Prizefight: Panasonic Lumix DMC-TS4 vs. Olympus Tough TG-1 iHS

It's a Prizefight throwdown showdown! We're throwing two of the best point-and-shoot cameras that were made to outlast the elements. It's the Panasonic Lumix DMC-TS4 versus the Olympus Tough TG-1 iHS!

Panasonic's TS4 brings a sleeker design that's still rugged with better image quality results. Olympus' TG-1 is chunkier, but it brings a larger feature set and is even crushproof.

Both of these bad boys are waterproof, shockproof, and freezeproof; which do you think deserves to be crowned the Prizefight King of the Ring?

Cast your vote!

Olympus joins the 40x club with the Stylus SP-820UZ iHS

Giving it a lens your neighborhood stalker of, um, squirrels is sure to love, Olympus today announced the Stylus SP-820UZ iHS featuring a 40x f3.4-5.7 22.4-896mm lens. Nikon's Coolpix P510 and its 42x zoom lens still beat it, but hey, it's nice to have options.

Unlike the Nikon, however, the 820UZ iHS is more of a fully automatic camera with no manual or semimanual shooting modes. Its high-sensitivity 14-megapixel CMOS sensor and Olympus TruePic V image processor will let you capture 1080p HD and high-speed video (240fps HSQVGA) clips, though, and you get multishot HDR … Read more

Google Glass spurs battle for eyeballs

Friday's news roundup will have you eyeing Google's competition:

We've sung this tune before: Amazon is tinkering with creating its own smartphone. A recent Bloomberg report has the media buzzing again about the possibility, but we first heard this last year from an analyst. If true, would Amazon knock Windows from the No. 3 spot? I think we're just hungry for more choice.

Google wasn't the first company to tinker with a computerized headset for augmented-reality vision. With all the buzz on Google Glass, Olympus felt confident about sharing news on its Glass-like prototype. And … Read more

Olympus confirms 7 percent reduction in workforce

As expected, Olympus has confirmed that it'll be reducing its workforce by 7 percent, as the company tries to regain its footing in the wake of its crippling scandal.

According to Olympus, the company will cut 2,700 employees from its global workforce between now and March 31, 2014. The move is part of a broader restructuring that could see major changes across the company's subsidiaries, global production sites, and other divisions.

The cuts Olympus plans to make are actually a bit deeper than expected. Last week, Japanese news outlet Nikkei Business Daily reported that the company would cut approximately 2,500 jobs from its payroll. … Read more

Ultracompact megazoom cameras compared

Zoom lenses sell cameras these days, so it's no surprise that manufacturers are doing everything they can to get longer lenses into increasingly smaller bodies.

A 3x or 5x zoom lens used to be the standard for ultracompact cameras -- those measuring 1 inch thick or slimmer -- but in 2012, you can easily find a skinny point-and-shoot with a 10x optical zoom.

The frontrunner here is the sub-$250 Sony Cyber-shot DSC-WX150 thanks to its excellent features, fast autofocus, and the quality of its pictures and video (though its color accuracy could be better). Most of the category consists of sub-$200 cameras, though, so there are several options if you're just looking for a simple pocket camera with a long lens.… Read more

Olympus eyes layoffs, equity stake sale in wake of scandal

After a massive scandal left the company in shambles, Olympus is trying to pull itself out with layoffs and a possible equity sale, according to a new report.

According to Japanese news outlet Nikkei Business Daily, Olympus plans to cut 2,500 jobs from its payroll, representing about 7 percent of its total workforce. In addition, it hopes to sell a portion of its business to fellow Japanese giants Panasonic or Sony to raise some cash, Japanese papers are reporting today, according to Reuters. Olympus is reportedly ready to hand over about 10 percent of equity for hundreds of millions … Read more

Olympus reveals fast telephoto prime lens

There's not a lot to say here, except that this lens, with its effective focal length of 150mm on the Micro Four Thirds system and a fast aperture of f1.8, sounds like a great addition to the pool of MFT lenses.

Olympus doesn't currently have any fast telephotos in its MFT lineup -- just some really clunky, slow zooms, and Panasonic's best equivalent only goes as low as f2.8 (for about the same $899.99 price). Olympus' 45mm f1.8 is one of my favorite MFT lenses, and this looks pretty similar. I can't wait to give it a shot, so to speak.… Read more

Camera jewelry that (almost) works

With the recent hike in the price of film, plus digital photography so easily accessible, film cameras just aren't very common these days. But if you can't shoot with film, why not create wearable art pieces dedicated to the film cameras we love?

Jeweler Luke Satou has done just that with new handmade jewelry that's made in the likeness of an Olympus Trip 35 film camera. What separates this from the conventional trinkets is that it has parts that actually work. You'll be able open its film back, advance the film winder, and turn the rewind knob, too. … Read more

Exclusively for CNET users: Big savings on the perfect presents for Mother's Day!

Mother's Day is less than two weeks away. In honor of May being National Photography Month, we decided to find some great deals on photography gifts for mom! Our friends at NewEgg.com are hooking up the CNET audience with a Mother's Day camera bundle with everything mom needs to start capturing memories at 50 percent off. And the folks at Serif are giving us an unbeatable deal on the Serif Creativity Collection Software at a whopping 97 percent off.

Get mom the rough-and-tumble Olympus TG-310 Blue 14MP Digital Camera, which comes with a free 4GB memory card … Read more