Industry news, app updates and more for the week of Nov. 8
Rumours and interesting items from around the internet
- Canva has partnered with US marketing platform HubSpot to making designing and distributing images easier, via BusinessInsider
- Photo Book Girl gave a positive review for Mixbook’s new premium lustre layflat photo book.
- Tom’s Guide reviwer Sally Weiner Grotta was not impressed with the photo books from Walmart Photos (“Walmart Photos Review: Low Prices, Low Quality”) and from CVS Photos (“CVS Photo Review: Good for Prescriptions, Not So Good for Photo Books”). Weiner Grotta’s other picks were top-rated Mixbook, followed by MPix, Picaboo, Shutterfly, Printique (formerly Adorama Pix), Artifact Uprising, Snapfish, Minted, Costco, and Amazon Prints.
- TSS Photography named a top franchise for veterans by Franchise Business Review
App and software updates
- Canon announces Adobe Premiere Pro and Final Cut Pro X will now support H.265/XF-HEVC recording for the XF705 4K Professional Camcorder
- Panasonic releases firmware update programs for the LUMIX S1R, S1, GH5, GH5S and G9
- Insta360 announced an update for the Insta360 ONE X app alongside the first major update to Insta360’s latest camera Insta360 GO. iOS 2.0.0 (ONE X) and iOS 1.3.0 (GO) will go live in mid-November to bring three new headline features—better visuals, better audio and optimized editing experience for creators.
Tech developments to watch
- TikTok’s new tools seek to deepen ties with U.S. app developers, via Bloomberg. TikTok is also teaming up with augmented-reality company Fuse.it, photo- and video-editing program PicsArt, image-animating app Plotaverse and other outside app developers.
- Toys “R” Us Canada using Snapchat AR for holiday sales
Financial News
- Kodak reports third-quarter loss of $5 million, but film sales are up
- Nikon sees first-half net profit drop 77% on 13% revenue decline
- GoPro third-quarter revenues drop 54%
- Smartphone camera lens maker Largan reported consolidated revenues of NT$6.626 billion (US$217 million) for October, hitting a monthly record for the third consecutive month with growth of 0.45% sequentially and 27.20% on year, reported DigiTimes. The growth was mainly driven by better-than-expected sales for iPhone 11 Pro, for which Largan is the main supplier of rear camera triple-lens modules. Of the sales, 20-megapixel and above lens modules accounted for 10-20%; 10- to below 20-megapixel, 50-60%; 8- to below 10-megapixel, 10-20%; and below 8-megapixel, 10-20%.
- CVS reports third-quarter total revenues increased by 36.5% to $64.8 billion
People on the Move
- Legacybox names Emily Holesinger as CFO
- Walgreens named a chief marketing officer, Patrick McLean, with a digital background, via Chain Store Age. McLean served as executive VP, chief marketing officer and head of corporate and public affairs at TD Bank.
- PPA announces new board members: Makayla Harris and George Joell.
- Memjet hires former HP executive John Ortiz to lead development of ink and materials, via WhatTheyThink
- Dawn Owen promoted to vice president of Christie’s Photographic Solutions