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Softbank Corp's (9984.T) lucrative gig as the sole iPhone vendor in Japan faces trouble as rival KDDI (9433.T) hammers out a deal with Apple, a source familiar with the matter said on Thursday, while worries of lost sales sent Softbank shares sliding 12 percent.

Nikon unveiled its first lightweight mirrorless interchangeable lens cameras on Wednesday, saying the two new models would go on sale in October and that it expects them to be priced around 70,000 yen ($915)and 105,000 yen.

For the second time this year, Sony's PlayStation Network was down Wednesday until PSN service was returned, eradicating log in error messages experienced by users.

The PlayStation Network is experiencing yet another outage that began on Wednesday morning and has continued throughout the day.

Sony Online Entertainment announced on Monday that the popular massively multiplayer online (MMO) game DC Universe Online will get a new boost in a Free-To-Play mode coming October.

While Microsoft aims to hit the tablet market with Windows 8, Apple seems reluctant to consider any competition— the company is unlikely to release the iPad 3 until 2012, reports a J.P. Morgan analyst.

Here is the list of reasons why the PS Vita will reign supreme as the greatest handheld gaming device on the planet.

After having faced the ire of customers over the recent price hikes, popular entertainment service Netflix has said it is separating its movie-streaming business and its DVD-by-mail service.

Here is a list of the five reasons why Microsoft may falter against Android.

The Lion King is back on top of the movie jungle seventeen years after the film first hit theaters.

While Apple is delaying the launch of its much-awaited smartphone, rival manufacturers like Motorola, Samsung and HTC have brought out high-end Android smartphones with the latest features. However, one thing that Apple's delay indicates to is that the Cupertino-based tech giant might have been silently working on what seems to be a product to answer them all.

Ron Paul has at least one celebrity firmly in his camp: singer Barry Manilow.

Treasury Secretary Timothy Geithner pressed euro zone ministers on Friday to leverage their 440 billion euro bailout fund and free up more resources to tackle a two-year-old debt crisis, a senior euro zone official said.

Tokyo Game Show (TGS), Japan's biggest gaming event which began Thursday at Chiba's Makuhari Messe convention center, will continue through Sept. 18.

Sony Corp has yet to secure the next generation of Capcom's popular Monster Hunter game for its new handheld games device, company executives said on Thursday, after the developer said it would offer the game on a rival gadget.

Sony has announced 26 game titles that will arrive with the launch of the PlayStation Vita.

Hollywood executive John Calley, who held high-level positions at three studios and later produced The Da Vinci Code movie among many others, died on Tuesday at age 81, his representatives said.

The greatest Blu-Ray discs of all time, according to the Broadcast Film Critics Assn., are Apocalypse Now, Avatar, Close Encounters of the Third Kind, the Planet of the Apes box set, The Wizard of Oz and the complete Lord of the Rings set.

With her new drama In Darkness Agnieszka Holland has returned to her native Poland to produce a haunting portrait of the Holocaust that could net the veteran director another Oscar nod.

Sony Corp will launch its new PlayStation Vita handheld games device on December 17 in Japan, kicking off a global rollout, and insisted it will not reduce the price in the face of discounting by rival Nintendo.

Sony Corp will launch its new PlayStation Vita handheld games device on December 17 in Japan, and will not discount the price, the head of its Japanese games unit said on Wednesday.

Whitney Houston is negotiating to return to the big screen in Sony's remake of the 1976 film Sparkle, TheWrap has confirmed.

Apple is gearing up to introduce the most-anticipated device of the year iPhone 5 to hungry consumer crowd. A new report from Bloomberg has emerged suggesting Sprint will begin selling Apple's fabled iPhone 5 this October.

Contagion gripped filmgoers as the thriller about the race to contain a deadly virus took hold of the top spot at the domestic box office and knocked hit drama The Help to second place.

In the world of consumer electronics, Apple has emerged as the leader, redefining a number of industries and generating revenue and margins competitors could only dream for, but that delicate lead may be coming to an end.

Musicians are likely to win longer copyright protection of their work in Europe next week, helping artists and record labels as music revenues decline, and bringing Europe closer into line with the United States.

Samsung’s upcoming QWERTY smartphone, Stratosphere 4G, recently raised its head.

Apple’s upcoming iPhone 5 has not yet been officially announced, but rumors emerged suggesting an early October release was likely. However, the arrival will not go unchallenged, thanks to players like Motorola’s Droid Bionic, which is expected to be the biggest threat to the iPhone 5.

Take it from Wal-Mart: Losing can be winning, as the company stands to get some major benefits from a class action lawsuit filed by angry consumers regarding its agreement with Netflix.