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Olympus leaves the camera business

Future former camera manufacturer Olympus announced (PDF) Wednesday it has agreed to sell its imaging business to private equity firm Japan Industrial Partners. The deal will be complete by the end of the year. JIP bought Olympus’ telecom business in 2012 and snapped up Sony’s Vaio computers in 2014, to name a couple investments. Though cameras is the best known area …

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Amazon creates team to go after counterfeiters

Amazon on Wednesday said it set up a Counterfeit Crimes Unit to go after knockoffs being sold on its sites. The global team will investigate and launch legal action against counterfeiters. It’ll mine the e-commerce giant’s data and gather information from payment service providers and open source intelligence. The unit will take out civil cases against the people behind the …

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