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Shutterfly settles Groupon class action News 

Shutterfly settles Groupon class action

A U.S. District Court in California granted final approval of a settlement in a class action against personalized photo product leader Shutterfly in which the plaintiffs, led by a woman named Megan Taylor, claimed the company’s advertising of promotional deals was misleading and deceptive. Under the agreement, Shutterfly will make certain disclosures about terms and conditions, and class members who... Read More
Alice Camera raises $500,000 pre-seed Investments News 

Alice Camera raises $500,000 pre-seed

Alice Camera, the computational photography company designing a Micro Four-Thirds format camera, announced it raised a combined $500,000 pre-seed fundraising round, comprised of angel investors alongside early-stage venture capital firm, Ascension, which contributed $400,000, plus $100,000 Amazon Web Server (AWS) cloud computing credits to scale AI and computational photography pipeline for creators The London-based startup is building an imaging device... Read More
NRF economist says holiday shopping could beat forecast News 

NRF economist says holiday shopping could beat forecast

The 2021 holiday season appears to be on track to exceed the National Retail Federation’s forecast for record spending despite supply chain disruptions, inflation and challenges like the new COVID-19 omicron variant, NRF Chief Economist Jack Kleinhenz said. “Now that we’re in December, the holiday shopping season is nearing the finish line,” Kleinhenz said. “The question is how have factors... Read More
NRF: Nearly 180 million shop over Thanksgiving Holiday weekend Market research News 

NRF: Nearly 180 million shop over Thanksgiving Holiday weekend

Nearly 180 million Americans shopped during the five-day holiday shopping period from Thanksgiving Day through Cyber Monday, according to the annual survey released by the National Retail Federation and Prosper Insights & Analytics. “Retailers have adapted and enticed customers with a number of incentives throughout November. The Thanksgiving holiday weekend remains a significant time for friends and families to check... Read More
Smartphoto group takes over gift-marketer Frucon² Acquisitions News 

Smartphoto group takes over gift-marketer Frucon²

Smartphoto group NV, the Belguin-based player in personalized e-commerce, came to a final agreement regarding the acquisition of Frucon² NV from entrepreneur Benny Sintobin. Frucon², located in Ardooie, Belgium, is one of the online European market leaders in the sale of personalised gift packages with chocolate, beer, fruit or flowers for companies and consumers, with websites such as Gift.be and... Read More
Mimeo Photos releases biggest macOS update yet  News Updates 

Mimeo Photos releases biggest macOS update yet 

Mimeo Photos released its biggest macOS update yet with Version 5.0. The new release includes much-requested features like image deletion and keyboard shortcuts, along with project syncing across Mac devices and more. Among the new features: Project Syncing: Mimeo Photos developed project syncing across multiple Mac devices (macOS Big Sur and Monterey, only). For example, if iCloud is enabled and... Read More
Kodak Alaris announces TRI-X 400 single-use camera  News 

Kodak Alaris announces TRI-X 400 single-use camera 

Kodak Alaris expands its portfolio with the launch of the Kodak Professional TRI-X 400 single-use camera. The with-flash camera comes pre-loaded with 27 exposures of Kodak Professional TRI-X 400 film, known for its contrast, tonality, and classic grain structure. The TRI-X 400 film requires a traditional black-and-white film development process. The camera is now available from distributors. “Kodak single-use cameras... Read More
IDC: Global smartphone shipments expected to grow 5.3% in 2021 Market research News 

IDC: Global smartphone shipments expected to grow 5.3% in 2021

According to the International Data Corporation (IDC) Worldwide Quarterly Mobile Phone Tracker, shipments of smartphones will grow 5.3% year over year in 2021, reaching 1.35 billion shipments. Due to the lower than expected third quarter and the continued component shortages and logistical challenges, which may not improve until mid-2022, however, IDC has lowered its growth forecast for 2021 and 2022 from... Read More
Picsart to acquire computer vision and AI company DeepCraft Acquisitions News 

Picsart to acquire computer vision and AI company DeepCraft

Digital creation platform Picsart is acquiring the research and development company DeepCraft for an undisclosed sum. This is Picsart’s second video-based acquisition. Last year Picsart acquired the advanced video effects company “D’efekt,” since rebranded to EFEKT. This is also Picsart’s first acquisition since the announcement of its Series C funding and unicorn status earlier this year. The company said DeepCraft’s “breakthroughs in computer... Read More
Printful customer all-time sales hit $1 billion on Black Friday Cyber Monday weekend News 

Printful customer all-time sales hit $1 billion on Black Friday Cyber Monday weekend

After gathering Black Friday and Cyber Monday (BFCM) sales data, Printful announced the company’s total gross merchandise value (GMV) reached more than $1 billion during the peak season, and Printful has now printed over 40 million items. “Black Friday and Cyber Monday are our busiest time of the year,” says Davis Siksnans, CEO and co-founder, Printful. “Each season, our customers—business... Read More
Urbanimmersive acquires real estate photography agency Agence Immophoto, Tours Virtuales Acquisitions News 

Urbanimmersive acquires real estate photography agency Agence Immophoto, Tours Virtuales

Urbanimmersive closed the acquisition of all the outstanding shares of the real-estate photography agency Agence Immophoto Inc. for a total purchase price of $500,000. of which $300,000 payable immediately, $100,000 payable by the immediate issuance of 103,093 shares of the company stock at a price of $0.97 per share, and $100,000 payable in shares 12 months following closing. This new... Read More
Dead Pixels Society podcast: Building passive income for photographers with Rick Sammon News Podcasts 

Dead Pixels Society podcast: Building passive income for photographers with Rick Sammon

Gary Pageau of the Dead Pixels Society talks with photographer and author, Rick Sammon, about his latest book, “How to Make Money While You are Sleeping: A Photographer’s Guide to Passive Income – And Other Savvy Business Strategies.” The book, which is Sammon’s 43rd, covers a wide range of tactics for photographers and other creatives to create diverse income streams. In this interview, Sammon... Read More
Chatham ups bid to acquire RRD News 

Chatham ups bid to acquire RRD

Chatham Asset Management, the private investment firm that already owns approximately 14.9% of the outstanding common stock and is the largest bondholder of Chicago-based  R.R. Donnelley & Sons submitted a binding, fully financed offer, and draft merger agreement on Nov. 16, 2021, to acquire all the common stock of RRD not already owned by Chatham for $9.10 per share in cash. Chatham... Read More
Michaels predicts 2022 as the year of “Mindful Making” Marketing News 

Michaels predicts 2022 as the year of “Mindful Making”

The Michaels Companies, Inc., the largest arts and crafts retail chain in North America, released its first-ever trend predictions for 2022. Michaels’ trend experts are constantly tracking the materials and makes on the horizon — about 18 months before they’re in-store or trending on social, the company said. Through a combination of internal data, customer insights, and engagement with Makers... Read More
CVS Health to close 900 stores over three years News 

CVS Health to close 900 stores over three years

CVS Health announced “several steps to support its strategy of making health care more affordable, accessible and convenient for consumers,” according to a press release. The company has been emphasizing its health business, and as part of the company’s strategic review of its retail business, CVS Health will have three distinct retail models serving as community health destinations: Sites dedicated to... Read More