The L.A. Times Lays Off At Least 115 Newsroom Staffers
The Los Angeles Times reports that it has begun laying off employees on Tuesday, with at least 115 newsroom staff slated to be let go. The cuts amount to more …
industry
Outdoor Photographer’s New Owner is Now Suing the Former Owner
The BeBop Channel has filed a lawsuit in Massachusetts against Ziplin Group, LLP and its owner, Jeffrey Wolk, over BeBop’s acquisition of Madavor Media early last year. This is yet …
Despite Heavy Emphasis, Foldables Are Just 1% of the Smartphone Market
Despite Samsung, OnePlus, Google, and others heavily emphasizing folding smartphones, the hardware remains widely unpopular and make up barely 1% of the entire smartphone market. While multiple companies are throwing …
A Beginner’s Guide to Asset Performance Management (APM)
Breakthroughs in technologies like Artificial Intelligence (AI) are changing how we think about operations management. As organizations move from a reactive approach to a proactive one, they can use technologies …
Automakers brace for moderate sales after record 2023; gear up for more EV launches in 2024
After posting record-breaking volumes in 2023, Indian automobile industry is driving into the new year aware of a lurking moderation in sales growth but ready to embrace green technologies, led …
Panasonic Reorganizes Due to Growth of Video Content Creation Market
Panasonic Connect Co., Ltd. and Panasonic Entertainment & Communication Co., Ltd. (PEAC) announced that they are reorganizing by consolidating the Professional AV business and Panasonic Visual Co., Ltd. Panasonic explains …
Adobe General Counsel Explains how its $20 Billion Figma Deal Fell Through
Adobe and Figma started the week by halting their $20 billion merger. Adobe had to pay Figma $1 billion for the acquisition termination. Over at The Verge, its editor-in-chief Nilay …
Australian Photo Industry Website Inside Imaging is Shutting Down
After 15 years of publishing photography industry news, the Australian website Inside Imaging has announced that it is shutting down. In an article published today, December 19, the website’s co-publishers, …
Adobe Pays $1 Billion to Terminate $20 Billion Figma Acquisition
Adobe has abandoned its $20 billion takeover bid for design platform Figma. The prolonged acquisition attempt has been wrought with regulatory opposition in the United States, European Union, and United …
Adobe Records Revenue of $5 Billion in a Single Quarter for the First Time
Adobe has capped its massive 2023 year with a record: it has achieved revenue of $5.05 billion in the fourth fiscal quarter, the first time it has exceeded $5 billion …