Instagram is the fourth Facebook-owned social media app to reach the coveted 1 billion users mark.
Articles tagged "industry-news"
DxO Labs announced bankruptcy a few months back, but with a silver-lining: its flagship desktop software, Photolab, would receive a free update by summer. The company also announced that the Nik Software Collection would receive its first update since 2017. As of today, both promises have been fulfilled.
According to a recent investor presentation, Sony intends to occupy the top slot in the overall camera market by the end of 2020, beating back Canon and Nikon by boosting its interchangeable lens systems.
45-year-old photography magazine Shutterbug announced today that it is shutting down its print publication, focusing instead on reaching its readers online as a web-only publication.
The new website and app—developed by Fujifilm USA but available to everyone—will host interviews with X and GFX professionals, run technique articles, and showcase collections of images shot with Fujifilm equipment.
Nikon Corporation has released financial results for the fiscal year ending March 31st 2018, and the news is good. Thanks to strong sales of the D850 and some restructuring measures paying off, the company reported an 8x increase in overall profit despite a slight drop in revenue.
In a surprising bit of good news, GoPro's Q1 earnings report exceeded analysts' expectations thanks in part to demand for the new, entry-level GoPro HERO. And CEO Nick Woodman expects more good news in Q2.
In an interview with Japanese TV-channel NHK, a Nikon manager confirmed that a new mirrorless system will arrive by spring of 2019.
The Japanese electronics manufacturer—one of the pioneers in the digital camera segment—is leaving the compact camera market behind after concluding that no market growth or increase in market share can be expected for the future.
Nikon Corporation has warned investors that an assessment of its Belgium-based metrology business based is worth much less than expected, and that they should brace themselves for an 'extraordinary loss' of 10,343 million yen.
DxO Labs has filed the initial proceedings to start the bankruptcy process in France. The company is currently under "judicial administration," which allows it some time to restructure and find a buyer before the liquidation process occurs.
Under the agreement, the two companies will work together to develop Oppo's smartphone camera roadmap, covering optical zoom, depth mapping and other innovative imaging features that dual cameras allow.
The program first launched last year, but only as a temporary promotion limited to previous-generation GoPro cameras exchanged for discounts on current-generation models. This time around, GoPro is accepting nearly any digital camera in any condition.
Photokina has released an official list of confirmed exhibitors for the 2018 expo, quieting rumors that major brands like Canon and Profoto might follow in Elinchrom's lead and skip this year's show.
If you look at the cameras used to shoot the winning photos in the prestigious World Press Photo 2018 competition, you'll see that DSLRs dominated over mirrorless, and Nikon dominated over everyone.
Details on the potential buy-out are sparse at this point, but a report claims the deal could be worth as much as $1 billion. GoPro has been struggling lately, so no surprise the company's stock price spiked 8.8 percent on this news.
Swiss lighting manufacturer Elinchrom has officially announced that it will "take a breather" from this year's Photokina trade show, and according to industry rumors, other brands like Profoto might follow suit.
Leica's prices are about to go up in the USA. Starting May 1st, expect to pay hundreds more for 66 different Leica products including most Leica M cameras, nearly all Leica M lenses and more.
CIPA has released its February report, which shows DSLR shipments pretty much flat, mirrorless camera shipments down by nearly 16%, and compact camera shipments down by almost 45%. Combined, that makes for a 27% drop in overall digital camera shipments.
It's official. Light field company Lytro has announced that it is shutting down just one week after TechCrunch reported that Google was planning to buy the company for $40M. But it seems Google is more interested in the company's employees than its light field technology...
GoPro has inked a multi-year licensing deal with manufacturing services company Jabil that will allow Jabil to incorporate GoPro sensor modules and camera lenses into third-party products.
In a ‘the world’s gone crazy’ role-reversal Sheeba magazine's submission guidelines specifyl that photographers lucky enough to have an image selected for the cover will have to pay $860 for the privilege of having it used.
A report from the National Endowment for the Arts shows that photography and photo-finishing services contributed $10.2 billion to the US economy in 2015.
According to unnamed sources, Google will acquire Lytro's technology and patents, with Lytro employees already having left the company.
The company posted a record quarterly revenue of $2.08 billion for the first quarter of the 2018 fiscal year. That represents incredibly healthy year-over-year growth of 24 percent.
In the job posting, the Times' describes this role as "one of the most important and high-profile jobs in visual journalism." If you're looking for a high profile job in photojournalism, you could do a lot worse than being Photo Director at The Gray Lady.
According to a recent report out of South Korea, Samsung is increasing production of its ISOCELL image sensors in a bid towards market leadership for image sensors. To reach this goal, Samsung will have to dethrone current market leader Sony... no small task.
In a statement, Canon CEO Fujio Mitarai said the company will "go on the offensive" in mirrorless cameras, aiming to clinch 50% of the entire interchangeable-lens camera market.
According to Japan Camera Hunter, Agfa Vista color negative film is no longer being produced. The site says the information was confirmed by ‘reliable industry sources,’ and that supplies are drying up around the world.
A report that Instagram was considering bringing back the chronological feed has been squashed by Instagram itself. Despite years of complaining, it seems IG has no interest in dumping the algorithmic feed.
We've seen a spate of press releases trumpeting market share and ranking position in recent months. But, argues office curmudgeon Richard Butler, you should ignore them since they tell you very little – and less still that's useful.
In a report from last month, the president of Canon Marketing Japan, Masahiro Sakata, confirmed that Canon is willing to cannibalize its DSLR sales to invest in the "growth market" of mirrorless cameras.
KitSplit—the gear rental company that lets companies and individuals post their gear for rent when they're not using it—just raised $2.1 million in funding to help the company grow its presence in Hollywood.
CIPA stats for January have been released, and the news is not pretty. The number of cameras made and shipped in the first month of 2018 barely reached 70% of the volume for the same period last year and the year before.
On-demand photo licensing service ImageBrief is shutting down after six years of trying to compete in the same industry as giants like Getty and Shutterstock. The news was announced in an email to users sent out earlier this week.
Visual China Group (VCG)—the world's third largest image licensing company and the so-called 'Getty Images of China'—has acquired photo sharing community and licensing marketplace 500px.
Camera accessory manufacturer Really Right Stuff is relocating. The company is moving its headquarters from California to Utah, citing rising costs and promising 'expansion on every level' as a result of this move.
As a result of its licensing deal with Getty, Google Images will no longer link directly to an image file from the search results. Instead, users will have to actually visit the site that hosts it.
Thomas Escher, Panono's new CEO, wants to steer the company strategy towards customized software development for the real-estate and construction sectors.
Directors from six US intelligence agencies—including the CIA, FBI, and NSA—have told the Senate Intelligence Committee that it does not recommend Americans purchase Huawei devices, citing multiple security concerns.
Fujifilm's Imaging Solutions division recorded a revenue of $2.77 billion and operating income of $465 million in the first three quarters of 2017. That's a 15.6% increase in year-on-year revenue and a whopping 76.1% jump in operating income over the same period last year.
The US Navy has officially eliminated its two remaining combat camera units "as an overall cost savings measure." The services these so-called COMCAM units provided will be taken over by the Navy Public Affairs Support Element command.
Foxconn Chairman Terry Gou said over the weekend that the company is working with RED Digital Cinema to build top-quality video cameras at a third of the current prices.
The deal was struck in response to a 2016 lawsuit by Getty, which accused Google of "promoting piracy" by linking high-resolution images in its Image Search. This development should help cut down on what Getty calls "accidental pirates."
Kodak is reportedly warning potential KODAKCoin investors that scammers are listing the cryptocurrency for sale online, despite its lack of official availability.
In 2016, over 150 professional photojournalists penned an open letter to camera manufacturers begging them to add encryption technology. In 2018, that request doesn't look any closer to reality than it did two years ago.