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Huawei CEO Warns Company May Go Bankrupt by 2025!
It’s not exactly a secret that Huawei has had more than a few challenges over the last 5 years. The biggest factor in this has undoubtedly resulted from the fact that despite various countries rolling out deployment for technologies such as fibre internet and 5G connectivity, many have chosen to…
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Elon Musk’s April Fools Day Prank Backfires
Elon Musk’s April Fool Backfires There’s something about Elon Musk I really like. I just can’t help but feel that he’d be an awesome guy to meet and share a beer with at a bar chatting about life, the universe, and everything. He has regularly shown that he has a…
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Smartcard Maker Plastc Shuts Down, Screwing Thousands of Backers
It sounded like a great idea: having a single Smartcard to replace multiple credit cards; less cards to carry and manage. This was the idea of a startup company called Plastc Inc, who has raised more than $9 million in pre-order sales across 80,000 backers but as of Thursday, April…
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Gaming Peripheral Maker Mad Catz Delisted from New York Stock Exchange
Gaming peripheral maker Mad Catz known for their Rat series gaming mice, gamepads and arcade fightsticks has now unfortunately been involuntarily delisted from the New York Stock Exchange citing an abnormally low share price. Mad Catz has had its fair share of financial difficulties which it has denied, but many…
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RadioShack Plans to Sell Customer Data
Radioshack is planning to sell its customer data, even with opposition from multiple US states. The bankrupt company is looking to recoup some money and has asked a bankruptcy court for permission to sell some assest, part of which are customer data. The state of Texas is taking the lead…
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Why Didn’t The iPhone 6 Ship with a Sapphire Screen?
For those of you who follow the tech news heavily, you’ll remember that over a year ago Apple signed on an agreement with GT Advanced Technologies – who were at the time a niche sapphire glass manufacturer. Sapphire glass would finally put a true leap forward in mobile screen technology,…
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Zalman Denies Bankruptcy Rumors
The technology industry has been doing backflips this last couple of days. First we hear rumours that Zalman have filed for bankruptcy, now we’re hearing the complete opposite; what the hell is going on? The manufacturer has been the focus of much attention recently since its parent company, Moneual, was…
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Crytek May Go Bankrupt, Ryse Flopped, CryEngine Adoption Low
Crytek are one of the best development studios around, with brands such as Crysis to their name, they’ve long been a corner stone of high-end PC gaming. Unfortunately it looks like the studio is falling on hard times as their recent software release Ryse was about as entertaining as a…
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