Flickr decided in January 2005 to take the Yahoo offer — reportedly for $35 million. There were too many compelling reasons to take the offer during what was still an uncertain time. Because it was early in the growth of tech startups after the dot-com crash, Flickr missed some of the up-tick in the market, as others sold for more when the market took off: Myspace sold to News Corp. for $580 million in July 2005 and later YouTube, which Google acquired in October 2006 for $1.65 billion in stock. “We definitely made the wrong decision in retrospect. We would’ve made 10 times [what we did]. But it’s not like I regret it,” Butterfield says.
Cop pulled a gun on me tonight for asking a question. #ferguson
— raffephoto (@raffephoto) August 20, 2014
By now we all know that the stories of media/police confrontation from Ferguson, MO have two sides. On the one hand, seemingly unnecessary arrests of major photojournalists had even the President of the United States condemning that officers’ actions. On the other, a photojournalist on the ground explained why he was embarrassed by the way the media is acting in the area.
And yet, it’s hard to imagine there being a good reason why, on a relatively peaceful protest day, a police officer answered a journalist’s seemingly innocent question by pulling and pointing a gun at him. Read more…
Research and development for the action camera company has driven up costs over $34 million – more than doubling expenses since they IPOed. With competition rising from other imaging companies such as Drift, Sony, and Panasonic, it figures that GoPro’s resources are being geared towards to diversifying their product.
“With the disappearance of so many independent local booksellers and the downward pressure exerted by large chains and Amazon.com, publishers can no longer afford to take chances on a new artist,” wrote photographer David Lykes Keenan on his Kickstarter page. “In response, a new model has been born: the artist-funded book.”
The latter years of the first decade of the 20th century were by no means glorious ones for The Polaroid Corporation. Filing for bankruptcy multiple times, the company ultimately decided to kill off its instant camera business in 2007, with the death of their instant film coming not long after in 2008. And while the demise of Polaroid’s instant film era is a sad one, it went out strong.
Thankfully, first-time filmmaker Grant Hamilton was there to capture the last year of Polaroid’s existence as we will almost always know it. Broken up into three acts, Time Zero: The Last Year of Polaroid Film tells the story of Polaroid’s last year through the eyes of the artists who shot the film, the dying days of instant film production and the idea and start of what was rightly deemed The Impossible Project.
The controversy surrounding the monkey selfies above, which were taken by an endangered crested black macaque using photographer David Slater‘s equipment, is heating up once again as Wikipedia parent Wikimedia refuses to remove the photo from its commons library, claiming that Slater does not own the copyright. Read more…