Tag Archives: assets

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. The company’s stock fell 73 percent on the 19th to finish at $0.35 cents.   Last month, the company admitted it was seeking “strategic financing alternatives” as it bled cash. Clearlake […]

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Final Fantasy Versus XIII canceled?

Sources claim that it was decided “within the last few weeks”. Final Fantasy Versus XIII is dead, according to “several sources” of Kotaku. In their words, “the game, as originally intended, is done for.”    The Tetsuya Nomura-directed Final Fantasy was announced at E3 six years ago, and saw its latest major update in the form of a seven […]

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Judge declines to kill 25 Petabytes of Megaupload data

Ever wondered how much storing 25 petabytes of Megaupload data might cost you? Try $9,000 a day.  Last week, attorneys for the former top cyberlocker Megaupload came out swinging, calling the criminal prosecution of the site’s top executives “unduly adventurous,” while accusing the government of trying to destroy evidence in the case. “In essence, the […]

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