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THQ files for chapter 11 bankruptcy, will be sold to the highest bidder

THQ files for chapter 11 bankruptcy, will be sold to the highest bidder
  • Posted December 20, 2012, 8:30 AM by Shawn Knight | Filed in Industry News, Gaming
  • Yesterday afternoon we published a story about THQ’s indie games bundle, aptly named the Humble Bundle. A recent bundle of the same nature netted the struggling developer and publisher more than $5 million and it appeared they were ready to…

Weekend tech reading: OnLive reboots with new owner after layoffs

Weekend tech reading: OnLive reboots with new owner after layoffs
  • Posted August 19, 2012, 2:15 PM by Matthew DeCarlo | Filed in NATW
  • "OnLive ... will continue to operate," the statement read. "...there is no expected interruption of any OnLive services." It was a statement that read as an assurance: everything is fine, we're still here, it's business as usual. But it was clear that everything wasn't fine. Earlier yesterday...

Kodak sues Apple over patent ownership disagreement

Kodak sues Apple over patent ownership disagreement
  • Posted June 19, 2012, 5:30 PM by Shawn Knight | Filed in Apple, Industry News
  • Eastman Kodak Co has sued Apple on the grounds that they are trying to interfere with the sale of a large number of patents as part of their bankruptcy restructuring plan. In a lawsuit filed yesterday in bankruptcy court in Manhattan...

Kodak files for chapter 11 bankruptcy protection

Kodak files for chapter 11 bankruptcy protection
  • Posted January 19, 2012, 3:30 PM by Lee Kaelin | Filed in Industry News
  • Eastman Kodak, the 133-year-old iconic American company that invented the handheld camera, has filed for Chapter 11 bankruptcy protection. Kodak has struggled for years, losing huge profits on the now redundant film-based cameras and responding slowly to market changes. Despite…

Kodak sells image sensor business, avoids shutdown for another year

Kodak sells image sensor business, avoids shutdown for another year
  • Posted November 8, 2011, 12:30 PM by Shawn Knight | Filed in Hardware
  • Kodak has sold its image sensor business to Platinum Equity for an undisclosed sum of cash. The move brings the company one step closer to a cash goal it wants to achieve by the end of the year to appease…

DigiNotar declares bankruptcy after major security breach

DigiNotar declares bankruptcy after major security breach
  • Posted September 21, 2011, 9:17 AM by Lee Kaelin | Filed in IT Security, The Web
  • The disgraced Dutch certificate authority DigiNotar, recently at the center of a hacking scandal, has declared itself bankrupt. The firm first realized it had been compromised July 19 but failed to make any public announcement until the end of August…

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