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Kaz Hirai's plans to save Sony have run from integrating its many disparate business units through to just selling off everything, even the stuff that's nailed down. Now, the company is getting rid of half of its stake in Olympus in the hope of raising some extra cash for "growth investments." Son...

April 1st 2015 at 11:31am 0 Comments
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After months of speculation about who would step in to save the scandal-ridden Olympus' rocky fortunes, Sony has finally opened up its checkbook. The two companies are entering into a "business and capital alliance," with Sony pumping in $650 million to its former rival. In exchange, it's gaining...

September 28th 2012 at 4:54am 0 Comments
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Beleaguered camera maker Olympus vows to shed around 2,700 jobs and heavily restructure its business following a major accounting scandal. That works out that around seven percent of its total global workforce will be cut, with Olympus also aiming to sell unused property and close its Philippines...

June 8th 2012 at 3:36am 0 Comments
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Move over, Canon, because scientists at the University of Lincoln have just seized the crown for world's biggest CMOS image sensor with their new Dynamic range Adjustable for Medical Imaging Technology microchip -- or 'DyNAMITe,' for short. Measuring a hefty 12.8 square cm (or about five square inc...

May 6th 2011 at 9:26am 0 Comments