bankrupt

Business

Samsung: Hey Circuit City, Where the Hell Is Our $US74 Million?

3:30AM Matt Buchanan | Sony isn’t the only company that tried to rips its gear out of Circuit City’s broke, zombie clutches. Samsung has been asking for the bankrupt company to return $US74 million of merch from September. More »
Networks

Helio Stores And Kiosks Closing Soon, Company In Trouble?

2:59AM Jason Chen | A tipster told us that the talks between Virgin Mobile and SK Telecom/Helio are going nowhere, with Virgin backing out unless there’s some sort of bankruptcy declaration or huge liquidation. Our tipster says that Helio’s corporate stores and kiosks will be closing very soon, which is backed up by similar info from Engadget. They say that there’s no merger between Helio and Virgin, and that customers might just be moved over to Virgin’s network. More »