Apple releases Final Cut Pro for iPad 2 and Final Cut Camera

by with No Comment Tech

Image Credits: Apple

Apple has released Final Cut Pro for iPad 2 and Final Cut Camera, the company announced on Thursday. Both apps were previously announced during the company’s iPad event in May. Apple also released updates for Final Cut Pro for Mac.

The iPad version has been updated with capabilities that are designed to take advantage of the new iPad Pro with an M4 chip. Apple says the new chip enables up to 2x faster rendering and supports up to 4x more streams of ProRes RAW compared to the M1. 

Final Cut Pro for iPad 2 is launching with a new “Live Multicam” feature that lets users wirelessly connect and preview up to four cameras at once. Users will have a director’s view of each camera, along with manual control of their settings using the new Final Cut Camera app. The new companion app lets users connect multiple iPhones or iPads. Final Cut Pro automatically transfers and syncs each Live Multicam angle so you can seamlessly move from production to editing.

Final Cut Camera powers Live Multicam and can also be used as a standalone recording app on iPhone and iPad. It lets users adjust settings like manual focus, shutter speed, ISO, focus peaking, grid overlays and more.

Final Cut Pro for iPad 2 also includes a highly requested feature, which is support for external projects. Users can now create new projects or open an existing project without taking up internal storage space.

As for Final Cut Pro for Mac 10.8, users will get access to new AI features. A new “Enhance Light and Color” feature will automatically adjust video for color correction, while a new “Smooth Slo-Mo” will blend video frames for enhanced movement.

Final Cut Pro for iPad 2 and Final Cut Pro for Mac 10.8 are now available as free updates for existing users. For new users, Final Cut Pro for iPad 2 is available for $4.99 per month or $49 per year. Final Cut Pro for Mac 10.8 is available on the Mac App Store for $299.99.

Apple releases Final Cut Pro for iPad 2 and Final Cut Camera

by with No Comment Tech

Image Credits: Apple

Apple has released Final Cut Pro for iPad 2 and Final Cut Camera, the company announced on Thursday. Both apps were previously announced during the company’s iPad event in May. Apple also released updates for Final Cut Pro for Mac.

The iPad version has been updated with capabilities that are designed to take advantage of the new iPad Pro with an M4 chip. Apple says the new chip enables up to 2x faster rendering and supports up to 4x more streams of ProRes RAW compared to the M1. 

Final Cut Pro for iPad 2 is launching with a new “Live Multicam” feature that lets users wirelessly connect and preview up to four cameras at once. Users will have a director’s view of each camera, along with manual control of their settings using the new Final Cut Camera app. The new companion app lets users connect multiple iPhones or iPads. Final Cut Pro automatically transfers and syncs each Live Multicam angle so you can seamlessly move from production to editing.

Final Cut Camera powers Live Multicam and can also be used as a standalone recording app on iPhone and iPad. It lets users adjust settings like manual focus, shutter speed, ISO, focus peaking, grid overlays and more.

Final Cut Pro for iPad 2 also includes a highly requested feature, which is support for external projects. Users can now create new projects or open an existing project without taking up internal storage space.

As for Final Cut Pro for Mac 10.8, users will get access to new AI features. A new “Enhance Light and Color” feature will automatically adjust video for color correction, while a new “Smooth Slo-Mo” will blend video frames for enhanced movement.

Final Cut Pro for iPad 2 and Final Cut Pro for Mac 10.8 are now available as free updates for existing users. For new users, Final Cut Pro for iPad 2 is available for $4.99 per month or $49 per year. Final Cut Pro for Mac 10.8 is available on the Mac App Store for $299.99.

Apple releases Final Cut Pro for iPad 2 and Final Cut Camera

by with No Comment Tech

Image Credits: Apple

Apple has released Final Cut Pro for iPad 2 and Final Cut Camera, the company announced on Thursday. Both apps were previously announced during the company’s iPad event in May. Apple also released updates for Final Cut Pro for Mac.

The iPad version has been updated with capabilities that are designed to take advantage of the new iPad Pro with an M4 chip. Apple says the new chip enables up to 2x faster rendering and supports up to 4x more streams of ProRes RAW compared to the M1. 

Final Cut Pro for iPad 2 is launching with a new “Live Multicam” feature that lets users wireless connect and preview up to four cameras at once. Users will have a director’s view of each camera, along with manual control of their settings using the new Final Cut Camera app. The new companion app lets users connect multiple iPhones or iPads. Final Cut Pro automatically transfers and syncs each Live Multicam angle so you can seamlessly move from production to editing.

Final Cut Camera powers Live Multicam and can also be used as a standalone recording app on iPhone and iPad. It lets users adjust settings like manual focus, shutter speed, ISO, focus peaking, grid overlays, and more.

Final Cut Pro for iPad 2 also includes a highly-requested feature, which is support for external projects. Users can now create new projects or open an existing project without taking up internal storage space.

As for Final Cut Pro for Mac 10.8, users will get access to new AI features. A new “Enhance Light and Color” feature will automatically adjust video for color correction, while a new “Smooth Slo-Mo” will blend video frames for enhanced movement.

Final Cut Pro for iPad 2 and Final Cut Pro for Mac 10.8 are now available as free updates for existing users. For new users, Final Cut Pro for iPad 2 is available for $4.99 per month or $49 per year. Final Cut Pro for Mac 10.8 is available on the Mac App Store for $299.99.

eBay Inc. signage is displayed at the entrance to the company's headquarters in San Jose, California,

eBay plans to cut 1,000 jobs because it couldn't grow enough

by with No Comment Tech

eBay Inc. signage is displayed at the entrance to the company's headquarters in San Jose, California,

Image Credits: David Paul Morris/Bloomberg / Getty Images

E-commerce company eBay said today that it plans to let go of 1,000 employees or around 9% of its workforce due to the ongoing economic conditions. The company said in a blog post that it also plans to cut contract roles in the coming months.

The company’s CEO Jamie Iannone admitted that the company hired fast, but it didn’t grow enough to justify the headcount.

“Despite facing external pressures, like the challenging macroeconomic environment, we know we can be better with the factors we control. While we are making progress against our strategy, our overall headcount and expenses have outpaced the growth of our business,” Iannone said in a note sent to employees on Tuesday.

“To address this, we’re implementing organizational changes that align and consolidate certain teams to improve the end-to-end experience, and better meet the needs of our customers around the world.”

The company joins a number of other organizations, including Google, Amazon (including Twitch and Audible), Discord, Duolingo, Pixar, and Unity announcing job cuts in January 2024.

In Q3 2023, eBay registered $2.5 billion in revenue and $1.3 billion in profits. However, the company gave a weak Q4 guidance, as it believed consumer spending was on a downward trajectory. The company also earned $2.2 billion by selling its equity in online ad business Adevinta to Permira and Blackstone last year. In July, the e-commerce company acquired Certilogo, which provides digital IDs to apparel. eBay is set to disclose its Q4 earnings next month.

The company has been embroiled in a few controversies of late. Earlier this month, it agreed to pay $3 million in a corporate cyberstalking case of a U.S.-based couple. Last September, the Department of Justice accused the e-tailer of selling products that could harm the environment and public health.

man in Swiggy shirt crossing heavily traffic on street

India's Swiggy to cut another 400 jobs amid IPO push

by with No Comment Tech

man in Swiggy shirt crossing heavily traffic on street

Image Credits: Indranil Aditya / NurPhoto / Getty Images

Indian food delivery startup Swiggy is cutting about 400 jobs, or nearly 7% of its workforce, as the startup seeks to bring further improvements to its finances ahead of a planned IPO later this year.

This is the second round of layoffs at the Bengaluru-headquartered startup, which cut just as many jobs early last year.

The move comes as Swiggy attempts to further improve its finances. Though its food delivery business has been profitable for several quarters, the startup is not profitable at a group level. Zomato, Swiggy’s chief rival, became profitable last year.

Investment bankers and mutual fund investors hold the view that Swiggy, valued at $10.7 billion in its most recent funding round, will be very closely compared to Zomato by retail investors at the time of listing and needs to beat the older rival on many metrics if it desires a good valuation.

Swiggy didn’t respond to a request for comment. Indian newspaper ET first reported the layoff.

Zomato and Swiggy lead the Indian food delivery market, but in recent quarters Zomato has expanded its market share lead, according to UBS and AllianceBernstein. Zomato held over 60% of the Indian food delivery market, based on app user count, AllianceBernstein said in a note Wednesday.

Data/Image Credits: AllianceBernstein

“Post covid, Zomato has grown faster than Swiggy — both from a user base & GMV perspective driven by strong execution, wider penetration (Zomato is present in 750+ cities as compared to ~600 cities for Swiggy) and stronger content funnel,” AllianceBernstein analysts wrote.

“In the past three months, Zomato has incrementally gained ~100bps in market share in terms of monthly active users (MAUs). From a GMV perspective, Zomato holds ~54% share in food delivery as compared to Swiggy at 46% as of 1HCY23, Zomato’s food delivery GMV stood at $1.7Bn as compared to Swiggy’s $1.4Bn. Zomato has been a gainer in Tier 2+ cities as well as some Tier 1 cities — which has led to a higher MAU base for Zomato. Zomato had 58Mn annual transacting users in CY22, with food delivery segment exhibiting18.4Mn MTUs in Q2FY24.”