bankruptcy

Huawei CEO Warns Company May Go Bankrupt by 2025!

It’s not exactly a secret that Huawei has had more than a few challenges over the last 5 years. The biggest factor in this has undoubtedly resulted from the fact that ...

August 26, 2022 at 10:07 am by

Canadian PC Retailer NCIX Files for Bankruptcy

Sad news for Canadians (and therefore of course, the world), online PC retailer NCIX is filing for bankruptcy. NCIX is one of the largest retailers in North America servicing ...

December 4, 2017 at 3:43 pm by

Mad Catz Files for Bankruptcy

Beleaguered peripheral manufacturer Mad Catz has filed for bankruptcy following months of financial instability. The company has been struggling since 2015, when Rock Band 4, ...

March 31, 2017 at 6:54 pm by

“Tesla-Killer” Faraday Future on Verge of Bankruptcy

Faraday Future, an electric car start-up launched in the US and funded by a Chinese billionaire, was seriously considered to be a major rival-in-the-making for Elon Musk’s ...

January 23, 2017 at 7:00 pm by

Elon Musk Nearly Sold Tesla to Google in 2013

Back in 2013, when Elon Musk’s Tesla electric motor car company was on the verge of bankcruptcy, the business was nearly sold to Google, according to an excerpt from the ...

April 20, 2015 at 6:58 pm by

RadioShack Plans to Sell Customer Data

Radioshack is planning to sell its customer data, even with opposition from multiple US states. The bankrupt company is looking to recoup some money and has asked a bankruptcy ...

April 15, 2015 at 2:24 am by

RadioShack Files For Bankruptcy

After a long downfall, US electronics retailer RadioShack has filled for Chapter 11 Bankruptcy. The news will be unwelcome amongst generations of American techies, as ...

February 7, 2015 at 12:58 pm by

Zalman Denies Bankruptcy Rumors

The technology industry has been doing backflips this last couple of days. First we hear rumours that Zalman have filed for bankruptcy, now we’re hearing the complete ...

November 7, 2014 at 7:11 pm by

ZALMAN Files for Bankruptcy

Today is a sad day in the world of technology, as legendary Korean manufacturer Zalman have filed for bankruptcy. The company filed for bankruptcy on the 3rd of November in ...

November 5, 2014 at 7:31 pm by

Gowex Provides Free WiFi and a 90% False Report

Residents of San Francisco and New York are well aware of a free WiFi option offered in particular areas, with this service being run by a lesser known company named ...

July 8, 2014 at 8:25 am by

Crytek Begin Staff Lay-Offs at UK Studio – Can’t Afford Wages

It seems like there’s a bit of a tit for tat battle going on between Crytek and media reporting. It started with German magazine Gamestar reporting that Crytek were on ...

June 26, 2014 at 11:48 am by

OCZ Files For Bankruptcy While Toshiba Readies Its Offer For Buying The Company

OCZ has issued a press release announcing their filing for bankruptcy, which was expected since Nasdaq had halted the trading of OCZ stock. They have had financial issues for ...

November 30, 2013 at 10:36 pm by

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