February 05, 2009
Other failed tech: Qimonda, FakeTown, Charter Communications, Brighter Minds Media
According to the Yrsys Technology Blog, Qimonda, a chipmaker based in Germany who had a 10% share of the DRAM (those things in your computer that remember everything) market in Q3 2008 became the first major memory chip maker to file for bankruptcy following the rapid dive in memory chip prices. Doesn't say where.
Does it seem sometimes that the whole world is heading for insolvency? In the case of Faketown, a virtual world, that's exactly what happened. Faketown shut down in July due to financial troubles according to an article I recently came across in Virtual Worlds News. Looks like it was a Chapter 7 case.
Reuters reports that cable company, Charter Communications is preparing a bankruptcy petition.
If that wouldn't create a sticky mess, how about the fact that Brighter Minds Media, the publisher of software title "World of Goo," filed a Chapter 11 petition on January 28, 2009.
Does it seem sometimes that the whole world is heading for insolvency? In the case of Faketown, a virtual world, that's exactly what happened. Faketown shut down in July due to financial troubles according to an article I recently came across in Virtual Worlds News. Looks like it was a Chapter 7 case.
Reuters reports that cable company, Charter Communications is preparing a bankruptcy petition.
If that wouldn't create a sticky mess, how about the fact that Brighter Minds Media, the publisher of software title "World of Goo," filed a Chapter 11 petition on January 28, 2009.
Labels: brighter minds media, charter communications, FakeTown, Qimonda
¶ 2:48 PM
