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RED Roadmap... | Jannard | REDUser
Announcing things only when they are done is so last week. So this week, RED announced a road map, of things that are coming, including "Surprise #1" and "Surprise #2."



Change of name for Epic Picture Style | Cinescopophilia
Speaking of RED, a few days ago, Cinescopophilia reported on the Epic Picture Style for Canon DSLRs. It seems RED has sent the developers a cease and desist letter, claiming all rights to the term "Epic," so the new picture style is now going to be called CINEMA.
Oddly enough, at the time, I first thought it was a Picture Style designed to match images from the RED camera, though reading of the article revealed that it's designed to emulate Kodak Ektachrome.



End of STORM | The Foundry
The Foundry has announced that they have discontinued development of STORM due to RED's own REDCINE-X PRO. STORM was a tool designed for on-set evaluation, prepping and auditioning of clips and offered scopes and other tools for checking exposure, focus, color, audio, sync and editorial content. It compared well with REDCINE-X, but the Pro version evidently makes it mostly irrelevant.



Adobe Acquires IRIDAS Technology | Adobe
Unfortunately, I'm not familiar with IRIDAS or their products, which include SpeedGrade, "an award-winning toolset for Stereo 3D, RAW processing, color grading and finishing of digital content," but the addition of grading technology to Adobe's suite of video editing tools seems to make sense.



Adobe’s video tools boast 45% growth on the Mac, thanks to Final Cut X | Jim Dalrymple | The Loop
And speaking of Adobe, it seems that they've been doing very well this year.



Apple preparing Logic Pro X, working to avoid Final Cut X backlash
| Daniel Eran Dilger | AppleInsider
Speaking of Final Cut Pro X, Apple is reportedly working on an update to Logic Pro X, and supposedly they are going to avoid the problems of FCPX by not making it look like GarageBand.

Though I'm not a Logic user, I was interested in this note:
SoundTrack Pro 3, formerly included in both Final Cut Studio and Logic Studio as a tool for synching background audio to video, is reported to have a replacement but the report has not filled in any details regarding that program. The new app will likely be added to the Mac App Store alongside Final Cut Pro X, Logic Pro X, MainStage and the existing Aperture.
Prior to the release of Final Cut Pro X, one source said that they had seen the next release of SoundTrack Pro, so it was a bit of a shock when it wasn't rolled out with the other Final Cut Pro X applications. Maybe it had just been held back...



Sony announces a 4K projector for the home, prices HMZ-T1 3D head mounted display in the US | Richard Lawler | Engadget
With 2,000 ANSI-lumens of brightness, the VPL-VW1000ES projector delivers nearly twice the output of previous Sony home theater projectors, making it suitable for screen sizes up to 200 inches diagonally. The VW1000ES model also employs an entirely new SXRD 4K panel, which produces outstanding deep black levels, and the projector can achieve a 1,000,000:1 dynamic contrast.

It will be priced at $3,699.99
And I just bought a new HD TV a couple of months ago :(

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