The Ukrainian company Top Tech Photo produced another photo-editing web application with simple and easily memorable name - Edit, which allows users to work on photos taken in BMP, PNG and JPEG format. Although it has only basic options it is useful for quick editing of photos when you dont have some other powerful tool at available.

Adobe Systems has announced that they will pay $600 million to acquire company Neolane, which develops software platform for the management of digital marketing campaigns across multiple platforms.

Google didn’t wait long to respond to Facebook's purchase of popular photo service Instagram. They went out and bought Nik Software an Instagram rival. The terms of the deal are not still known but it is believed that Google's main target was Snapseed. This is a part of Nik Software that is responsible for photo editing and is currently available for iOS, PC, Mac but also with an Android version on the way. It was probably easier for Google to purchase the whole company rather than just one of their apps, so they keep the same team and get all of their products without any concerns about copyright or patent infringements.