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If the recent chapter in Olympus' history was a photo, it'd be a blurry thumb covering the subject's head. But, if reports from Nikkei are correct, it looks like the next one might be a happy family portrait. As suggested earlier this year, Sony is reportedly close to agreeing on a 50 billion yen...

June 23rd 2012 at 8:02am 0 Comments
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Wondering how this whole Olympus accounting scandal is gonna wrap up? Well, it might simply come to a close with a 200 million yen (about $2.5 million) fine. That's the seemingly tiny amount the Japanese SESC (Securities Exchange and Surveillance Commission) is recommending the company be fined. Ul...

April 13th 2012 at 10:27am 0 Comments
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Turns out Mass Effect 3 is controversial. Some people like its DLC, ending and storyline, some don't, and some want to see the entire BioWare team thrown into pools of mud and flogged for days to pay for the things they put in their own game. Franchise executive producer and director Casey Hudson s...

March 14th 2012 at 3:00pm 0 Comments
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Olympus's entire board handed in its resignation this week, but not before picking a new president and chairman to head up the scandal plagued imaging company. Hiroyuki Sasa, from its medical equipment marketing arm, has been named for the president spot, and Yasuyuki Kimoto, who served as an execu...

February 27th 2012 at 6:05pm 0 Comments
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Remember that super crazy Olympus accounting scandal we told you about a couple of weeks back? Yeah, well, it just got a lot crazier. The camera maker filed suit in Japan yesterday against its own president, Shuichi Takayama and 18 other past and present executives over the deal in which it worke...

January 9th 2012 at 11:30pm 0 Comments
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Eke. A nearly-century old outfit is currently giving up office space to Japanese prosecutors, who today moved in on Olympus' Tokyo facilities in a raid surrounding an ongoing accounting investigation. According to reports from The Wall Street Journal and Reuters, the scandal involves many billion...

December 20th 2011 at 10:37pm 0 Comments