Oh, 3D glasses stuff. There's actually a free software program that does it from a single image - I have it on my back up drive but can't remember the name of it, so just google until you find it. I fiddled with it, but didn't take it seriously. It works by a subtle distortion to the left and right edges the same as a 3D converter in televisions.
As for cutting out the image to put it on a black background - you use the smart selection tool to select just the object you want, which depending on complexity can be a little time consuming, but once you have it select inverse and fill with black, or copy it and paste it into a black image.
(Thei in-camera 3D is a grid guide to show the 3 inches from left or right in which to take the second shot, unless they're using the converter method)