Japan's trade agreement with the United States includes an increase from the current 10% tariff to a new 15% tariff, and while both Canon and Fujifilm have either already raised prices or are planning to, Sigma says that it intends to absorb the 5% internally. [Read More]
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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.
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. [Read More]
The DJI Osmo Pocket 3 has been one of DJI's most successful products. Since its launch in 2023, it has become the de facto vlogging camera the world over. But due to US President Donald Trump's economic trade policy, the once $519 camera now costs $800 -- if you can find one. [Read More]
This month, China issued sanctions against drone maker Skydio, the largest drone maker in the US, because it sells its products to Taiwan. Skydio can no longer acquire the batteries it needs to serve its customers globally. [Read More]
Meta's Mark Zuckerberg says that NFTs are "hopefully" coming to Instagram in the next few months. Additionally, he said that the company plans to allow users to mint them within the application. [Read More]
Meta is reportedly exploring how it can allow users to create, showcase, and sell NFTs on Instagram as well as Facebook. NFTs have been growing in popular culture over the last year and Meta's support would be a large indication they're here to stay. [Read More]