Rumors and financial updates for the week of Aug. 15
New apps and updates
- Skylum has updated Luminar 3.1.3 with a new Lost Edits Album, Hotkeys and faster importing from SSD to Library and more.
- Kwilt updated its iOS app with easier setup and more device options
- Adobe reports updates to photography suite:
- Improvements to Lightroom Classic & Adobe Camera Raw – GPU accelerated editing and PNG export support
- Improvements to Lightroom Classic only – Batch Merge for HDR, Panoramas, and HDR Panoramas, Color Labels for Collections, Library Module Improvements
- Other improvements for various Lightroom products
- Alien Skin announced Exposure X5 is “coming soon.” The software will include new masking tools, improved lens correction tools, customizable camera profiles for RAW processing, new black-and-white film and more.
- Fotomerchant HV v1.34.3 has been released, featuring new 83-point data report.
Rumours and reports from around the Internet
- Snapchat creators earn serious money from making AR filters, via CNN
- Samsung Galaxy Note10+ 5G earns first place distinction in DxOMark’s Selfie Camera, Rear Cameras and Video Rankings, via press release
- For the 5th consecutive year, Snap36 makes the Inc. 5000 list of fastest-growing companies, via press release
- Eastman Kodak asks to reopen bankruptcy to shake off insurers, via Law360
- Pinterest opens office in Australia, via Pinterest blog
Tech developments to watch
People on the Move
- EFI appoints former Xerox chief Jeff Jacobson as Chief Executive Officer
- ShootProof names Lisa Hyde as chief financial officer, via press release
- Jostens names new yearbook ambassador, Casey Nichols, MJE
- Rite Aid appoints Heyward Donigan as Chief Executive Officer, via press release
- Canon drops Ambassador Barbara Davidson for ‘racist’ Tweet, via PetaPixel
Financial Reports
- U.S. Postal Service reports third-quarter fiscal 2019 revenue of $17.1 billion, essentially unchanged compared to the same quarter last year; net loss of nearly $2.3 billion, via press release
- CEWE sees sales increase for first half of 2019, lauds WhiteWall contribution
- Digital textile printer company Kornit Digital Ltd. reported results for the second quarter, ended June 30, 2019. Second-quarter revenue increased by 22.3% to $43.9 million, net of $2.4 million attributed to the non-cash impact of warrants, compared to $35.9 million, net of $1.5 million attributed to the non-cash impact of warrants, in the prior year period. Via press release