Bankruptcy

Rdio, the music streaming service that was once valued as high as $500 million, has filed for bankruptcy and will be shutting down soon.

Aereo, the now-defunct online TV service, saw its assets sell for just $2 million in bankruptcy auction.

Earlier this week, electronics retailer RadioShack officially filed for bankruptcy, selling around 2000 of its stores to its largest shareholder and closing the rest permanently.

Aereo has filed for Chapter 11 bankruptcy this week, confirming that the streaming TV service is completely out of options after losing multiple court rulings.

One of the biggest pieces of business tech news on Monday was the surprise bankruptcy of sapphire display supplier GT Advanced.

SSD hard drive maker OCZ Technology Group has announced bankruptcy, also confirming it has received an offer from Toshiba to buy the company's remaining assets.

Seeking money back from bankrupt gaming company

IP included Darksiders and Red Faction

The U.S. operations division of video game pioneer Atari has filed for bankruptcy in an effort to break away from their French parent company Atari S.A.
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A group led by Google and Apple have been approved to purchase Kodak's patent portfolio for $527 million.
The photography pioneer is looking ......

Game maker THQ has filed for Chapter 11 bankruptcy, with its assets being sold to private equity firm Clearlake Capital Group for $60 million.
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Over the week, there has been a mystery surrounding cloud gaming service OnLive.
Three days ago, it appeared that the company was set to ......

The expensive, failed wireless network project LightSquared has filed for bankruptcy protection.
LightSquared, which had been hoping to deliver ......

Sprint shares are down 5 percent today after an analyst downgraded the company.
In his report, Sanford Bernstein analyst Craig Moffett says ......

According to the WSJ, Eastman Kodak will head into bankruptcy protection in the next few weeks, ending their long and horrendous tumble from the top.
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Blockbuster has said this week that they have signed a $290 million deal that will sell the chain to a group of investors which will take it ......

Summit Distribution, the studio behind the blockbuster franchise 'Twilight,' is demanding that struggling rental chain Blockbuster pay up what ......