Category: News – Page 26 – The Dead Pixels Society

Shutterfly announces early tender offer results for exchange offer

June 7, 2023June 15, 2023 GaryPageau Shutterfly

Personalized photo products leader Shutterfly announced the early results of its previously announced tender exchange offer. The San Jose-based company has been struggling to manage its debt load and, in May, announced to plans raise “approximately $200 million of additional debt financing, extend existing debt maturities, and meaningfully improve liquidity.” The heavily legalese-laden announcement indicates the tender offer is being... Read More

News

Advertising supported free prints app Frintz launches

June 7, 2023June 15, 2023 GaryPageau Frintz

Frintz, a Rochester, New York-based advertising-supported free prints startup, has officially launched. The company is led by printing industry veteran William Testa, with technology developed by former Eastman Kodak Co. technology executive, Gustavo Paz-Pujalt, Ph.D. The app-based offering provides free prints to consumers via iOS and Android apps; the free price is subsidized by advertising on the back of the... Read More

News

Printful acquires Snow Commerce

June 6, 2023June 14, 2023 GaryPageau Printful, Snow Commerce

Global e-commerce platform and on-demand production company Printful has acquired Ohio-based Snow Commerce, a managed service provider designing and running the e-commerce presence for brands including Warner Bros. Discovery, and NBCUniversal. Snow Commerce and Printful will together provide a complete ecommerce solution including program strategy, website and product creation, fan engagement, and on-demand, international production, and distribution, the company said.... Read More

Acquisitions News

Private equity firm acquires Canadian camera chain Henry’s

June 6, 2023June 11, 2024 GaryPageau Henry's

North America’s largest camera retail chain Henry’s was acquired by Lynx Equity Ltd., a Toronto-based private equity firm specializing in acquiring small- and medium-sized businesses from owners looking to retire. All of Henry’s employees will remain in place, including its leadership team. Founded in 1909, Henry’s has 20 stores across Canada. In a press release, Lynx said it “is committed to... Read More

News

Polycam launches AI-Based 360 app for smartphones

June 3, 2023June 4, 2023 GaryPageau 360-degree app, AI, Polycam

Polycam, the popular 3D scanning app for iOS, web, and Android, announced the launch and implementation of their new feature, 360 Capture. With the launch of 360 Capture, Polycam users will be able to take 360 images directly on their iPhon. Users can view and share the 360 images by themselves, or set them as the background of a 3D... Read More

News

ME Group reports six-month revenue up 24 percent

June 1, 2023June 5, 2023 GaryPageau ME Group, Photo-Me

ME Group International plc (formerly Photo-Me International) announced, for the six months ending April 30, group revenue was up by more than 24% and profit before tax was up by more than 35% compared with the six months ending 31 April 2022. Photobooth activity, driven by demand for photo ID, continued to increase across all territories, particularly in Europe and... Read More

Earnings reports News

Best Buy sees first-quarter revenue decline

June 1, 2023June 5, 2023 GaryPageau Best Buy

Best Buy Co., Inc. announced lower first-quarter revenues. Domestic revenue of $8.80 billion decreased 11.0% versus last year primarily driven by a comparable sales decline of 10.4%. International revenue of $666 million decreased by 11.6% versus last year. Q1 FY24 Q1 FY23 Revenue ($ in millions) Enterprise $9,467 $10,647 Domestic segment $8,801 $9,894 International segment $666 $753 Enterprise comparable sales... Read More

News

Canon unveils lightweight EOS R100, RF28mm F2.8 STM Lens

June 1, 2023June 5, 2023 GaryPageau Canon, Canon EOS, EOS

Canon U.S.A., Inc. launched of the EOS R100 camera and the RF28mm F2.8 STM lens. The Canon EOS R100 camera features a 24.2 megapixel APS-C size sensor, the DIGIC 8 image processor, 4K (Cropped) and Full HD (Full-Width) video at up to 24 and 60 frames-per-second respectively, Autofocus with eye and face detection, and Bluetooth and Wi-Fi connectivity capabilities. The Canon... Read More

Market research News

NRF: Consumers to spend record amount for Father’s Day

June 1, 2023June 4, 2023 GaryPageau Father's Day, NRF

Consumers will collectively spend a record-high $22.9 billion to celebrate Father’s Day this year, according to the annual survey released by the National Retail Federation and Prosper Insights & Analytics. Total expected spending for the holiday is up from last year’s $20 billion and exceeds the previous record of $20.1 billion in 2021. “Father’s Day remains a momentous occasion for... Read More

News

National Genealogical Society and Vivid-Pix community outreach toolkit lending service

May 31, 2023June 12, 2023 GaryPageau National Genealogical Society, Vivid-Pix

The National Genealogical Society (NGS) and Vivid-Pix announced the launch of an equipment and software lending service for their Family Matters Community Engagement Program. The Family Matters program combines NGS’s membership with ready-to-use solutions from Vivid-Pix and NGS to assist families and loved ones with their family history pursuits. The Family Matters Community Outreach Toolkit combines the Vivid-Pix Memory Station (scanning hardware, and... Read More

Acquisitions News

Kodak acquires Graphic Systems Services Inc.

May 31, 2023June 14, 2023 GaryPageau

Eastman Kodak Co. has acquired Graphic Systems Services Inc. (GSS), a provider of web inkjet press transport systems and other print-related components and engineering services. The acquisition gives the company greater control over its supply chain for inkjet press components and additional engineering expertise as it seeks to expand its growing portfolio of inkjet presses, the company said. Terms weren’t... Read More

News

XFCut Software Releases the Vinyl Cutting Plug-in for CorelDRAW, Illustrator

May 30, 2023June 7, 2023 GaryPageau

Sign-making software developer, XFCut Software, released XFCut 6, a major upgrade to its vinyl-cutting desktop software plug-in for Windows and Mac OS X. And for the first time ever, XFCut is now available for Adobe Illustrator (Windows and macOS) and CorelDRAW (Windows only), With intuitive user interface, advanced sign tools and one-click options, XFCut 6 vinyl cutting plug-in will make... Read More

Events News Podcasts

Thriving in Independent Photo Printing: Secrets to Success with IPI’s Brenda DiVincenzo

May 25, 2023May 24, 2023 GaryPageau IPI, IPIC, The Print Refinery

Gary Pageau of the Dead Pixels Society talked with Brenda DiVincenzo, vice president of member success, at the IPI Member Network. Listen in as we discuss the importance of IPI’s networking, education, and marketing programs, and how their forum has supported business owners by providing invaluable tips and ideas. Plus, get a sneak peek into the upcoming IPIC event, July 9-13, in Fort Worth, Texas,... Read More

News

Adobe adds generative AI to Photoshop

May 25, 2023June 13, 2023 GaryPageau Adobe, generative AI

Adobe Inc. added generative AI to its Photoshop subscription. Users will be able to tap into Firefly, which is Adobe’s set of generative AI models, directly in the Photoshop desktop (beta) app . Users can use their one natural language prompts to extend and augment images using Generative Fill. These prompts can be used to add content, remove or replace... Read More

News

Mylio Photos introduces a new way to organize images

May 25, 2023June 13, 2023 GaryPageau Mylio, Mylio Photos

Mylio shipped a new version of Mylio Photos with all-new tools built with machine learning. The new release is a preview of the tools coming to Mylio Photos in releases over the next year, the company said. Among the features in the new version: Local AI Processing: In Mylio Photos, every AI tool runs exclusively on users’ local devices. Mylio... Read More