Canva to acquire generative AI platform Leonardo.AI Acquisitions News 

Canva to acquire generative AI platform Leonardo.AI

GaryPageau
Canva announced plans to acquire Leonardo.AI. As one of Australia’s fastest-growing startups, and a leading generative AI content and research company, Leonardo.AI is empowering millions of people to bring their ideas to life through production-quality images and videos. The acquisition complements Canva’s offering and enhances the company’s vision to build a world-class suite of visual AI tools, the company said. Terms... Read More
Mintel: German consumer sentiment hits a new low as economic inequality continues to grow Market research News 

Mintel: German consumer sentiment hits a new low as economic inequality continues to grow

GaryPageau
According to a new Mintel study on the lifestyles and attitudes of consumers in Germany, 85% of respondents feel most people in this country are in a bad mood at the moment. 85% of German consumers perceive current mood as ‘poor’ Within the group of German consumers reporting they are financially struggling, only a fraction reported an improvement, while 73%... Read More
Private equity firm purchases Kodak Alaris, parent of Kodak Moments Acquisitions News 

Private equity firm purchases Kodak Alaris, parent of Kodak Moments

GaryPageau , ,
Kodak Alaris announced Kingswood Capital Management, LP acquired the company from the United Kingdom Pension Protection Fund. Kingswood is a Los Angeles-based private-equity firm focused on buyouts of middle-market businesses and has significant experience in driving value for consumer and industrial services businesses. Kodak Alaris was formed following the 2012 bankruptcy of Eastman Kodak Co., with a purchase of Kodak’s... Read More
NRF: Economy still growing, but could be slowing enough for Fed to lower interest rates Market research 

NRF: Economy still growing, but could be slowing enough for Fed to lower interest rates

GaryPageau
Key elements of the economy are still growing but appear to have slowed enough to be on track for the Federal Reserve to lower interest rates later this year, National Retail Federation Chief Economist Jack Kleinhenz said today. “The consumer environment has kept the expansion on a positive path toward a ‘soft landing’ despite high interest rates,” Kleinhenz said. “Meanwhile,... Read More
Harris Computer Corp. buys Dakis Decision Systems Acquisitions News 

Harris Computer Corp. buys Dakis Decision Systems

GaryPageau , ,
Harris Computer Corp., a global leader in software solutions, announced the acquisition of Dakis Decision Systems, Inc. and its e-commerce platform. Terms were not disclosed. dakis offers e-commerce and photo solutions platforms, including point of sale, online and in-store photo kiosks, as well as lab printing convenience. The company provides solutions for camera stores, photo labs, and print shops that... Read More
Snap Inc. grows second-quarter revenue 16%, reduces quarterly loss Earnings reports News 

Snap Inc. grows second-quarter revenue 16%, reduces quarterly loss

GaryPageau
Snap Inc. announced financial results for the quarter ended June 30, 2024. Sales revenue increased 16% to $1.23 billion, with the net loss improving to $249 million, compared to $377 million last year. “Our community grew to reach more than 850 million monthly active users in Q2, with more than 11 million Snapchat+ subscribers,” said Evan Spiegel, CEO. “We continued... Read More
Crafting memorable campaigns with emotional impact, with James I Bond, Brain Glue Marketing Podcasts 

Crafting memorable campaigns with emotional impact, with James I Bond, Brain Glue

GaryPageau ,
Unlock the secrets to commanding your worth and mastering emotional selling! Join us as we sit down with James I Bond, an author and behavioral management specialist, who takes us through his fascinating journey from an apprentice photographer in Montreal to a magnate in photography and advertising. Discover how a stolen photograph and a million-dollar lawsuit imparted invaluable lessons on valuing... Read More
Amaze brings Spring platform to India with new fulfillment centers News Partnerships 

Amaze brings Spring platform to India with new fulfillment centers

GaryPageau
  Amaze, the all-in-one, end-to-end creator commerce solution, announced the expansion of its Spring by Amaze platform with new fulfillment centers in India. By establishing localized fulfillment centers, creators in India can now offer their communities quicker, more cost-effective shipping options, eliminating the high international shipping fees that previously hindered purchases, the company said. This move not only enhances the... Read More
Claranova shows steady 2023-24 revenue at €496 million Earnings reports 

Claranova shows steady 2023-24 revenue at €496 million

GaryPageau
PlanetArt parent Claranova reported steady revenue while undergoing large-scale management changes. The company is also facing a lawsuit from its former CEO. Total revenue for the prior 12 months was €496 million, down 2% from €507 million. “Claranova registered a marginal increase in revenue on a like-for-like basis for FY 2023-2024, ” said Eric Gareau, CEO. “These results are testimony... Read More
CNN: Instagram permanantly some users Stories News 

CNN: Instagram permanantly some users Stories

GaryPageau
CNN reports some Instagram posters were notified yesterday that some photos were permanently deleted from the app’s Stories archives, with no recovery possible. Instagram doesn’t automatically save Stories to the Camera Roll (unless a setting is selected); instead, they are auto-uploaded to Story archives. Unlike traditional Instagram posts, Stories are casual posts with a 24-hour lifespan that can be personalized... Read More
IPI announces $1,650 Print Refinery incentive package News Promotions 

IPI announces $1,650 Print Refinery incentive package

GaryPageau ,
IPI Member Network is offering, for a limited time, a $1,650 Incentive Package for retailers who adopt The Print Refinery licensed business model; the offer ends Aug. 31, 2024. Originally developed to help photo/print retailers reinvent their businesses, The Print Refinery concept has become a proven solution for elevating the customer experience, increasing sales, and even helping prepare a business... Read More
Tamron launches 28-300mm F4-7.1 Di III VC VXD (Model A074) for Sony E-mount New Products 

Tamron launches 28-300mm F4-7.1 Di III VC VXD (Model A074) for Sony E-mount

GaryPageau ,
Tamron announces the 28-300mm F4-7.1 Di III VC VXD (Model A074), a 10.7x all-in-one zoom lens for Sony E-mount full-frame mirrorless cameras on Aug. 29, 2024, at $899 USD / $1,199 CAD. The TAMRON 28-300mm F4-7.1 VC covers from 28mm wide-angle to 300mm telephoto and weighs only 21.5 oz. (610g). The lens has the VXD (Voice-coil eXtreme-torque Drive) linear motor... Read More
IDC: Worldwide Gen AI smartphone shipments forecast to reach 70% of themarket by 2028 Market research 

IDC: Worldwide Gen AI smartphone shipments forecast to reach 70% of themarket by 2028

GaryPageau , ,
The future of the smartphone industry is set to be transformed as worldwide generative AI (GenAI) smartphone shipments are forecast to grow 363.6% year over year in 2024 to 234.2 million units, according to a new International Data Corporation (IDC) forecast. This represents 19% of the overall smartphone market in 2024. IDC defines GenAI smartphones as devices that feature a... Read More
allcop expands Paradies-Fotobuch Nature with Blue Angel photobooks to dm News Partnerships 

allcop expands Paradies-Fotobuch Nature with Blue Angel photobooks to dm

GaryPageau
allcop Farbbild-Service GmbH & Co. KG is expanding the availability of its environmentally friendly photobook, under the Blue Angel environmental label.  Customers of dm-drogerie markt can now order the first photobook awarded the Blue Angel environmental label for resource-saving and environmentally friendly printed products (DE-UZ 195). Under the dm brand, “Paradies-Fotobuch” dm customers can now preserve their memories in available... Read More