Compact News can display items from Joomla content or K2. It will find and auto resize the first image in your content. There is also a new resizing script included that allows you greater control over the image output. The new options are Fill, Fit, Stretch and Center.
You can customize this mod with many parameters. See them all below.
Q: Why doesn't Compact News take the image from the K2 image tab?
A: When creating this module we tried it both ways. In the end we decided to have the image be taken from the K2 content instead of the image tab because of the way K2 resizes the images. It uses PHP to resize and the script doesn't allow for transparency. It wll add a background color to transparent PNG files. Transparency is important in many cases, so we decided not to use the K2 image tab for the image source.