Photo sold for world record price

"The Pond-Moonlight", a photograph taken by Edward Steichen in 1904, was auctioned for $2.9 million (more than R17.5 million) at Sotheby`s in New York. This amount set a new sale record for the priciest photograph sold, reports BBC News. The image depicts a body of water, reflecting a woody background with light shining through trees.

There are two other copies of the image in existence, both in museum collections. The 41 x 48cm print was put up for sale by the Metropolitan Museum of Modern Art. Steichen was a pioneer in colour photography, and one of the first American photographers to experiment with the autochrome.

Eastman Kodak Company and Bibble Labs announced a cross-licensing and co-marketing agreement that will allow both companies to offer new, improved products to imaging professionals, Digital Photography Review states.

In accordance with the agreement, Bibble will be allowed access to Kodak`s ColorFlow colour management module and ColorFlow ICC Input API. Conversely, Bibble are licensing to Kodak their RAW format and conversion engine which will now enable Kodak to provide direct printing from RAW files for their labs.

The partnership will enable photographers to save their edited images in a RAW format, and have them printed as such at Kodak Labs. "Kodak and Bibble both bring to the table unique, powerful tools that are proven assets to imaging professionals," said John Bricklemyer, worldwide product manager, Pro Photographer Software, Eastman Kodak Company.

Nikon has announced a collaboration in the field of digital imaging software with American software developer, Nik Software, according to Digital Photography News and Reviews. The agreement will see the two companies combine their technology to secure a leading role in the digital imaging software industry.

The partnership anticipates the increasing importance of digital imaging software which will enable digital photographers to manage, enhance and process their images. The agreement will serve to further enhance a co-operative relationship that has existed between the two companies since 2004.