360-degree camera and technology company Insta360 has gone public on the Chinese stock market, and the company's shares surged to nearly 180 yuan, or about $25, an almost four-fold increase from its initial public offering (IPO) price of 47.27 yuan per share. The company is now valued at 71 billion yuan, or nearly $9.9 billion, making its 33-year-old founder, Liu Jingkang, also known as JK Liu, a billionaire, Forbes reports.
Fujifilm will relocate the production of four of its most popular X Series cameras from China to Japan, aiming to mitigate the impact of high United States tariffs and associated economic uncertainty.
South Korea has unveiled its first public museum dedicated entirely to photography, marking a significant milestone for the country’s cultural landscape. The Photography Seoul Museum of Art, a new addition to Seoul Museum of Art’s network, officially opened on May 29 in Dobong-gu, a district in northern Seoul.
Shortly after World Press Photo suspended Nick Ut's credit for the famous photo, The Terror of War, also known as Napalm Girl, three former Chairs and jurors of the World Press Photo Contest wrote an open letter to World Press Photo, expressing their dismay at the organization's decision. Now, 400 professional photographers have signed onto that letter.
In February, B&H Photo announced that it would bring the Bild Expo back to the Javits Center in New York City on June 17 and 18. It's just around the corner, and B&H has shared much more information about the expo, including the experiences that attendees can expect in a few weeks.
A federal court blocked President Donald Trump from levying and enforcing his wide-ranging tariffs under the 1977 International Emergency Economic Powers Act (IEEPA).
Today marks the 10th anniversary of Google Photos, a platform that has evolved from a simple storage solution into a powerful tool for organizing, editing, and sharing photos and videos. To celebrate, Google has shared jaw-dropping milestones and announced new features to usher in its next decade.
Fashion magazines are hiring Terry Richardson years after the once-dominant photographer disappeared from view amid multiple allegations of sexual misconduct.
Nikon announced today that it will increase the prices of its products in the United States in one month, on June 23, 2025, due to tariffs.
President Donald Trump has threatened Apple with a tariff of "at least 25%" if iPhone models sold in the United States are not manufactured in the U.S. This very targeted escalation in trade policy rhetoric sent Apple's stock down 3.7% as of writing. The company's stock is down nearly 20% so far this year.
Photographers are reporting that Adobe Stock is imposing upload limits after the image-selling platform has been swamped with AI imagery.
OpenAI is targeting AI-powered hardware in a big way. The AI tech company is purchasing io, an AI device startup, for nearly $6.5 billion. The startup was co-founded by veteran Apple designer Jony Ive, who left the company to form a design outfit, LoveFrom, in 2019. It is OpenAI's priciest acquisition yet.
Last week, an un-cited report alleged that Sony was about to initiate price increases across a range of its photo products, including accessories, compact cameras, and lenses. The supposed increases varied between 10% and 35%, but Sony declined to comment on the veracity of the report.
Nikon was Japan's best-selling full-frame mirrorless camera manufacturer last month for the first time. This was thanks in large part to the new Nikon Z5 II.
Earlier this week, Photo Rumors (which did not cite a source) reported that a long list of Sony camera products will see a price increase on Monday, May 19. Sony has declined to confirm or deny the claims to PetaPixel.
Thanks to the rapidly changing tariff situation in the United States, American photographers are dealing with pricing whiplash. Less than two weeks after hiking prices by as much as 90%, Leica has announced price reductions for some products because of the 90-day trade truce between the U.S. and China.
Nikon's latest financial results outline a significant drop in operating profit year-over-year, due mainly to significant one-time costs. The company also says that tariffs could reduce its profit for the current fiscal year by nearly $70 million.
Sony detailed its fourth-quarter 2024 financial results today, reflecting a 24% decline in year-over-year consolidated sales. However, Sony's imaging-related segments held steady. Unfortunately, the company also shared the anticipated impact of tariffs -- a massive operating income reduction.
U.S. and Chinese officials had their promised trade talks over the weekend, emerging on Monday morning with a significant reduction in tariffs for 90 days while negotiations continue. The 90-day pause is good news for many tech and photography companies, although it remains unclear how each will navigate the turbulent waters.
Many photographers and photography businesses have been feeling the impact of the Trump administration's 145% tariff on China. Ahead of a weekend meeting between top American and Chinese trade officials, President Trump has tossed around the idea of an 80% tariff on China.
Rode's parent company The Freedman Group announced that it has acquired Lectrosonics, a "globally renowned US manufacturer of professional wireless audio systems."
Sigma America announced that it will increase prices in the United States beginning June 2 due to tariffs.
As PetaPixel reported last week, Leica's prices are increasing in the United States thanks to tariffs. The scale of the price increase is, in some cases, extreme. Certain Leica products are nearly twice as expensive now.
Atomos CEO Jeromy Young is out, replaced by the company's COO Peter Barber, TVB Europe reports. Barber joined Atomos in February 2024 and is best known as the co-founder of Blackmagic Design, which he left in 2017.
President Trump's tariffs are having a significant impact on the photography industry. Heavy hitters like Leica have raised prices in the U.S. (and Canada), and Canon Inc. confirmed prices will increase on some of its products in response to tariffs, to name just a couple of examples. However, the exceptionally high (as much as 145 percent) tariffs on imports from China are having an extensive, unpredictable impact, even on companies that make their products in the United States, like Clever Supply Co.
US President Donald Trump has announced -- via a Sunday evening post on Truth Social -- that he is authorizing the institution of immediate 100% tariffs on all movies produced on foreign lands, calling them a national security threat.
Japanese photography retailer Map Camera just published its list of the best-selling cameras of the fiscal year 2024, which ended in Japan on March 31. The list covers camera sales from April 2024 through the end of March and, despite supply issues, the Fujifilm X100VI has sold like gangbusters.
Samsung says that United States tariffs could decrease the demand for its products, including smartphones and memory chips. During an earnings call, Samsung warned that political and economic uncertainties make predicting the company's financial performance very challenging.
Leica will increase the price of its products in the United States as a result of the blanket tariffs announced by President Donald Trump earlier this year. While this is an expected result stateside, it is having an adverse effect on cameras sold in Canada, too.
Sony is reportedly investigating whether it should spin-off its semiconductor business, which would make Sony Semiconductor Solutions (SSS) an independent business entity.
