Sponsored by Sony

Olympus Corp is preparing to issue about $1.28 billion (100 billion yen) in new shares, with Japanese high-tech stalwarts Sony and Fujifilm seen as possible buyers, as it tries to bolster its depleted finances, the Nikkei business daily reported Tuesday.

Sony Corp shifted 321,400 units of the PlayStation Vita, its new handheld game device, in Japan in its first two days on sale, research firm Enterbrain said on Tuesday.

Lawrence Kasdan's Darling Companion has been selected as the opening-night film at the 27th Santa Barbara International Film Festival, organizers announced on Sunday.

Sony's next generation portable games console-the PlayStation Vita-has been hailed by Japanese consumers after it went on sale in the company's native Japan on Saturday.

American viewers have chosen the three singers who will compete in the finals of The X Factor after a first season that underwhelmed critics and raised questions about audience fatigue ahead of returning TV contests American Idol and The Voice.

French silicon company Soitec SA said it will invest more than $150 million in a manufacturing facility in California to produce concentrator photovoltaic modules (CPV) for the U.S. renewable-energy market.

The official site for The Amazing Spider-Man has crawled onto the Web, shedding light on the plot of Marc Webb's reboot.

The American Federation of Television and Radio Artists and the major record labels have reached a tentative agreement on a new, three-year sound recording contract, the union said Thursday.

After two wretched weekends at the box office, sequels to Sherlock Holmes, Alvin and the Chipmunks Mission: Impossible are riding in to rescue the domestic movie business.

Mandate Pictures has optioned The Young, The Hot, And The Bothered, a coming-of-age comedy from 25-year-old writer Leah Rachel, the studio said Thursday.

Sony is launching Vita in Japan on Saturday, hoping the company's first new handheld video game system in seven years will get the company's game business going again now that many consumers have turned to Apple's iPhone, the world's bestselling smartphone, for entertainment.

Movie studio The Weinstein Company and cable network HBO led rival companies at the Golden Globe nominations on Thursday, giving their movies and TV shows a measure of prestige that should lure audiences.

The 10th anniversary addition of Grand Theft Auto three has launched on the iPad and iPhone with improved graphics, tough-based controls, autosave and mission retry.

Galaxy Tab 7.0 Plus makes a great holiday gift because it is very portable, super fun to use and has a great feel without being too heavy or bulky.

Sony Corp, set to report a $1 billion loss this year, is banking on a big slate of new software to drive sales of its new PlayStation Vita handheld games device, even as Fitch downgraded the Japanese electronics giant to a notch above junk.

Into just his fourth month as head of Sony's videogames unit, Welshman Andrew House has to plot a much-needed success story for the new PlayStation Vita handheld games device, negotiating a minefield of consumer gloom and competition from smartphones and tablet PCs such as Apple Inc's iPhone and iPad.

Sony Corp said it was keeping to its target to sell 15 million PlayStation 3 game machines in the year to end-March, even as a long-running debt crisis grips Europe, one of the Japanese electronics group's most important markets.

Apple's purchase of Anobit, an Israeli maker of Flash chips, likely means the iPhone 5 will greatly improve its memory storage capabilities.

Apple introduced its various music services to Brazil and Latin America on Tuesday, including the iTunes Store, iCloud and iTunes Match services.

A simple new online music service will launch across Europe and North America this week aimed at the millions who like music but struggle with the technology to find and listen to it.

Oscar winner George Clooney -- a current awards season favorite with The Descendants -- has added another project to his packed upcoming movie slate: Clooney and Smokehouse Pictures partner Grant Heslov will produce a movie about the Smothers Brothers and their groundbreaking TV series.

The Artist and The Harry Potter series will also receive special awards.

Will Smith and Tommy Lee Jones reprise their roles in the third MiB installment.

Romantic comedy New Year's Eve topped the domestic movie box office during the weekend but Hollywood had little to celebrate as North American ticket sales slumped to their lowest level in three years.

Let's face it, until Verizon makes an official announcement, there is no real way of knowing when the Galaxy Nexus will arrive in the United States. There has already been four rumored release dates, and all have been a no-show.

Good news to smartphones and tablet users who crave for gaming without compromising on splendid graphics - OnLive, a Silicon Valley-based gaming service, has announced the launch of an application (app) which enables users of mobile devices such as iPhone, iPad and Android-based smartphones and tablets, including Amazon's Kindle Fire, to enjoy console-class gaming.

It sealed Brooke Shields' status as a teen star (and, trivia, made her the first-ever recipient of the Worst Actress Razzie), and now Lifetime is going to remake the 1980 drama The Blue Lagoon.

Panasonic Corp, which has warned it will post a $5.5 billion annual loss, will launch a smartphone in Europe next year, the latest Japanese maker to tiptoe late into a fiercely competitive market dominated by Samsung and Apple.

Asian stocks plunged Friday, following overnight declines on Wall Street, after the European Central Bank gave no indication of more government bond buying.