LOS ANGELES — Movie-making’s biggest event of the year is back: The Academy Awards, officially renamed The Oscars this year, has returned to reward the industry’s top picks in the past year of movie-making. Catch our live updates here or follow @tdy_T on Twitter.

1.11pm: Phin: So Sidney Poitier and Mandela walk into a bar ...

1.10pm: Genevieve: And on that note, that concludes our Oscars 2014: Live! Hope you enjoyed reading it as much as we enjoyed bringing it to you. Now, where's my 2 bottle of champers, Mr Wong? I'll take them chilled and celebrate with the 12 years A Slave team. 

1.10pm: Phin: Can I crack a Sidney Poitier joke now?

1.07pm: Genevieve: Thank you Phin, for not being TOO mean. And for being the wittiest and snarkiest co-live-blogger this side of sunny Singapore.  

1.05pm: Phin: And thank you, Ellen DeGeneres, for show us the pitfalls of having an Oscar host who doesn't have a cocaine habit. Someone get her a redbull, stat!

1.04pm: Phin: Well, that was fun. Although that might have more to do with the 8am bubbly. Thank you, Genevieve, for being a lovely co-live-blogger. Smell you later.

1.03pm: Genevieve: Again, director Morgan Spurlock thanks you for your support. But no, he won't put you in his next movie.

1.02pm: Phin: I still think the One Direction documentary was robbed. Robbed, I tell you. One Direction are the N Sync of the Oscars.

1.02pm: Genevieve: WOWEE, that was as long as The Wolf Of Wall Street, wasn't it?

1.01pm: Genevieve: Between giving it to a couple of hustlers, someone floating in space and a movie about slavery... this is the obvious, right and best choice. Well done Academy.

12.58pm: Phin: Hey, there's an Asian guy standing on stage for 12 Years A Slave! Or is that Joseph Gordon-Levitt?

12.57pm: Genevieve: AND 12 YEARS A SLAVE TAKES HOME BEST PICTURE!!!!!

12.56pm: Phin: Will Smith gets to present the big one of the night — Best Picture — and the man can’t be bothered to put on a tie?

12.55pm: Genevieve: You ready to hand me that second bottle of champagne, Phin?

12.54pm: Genevieve: Fun Fact 2: Matthew McConnaughey is still speaking!  Alright, alright, alright....

12.54pm: Phin: Fun fact: Matthew McConaughey is the first Best Actor winner to have starred in The Wedding Planner.

12.52pm: Genevieve: It's officially a #McConaissance! The Best Actor Oscar goes to Matthew McConaughey

12.49pm: Phin: Let’s give Jennifer Lawrence an honorary Oscar for not falling on stage.

12.48pm: Phin: Cate Blanchett’s acceptance speech has the same running time as Blue Jasmine.

12.47pm: Phin: Very impressed by this newbie Cate Blanchett. Something tells me she'll go far.

12:46pm: Genevieve: 3rd #QOTD: "Sit down all of you, you're all too old to be standing."- Cate Blanchett in response to her Oscar standing ovation.

12.44pm: Genevieve: I love love love this group of Best Actress nominees. I think every single one of them deserves to be hereAnd Cate wins it! But then again, we all knew she was going to....

12.43pm: Phin: Hey, Daniel Day Lewis is presenting on stage! Fun fact: He spent three years researching himself to get into character.

12.43pm: Genevieve: Morgan Spurlock thanks you for your support

12.43pm: Phin: My money's on the One Direction documentary.

12.41pm: Genevieve: You sure you can afford it Phin?  12 Years a Slave for the win! 

12.40pm: Phin: Ok, Genevieve. Only three awards to go. Want to make another Perrier Jouet wager? Will it be Gravity or 12 Years A Slave for Best Picture?

12.39pm: Phin: While I am happy for Alfonso Cuaron, I can't help but be a little upset that he's ruined my lifelong dream to be the first Latino director to win an Oscar.

12.37pm: Genevieve: 2nd #QOTD: "Making this film was a transformative experience. If it wasn't, it would have been a waste of time."- Alfonso Cuaron

12.35pm: Genevieve: Alfonso Cuaron wins Best Director!

12.30pm: Phin: Spike Jonze is talking about his imaginary friends and family up on stage with him. Bruce Dern almost got out of his seat to hand him some Alzheimer’s meds.

12.28pm: Genevieve: YAYYYYY! Spike Jones wins Best Original Screenplay for HER.  An incredible and sorely underrated movie that so deserves this win! 

12.26pm: Phin: It's hard to make a joke about a slave drama winning. But I might give it a go after another bottle of bubbly.

12.25pm: Genevieve: As expected, 12 years a slave wins its 2nd Oscar of the night for Best Adapted Screenplay

12.24pm: Genevieve: Bobby D and Penelope C in da house presenting Best Adapted Screenplay. We are hoping for a dark horse Before Midnight win, aren't we Phin?

12.22pm: Phin: Aw, my money was on Gravity to Best Original Song. Especially after it was robbed for Best Documentary Short Subject.

12.19pm: Genevieve: Frozen's LET IT GO has won Best SONG!  I think U2 was robbed... but Phin thinks I should let this one go. #stillhavelotsmoreletitgopunsleftinme

12.18pm: Genevieve: Best Original Score goes to Gravity! Told you nothing is going to keep Gravity down.  #repeatcheesyquipONEMORETIMEjustincaseyoumissed it

12.11pm: Phin: That's what John Travolta will be doing once he goes home and takes off his spanx.

12.10pm: Genevieve: You're always so mean to poor ole Johnny T. LET IT GO, Phin. LET IT GO :)

12.10pm: Phin: I think his hair was on too tight.

12.09pm: Genevieve: Did John Travolta just misprounce Idina Menzel's last name?

12.01pm: Phin: I'd like to be gently woken up every Monday morning by Bette Midler singing Wind Beneath My Wings.

12.00pm: Genevieve: I think Phin Wong might be tearing. I don't know if it is because of the In Memoriam, Bette singing, or the fact that he owes me a bottle of Perrier Jouet

11.58am: Genevieve: Bette Midler is singing Wind Beneath my Wings!!! OMG.. cue the tears!

11.54am: Genevieve: Did Twitter crash after Ellen posted "the best selfie in the world ever" photo? I'm not sure .. But what I do know is that looking at the photo, Bradley Cooper "accidentally" cut out 80% of Best Supporting Actor OSCAR winner Jared Leto's Face. Can anyone say "Sore Loser"? :)

11.50am: Phin: BREAKING NEWS: WE'VE JUST STARTED ON OUR SECOND BOTTLE OF BUBBLY. In other news, my tyopinng isntt sp gppd no motre.

11.47am: Phin: Baz Luhrmann's wife has won the Oscars for Best Costume and Best Production Design. Someone's alimony settlement has just gone way up. 

11.46am: Genevieve: The Oscar goes to Production Design goes to The Great Gatsby! That Catherine Martin is one heck of a busy lady.

11.45am: Genevieve: I concur.

11.44am: Phin: I vote Benedict Cumberbatch for Best Cheekbones In A Major Motion Picture.

11.44am: Genevieve: I thought Pink sounded AWESOME singing Somewhere Over The Rainbow from the Wizard of Oz. And I'd steal her ruby red sequin dress in a rainbow minute! - In time for this year's GETAI.

11.42am: Phin: I don’t think Pink is one of the colours of the rainbow.

11.41am: Genevieve: Oh Phin, now you've officially run of N'syncers:)  

11.35am: Phin: Exactly.

11.35am: Genevieve: Who???????

11.34am: Phin: Genevieve, you are the Chris Kirkpatrick of Oscar blogging.

11.30am: Genevieve: Have you run out of N'Syncers yet, Phin?

11.29am: Phin: The Cinematography category is the Justin Timberlake of the Oscars. 

11.26am: Genevieve: But drinking champagne isn't :) Thanks again Lupita!

11.26am: Phin: Genevieve, gambling is a terrible social ill.   

11.19am: Genevieve: I am overjoyed that Lupita Nyong'o won!! A heartbreaking debut performance, a  hearfelt speech, a standing ovation, a  truly, madly, deeply deserved win.  And oh Perrier Jouet for me! Hoorays all round!

11.17am: Phin: Lupita wins. My heart is full. My wallet is empty.

11.17am: Genevieve: Hooray! The Oscar for Best Actress in a supporting role goes to Lupita Nyong’o!!! No backsies PHIN!!!!!

11.13am: Phin: Here we go: Best Supporting Actress. If J-Law wins, Genevieve buys me a bottle of champagne. If Lupita wins, I back out of the bet.

11.12am: Phin: Sound Mixing and Sound Editing went to a film set in space where there is no sound. Is there irony in space?

11.12am: Genevieve: The Oscars for Sound Mixing and Sound Editing goes to… surprise surprise GRAVITY!  Oscars a plenty for them.. and counting! On their way to becoming the big winner of the night. Nothing is going to keep them down...

11.11am: Genevieve: I'm guessing the question is not IF it will be the most retweeted photo. It'll be how FAST it becomes the most retweeted photo.

11.07am: Genevieve: #QOTD Meryl Streep: "I've never ever tweeted before"- when Ellen Degeneres wanted her to take a selfie in hope that it would become the most retweeted photo ever. Brad Pitt, Angelina Jolie, Jennifer Lawrence, Bradley Cooper, Jared Leto, Channing Tatum and Julia Roberts all photo-bombed.  

10.59am: Genevieve: #MEANTWEETER Phin Wong, take that back! This is a song for the Mandela: Long Walk to Freedom...#sacrilegious!  

10.56am: Phin: Am a little disappointed. When I heard Bono was going to sing at the Oscars, I was expecting Chaz. #sadface

10.56am: Genevieve: And introducing my absolute favourite U2 singing their Oscar nominated song Ordinary Song. Bono and gang FTW!

10.55am: Genevieve: Looking good Brad Pitt! 

10.54am: Phin: Tyler Perry just presented at the Oscars. Which is like Hi-5 presenting at the Tonys.

10.53am: Phin: The Foreign Language Film category is the JC Chasez of the Oscars.

10.52am: Genevieve: The Great Beauty just won Best Foreign Picture for Italy. The land of Pizza continues its reign as the most awarded foreign country.

10.49am: Phin: I don’t know about this “heroes” theme the show has going on. It’s like they’re trying to force meaning into a fluffy entertainment award show. Which is kinda like trying to squeeze Jonah Hill into a tube sock. Why bother?

10.44am: Phin: Angela Lansbury and Steve Martin winning honorary Oscars makes waking up at 6am all worth it. 

10.43am: Phin: I once stood 20 feet away from stardom. Then Zoe Tay said I had to get out of her house before she calls the police.

10.41am: Genevieve: 20 Feet from Stardom just won Morgan Neville, Gil Friesen and Caitrin Rogers the Best Documentary Feature Oscar. I’m sure it was good but I am very disappointed that The Act of Killing did not win. Still singing your Thank You speech makes things a little better. And wins you a mini standing O.

10.39am: Phin: Ellen's hosting has the energy of Stephen Hawking after a three-legged race.

10.35am: Genevieve: Helium just won the Oscar for Short Film (Live Action). Congrats Anders Walter and Kim Magnusson. But I would have really gone with the high pitch voice for the Thank You speech to make it more interesting. #justsaying

10.33am: Phin: Sorry, Genevieve. That tends to happen when I'm wearing running shorts.

10.32am: Genevieve: I am enjoying your continuing N'Sync comparisons, Phin.  Excuse me, I think your age is showing 

10.32am: Phin: The Live-Action Short Film category is the Lance Bass of the Oscars.

10.28am: Phin: Karen O just performed. Unfortunately, I blinked and missed it.

10.25am: Phin: I think the award for Best Visual Effects should have gone to the team that made Keanu Reeves look almost human in 47 Ronin.

10.25am: Genevieve: What's up with Zac Efron's hair?

10.24am: I LOVE LOVE JGL! Only he can make announcing Best Visual Effects category less snooze-worthy.  Congrats to the Gravity Team of Tim Webber, Chris Lawrence, David Shirk and Neil Corbould. You all truly deserve it. 

10.22am: Phin: It's nice that Joseph Gordon-Levitt is representing the Chinese community at the Oscars.

10.16am: Genevieve: Looks like the minions just have to simply LET IT GO…. Frozen was always the shoo-in for the Best Animated Feature Oscar.

10.14am: Phin: The Animated Short Film category is the Joey Fatone of the Oscars.

10.14am: Genevieve: Best Animated Short Film Oscar goes to Mr Hublot! It’s their first Oscar! Next: A luxury watch sponsorship.

10.13am: Phin: My He-Man action figures had faces more natural-looking than Kim Novak’s.  

10.06am: Phin: Genevieve, my look is a cross between Bill Murray, Will Pharrell and crazy cat lady. And it's fabulous.

10.05am: Phin: Harrison Ford just presented some of the nominees for Best Picture. Harrison Ford is an actor of tremendous range. If you put The Fugitive, the Star Wars films and the Indiana Jones films together, you’d get one movie about Harrison Ford running away from something.

10.05am: Genevieve: At least,I am wearing makeup. And not looking like something Mary-Kate the cat just dragged out of bed. Yes, that would be you, Mr Wong

10.04am: Phin: Fun fact: The make-up budget for Dallas Buyers Club was US$250. Which is about the amount of make-up Genevieve is wearing right now at 10am.

9.59am: Genevieve: Baz Luhrmann's beard... I mean WIFE, Catherine Martin just won the Best Costume Oscar for The Great Gatsby. Well deserved, on both counts

9.58am: Phin: It's now time for best costume, hair and make-up. My money's on John Travolta. 

9.54am: Phin: I always thought the only time I'd see everyone at the Oscars get up off their seats at once would be if Woody Allen and Roman Polanski won Best Picture together.

9.54am: Genevieve: Give Pharrell the OSCAR already. He got a stuffy room to stand up and dance. At the OSCARS!

9.53am: Genevieve: Aww, watching Lupita Nyong'o, Amy Adams and Meryl Streep shake their booty with Pharrell makes me HAPPY

9.51am: Phin: BREAKING NEWS: PHARRELL'S HAT IS BACK. Apparently, it was just getting a drink at the bar earlier.

9.48am: Phin: I love him, but Jim Carrey's rubber face looks like the elastic band of my fat boxers from 1998.

9.45am: Genevieve: Congrats Jared Leto on winning your first Best Supporting Actor Oscar. This was yours to lose and you didn't. It's confirmed. Lose lots of weight, put on some makeup and deliver a solid performance...you'll win the Oscar.

9.42am: Genevieve: Ok.. come on Barkhad Abdi. As much as I love Jared Leto and Michael Fassbender... I want you to win. For all former limo drivers out there.

9.41am: Genevieve: It was like she was almost afraid to go THERE.... you know?

9.40am: Phin: Instant review of Ellen's hosting: Meh.

9.37am: Phin: Add a large hat and a buckle, and Ellen would look like one of the people who came up with Thanksgiving.

9.30am: Genevieve: Fingers crossed for Ellen! Knock it out of the park, wouldja? 

9.30am: Phin: And it begins!

9.26am: Phin: Ok, people. The Oscar’s is about to start. Can’t wait to see if Ellen and I are wearing the same shoes.

9.25am: Phin: Speaking of Gravity, did you know it’s based on the true story of Jennifer Lawrence’s inability to stay vertical?

9.25am: Geneveive: Don't rain on Sandy's parade! We like Sandy. We love Sandy. George Clooney loves Sandy

9.22am: Phin: Sandra Bullock is wearing Alexander McQueen and she’s never looked better. Am relatively sure Alfonso Cuaron’s FX team had something to do with it. #conspiracytheory

9.18am: Phin: I really like Ferrell's work with Daft Punk.

9.16am: Genevieve: Will Pharrell???? Phin, are Pharrell's bermudas throwing you off, towards the topsy-turvy direction of Will Ferrell? 

9.14am: I thought Will Pharrell did a great job in Anchorman 2. Didn’t know he sings, too!

9.13am: Your mean tweets aren’t Jimmy Kimmel worthy, Wong! Try beating this Kimmel one. “Hey Jared Leto. Mary-Kate Olsen just called. She wants her hair back.” Haha!

9.10am: Phin: My tweets are never mean, Genevieve. They're nice-deficient.

9.08am: Genevieve: Is that a mean tweet a la Jimmy Kimmel, Phin Wong?

9.08am: Phin: Not entirely sure if the top of Julia Roberts’ outfit is a peplum or one of Genevieve’s dresses. You know, because Genevieve is so short, her full dress would look like a peplum on Julia. Get it? Sure? Ok.

9.04am: Genevieve: It’s actually pretty cute seeing Bradley Cooper and Jonah Hill pallying around on the red carpet. But I still don’t know why Bradley is nominated.  I mean, everyone had a perm in the 70s… no one got an award for it. 

9.03am: Phin: To me, Bradley Cooper will always be the douchebag I interviewed in Vegas for The Hangover III. I wish him as much luck as I do the kid my mom gave my entire Star Wars action figure collection to.

8.57am: Phin: Tyson Beckford hosting the red carpet show is stiffer than anything you’ll see in Nymphomaniac.

8.46am: Phin: Both Bette Midler and Liza Minelli will be performing tonight. Because clearly not enough gay men obsess about the Oscars every year.

8.41am: Phin: Leonardo DiCaprio’s bowtie is tiny. You know what they says about men with tiny bowties …

8.40am: Phin: If they were both waiters, I'd give Leto a raise. And a hair net.

8.40am: Genevieve: Exactly. Speaking of Jared Leto (who, for the record, I find very sexy), what is he doing playing Twinsies with Ryan Seacrest? Who wore it better? :)

8.38am: Phin: There are better ways to get on the front page. Dating Jared Leto would be easier on the ankles.

8.37am: Genevieve: As much as I like her, I'm starting to wonder if she's doing it on purpose. You know, "Hi, my name is Jennifer Lawrence and i'm an Oscar winner and award show klutz. Put me on the front page of your newspaper tomorrow."

8.35am: Phin: Speaking of Jennifer Lawrence, she fell … again. This time on the red carpet. I swear, that girl hits the ground more often than Betty White’s nipples.

8.35am: Genevieve: Looks like it's on like Donkey Kong!

8.34am: Phin: Ok then. Against my better judgement, I'm gonna gi for Jennifer Lawrence. I can't stay away from a bet. It's the curse of being Chinese.

8.32am: Genevieve: Ooo very close call.  I just went on Channel News Asia to declare Lupita Nyong'o FTW. There is just something very special about winning on your debut

8.29am: Phin: Ok, Genevieve. Let’s put money down on the tightest Oscar race: Best Supporting Actress. Who do you think will win? Lupita or J-Law? I’ll bet you a bottle of Perrier-Jouët. 

8.25am: Phin: Cate Blanchett just won another Best Actress award for simply walking the red carpet.

8.24am: Genevieve: Loving Cate Blanchett's Georgio Armani's dress... not sure about the earrings though...

8.23am: Genevieve: I'll take that product placement any day. Give me some of that Cumberbatch now!

8.21am: Phin: Did you know Benedict Cumberbatch can be seen in four Oscar-nominated films: August: Osage County, 12 Years A Slave, Star Trek Into Darkness and The Hobbit: The Desolation Of Smaug? He’s the new Coca Cola product placement.

8.19am: Genevieve: I'm going to ignore that. I arrived just in time to see Benedict Cumberbatch looking oh so dapper. Something about the Brit accent makes tux fit so much better, don't you think Phin? 

8.18am: Phin: Genevieve, everyone's bigger after CNY.

8.15am: Genevieve: Well, you know that what they say. The later you show up on the red carpet, the bigger the star you are. 'Nuff said

8.11am: Phin: BREAKING NEWS - GENEVIEVE LOH IS NOT WEARING A BALLGOWN ON OSCAR MORNING.

8.08am: Phin: Well, look who’s here. Nice of you to finally show up, Genevieve Loh.

8.06am: Phin: Ethan Hawke and Julie Delpy make me believe in a love that lasts for two hours every nine years.

8.05am: Phin: Lupita Nyong’o is a Grecian goddess in pale blue Prada. That said, that hairband, while fabulous, is about as useful as table manners at a Chinese restaurant.

7.54am: Phin: Amy Adams looks amazing on the red carpet in Gucci couture. Guess she isn't the new Meryl Streep after all.

7.50am: Phin: BREAKING NEWS - PHARRELL IS NOT WEARING A HAT. He is, however, wearing berms.

7.46am: Phin: Hey, Rachel Berry’s mom is at the Oscars! 

7.45am: Phin: Jason Sudeikis is handsome like George Clooney in a sharp navy Prada suit. Like George Clooney … only younger, married and capable of acting with more than just his eyebrows.

7.39am: Phin: Dallas Buyers Club’s Jared Leto joins a notable group of actors who’ve played transgender roles: Jaye Davidson for The Crying Game, Hilary Swank for Boys Don't Cry, Felicity Huffman for Transamerica, Glenn Close for Albert Nobbs. Bugs Bunny has been snubbed repeatedly.

7.31am: Phin: Barkhad Abdi is actually excited to meet Ryan Seacrest. That’s more heartbreaking than what happens in Captain Phillips.

7.28am: Phin: Fun fact - If Steve McQueen wins for 12 Years A Slave, he’ll be the first black director to get the Oscar. If Alfonso Cuaron wins for Gravity, he’ll be the Latino director to get the Oscar. If Martin Scorsese wins, everyone back at The Shire will be so proud. 

7.21am: Phin: Portia De Rossi just showed up. Her job is to carry Ellen’s manbag while she’s working.

7.18am: Phin: Here’s some early morning Oscar-related gossip for you to keep you entertained. So apparently Paula Patton was at a pre-Oscar party yesterday, dancing up a storm … when the DJ started playing her freshly former-husband Robin Thicke’s Blurred Lines. Roh-oh! Apparently, Paula didn’t look at all bothered and carried on dancing. Which would make that the single best performance of her career. 

7.13am: Phin: Only non-famous, unattractive people wearing rented prom dresses on the red carpet right now. 

7.04am: Phin: Genevieve will join us in a bit. She’s busy being famous on Channel NewsAsia, giving her predictions on who will walk away with Oscars. $10 says my predictions will be right-er than hers.

7.01am: Phin: My name’s Phin Wong, by the way. I work here at Today. Thanks.

7.00am: Phin: Can you smell that? That sweet combination of glorious validation and near-future disappointment all wrapped up in hopefully dubious couture? That can only mean one thing: It’s Oscar morning! If you’re one of the responsible adults who didn’t fake an asthma attack to get an MC (we hope you and your morals have a happy life together), don’t worry about missing out on the Oscar action. Flick Chick Genevieve Loh and I will be live-blogging our way through every fashion blunder, unceremonious orchestral shoo-ing off the stage, and shocking result.