Imation closes its doors

The legacy brands TDK and Imation will disappear from local retail shelves in 2016 when Imation Corporation exits the global consumer product market and tape media business on December 31. Speaking exclusively to Appliance Retailer, Imation general manager, Asia Pacific Region, Des McDaid explained that the decision was due to the continued declines in traditional media and ongoing market pressures that minimize both the revenue and the profitability for the company.

2016: The year of the selfie-drone

A compact automated flying camera system is being developed by Sydney-based technology company Internet of Things (IoT). Designed for thrill-seekers, the selfie drone can take photos of users surfing, snowboarding, skiing or riding a bike, according to IoT. The drone is expected to be available by this Christmas.

HR man to lead Nintendo

Tatsumi Kimishima will succeed the late Satoru Iwata as Nintendo Corporation President. The 65-year-old human resources executive will lead the company’s push into smartphone gaming and development of a new console.

Young heroes want to defeat e-waste

TechCollect, an industry-funded, free to the public national recycling service for computers, computer accessories and TVs, has revealed the 2015 winners of its Young E-Waste Hero program. Three students demonstrated their understanding of the impact that e-waste has on the environment, winning $1750 worth of cash prizes.

Accounting scandal costs Toshiba $750,000

Japan’s stock exchange has ordered Toshiba to pay a record fine of 91.2 million yen ($750,000) in the wake of its $2 billion accounting scandal, according to the Financial Times. Toshiba is also expected to face another fine from Japan’s financial regulators. It has been reported that the Tokyo Stock Exchange has placed the stock “on alert”, which requires the company to file a report in 2016 on its internal controls improvements. If the company fails to do so, shares will be delisted.

Doggone… it’s Canon’s vet

Esteemed veterinarian, television personality and author, Dr Chris Brown has been welcomed as an official brand ambassador for Canon Australia. Kicking off his role, he will be a judge for the Canon Light Awards – a monthly competition by photographers, for photographers – setting September’s brief as ‘Pet Personalities’.

CEA backs startups to aid the disabled

The Consumer Electronics Association (CEA) and its affiliated charitable CEA Foundation have devised an inaugural video contest which encourages start-up companies with technologies that improve the lives of people with disabilities. Five start-up companies will receive a complimentary booth at CES 2016 in Eureka Park, the show’s flagship start-up Marketplace, and a $2,500 prize.

Canon rewards sustainable initiatives

Three community-led projects which set out to make a positive change to the environment are the winners of Canon’s tenth annual Environmental Grants Program The two winners and the runner up will received $5,000 and $1000 respectively, worth of grants in-kind to help achieve their sustainability goals.