AfterDawn: Tech news

Bankruptcy

Rdio is dead as Pandora picks up assets for $75 million
Rdio is dead as Pandora picks up assets for $75 million
Rdio, the music streaming service that was once valued as high as $500 million, has filed for bankruptcy and will be shutting down soon. ...... 17 Nov 2015
Aereo assets sell for measly $2 million in bankruptcy auction
Aereo assets sell for measly $2 million in bankruptcy auction
Aereo, the now-defunct online TV service, saw its assets sell for just $2 million in bankruptcy auction. The company said it was expecting ...... 27 Feb 2015 - 1 comment
RadioShack is dead and Sprint will occupy most of the remaining stores
RadioShack is dead and Sprint will occupy most of the remaining stores
Earlier this week, electronics retailer RadioShack officially filed for bankruptcy, with plans to sell around 2000 of its stores to its largest ...... 08 Feb 2015 - 5 comments
Aereo files for bankruptcy, confirming it is out of options
Aereo files for bankruptcy, confirming it is out of options
Aereo has filed for Chapter 11 bankruptcy this week, confirming that the streaming TV service is completely out of options after losing multiple ...... 24 Nov 2014 - 5 comments
Did Apple possibly send sapphire supplier GT Advanced into bankruptcy?
Did Apple possibly send sapphire supplier GT Advanced into bankruptcy?
One of the biggest pieces of business tech news on Monday was the surprise bankruptcy of sapphire display supplier GT Advanced. The company, ...... 09 Oct 2014 - 5 comments
SSD maker OCZ declares bankruptcy, has offer from Toshiba for assets
SSD maker OCZ declares bankruptcy, has offer from Toshiba for assets
SSD hard drive maker OCZ Technology Group has announced bankruptcy, also confirming it has received an offer from Toshiba to buy the company's ...... 28 Nov 2013 - 32 comments
THQ creditors put in claims for over $200 million
THQ creditors put in claims for over $200 million
Now that the company has sold off its remaining assets via auction, THQ creditors have made claims in the bankruptcy case, seeking over $200 million. ...... 28 Apr 2013
Bankrupt gaming publisher THQ auctions off last properties
Bankrupt gaming publisher THQ auctions off last properties
After auctioning off most of their intellectual property in January, bankrupt gaming company THQ has auctioned off the rest of their IP. ...... 21 Apr 2013 - 1 comment
Division of Atari files for bankruptcy
Division of Atari files for bankruptcy
The U.S. operations division of video game pioneer Atari has filed for bankruptcy in an effort to break away from their French parent company Atari S.A. ...... 21 Jan 2013 - 1 comment
Judge approves Kodak patent sale
Judge approves Kodak patent sale
A group led by Google and Apple have been approved to purchase Kodak's patent portfolio for $527 million. The photography pioneer is looking ...... 14 Jan 2013 - 1 comment
Gaming company THQ files for bankruptcy
Gaming company THQ files for bankruptcy
Game maker THQ has filed for Chapter 11 bankruptcy, with its assets being sold to private equity firm Clearlake Capital Group for $60 million. ...... 20 Dec 2012 - 11 comments
OnLive acquired, all employees laid off, some re-hired
OnLive acquired, all employees laid off, some re-hired
Over the week, there has been a mystery surrounding cloud gaming service OnLive. Three days ago, it appeared that the company was set to ...... 18 Aug 2012 - 7 comments
LightSquared goes bankrupt
LightSquared goes bankrupt
The expensive, failed wireless network project LightSquared has filed for bankruptcy protection. LightSquared, which had been hoping to deliver ...... 16 May 2012
Sprint hit on report of potential bankruptcy
Sprint hit on report of potential bankruptcy
Sprint shares are down 5 percent today after an analyst downgraded the company. In his report, Sanford Bernstein analyst Craig Moffett says ...... 19 Mar 2012 - 1 comment
R.I.P Eastman Kodak
R.I.P Eastman Kodak
According to the WSJ, Eastman Kodak will head into bankruptcy protection in the next few weeks, ending their long and horrendous tumble from the top. ...... 05 Jan 2012 - 15 comments
Blockbuster reaches deal with investors for $290 million buyout
Blockbuster reaches deal with investors for $290 million buyout
Blockbuster has said this week that they have signed a $290 million deal that will sell the chain to a group of investors which will take it ...... 24 Feb 2011 - 19 comments
Studio behind 'Twilight' tells Blockbuster to pay up
Studio behind 'Twilight' tells Blockbuster to pay up
Summit Distribution, the studio behind the blockbuster franchise 'Twilight,' is demanding that struggling rental chain Blockbuster pay up what ...... 04 Feb 2011 - 12 comments
     

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