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Snap continues to struggle as growth slows Investments News 

Snap continues to struggle as growth slows

Last week, Snap CEO Evan Spiegel marked the company’s 13th anniversary with a letter to employees that did not strike a celebratory tone. Instead, the Snapchat founder said the company is struggling, with its share price down 45% this year. According to an analysis at Sherwood news, “Snap, like Meta, relies on advertising for the overwhelming majority of its business,... Read More
PRINTING United Expo coming fast Events News 

PRINTING United Expo coming fast

PRINTING United Alliance, returns to Las Vegas Sept. 10-12, 2024, at the Las Vegas Convention Center. This year’s Expo promises an extensive lineup of education, equipment, and networking opportunities. “In terms of new and innovative technology, it is certainly an exciting year,” says Mark J. Subers, president, PRINTING United Expo. “For those that didn’t have the opportunity to attend drupa,... Read More
Fujifilm announces FUJINON DUVO HZK14-100mm T2.9-3.9 Portable PL Mount Wide-Angle Zoom Lens News 

Fujifilm announces FUJINON DUVO HZK14-100mm T2.9-3.9 Portable PL Mount Wide-Angle Zoom Lens

FUJIFILM North America Corp., Optical Devices Division, announces the availability of the FUJINON DUVO HZK14-100mm T2.9-3.9 Portable PL Mount Zoom Lens (DUVO 14-100mm). Initial orders of DUVO 14-100mm are expected to begin shipping to customers by the end of September 2024. Like its predecessors, DUVO HZK25-1000mmF2.8-F5.0 PL Mount Cinema Box Lens and DUVO HZK24-300mm T2.9-4.2 Portable PL Mount Zoom Lens, the DUVO 14-100mm... Read More
IDC: Worldwide smartphone market forecast to grow nearly 6% in 2024 Market research News 

IDC: Worldwide smartphone market forecast to grow nearly 6% in 2024

Worldwide smartphone shipments are forecast to grow 5.8% year over year in 2024 to 1.23 billion units, according to the International Data Corporation (IDC) Worldwide Quarterly Mobile Phone Tracker. The 12% growth in the first quarter, followed by 9% growth last quarter, has brought improved optimism about how 2024 will play out in the second half of the year. Affordable... Read More
Smartphoto reports flat sales for the first half of 2024 Earnings reports News 

Smartphoto reports flat sales for the first half of 2024

Smartphoto group, the innovative e-commerce group based in Belgium, reported revenue over the first 6 months of 2024 decreased slightly by 0.8%, and evolved from 30,031K euro last year to 29,780K euro as of June 30, 2024. Smartphoto experienced a decline in revenue (-2.5%) due to the decreasing popularity of Communion, while naYan recorded a revenue increase driven by new... Read More
Israel Acquisition Corp., Pomvom merger deal falls through Acquisitions News 

Israel Acquisition Corp., Pomvom merger deal falls through

Israel Acquisitions Corp. (ISRL), a publicly-traded special-purpose acquisition company, and Pomvom Ltd., an Israeli technology company developing and providing experiential content to amusement parks and attractions, have called off their previously announced merger, citing a “change to the global market conditions.” Both parties also mutually agreed to waive any claim or demand on the part of any of the parties... Read More
Revolutionizing Print: Henrik Müller-Hansen on Gelato’s On-Demand Innovation News Podcasts 

Revolutionizing Print: Henrik Müller-Hansen on Gelato’s On-Demand Innovation

The latest Dead Pixel Society podcast discusses the transformative impact of Gelato on the print industry. Founder Henrik Müller-Hansen shares his journey, emphasizing Gelato’s innovative local, on-demand printing approach. He highlights the future potential of digital and traditional print industries, the importance of localization, and Gelato's role in sustainability and economic growth. Read More
New owners of Condé Systems open for business Acquisitions News 

New owners of Condé Systems open for business

Since the purchase of the assets of Condé Systems, the new owner David McLean, founder of Trophykits.com, has restarted the business in Jacksonville, Florida where Trophykits.com is headquartered. The legal entity of the new company is Condé Systems of Florida LLC, dba Condé Systems, which operates independently of Trophykits.com Conde Systems also owns exclusive brand names like Conde®, Ink Minder®,... Read More
IDC: Worldwide spending on AI Forecast to reach $632 billion in 2028 Market research News 

IDC: Worldwide spending on AI Forecast to reach $632 billion in 2028

Worldwide AI spending will exceed $632 billion by 2028, driven by a 29% CAGR from 2024-2028. GenAI investments will grow faster at 59.2%, reaching $202 billion. Financial services, software, information services, and retail sectors will lead spending. The largest category will be software, with notable growth in AI infrastructure, IT services, and business services. Read More
Vivid-Pix releases free trial version of Memory Station News Updates 

Vivid-Pix releases free trial version of Memory Station

Vivid-Pix, a leader in scanning, restoring, and archiving treasured memories, announced the Memory Station Free Trial version of the popular one-click scanning software that creates stories and restores images from cherished memories. The trial version lets users restore and create 5 stories from images already on your computer to share with friends and family. Memory Station is an easy, fast, and affordable... Read More
Insta360 app update improves AI editing, adds 40+ preset movements News Updates 

Insta360 app update improves AI editing, adds 40+ preset movements

Insta360 announced a major update to its Insta360 editing app. bringing 40+ preset movement templates and AI improvements.The updates are available for all 360º footage from Insta360 cameras, including X4, X3, X2 and RS (with the 360º lens). The AI now identifies the objects or subjects in the footage and the interaction between them, and combines scene recognition (the type... Read More
MEA expands Local Prints Now access to independents for World Photography Day News Promotions 

MEA expands Local Prints Now access to independents for World Photography Day

Photo software specialist MEA announced its e-commerce platform Local Prints Now is free for independent photo labs for a limited time through August. To commemorate  World Photography Day 2024, Aug. 19, photo labs can have their store added to the Local Prints Now mobile app and website at no cost for six months. Sign-up to Local Prints Now during August... Read More