You can do this in Photoshop. Start with square document, add background image on top of blue background, drop opacity of image down, add gradientmask on top of the image from black to transparent. Import/ place the TD Tasty Design letters in the center. Enable 3D on that layer to give it some bevel, or use perspective and use layer styles. Then mask the letters, fill it with another image or color, and add some lighting effects couple with a hard gradient that's really light on opacity (Soft light).
You can do this in so many different ways really.