bankruptcy

Starbreeze has filed for reconstruction in Swedish court to protect the company while it negotiates a long-term financial solution. Filing for "bankruptcy" will allow the company to create necessary changes in the organization and operations without having to immediately pay debts accrued before...

NCIX customer and employee data is allegedly available for sale as data brokers have purchased the servers, cracked the passwords in less than 5 minutes and are selling volumes of confidential customer and employee data for tens of thousands of dollars. Every single credit card record, address...

Brookstone has announced it's going to close 100 mall stores around the country because of reduced foot traffic. They previously filed for bankruptcy in 2014 and this latest filing really hits home for their employees. As a matter of fact many of their employees are upset because Brookstone...

Almost all of us has had our own run-ins with Mad Catz's less than spectacular peripherals. Usually, the worst one of the group is handed one of these controllers during a multiplayer session. Eurogamer has a story up about the final days of Mad Catz. The company had been struggling with...