THQ bids farewell after raising $72M in asset sales
The auction process for THQ's game studios has ended.
The auction process for THQ's game studios has ended.
THQ auctioned off its properties and assets today as ordered by Delaware bankruptcy court.
THQ's bid for a quick bankruptcy process isn't turning out to be so quick.
The company says it will continue operating.
Kodak, the formerly powerful but now bankrupt camera company, has tasted victory in its ongoing patent war with Apple.
Kodak has been scrambling to maintain its very existence lately, and part of that struggle includes a lawsuit it brought against …
Apple is being sued by Kodak, the camera company that recently filed for bankruptcy, for a number of patents, which Apple says Kodak doesn’t have the right to sell.
According to Reuters, the Cupertino-based company is standing in the way …
After months of devastating setbacks, wireless network startup LightSquared is considering filing for bankruptcy, according to founder and hedge fund manager Philip Falcone on Wednesday.
Falcone, who’s Harbinger Capital Partners is majority owner of the wireless startup, said bankruptcy could …
Kodak, the beleaguered company that invented the handheld camera, is slashing its product lines in an attempt to survive a rapidly changing consumer electronics landscape.
The company began preparing for Chapter 11 bankruptcy at the very beginning of 2012; the …
Finding a Blockbuster near you will become even harder in the near future. Dish Network Corp, which purchased the video-rental retail chain last year, made a statement Thursday saying more of the retail stores would be closing down in the …
After 131 years of innovating the photography industry, Eastman Kodak is reportedly preparing for a Chapter 11 bankruptcy protection.
Kodak has been on unsteady ground ever since digital photography began decimating the print photo business in the mid-2000s. The company …
Borders, the second-largest chain of book stores, announced that it will close its 399 remaining retail locations after failing to sell to another company, reports the Wall Street Journal.
The closed chain could cause sales of traditional paperback and hardcover …
TerreStar Networks on Wednesday revealed that Dish Network had placed an opening bid of $1.38 billion for the ailing telecommunications company’s assets through a bankruptcy auction, according to Reuters. TerreStar has operated under bankruptcy protection since Oct. 19.
Dish Networks …
Guest Post
(Editor’s note: Scott Edward Walker is the founder and CEO of Walker Corporate Law Group, PLLC, a law firm specializing in the representation of entrepreneurs. He submitted this column to VentureBeat.)
A reader asks: One of our competitors just …
Brick-and-mortar movie and game rental chain Blockbuster has told major Hollywood studios that it’s preparing to file for bankruptcy next month despite several pushes to expand into online and kiosk services, the Los Angeles Times reports.
Sources close to the …
TODAY’S HEADLINES:
ViOptix pulls in $12M for tissue-oxygen sensors (release)
Tethys Bioscience raises funding, preps diabetes-prediction test (release)
Synergy Life Sciences closes $143M medical-device fund (release)
Venture-backed Go Fig. files for bankruptcy protection (VentureWire, sub req’d)
Whole-genome sequencer Knome strikes
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