Insta360. Keep on innovatin’. Camera makers no vision? Maybe they need to be 7-year-old startups. Our 2018 Visual 1st Best of Show Awards Winner, Insta360 launches the Go 2, a stabilized action camera that weighs less than 1(!) ounce: waterproof, replaceable lens, magnets to make it wearable or attachable, a Bluetooth-enabled charging case that doubles as a remote control, superb stabilization, and the lists goes on. Most impressively, this $299 beast uses the same 1/2.3" image sensor and F2.2 aperture as other Insta360 products. Watch it in action and being compared with the GoPro HERO 9 Black.

Photomyne. IPO. What’s it with all these past Best of Show Awards Winners? Congratulations to Photomyne, our 2017 winner, which has completed its IPO on the Tel Aviv Stock Exchange with a market cap of around $69M. With a push of a button, Photomyne’s apps let you scan your old photographs, photo slides or film negatives with your smartphone. Since its foundation in 2015, over 20M people worldwide have downloaded an app by Photomyne, and have converted over 230M photographs, photo slides, and film negatives into digital photos.

GoPro. Saving you from the abyss of your camera roll. It’s not always easy for camera vendors to do smartphone apps right – or to fully understand their strategic value, as we’ve also found in our upcoming DIY Video Tools report. GoPro definitely saw the strategic value and ponied out $105M to acquire 2 app developers back in 2006. Its newly rebranded Quick app is not only an app that offers GoPro camera control, but it also can function as storage repository of any photo or image residing on one’s smartphone (in CEO Nick Woodman’s words, “Saving you from the abyss of your camera roll”), while offering comprehensive photo and video editing features.

Kapwing. DIY: create your own NFT. Maybe you won’t get $69M for selling your first digital image, but now you can create and sell your first NFT (Non-Fungible-Token) with these step-by-step guidelines published by video app developer Kapwing. And why not sell what you’ve been teaching? Kapwing is now auctioning its original logo, also used as watermark on their free online video editor, as a 1 of 1 collectible token. You can bid here.

Facebook. Self-supervised learning. We’re not talking homeschooling during the pandemic, but self-supervised learning refers to Facebook’s newly announced breakthrough in building computer vision models with little or no need for humans to manually label datasets. The flipside: the new technology might require billions or trillions of neural connections or parameters – many more than a conventional image-recognition algorithm with comparable performance. So beef up on your computing powerband give all these Mechanical Turkers something else to do!

Google. Lowering Google Play app commission. Google announced that it will cut Google Play app store fees from 30% to 15% on the first million dollars a developer makes on Google’s store per year starting on July 1 (if they make more, the amount above $1M get the standard 30% commission). The move follows a similar decision from Apple in December.
Feeling sorry for Google an Apple? Nah… According to Sensor Tower, if the 15% fee schedule on revenue up to $1M had been in place on Google Play in 2020, Google would have missed out on $587M, or about 5% of Sensor Tower’s estimate of $11.6B in Google Play fees for the year.
If Apple’s program had been in place for 2020, Sensor Tower estimates that it would have missed out on $595M, or about 2.7% of its estimated $21.7B in App Store fees in 2020.

Adobe. Upsampling RAW images. Upsampling (increasing resolution after image capture) is nothing new (as developers like Let’s Enhance and Viesus have shown at Visual 1st), but Adobe’s new Super Resolution upsampling results in Adobe Camera Raw appear to be more than impressive. So print that old image at that poster size you always wanted!


Best,

Hans Hartman