Articles tagged "business"

In early March, it was reported the ITC ruled in Autel's favor over a long-standing patent battle. DJI, and its legal team, have issued a response declaring victory on their end.

Nikon has announced new, lower projections for its 2020 fiscal year and has done some clever accounting to help reduce its taxable income for the year.

Both companies say accounting procedures are proving difficult amidst global stay-at-home orders, making it challenging to audit their financial results in the usual timeframe. Results for both companies are pushed back by a few weeks.

Instagram-competitor VSCO and action camera company GoPro both plan to release new features and products in 2020 despite the restructuring.

Sony has announced that on April 1, 2020 it will be spinning off its Electronics Products & Solutions (EP&S) segment into Sony Electronics Corporation, an intermediate holding company.

The joint announcement was made by Olympus and Panasonic, who warmly welcomed the trio to the Micro Four Thirds System standard.

Updated: The decision was made as DRAM prices soar as smartphone makers demand fast memory for 5G phones.

If true, the image platform has beaten YouTube's 2019 ad revenue by billions.

It all depends on whether the outbreak disrupts Sony's supply chain in China.

DynaLite, the photographic lighting company founded in the 1970s, has been forced to file for bankruptcy and permanently shutter its service.

Sony's newly formed artificial intelligence organization will focus on creating new AI technologies for cameras, gaming, and more.

Olympus has issued a statement to Chinese financial publication Sina Finance News claiming it will continue 'to work on the improvement of profitability and efficiency in these two business areas,' a direct response to a rumor that stated its imaging division would be shut down within a year.

Kodak film is making progress, in revenue figures at least, while the rest of the company posts a loss for the last quarter.

United Kingdom photo retailer Jessops is reportedly looking for administrators to help sort out rising costs and falling revenue.

Tomorrow, Sony's is reorganizing and renaming its ‘Business Transformation/IS Department’ to ‘Corporate IS Department.’

Earlier this year, Nikkei reported Canon was anticipating a 20 percent profit decrease for its 2019 fiscal year. Now the decrease is expected to be 40 percent year-over-year.

Comments during a G20 press conference suggest U.S. firms will be able to sell to the Chinese tech giant once again.

Apple has announced that its chief design officer, Jony Ive, is leaving the company to start his own design firm.

Apollo Global Management has agreed to acquire Shutterfly for $2.7B and says it plans to merge it with Snapfish, which was also acquired for an undisclosed sum.

While Canon and Nikon have lost double-digit percentages year-over-year for their respective imaging divisions, Sony has managed to come out in the green, albeit not by much.

Nikon's latest financial reports show revenue of its Imaging division has dropped almost 18% year-over-year.

Nikkei Asian Review says the increasing capabilities of smartphones are at least partially to blame for the downturn in sales.

Kodak Alaris' Paper, Photochemicals and Film (PPF) unit is actively looking for potential buyers.

DJI has published an open letter on its website that provides more information regarding its internal investigation pertaining to alleged corruption and theft.

A statement following internal investigation by DJI alleges a number of employee were part of an internal corruption scandal that overcharged DJI for parts and materials.

Canon has proudly announced that it ranked third in the world for the number of patents awarded to it by the US Patents Office during 2018.

French company GT Company has licensed the AgfaPhoto brand and launched a range of new budget products.

GoPro announced Monday morning that it plans to move production of United States-bound cameras out of China, citing tariffs concerns.

Verizon is planning to combine AOL, Yahoo and a few of its other subsidiaries into a new ad platform called Oath.

Canon has increased its estimated 2017 operating profit, due mainly to its acquisition of Toshiba's medical equipment unit. Camera-wise, the 5D Mark IV has helped to drive sales, with mirrorless products doing well in Europe and Asia. As expected, point-and-shoot sales continue to drop. Read more

According to a report by analyst firm The NPD Group, U.S. dollar sales of drones more than doubled in the 12 months ending February 2017 and premium features are in high demand. Read more

KitSplit has bought rival camera gear rental marketplace CameraLends and integrated the latter's user base and gear information into its own systems. Read more

KitSplit is a peer-to-peer rental network for camera gear. It aims to bring together people in need of equipment and those who are willing to rent their gear out, taking care of vetting, insurance and the logistics. The company has expanded its area of coverage in the US. Read more

An interview with a social media executive paints a pretty bleak picture of the fading 'influencer' phenomenon in which individuals are paid handsomly to promote products to their large social media followings. Read more

Back in October, Sony announced its intention to buy out Toshiba's sensor business, and today they've sealed the deal. Sony is spending ¥19 billion ($154 million) on the acquisition, which includes technology and a factory in Oita, Japan. Toshiba's 1,100 workers will be offered positions at Sony Semiconductor after the merger closes by the end of the first quarter 2016. Read more

Commercial photography is like any other business in that there are many day-to-day functions for the business to succeed. This blog explores the typical demands and tasks I exert to run my photography business. I include some business strategies todifferentiate your business to increase profits.

As a retired business manager and consultant for many known successful photographers, I am always asked how I can advise young talented photographers to start and grow their photography business to a full-time profession. The photography industry has changed drastically over the past 20 years, and