Although Magnific will operate as... Read More
NRF: Census data shows retail sales moderated in April News 

NRF: Census data shows retail sales moderated in April

GaryPageau ,
Data released by the U.S. Census Bureau today shows retail sales moderated in April, National Retail Federation Chief Economist Jack Kleinhenz said. “Even though household income and job growth are compressing, the consumer spending picture remains positive,” Kleinhenz said. “The softer pace of spending is due in part to consumers being selective and prioritizing retail purchases. Yet, consumers remain willing... Read More
JONDO UK expands EU operations with launch of Czech Republic factory News 

JONDO UK expands EU operations with launch of Czech Republic factory

GaryPageau ,
JONDO UK, a leading provider of premium wall art decor solutions, announced the grand opening of its manufacturing facility in the Czech Republic. With a focus on innovation, quality, and unparalleled service, the new factory represents a significant milestone for JONDO UK as it expands its operations in Europe and reinforces its commitment to delivering exceptional wall art decor products... Read More