In its earnings press release from yesterday (24th) Apple announced that Mountain Lion would be up on the App store today. So no big shock that the $19.99 update to the latest cat is now loose. Who can upgrade?

Today BlackMagic Design announced it has acquired Cintel, famous for its range of film and television scanning and restoration tools. The company was started by no less than television pioneer John Logie Baird!

We love demos of software where you get so see how real work was done on real jobs. In this two hour long demo we get exactly that from colorist Rob Bessette using DaVinci Resolve.

We didn't see this one coming. It was announced today (9th July) that Red Giant has acquired all of the products and the intellectual property of Singular Software.

Rather ironic that there are two stories here on FCP.co that feature the two big NLE's that ruled editing before Final Cut Pro was released. After looking at Avid's precarious situation, it was good to find Editshare have published 10 new video tutorials for Lightworks 11.

Today brought more news from Avid that things are not too rosy in Burlington Massachusetts for the one time pioneer of NLEs. They are selling off the consumer M-Audio brand and more incredibly their consumer editing apps including Avid Studio for the iPad.

What would have been a few busy days post LAFCPUG meeting turned out to be a quiet few days for FCPX news. Time for a game for a Friday, standby all you editors and colorists who think they are good with colour!

Hamburg Pro Media has launched MXF4mac Player which enables you to play a variety of MXF files in a Quicktime 7 style UI on your Mac.

Everybody loves Drobo, but they've been a bit quiet with new products recently and have been overtaken by other storage manufacturers. Things might change, they've just announced two new products, the 5D and the Mini.

If like us you didn't make WWC this year, you can watch the whole of the keynote presentation from Moscone West last Monday morning right here. You still won't see any new MacPros though!

A mix of excitement and disappointment after this year's Worldwide Developer Conference in San Francisco this year. The new MacBook Pro with a retina display running an updated Final Cut Pro looks gorgeous, but same form factor MacPros without Thunderbolt are a bit of a letdown.

We're not really the site for rumours, but we can't not mention that this Monday at the World Wide Developers Conference in San Francisco everybody is expecting new hardware. And yes that means new Mac Pros. (Hopefully!)