Archive for General

Photo Scanning Service, is it Really Necessary?

These days, many people seem to be using a photo scanning service to scan their old photos. To me, at first glance this seemed unnecessary. My thinking was, why would I pay someone to do something I can easily do myself, like scan photos to digital. But the more I look into it, it actually makes a lot of sense, especially for people that have hundreds or even thousands of old photos. To scan them all your self could take days, possibly even weeks, depending on the speed of your computer and your scanner.

With companies like Photobin offering scanning for as little as $0.10 per scan why not simply mail the photos into them and let them do the tedious work for you. Especially when you consider that for many, their old family photos, and photos of their kids growing up are so irreplaceable that if a tragedy such as a fire or theft were to occur it would be absolutely devastating. So, I guess to answer my own question, a photo scanning service is by no means necessary, but it can actually be very useful.

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Eastman Kodak To Raise Capital Through Senior Secured Notes

Eastman Kodak Co. (best known for its imaging and photographic materials and equipment) announced yesterday that it intends to raise up to US$700M through the sale of senior secured notes due in 2017. Private equity fund KKR & Co. has already committed to purchase US$400M of the debt offering.

However, Eastman Kodak’s stock price plummeted 11.23% to US$5.93 at the close of trade yesterday. Before KKR & Co.’s offer, investors were concerned about Eastman Kodak’s ability to fund the buyback without depleting cash revenues, however concerns now focus on the dilution of shareholder’s equity.

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Canon Hosting Workshops In National Parks

Loving the outdoor photo shoot? Canon has teamed up with all four U.S. national parks and conservationists for “Canon Photography in the Parks”. It’s a program that combines a competition with a series of free photography workshops at four national parks.

There are twice daily outdoor sessions hosted by professional photographers. These sessions give participants the opportunity to try a variety of Canon cameras and lenses. There are also indoor evening workshops that focus mainly on the technical aspects of photography equipment.

Sessions are currently being run at Yosemite (for all of June), then it’s on to the Grand Canyon in July and Yellowstone and Acadia in August. The workshops are designed to be useful both to amateurs and more advanced photographers, with the main idea being that those participating in the sessions will submit their photographs to the competition.

If you happen to be in the area of any of the national parks during these sessions, be sure to pop in.

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Nikon Announces Cuts

After recently reporting a profit of JPY 28.1B for the year ended March 31, 2009, Nikon Corp does not expect to be as fortunate the next time around. In addition to its forecast of a JPY 17B net loss for fiscal 2010, the camera maker announced that it will trim 1000 jobs from its global workforce of 4600, and put plans for future growth on hold. Nikon will also merge four of its Japanese manufacturing subsidiaries into two units in an effort to save a total of JPY 8B in fixed costs over the next three years.

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