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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

GaryPageau ,
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

GaryPageau
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

GaryPageau , , ,
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

GaryPageau
  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

GaryPageau
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

GaryPageau ,
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

GaryPageau , ,
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
Transforming Wedding Photography Through Tech, with Vitaly Glebichkin, Retouch4Me News 

Transforming Wedding Photography Through Tech, with Vitaly Glebichkin, Retouch4Me

GaryPageau
Have you wondered what it takes to break into and succeed in the competitive world of wedding photography? Join us as we sit down with Vitaly Glebichkin, a wedding photographer turned tech innovator, who shares his journey from capturing weddings to revolutionizing photo editing software. Learn about the nuances of the wedding photography market, the increasing demand for natural-looking images, and... Read More
Lightricks pivot to Gen AI brings layoffs to 12% of workforce News 

Lightricks pivot to Gen AI brings layoffs to 12% of workforce

GaryPageau , ,
Israeli video and image editing mobile apps developer Lightricks, developer of the popular Facetune app, is changing its business focus to generative AI at the expense of some of its app operations, which have not met growth targets, according to Globes. As part of the move, Lightricks is laying off 70 employees, representing 12% of its global workforce. At one time,... Read More
FUJIFILM Australia opens Fujifilm House of Photography in a new location Events News 

FUJIFILM Australia opens Fujifilm House of Photography in a new location

GaryPageau , ,
FUJIFILM Australia is today celebrating the grand opening of its brand experience centre, Fujifilm House of Photography, with a new location in the heart of Sydney’s Central Business District (CBD). The company said the new Fujifilm House of Photography location offers both professional and enthusiasts’ creators “the opportunity to immerse themselves in the world of photography through a number of... Read More
Eugene Smith Fund reaches 45th annual grant milestone Events Feature News 

Eugene Smith Fund reaches 45th annual grant milestone

GaryPageau
The W. Eugene Smith Fund announced it is now accepting applications for its 45th annual Grant in Humanistic Photography with a top prize of $30,000. An additional $10,000 grant will be awarded as a Fellowship, and one Finalist will be deemed worthy of special recognition and presented with a $7,500 grant. The Smith Fund is also accepting applications for its... Read More
Printess combines AI technology with product personalization News 

Printess combines AI technology with product personalization

GaryPageau
Printess GmbH & Co. KG is new company launching a personalization platform, guided by an experienced team with two decades of industry experience. According to the company, the platform “empowers teams to effortlessly design and sell mass-customized products across all devices, eliminating the need for coding. This scalable, cloud-based white-label solution integrates seamlessly with any e-commerce platform, offering a vast... Read More
Moonpig reports 6% revenue growth Earnings reports News 

Moonpig reports 6% revenue growth

GaryPageau , ,
Moonpig Group plc announced all-around improved results for the fiscal year ended April 30, 2024. The company said it delivered revenue growth of 6.6% to £341.1 million driven by strong performance at the Moonpig brand. In its report, the company said organic revenue growth accelerated through the year, underpinned by the Moonpig brand, which grew revenue by 8.2% through growth... Read More
S&P upgrades Shutterfly credit rating from negative to developing Earnings reports News 

S&P upgrades Shutterfly credit rating from negative to developing

GaryPageau , , , ,
S&P Global Ratings today upgraded the credit rating for Photo Holdings LLC (Shutterfly LLC) from negative to developing, based on the improving fortunes of North America’s largest personalized photo printing company. The company outperformed Shutterfly’s 2023 expectations by improving cash flow to $82 million, compared to a $31 million deficit the year before. In a press release, S&P stated: As... Read More
merchOne enters the U.S. market with print-on-demand wall art News Partnerships 

merchOne enters the U.S. market with print-on-demand wall art

GaryPageau , ,
merchOne, the Europe-based POD fulfillment platform that is part of The Customization Group (TCG), is launching operations in the United States, to make customized on-demand wall art more accessible to ecommerce entrepreneurs. With fulfillment centers in Miami, Florida, and Phoenix, Arizona, the company offers a range of print-on-demand wall art with fast delivery times, usually within 2-3 more days of... Read More