Posted by on under general motors corp, detroit free press, john hughes, overhang, largest automaker, mth, uaw, general motors, wager, lawmakers, reuters, gm, news articles, bankruptcy, guardian, nbsp | 
Tagi: general motors corp, detroit free press, john hughes, overhang, largest automaker, mth, uaw, general motors, wager, lawmakers, reuters, gm, news articles, bankruptcy, guardian, nbsp
Posted by on under pirate bay, aktietorget, s trading, unpaid debt, global gaming, slashdot, prospective buyer, unpaid taxes, suer, ggf, crowns, sek, sums, bankruptcy, stockholm, lt |
pharazon writes "Global Gaming Factory (GGF), the prospective buyer of file-sharing site The Pirate Bay, has been sued in the Stockholm District Court for bankruptcy due to an unpaid debt of up to 1.4 million SEK (Swedish Crowns, roughly 200k USD). The issuer is GGF's trading partner, Advatar Systems. GGF was recently de-listed from the Aktietorget.se equity market due to financial and reporting failures, but was able to re-list later. The Swedish Tax Office was also claiming large sums of unpaid taxes from the owners of GGF. The discussion in the Swedish media has been skeptical about the Pirate Bay deal due to financing issues."
Read more of this story at Slashdot.
Tagi: pirate bay, aktietorget, s trading, unpaid debt, global gaming, slashdot, prospective buyer, unpaid taxes, suer, ggf, crowns, sek, sums, bankruptcy, stockholm, lt
Posted by on under technology assets, billis, kasian, japanese media, seeqpod, franks, emi, lawsuits, evidence suggesting that, damages, bankruptcy, ceo, domain name, search engine, microsoft |
The tumultuous story of music search engine
Seeqpod is finally coming to a close. Last June, we
wrote that the company was looking to sell off its domain name, with evidence suggesting that it was about to be acquired by Microsoft. That didn't happen. We've just heard from CEO Kasian Franks that the technology assets of SeeqPod are now being sold to a "large Japanese media company" (he wouldn't divulge the name). And now the SeeqPod team is back building another company: the
Mikojo music search engine. Before we get to that though, a recap of SeeqPod's difficult year. In February SeeqPod was slapped by lawsuits from EMI and Warner Music, as the record companies looked for
billions of dollars in damages. In March, Seeqpod
filed for bankruptcy protection and put itself up for sale.
Tagi: technology assets, billis, kasian, japanese media, seeqpod, franks, emi, lawsuits, evidence suggesting that, damages, bankruptcy, ceo, domain name, search engine, microsoft
Posted by on under sarah palin, shilling, tax dollars, liberals, socialist, bankruptcy, subaru |
Usually it's a good thing when a major political figure mentions an automotive brand. Unless, perhaps, it involves tax dollars and automaker bankruptcy rescues, but hopefully we're past that now.
Tagi: sarah palin, shilling, tax dollars, liberals, socialist, bankruptcy, subaru
