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Olympus reveals silver OM-D E-M1, incoming firmware update

09/16, 9:28am

OM-D E-M1 update adds USB tethering, extra shooting options

Olympus has revealed two changes to the OM-D E-M1 it launched last year. The company is releasing a silver-colored version of the professional-grade camera, with a pre-installed firmware upgrade which adds a number of changes to the device's software, as well as enabling more functionality from within its companion smartphone app.

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Olympus adds selfie-friendly display to Pen E-PL7 16MP camera

08/28, 5:41am

Pen E-PL7 display flips 180 degrees, includes automatic selfie-optimized mode

The latest in the Olympus Pen Micro Four Thirds camera line has been revealed as a shooter that caters itself to selfie photography. The PEN E-PL7 features a 3-inch 1.04 million-dot touch-enabled display on the back capable of flipping 180 degrees downwards, an action which triggers a "Selfie Mode" that optimizes settings for self portraits.

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Olympus reveals Stylus SH-1, Tough TG-3 cameras with 16MP sensors

03/31, 7:27am

Pair of compact cameras launching in May, June for $350, $400

Olympus has unveiled a pair of compact digital cameras. The Stylus SH-1 point-and-shoot camera uses a similar five-axis image stabilization system to the one employed by the E-M1 and others, while the Stylus Tough TG-3 is a ruggedized shooter that is able to alter the photographs it takes thanks to the use of screw-on lens attachments.

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Olympus adds SP-100 super zoom, ruggedized TG-850 to Stylus range

01/29, 6:26am

Dot-sight for tracking moving subjects, ruggedness touted in new Olympus cameras

At the same time as launching the OM-D E-M10, Olympus has unveiled two more cameras it will also ship in March. The Stylus SP-100EE is a super zoom camera with a dot-sight for subject tracking, while the Stylus TG-850 is a ruggedized, waterproof compact camera with a 180-degree flipping LCD monitor for simpler self portraits and more shooting options.

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Olympus launches $700 OM-D E-M10 16MP mirrorless camera

01/29, 5:18am

Five-axis image stabilization replaced by three-axis version in OM-D E-M10

Olympus has added to the OM-D camera collection with another mirrorless Micro Four Thirds snapper. The E-M10 takes after the E-M5 in terms of its appearance, but it manages to shrink down into a more compact body, and though it could be considered the entry-level camera of the OM-D range, it still manages to add in a few features its two-year-old stablemate does not have.

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Olympus launches Stylus 1 compact camera for DSLR users

10/29, 5:23am

Uses same 12MP CMOS sensor as XZ-2, uses 28-300mm zoom lens

Olympus has launched a new camera designed to appeal to DSLR users wanting a compact second camera. The Stylus 1 premium compact houses a 12-megapixel 1/1,7-inch BSI CMOS sensor, the same one found in last year's XZ-2, assisted by the TruePic VI image processor, and a 28-300mm f/2.8 I.ZUIKO zoom lens that can retract fully into the body and behind an automatic lens cap.

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Olympus shipping OMD E-M1 Micro Four Thirds camera in October

09/10, 6:23am

Weather-sealed camera automatically adjusts sharpness for each lens

Olympus has launched a new flagship Micro Four Thirds camera, one that leaked early last month. The OMD E-M1, claimed by the camera maker to be the successor to the Olympus E-5, uses a 16.3-megapixel Live MOS sensor combined with a new TruePic VII image processor for noise reduction at high ISOs, and a new Fine Detail Processing II engine for configuring the appropriate sharpness for individual lenses and reducing video compression artifacts.

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Olympus EM-1 Micro Four Thirds camera specifications, diagram leak

08/09, 11:25am

Said to use 16MP sensor, DSLR grip, 2.3M-dot electronic viewfinder

Camera maker Olympus is close to releasing an unannounced Compact System Camera, according to a leaked specifications list and diagram. Weighing 16 ounces, the Olympus EM-1 is said to have a 16-megapixel sensor with 81 autofocus points and a Micro Four Thirds mount, built-in Wi-Fi connectivity, and a DSLR-style grip on the side.

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Three former Olympus executives avoid jail time for $1.7Bn fraud

07/03, 5:49am

Inheritance of fraud from previous company heads caused lower sentences

Former bosses at Olympus have avoided going to prison over the $1.7 billion accounting fraud scandal. Tsuyoshi Kikukawa, a previous chairman at the camera company, and auditing officer Hideo Yamada received three year sentences that are suspended for five years, while executive vice president Hisashi Mori was handed sentence for two and a half years, suspended for three.

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Olympus shipping Pen E-P5 this month with 16MP sensor, retro design

05/10, 7:19am

Micro Four Thirds camera celebrates 50th anniversary of Pen F

Olympus has officially announced its Pen E-P5 Micro Four Thirds camera, one leaked earlier this month. Designed to look like the Pen F to mark its 50th anniversary, the Pen E-P5 boasts a string of thoroughly-modern components within its retro styling, including a 16-megapixel TruePic VI Live MOS sensor and a 1.04 million dot tilting LCD touchscreen on the rear.

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Leaked images of Olympus Pen E-P5 accompanied by specifications list

05/01, 1:48pm

Sources suggest E-P5 to be announced on May 9th, 10th

Images for an upcoming mirrorless camera from Olympus have leaked online. The shots of the PEN E-P5 camera have also been supplemented by a separate leak describing its specifications, including its 16-megapixel sensor being similar to the E-M5, and improvements made to its autofocus and five-axis stabilization.

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Sony tips $645 million into Olympus medical imaging deal

09/28, 8:13am

Sony and Olympus partner on new medical imaging technologies

Sony and Olympus have entered into a partnership (pdf) with Sony investing $645 million in the scandal-wracked Olympus Corporation. The new ‘business alliance and capital alliance’ will see Sony seek to gain a foothold in the medical imaging segment currently dominated by Olympus, which supplies most of the world’s endoscopes. Olympus was forced into looking for partners after the biggest corporate accounting scandal in Japanese history revealed that the company was short of operating cash.

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Olympus unveils XZ-2 flagship point-and-shoot

09/17, 10:44am

Camera builds upon the XZ-1

Olympus has introduced a new flagship point-and-shoot, the XZ-2, that serves as a successor to the existing XZ-1. The new camera integrates the same f1.8-2.5 lens as its predecessor, but adds a new 12-megapixel 1/1.7-inch backside-illuminated CMOS sensor and the same image processor as the company's OM-D E-M5 Micro Four Thirds camera.

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Olympus intros PEN E-PL5, E-PM2, new MFT lenses

09/17, 9:56am

OM-D bodies continue to shrink

Olympus has introduced several products, including two PEN mirrorless cameras, a Micro Four Thirds macro lens, a body cap lens and a new color option for an existing lens. The PEN E-PL5 and E-PM2 represent the evolution of the company's compact system cameras, utilizing the same 16.1-megapixel OM-D sensor and TruePic VI processing engine as the E-M5 but in smaller bodies characteristic of the PEN series.

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Images, specs of Olympus E-PL5, E-PM2 leak ahead of debut

09/14, 10:23am

Two Olympus interchangeable lens cameras show with 16-megapixel sensor

Before Olympus could do it, the images and specs of two upcoming interchangeable-lens compact cameras from the company have been leaked online. The E-PL5 and E-PM2 are mirrorless and both will reportedly share the same 16-megapixel micro four thirds sensor as the one found in the OM-D E-M5 camera. Both will also reportedly share the TruePic VI image engine and a touchscreen that will incorporate a touch AF shutter, DigiCam learned.

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Olympus adds mid-range compact cameras to catalog

08/23, 11:36am

Pet Modes, 3D photography and binoculars make appearances

Camera manufacturer Olympus has listed more cameras and a package it intends to release over the coming months. The Olympus SZ-14 DX "Big Telephoto Set" is a combined camera and binoculars bundle, where the SZ-14 camera with 24x optical zoom, multi-motion supported image stabilization and face detection is joined by the 8-21RCII binoculars with 8x magnification.

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Olympus shows colorful low-range camera releases

08/23, 11:10am

Options include camera for underwater filming

Olympus has shown off its low-range compact camera releases for the next few months. Coming out in three colors for each model, the collection includes a toughened and waterproof option, variations in resolution and zoom, and an image processing system with a number of filters usable for both still images and capturing video.

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Olympus reveals wearable display prototype

07/05, 8:56am

Olympus shows Google Glass challenger

Trying to push its accounting scandal behind it, Olympus has revealed an intriguing challenger to Google’s Project Glass. The MEG4.0 is a glasses-mounted head-up display that uses Bluetooth connectivity to pair with smartphones. The glasses use an Olympus ‘proprietary optical technology’ to both display images as well as give the user a clear view of their surroundings.

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Panasonic denies reports it is investing $632m into Olympus

06/08, 10:09am

Panasonic isn't investing in Olympus: President

Panasonic President Fumio Ohtsubo has gone on record to say that his company isn't planning on investing into ailing Olympus with some $632m in funds, denying a recent report. The original news came from the Kyodo news agency on Wednesday, citing unnamed sources. According to the latest Reuters story, Ohtsubo not only denied the report, but also confirmed there are no plans by Panasonic to invest into Olympus.

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Olympus settles with ex-CEO before employment tribunal

05/29, 9:05am

Ex-CEO Woodford agrees settlement ahead of whistle-blowing trial

Olympus ex-CEO Olympus Michael Woodford has agreed to a settlement with his former employer. An employment tribunal due to run in London this week would have seen Woodford asking for 10 years pay as compensation for being fired from the camera maker, after he emerged as a whistle blower on $1.7 billion in fraudulent accounting practices over a 20-year period. According to Reuters, the undisclosed settlement is expected to be less than the $60 million originally believed to be requested.

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Olympus launches 75mm f1.8 Micro Four Thirds lens

05/26, 6:45pm

Micro Four Thirds lens boasts 150mm-equivalent field of view

Olympus has outed the M.Zuiko Digital ED 75mm f1.8 lens for its line of Micro Four Thirds cameras. The single focal-length lens boasts a 150mm-equivalent field of view, an all-metal construction, and a f1.8 aperture into a body only 2.7 inches long. Olympus sees the lens as designed for studio, stage, and portrait photography as well as for HD filmmaking.

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Olympus to be fined $2.5m by Japan's FSA over scandal

04/13, 1:00pm

Japan's FSA due to issue $2.5m fine to Olympus

Japan's Financial Services Agency (FSA) which overseas the country's markets, has recommended to fine Olympus nearly 200 million yen (about $2.5 million) for engaging in illegal accounting practices. The scandal is the biggest in Japan's corporate history. The company and six executives were criminally charged in March in the $1.7 billion fraud.

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Olympus OM-D starts shipping worldwide

04/12, 8:05pm

US availability follows Japan launch

As promised, Olympus has begun shipping its first OM-D camera in the US and other markets. The E-M5, a mirrorless camera that takes advantage of the Micro Four Thirds interchangeable lens system, initially arrived late last month, however the first run was limited to Japan.

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Lensbaby ships Composer Pro for mirrorless cameras

04/02, 8:15pm

Device provides isolated special effects

Lensbaby has begun shipping its Composer Pro special effects attachment for mirrorless, interchangeable lens cameras. With it, a photographer can reproduce tilt-shift or another specific effect without having to turn to a full DSLR. The Composer Pro works with Panasonic and Olympus Micro Four Thirds cameras, Sony's NEX line, and Samsung NX cameras.

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Panel says Ernst & Young didn't fuel Olympus scandal

03/29, 4:10pm

Legally absolved, but told should be more vigilant

An independent panel has determined that Ernst & Young was not accountable for any misrepresentation or legal lapses in how the firm audited Olympus's books in the face of the digital imaging company's $1.7 billion financial scandal. The panel had been commissioned by the accounting firm in December to take an independent look at how the accounting firm oversaw Olympus's financial reporting practices over several years while Olympus's executives were allegedly engaged in financial misconduct. A separate panel commissioned by Olympus had also cleared Ernst & Young, as well as KPMG, which had been the company's accountant until 2009.

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Olympus confirms OM-D E-M5 shipping March 31

02/29, 10:45am

Camera will hit Asia first, US markets in April

Olympus has confirmed that it will ship its new Micro Four Thirds OM-D camera beginning March 31 in Japan. The OM-D E-M5 will be available in US markets beginning April 10 and is available for preorder now. The E-M5 is the first in Olympus' OM-D line. The E-M5 is a a mirrorless interchangeable lens camera that borrows its retro style from the classic OM-4 film camera.

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Olympus board resigns after naming new CEO and board chair

02/27, 11:30am

Olympus medical equipment exec will be new CEO

At its meeting on Monday, the entire board of directors at Olympus has resigned. As its last act, the the board named Hiroyuki Sasa, 56, as its next president. Former Sumitomo Mitsui Banking Corp. executive Yasuyuki Kimoto, 63, was also selected to be the new board chairman. The appointments will require shareholder approval at a special meeting scheduled for April 20.

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Olympus may pick insider as president following scandal

02/20, 7:30pm

Internal choice comes in wake of $1.7b fraud

Scandal ravaged Olympus will appoint an insider, Hiroyuki Sasa, as its next president. The appointment, reported by Nikkei [sub. required], will be effective April 20, and comes in the wake of the resignation of its former president, Shuichi Takayama, who took responsibility for the company's $1.7 billion accounting fraud and subsequent cover-up. Earlier this month, seven former Olympus executives and their investment advisers were arrested for violations related to the fraud.

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Canon APS-C lens patent surfaces, mirrorless cam to follow?

02/20, 3:40pm

Canon lens patent confirms mirrorless camera due

A new patent application found online on Monday has lent strong support to the belief Canon is working on a mirrorless, interchangeable lens camera. The patent is for an 18-45mm f3.5-5.6 kit lens explicitly meant for APS-C mirrorless cameras. Allowing for the crop factor, the lens is equivalent to 29-70mm if it were full-frame.

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Ex-Olympus President, other execs, bankers arrested

02/16, 4:50am

Olympus account fraud results in multiple arrests

Former Olympus President Tsuyoshi Kikukawa, former Executive Vice President Hisashi Mori and former auditor Hideo Yamada have been arrested in the wake of the company’s massive $1.7 billion accounting fraud scandal. Reuters reports that Japanese authorities arrested the trio on the grounds that they may have violated Japan’s Financial Instruments and Exchange Law. Officials also took former bankers Akio Nakagawa and Nobumasa Yokoo into custody, and two others for their role in the cover-up.

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Olympus to post higher-than-expected $412m annual loss

02/13, 11:30am

Olympus looking for partner, will post high loss

When its fiscal year ends in March, Japanese camera maker Olympus is expected to post a 32 billion yen net loss (about $412 million), BusinessWeek reported on Monday. This is worse than analysts expected and largely due to writing off equipment in the Thailand factory floods that affected camera and hard drive makers alike. Company president Shuichi Takayama said Olympus may want to find a partner in order to boost capital.

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Nielsen: Samsung ad forgotten by most Super Bowl viewers

02/08, 12:35pm

Samsung Galaxy Note ad out of top 10 for most

Samsung's Super Bowl ad for the Galaxy Note may have been one of the costliest mistakes in advertising in recent memory, based on new Nielsen data from the event. The Android phone's commercial appeared neither in the top 10 most-remembered ads of the football game nor the top 10 most-liked among Nielsen's nearly 12,000-person panel. Instead, the only technology picks went to E*Trade and to GoDaddy, whose flip-flop on SOPA still left it with the ninth most memorable spot.

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Olympus OM-D official with retro pro looks, 9FPS shooting

02/07, 9:00pm

Olympus OM-D boosts MFT pro credentials

Olympus ended rumors Tuesday by trotting out its highest-end Micro Four Thirds camera to date. The OM-D is consciously styled after the classic OM-4 film camera but, in place of the mirrors and optical viewfinder, has a 1.44-megapixel electronic viewfinder instead. It's billed as one of the few mirrorless interchangeable lens cameras to have its EVF in a more natural position above the lens, rather than at the corner on a camera such as the Sony NEX-7.

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Olympus adds SZ-31MR ultrazoom compact, tougher TG-820

02/07, 9:00pm

Olympus SZ-31MR and Tough TG-820 arrive

Olympus brought out two specialized point-and-shoot cameras ahead of the CP+ show. Leading off is the SZ-31MR, one of the longest-ranged compact ultrazoom cameras with a 24X (25-600mm equivalent) lens. The camera makes up for the blur likely at the far end of its zoom both by using a 16-megapixel, backside-illuminated CMOS sensor and two previous-generation TruePic V chips that give it better low-light performance on top of improving camera speed and image processing.

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DealNN roundup: refurb. Olympus Digital Camera, now $69

02/07, 12:15pm

Deals on cameras, printers, and more

Today's deals from DealNN include discounted cameras, printers, and more. Ecost.com has recently lowered the price of the refurbished Olympus 14MP Digital Camera, complete with 3-inch LCD display, 5x optical zoom, 4x digital zoom, HD movie mode, and SD/SDHC memory card slot. Currently featured at DealNN, this camera has now dropped to $69.99 in price and offers savings of up to $110.

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Ex-Olympus CEO Woodford expects more revelations

02/06, 7:00am

Official investigations to dig up more dirt

Ex-Olympus CEO turned whistleblower Michael Woodford expects that official investigations into the massive $1.7 billion financial scandal will yield further damaging revelations, reports Reuters. Although Olympus tooks steps to have a third-party investigate the 13-year investment losses long cover-up, Woodford expects that Japanese, British and US law enforcement agencies will dig up more dirt ahead of an extraordinary shareholding meeting scheduled for April 20. The news comes at a time when Olympus may be set to enter into a new alliance with Panasonic and Samsung.

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Olympus OM-D leaks early at Amazon Japan

02/04, 5:05pm

Olympus OM-D shows face early

The Olympus OM-D had some of its details spoiled after Amazon Japan (cached) briefly posted a product page with photos. True to form, the Micro Four Thirds camera will be a tribute to the OM-4 with the retro look and tall box above the lens. Instead of a mirror system, though, this space would have the rumored 1.44-megapixel electronic viewfinder, putting it in a more natural position than the corner position on other mirrorless digital cameras.

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Apple posts Mac OS X 10.7.3 with new languages, RAW

02/01, 4:40pm

Apple takes Mac OS X 10.7.3 live

Apple on Wednesday afternoon posted Mac OS X 10.7.3 (release notes). The Lion upgrade adds several languages, including Catalan for Spaniards as well as Croatian, Greek, Hebrew, Romanian, Slovak, Thai, and Ukrainian. RAW photo compatibility has expanded to several new cameras, including the Nikon J1 and V1, Olympus' current PEN cameras, and current Sony Alpha and NEX cameras, such as the NEX-5N.

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Panasonic and Samsung pursuing alliance with Olympus?

01/31, 9:55pm

Leak corroborates earlier reports

Both Panasonic and Samsung are reportedly engaged in talks that may lead to a financial partnership with Olympus. Details posted in the Mainichi newspaper corroborate earlier leaks surrounding a potential deal with Samsung, while also pointing to separate negotiations with Panasonic and another Japanese company.

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Sigma founder Michihiro Yamaki dies

01/27, 2:35pm

Sigma founder, CEO passes away at 78

CEO of camera and lens maker Sigma, sadly, has passed away. The 78-year-old Michihiro Yamaki succumbed in Tokyo, Japan on January 18 after a fight with liver cancer. Yamaki founded the company in 1961 and was heading up the company up to 2011, on its 50th anniversary.

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Kenko Tokina, Tamron to start on Micro Four Thirds lenses

01/26, 11:30am

Japan's Astrodesign also joins the standard

Two Japanese camera lens manufacturers have signed onto the Micro Four Thirds standard pioneered by Olympus and Panasonic. They include Kenko Tokina and Tamron, while a third Japanese company, Astrodesign, has also jumped onboard, though it makes video measuring equipment and not lenses. This should give those how have bought into the new type of camera, which allows for interchangeable lenses on digital camera bodies that are smaller than DSLRs, more options for lenses.

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Olympus close to finalizing huge deal with Sony: report

01/23, 2:20pm

Olympus turns to Sony for help in alliance

Olympus and Sony are nearly ready to make a large-scale pact, Japanese business periodical Diamond Weekly reported. No specifics were known, but Olympus was believed to be hosting a news conference later this week that should have some details. The unofficial source also said the alliance would be voted on by a dedicated shareholder's meeting in April.

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Olympus to face fine, stay on stock market

01/21, 2:05am

Olympus barely avoids stock disaster post-scandal

Olympus on Friday narrowly avoided additional threats of possible delisting from the Tokyo Stock Exchange. Officials at the trading house said they would let Olympus stay after the $1.7 billion concealment scandal but would make it pay a relatively mild fine of 10 million yen, or about $129,800. The light penalty was based on the belief that just a handful of staffers had been responsible for hiding Olympus' losses and that the core of the company was safe.

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First image of Olympus OM-D camera leaked

01/20, 4:30pm

Olympus OM-D image shows quality finish

The upcoming Olympus OM-D camera, due for an official unveiling on February 8, has now been seen, at least partially. 43Rumors shared a leaked image of some of the top of the camera, which will be the first digital shooter from Olympus' flagship OM series that dates back 40 years. The Micro Four Thirds camera appears to have a high-quality metal body.

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Olympus to revive classic camera with OM-D

01/18, 12:00pm

Olympus to unveil OM-D MFT camera in February?

Olympus is likely to unveil a new compact digital camera with a product called the OM-D, which was trademarked on January 3. While the camera hasn't officially been revealed, Olympus did tease its "latest Olympus masterpiece" is coming in a teaser ad. It is expected to be a modern, digital camera styled after the film OM-1 of the past and the more recent OM-2000.

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Olympus sues auditors for malpractice

01/17, 5:00am

Olympus seeks $13 million in damages from auditors

Olympus has announced that it has sued five past and current auditors seeking $13 million in damages, according to Reuters. The company is suing the firms after each had signed off on 13 years of fraudulent accounts. Senior Olympus officials, now mostly no longer with the company, had fabricated the company’s accounts over the same period to cover $1.7 billion of losses. Although cleared of responsibility for the fraud by an independent panel, KPMG and Ernst & Young, and other auditors remain under official review.

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Samsung to team with scandal plagued Olympus?

01/12, 5:15am

Samsung said eyeing Olympus, could partner

A new report has surfaced suggesting that Samsung may have its sights set on getting a slice of the scandal plagued Olympus. Olympus is currently picking up the pieces following one of the biggest corporate scandals to rock Japan after it was found to have concealed around $1.7 billion in losses through dodgy accounting practices. According to Reuters , Samsung is interested in investing in Olympus’s medical imaging arm with the company short of capital following revelations of its accounting fraud.

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Olympus panel may sue execs for $1.2b, make president resign

01/08, 1:35am

Olympus panel may ask for tougher measures

An independent panel investigating Olympus might issue much harsher recommendations than its early investigation. The Kyodo News Agency had heard that the panel would advise the company suing over 10 existing and former executives for a total equivalent to $1.2 billion for hiding losses for 13 years. The move might also see current president Shuichi Takayama, who had only take over from the disgraced Tsuyoshi Kikukawa in October, resign by the end of January.

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Olympus ex-CEO sues over wrongful firing

01/05, 11:50pm

Woodford takes legal action on Olympus scandal

Ousted Olympus CEO Michael Woodford fild suit against his former employer for allegedly firing him unfairly. He contended in a presentation that there were "no grounds whatsoever" for his being let go and that the real reason was to cover up the $1.7 billion scandal of deliberately hidden finances. He took the route after being rebuffed in attempts to have large-scale investors ask for a change in the board.

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Wire leak spoils Canon G1X mirrorless rival, Elph 110/520 HS

01/05, 8:50am

Canon G1X to carry large sensor and wide aperture

Wells Fargo has leaked virtually every camera designer's plans for CES and PMA next week but has provided unusually large amounts of detail for major Canon releases. The PowerShot G1X is Canon's long-awaited if indirect response to mirrorless rivals and carries a large, 1.5-inch, 14.3-megapixel CMOS sensor to let it take in more light and detail than most compacts. Although the 4X, 28-112mm equivalent lens is still non-removable, it now has a wider maximum aperture of f2.5 (better than f2.8) to improve low light and soften backgrounds.

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