Frame Media changes name to Thinking Screen Media

Digital frame content company Frame Media, Wellesley, Mass., changed its name to Thinking Screen Media. Founded in 2007, the company was initially focused on the wireless photo frame market, but has expanded into a broader range of devices. Called “Connected Screens”, these devices encompass Internet-ready devices containing a screen, such as photo frames, TVs, media [...]

Costco level sales in August, down 2 percent for the year

Costco Wholesale Corp., Issaquah, Wash., reported net sales of $5.4 billion for the four weeks ended Aug. 30,compared to net sales of $5.4 billion in the same four-week period last year. Net sales for the fiscal 2009 fourth quarter were $21.9 billion, a decrease of three percent from $22.6 billion same quarter last year. Net [...]

TechSmith releases Camtasia for Mac

Screen capture and screen recording solutions provider TechSmith Corp., Okemos, Mich.,  announced Camtasia for Mac is available immediately for download and purchase. With Camtasia for Mac, customers can create professional and engaging presentations, demonstrations, screencasts, training and marketing videos in HD-quality video to reach audiences online, on Apple portable media devices, and on popular video [...]

Facial Recognition’s Future in The 6Sight Report

The 6Sight Report — featuring trends analysis, market research reports, exclusive conversations with industry leaders — is now available to subscribers.
This issue includes an in-depth interview with Henry Schneiderman, Ph.D., founder of Pittsburgh Pattern Recognition, on the future of facial recognition technology.
Also in this issue:

3D going mainstream: Led by Hollywood and Fujifilm, 3D capture and [...]

Nokia seizes social internet

At Nokia World, the company‘s annual public event, Nokia Corp. unveiled lifecasting with Ovi, a partnership with the world’s largest social network, Facebook. According to a press release, lifecasting with Ovi is the first application to let people publish their location and status updates directly to their Facebook account from the home screen of a [...]

CPI Corp. posts smaller quarterly loss due to lower costs, expenses

CPI Corp., St. Louis, Mo., reported a smaller second-quarter loss, helped by lower costs and expenses. CPI, which operates portrait studios, lost $3.4 million for the quarter ended July 25, compared with a loss of $3.6 million a year earlier. The report included charges of $536,000 in litigation costs and $977,000 related to a proxy [...]

Corel launches photo and video software

Corel Digital Studio 2010 is a new photo and video software package from Corel Corp., Ottawa, Ontario, Canada. Corel says the software brings together photo, video, DVD burning and playback, all in one easy, fun and engaging environment.
Digital Studio 2010 offers one-click fixes for photos and videos, as well as photo book, slideshow and home [...]

Rite Aid, Target, Fred’s report August sales

Several large retailer reported August sales were flat to slightly improving.
Rite Aid Corp., Camp Hill, Pa., reported same-store sales decreased 1.9 percent in August, citing the “weak economy with high unemployment. For the five weeks ended Aug. 29, same store sales (excluding the acquired Brooks Eckerd stores) were down 1.5 percent compared to the prior-year [...]

Panasonic claims smallest interchangeable lens camera with flash

The Lumix GF1 is the world’s smallest and lightest interchangeable lens camera with built-in flash, packing powerful DSLR and HD video capabilities into a sleek and easy-to-use compact body, claims Secaucus, N.J.-based Panasonic Consumer Electronics Co.
The camera has an “elegant, compact design reminiscent of classic film cameras,” the company says. The 12 megapixel camera measures [...]

EBay to sell majority stake in Skype for $2 billion

The Associated Press (AP) reports eBay Inc. is selling the majority of voice-over-internet service Skype for about $2 billion to a group of private investors.
EBay will trade a 65 percent stake in the business to a group of private investment funds for $1.9 billion in cash and $125 million to be paid later. EBay will [...]

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