On 10 April 2019, the world has seen the first-ever image of a supermassive black hole. Some people were staring in awe, some were complaining that the image took over their news feeds, and yet the others started making memes out of it. But Visual China Group (VCG) tried selling it on its website. Since the photo is under the Creative Commons license, this move caused a massive public outcry.
500px sold to Visual China Group, the “Getty of China”
Today, 500px has announced that they got fully acquired by Visual China Group (VCG), also known as the “Getty Images of China.” VCG was 500px’s lead investor in 2015, but as of today, they own 100% of the company’s shares.
Bill Gates sells image licensing company Corbis to Visual Group China
Seattle-based Corbis Corporation has announced that its massive collection of over 100 million images and 800,000 video clips has been sold to Visual China Group, a Chinese investment company whose majority owner is Getty Images.[Read More…]
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