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Neurowear has unveiled a cat ear like hair band called the, Necomimi, which have abilities to wiggle, twitch, perk up or flop down by responding to user's brainwaves, at its promotional event in Tokyo on May 8.

Sony PlayStation Network is still offline and will be so for quite some time, apparently to allow Sony to boost its security, but some angry and disappointed fans are already deserting Sony.

Wall street edged down at the open on Friday after April U.S. inflation rose in line with expectations, helping investors reassess the recent volatility in the commodities market.

The Sony PlayStation Network (PSN) outage has angered and frustrated Sony fans into rushing to retail stores and trading in their PlayStation3 (PS3) consoles for rival Microsoft Xbox 360 systems. Reports from retail stores indicated that more customers have been trading in their entire PlayStation3 set including both console and games for the Xbox 360, mostly for Call of Duty online gamers.

John Lipsky, the number two official at the International Monetary Fund, said on Thursday he will step down from his post when his term expires at the end of August.

A report from a British based gaming site says with the PSN outage, more people are trading in their PS3s.

Sony's official PlayStaion website became inaccessible in Japan on Wednesday while the site was partially inaccessible in select regions in the U.S., triggering panic that another hacker attack had crippled the gaming giant again.

Stocks nearly erased a three-day rally on Wednesday as energy and other commodity shares sank, feeding worries about the market's ability to stay on its upward path.

Sony has repeated its apology for shutting down of PlayStation Network after it got hacked and hackers stole user information possibly including names, emails and credit card numbers 3 weeks ago. Meanwhile, PSP and PlayStation3 users still cannot use PlayStation Network.

TOKYO, May 11 - Toyota Motor Corp posted a 52 percent fall in quarterly operating profit on Wednesday and gave no annual forecasts, as expected, as it struggles to measure the scope of the disruption to production after the March 11 earthquake.

Embattled consumer electronics giant Sony said on Tuesday its PlayStation Network, that was hacked last month, will remain offline for at least few more days till it figures out a way to make it secure.

Sony said it would take at least a few more days to restore service to its beleaguered online PlayStation Network, but failed to offer a solid date.

Sony still isn't sure exactly when the PlayStation Network will be restored, but says it is likely a couple of days away.

Sheila Bair, a free market advocate who helped oversee the most dramatic bailout of the financial system since the Great Depression, will leave the Federal Deposit Insurance Corp on July 8, the agency announced on Monday.

The PlayStation Network is still down, and could be for a while according to one report.

Following the shut down of Chubu nuclear power plant in Hamaoka, central Japan on Monday, the shares of Japan’s Chubu Electric saw a steep decline in the market.

Hackers, who have been causing repeated havoc on Sony networks, continued to defy the company by posting personal data and escalating rhetoric against the firm.

Thursday night marked the first episode of The Office without Steve Carell, also known as Michael Scott.

The Treasury and banks working on the sale of the government's stake in bailed-out insurer American International Group are too early in the process to come up with specific numbers for a potential offering, a source close to the situation said on Thursday.

News Corp posted a lower quarterly profit on a weaker box office performance than a year ago, which was partly offset by strong performance at its cable television business.

Crude oil futures slipped again on Wednesday in volatile trade ahead of the release of weekly U.S. oil inventory data expecting to show an increase in crude stockpiles later in the day.