Inside.com: Capital expenditures expected to be smaller this year Market research 

Inside.com: Capital expenditures expected to be smaller this year

Inside.com reports capital spending by U.S. manufacturers is forecast to increase by 1% this year, down from a 14.9% annual increase in 2023. The U.S. Federal Reserve is keeping interest rates at a 23-year high, which is forcing many companies to slow down capital expenditures. Michigan-based Fullerton Tool Co. has delayed plans to spend $1 million upgrading the equipment it uses... Read More
ME Group on track for record perfomance; photo booths up 2.4% Earnings reports News 

ME Group on track for record perfomance; photo booths up 2.4%

ME Group International plc, the instant-service equipment group, announced an update on the group’s trading for the six months ended 30 April 2024. Positive trading momentum continued throughout H1 2024 compared with the six months ended 30 April 2023, with group revenue up 4.6% (up 8.6% excluding foreign exchange impact) and profit before tax up 10.3% (up 13.6%, excluding foreign... Read More
TetherTools announces TetherPro USB-C to USB-C straight to right angle cable New Products 

TetherTools announces TetherPro USB-C to USB-C straight to right angle cable

Tether Tools introduced the TetherPro USB-C to USB-C, 31′ (9.4m), Straight to Right Angle Cable. The Dual In-line TetherBoosts amplify and carry shielded data over the 31-foot linear distance for fast image transfer and a reliable, stable tether connection. Engineered to the highest USB-C specifications for super-speed data transfer, this cable lead offers uni-directional throughput, with no conflicting power delivery for an unprecedented... Read More
Condé Systems sold to TrophyKits owner, second-chance auction through Friday Acquisitions News 

Condé Systems sold to TrophyKits owner, second-chance auction through Friday

David McLean, the Jacksonville, Fla, owner of TrophyKits, announced the purchase of the business rights of Condé Systems, including the Condé brand, toll-free number and social media accounts, from the June 4 online asset auction. Details weren’t disclosed, but the company said more information will be provided in the coming days and weeks at www.conde.com. McLean said he founded TrophyKits.com... Read More
Apple announces major revisions to Photos apps, expands generative AI across MacOS News 

Apple announces major revisions to Photos apps, expands generative AI across MacOS

Apple today previewed iOS 18, featuring what the company says is the “biggest redesign” ever of the Photos app. Photo libraries are now automatically organized in a new single view in Photos, and helpful new collections keep favorites easily accessible.  iOS 18 also introduces Apple Intelligence, the personal intelligence system for iPhone, iPad, and Mac that combines generative models with... Read More
Canon announces the RF-S3.9mm F3.5 STM Dual Fisheye lens News 

Canon announces the RF-S3.9mm F3.5 STM Dual Fisheye lens

Canon announced the RF-S3.9mm F3.5 STM Dual Fisheye lens, compatible with the EOS R7 camera, for to social media creators to create VR content. The RF-S3.9mm F3.5 STM Dual Fisheye lens will be available in June 2024 for an estimated retail price of $1,099.99. (Firmware update is required for EOS R7 camera’s compatibility with RF-S3.9mm F3.5 STM Dual Fisheye lens.)... Read More
Blackmagic Design announces commercial camera system, software for Apple Immersive Video New Products 

Blackmagic Design announces commercial camera system, software for Apple Immersive Video

Blackmagic Design announced an end-to-end workflow for producing cinematic Apple Immersive Video for Apple Vision Pro. The company claims Blackmagic URSA Cine Immersive is the world’s first commercial camera system designed to capture Apple Immersive Video. Apple Immersive Video is a brand-new storytelling format that leverages 8K, 3D video with a 180-degree field of view, and Spatial Audio. Blackmagic Design... Read More
CNBC/NRF Retail Monitor: Retail sales jumped in May after a slow April Market research News 

CNBC/NRF Retail Monitor: Retail sales jumped in May after a slow April

Retail sales jumped significantly in May, showing strong increases both month over month and year over year, according to the CNBC/NRF Retail Monitor, powered by Affinity Solutions, released by the National Retail Federation. “Consumers have clearly retained their ability to spend and are driving solid economic growth,” said Matthew Shay, president and CEO, NRF. “Spending is being supported by the... Read More
Transforming business clarity in a fast-paced World, with Mitchell Levy Marketing Podcasts 

Transforming business clarity in a fast-paced World, with Mitchell Levy

Ready to uncover the secrets behind Silicon Valley’s success and learn from a global credibility expert? You won’t want to miss this episode where we sit down with Mitchell Levy, a dynamic executive coach and prolific author who has spent years at the epicenter of tech innovation. From steering companies in Silicon Valley to serving on a public firm’s board, Levy brings... Read More
Fewer positions left unfilled in cooling U.S. labor market Market research News 

Fewer positions left unfilled in cooling U.S. labor market

Businesses having difficulty finding employees may getting relief soon. According to  a report in Statista by Felix Richter, a data journalist: “As the U.S. labor market is slowly cooling off and job openings have come down from notably from 2022’s record highs, the worker crunch that plagued many industries for large parts of 2021 and 2022 has eased as well> According to... Read More
Leica Camera acquires Fjorden Electra AS company, launches Leica LUX app Acquisitions New Products Updates 

Leica Camera acquires Fjorden Electra AS company, launches Leica LUX app

Fresh off the acquisition of app developer and accessories maker Fjorden Electra AS, Leica Camera AG launched the Leica LUX app, a professional camera app that brings the Leica Look to the iPhone. The freemium app, which has a $69.95 annual subscription, caters to both seasoned photographers and beginners, offering features suitable for anything from quick snapshots to artistic compositions. the... Read More
TAMRON announces 50-300mm F/4.5-6.3 Di III VC VXD 6x telephoto zoom lens New Products 

TAMRON announces 50-300mm F/4.5-6.3 Di III VC VXD 6x telephoto zoom lens

Tamron launched the 50-300mm F/4.5-6.3 Di III VC VXD (Model A069), a 6x telephoto zoom lens, starting at 50mm on the wide end for added versatility, for Sony E-mount full-frame mirrorless cameras on June 27, 2024, at $799 USD / $1,099 CAD. The 50-300mm F4.5-6.3 VC features an extremely compact size with a length of just 5.9” (150mm) and a... Read More
Tamron updates Tamron Lens Utility for desktop and mobile Updates 

Tamron updates Tamron Lens Utility for desktop and mobile

TAMRON Americas, a leading provider of high-quality lenses, announces updates of the TAMRON Lens Utility, dedicated computer software, and the TAMRON Lens Utility Mobile, a dedicated application for Android1 OS-compatible smartphones and tablets. This update will provide additional functionality for greater convenience in the field and expand the possibilities of still and video photography. The software versions will change from... Read More
Ricoh adds two weatherproof compacts: PENTAX WG-1000, PENTAX WG-8 New Products 

Ricoh adds two weatherproof compacts: PENTAX WG-1000, PENTAX WG-8

Ricoh Imaging Americas Corp. expanded its lineup of waterproof, digital compact cameras with two new models: the entry-level PENTAX WG-1000 and high end PENTAX WG-8. The newest additions to the WG series of all-weather adventure cameras both feature a rugged chassis, plus the waterproof, dustproof, and shock-resistant features the series is known for. The WG-1000 The WG-1000 is designed for... Read More