bankruptcy News

Google places $900M bid for 6,000 Nortel patents

The business of smartphone production is starting to look more like the a John Grisham legal novel. While handset makers try to out-innovate each other with high-end, spec-heavy handsets consumers will flock to >>

Blockbuster’s future up for auction

The fate of Blockbuster is now up for auction. On Monday Blockbuster’s next owner, and future, will be decided. According to Reuters, it’s possible that a new owner could close the video rental >>

Nokia Siemens to acquire Nortel's LTE and CDMA assets

Canada-based Nortel, once North America’s largest telecommunications equipment manufacturer, filed for bankruptcy in January 2009 after a turnaround effort failed. As part of its bankruptcy proceedings, Nortel will sell its LTE and CDMA >>