Nokia Technologies has announced that it will be reducing its investments in VR due to “slower-than-expected development of the VR market,” and this means putting an end to its Ozo VR camera. While Nokia will fulfill its commitments to customers who have already purchased the camera, the company explains that it will not develop future versions of Ozo.
Nokia revealed the change of plans in a statement yesterday, in which the company also detailed a business restructuring plan that includes laying off up to 310 employees—a significant percentage of Nokia Technologies’ 1,090 worker base. These layoffs will primarily happen in the US, UK and Finland, and are part of a shift towards “digital health and brand and technology licensing.”
Presently, the Ozo+ camera is still listed as available in Nokia’s online store for $25,000 USD.
Nokia focuses on patent, brand and technology licensing and targets faster growth in digital health with sharpened strategy for Nokia Technologies
Increased focus on digital health and brand and technology licensing balanced with optimized investments in virtual reality
Planned changes expected to impact Nokia Technologies employees mainly in Finland, the US and the UK
Nokia’s successful patent licensing business is not in scope of planned changes
October 10, 2017
Espoo, Finland – Nokia today announced plans to sharpen the focus of Nokia Technologies on digital health, and accelerate growth in that market, while optimizing investments in virtual reality (VR). Nokia Technologies will also focus on growing brand and technology licensing while leaving its successful patent licensing business untouched.
The shift deepens Nokia’s commitment to fully leverage its digital health portfolio acquired through the purchase of Withings in 2016. Through a more focused, more agile digital health business, Nokia aims to have larger impact with consumers and the medical community.
In digital media, the → continue…
Premium British bag manufacturer Billingham has launched a new small shoulder bag called the Billingham 72, aimed at users of fixed lens premium cameras and those with small mirrorless bodies. The Billingham 72 features a new padding design that puts a double layer of high-density foam all around the body of the bag in a continuous form that leaves no spaces between the sides and the base.
Traditional Billingham canvas or FibreNyte finishes are available, both of which are weather, water and heat resistant for the entire life of the bag. All fittings are made from leather and brass, and a quick release catch allows easy access to the cover whether the bag is over the shoulder or attached to your belt.
The bag is available in a choice of five color combinations that will go on sale in the UK tomorrow for £100. Sales in the USA are expected to begin after Christmas.
For more information visit the Billingham website.
Small and perfectly formed. Billingham announces the ‘72′
High quality, lightweight, compact bag with dense foam padding offers outstanding protection for fixed prime lens and small system cameras
Designed for owners of fixed prime lens cameras and the growing range of small mirrorless and compact systems, Billingham has today announced the Billingham 72. The new, high quality, lightweight bag will be available to view and order for the first time at the Digital Splash 17 exhibition in Liverpool, 7-8 October.
The Billingham 72 will come in five colour combinations and will cost £100 inc. VAT:
- Sage FibreNyte & Chocolate Leather
- Khaki Canvas & Tan Leather
- Burgundy Canvas & Chocolate Leather
- Black Canvas & Tan Leather
- Black FibreNyte & Black Leather
At 150 x 130 x 190mm (WxDxH), the Billingham 72 is the ideal → continue…
GoPro’s pro-grade spherical camera has been in the works for a while now, but today Fusion gets its official debut today. It’s capable of 5.2K/30p and 3K/60p spherical video capture, in addition to 18MP spherical stills. It touts gimbal-like stabilization without a gimbal, and provides a feature GoPro calls OverCapture to create tradition fixed perspective video from 360-degree footage.
It’s not quite as rugged as its Hero siblings, but Fusion is waterproof to 5m/16ft. Wi-Fi and Bluetooth connectivity are included and the camera is compatible with the existing GoPro app. It’s up for pre-order now to US, UK, European and Canadian customers for $700.
Two of the biggest photography retailers in the UK are going to officially merge tomorrow. This marks the culmination of a process that was set in motion way back in March when Calumet owner (and former Bowens owner) Aurelius bought Wex Photographic and announced that the Calumet competitor would merge with its former adversary.
If you visit the Calumet UK website today, you’re greeted by the following message:
“From 26 September, Calumet Photographic Limited UK will be merging with Wex Photographic, offering an improved experience and wider range of products to photographers across the UK,” reads the statement. “Later this week, this website will be closed and moved to www.wexphotographic.com.”
The statement goes on to assure Calumet customers that there will be “minimal disruption” to service, and any outstanding pre-orders, back-orders, or vouchers will be honored under the new brand.
For more information about the merger and how it will (or won’t) affect customers, you can visit this FAQ page on the Wex Photographic website.