Japanese OLED display manufacturer JOLED has decided to throw in the towel, as the company board has filed for bankruptcy protection at the Tokyo District Court. JOLED has some 33.7 billion yen (US$257 million) in liabilities and is hoping to cover some of these by selling off assets. The Innovation Network Corporation of Japan (INCJ), which is the largest shareholder of JOLED, will be taking over its R&D department, along with around 100 employees as well as its intellectual property. However, it will not take over either of JOLEDs two fabs, located in Nomi and Chiba, Japan. The two fabs employ around 280 staff and currently the two fabs building displays using JOLED's innovative printing technology for OLED displays are expected to be closed.

However, as JOLED still has supply contracts with the likes of Apple, ASUS, Eizo, LG and Sony, INCJ will continue to operate the fabs for now, to fulfil the contracts for the time being. INCJ is apparently accepting responsibility to cover JOLED's liabilities, sheltering the other shareholders of JOLED, which includes Japanese Denso and Chinese CSOT/TCL. JOLED has struggled for most of its existence, being late to market with its OLED displays and haven't been able to compete with the likes of LG and Samsung in Korea and BOE Display and CSOT in China. Hopefully INCJ will be able to take advantage of the intellectual property from JOLED, as the company is focusing on making its own line of OLED displays in the future.

Friends, fans, and former customers of CaseLabs, I have the great pleasure to announce that CaseLabs is officially back after the bankruptcy in 2018! We are now under new management and have re-located to Sweden, but don't worry, everything you knew and loved about CaseLabs will remain the same. We will carry on the spirit of CaseLabs as best as we can while updating existing models and bringing new models to the market.

Let me introduce myself very briefly: My name is Emil, I'm almost 37 years old, I live in Sweden, and I am the new owner of CaseLabs since October 2021. Ever since I first heard that CaseLabs went bankrupt I've been trying to buy CaseLabs' intellectual property. After a long and drawn-out process the trustee and I finally came to an agreement in the spring of 2021 and the purchase was finalized in October 2021. Since then Daniel and I have been working on bringing CaseLabs back to life again.

CaseLabs, one of the OG brands in the PC gaming community, went bankrupt in 2018 amid the supposed Trump tariffs, which pushed aluminium prices over 80% higher. With the company using aluminium as its exclusive material for cases, the high pricing structure of the source material forced the company to close. However, recently we have heard some rumors of CaseLabs making a comeback with the new ownership. Today, it seems like the new owner posted an online survey to get a better insight into the brand's legacy and just how valuable it is was to consumers.

Many will recall that CaseLabs made very modular cases designed for extreme water cooling. Many developed powerful rigs inside CaseLabs cases, with many still in use, thanks to the quality of the product. The new owner is Emil Rytterstedt, according to sources close to Gamers Nexus. And today, we assume that it is precisely this person that posted an online survey to get a better grasp of the community. You can check out the survey here and enter your thoughts on the brand.

Mad Catz Interactive, Inc. (the "Company") (OTC Pink:MCZAF) announced that, with the authorization and approval of its Board of Directors, it and its subsidiary, 1328158 Ontario Inc., made a voluntary assignment in bankruptcy on March 30, 2017, pursuant to the provisions of the Bankruptcy and Insolvency Act (Canada). Pursuant to the assignment in bankruptcy, PricewaterhouseCoopers Inc. ("PWC") has been appointed as the trustee in bankruptcy of the Company's estate.

The Company's wholly-owned subsidiary, Mad Catz, Inc., ceased operations and also has filed a voluntary petition for relief under chapter 7 of the United States Bankruptcy Code to initiate an orderly liquidation of the assets of the Company. In addition, certain of the Company's other subsidiaries have filed or will file for liquidation under comparable legislation in their countries of origin. The Company also announced that all of the directors and officers of the Company have resigned effective as March 30, 2017.

Point of View, the Netherlands-based technology company established in 2000, has officially been declared bankrupt by the court in Oost-Brabant. The company's majority of sales were in Europe, where it served more than 30 European countries. The company also included Point of View Taiwan, Point of View China, Point of View Hong Kong, Point of View France and Point of View United States as additional branches.

The first NVIDIA graphics cards from the company harken back to the FX 5000 series days, with the company being particularly prolific on the 8000 series, with no less than 19 graphics cards ranging from the 8400GS through the legendary 8800GT. The company's products have definitely been on the downside, however, having been relatively popular in the GTX 500 and 600 series' days. Historically an NVIDIA-exclusive AIB partner, the company branched out into other consumer products, such as tablets, laptops and computer accessories. If you need a nostalgia-inducing shot, or simply want to see what kind of products Point of View delivered, feel free to read TPU's review on the Point of View TGT GTX 680 Ultra Charged LLS 4 GB, coined by our very own W1zzard.

In the wake of Zalman's parent company Moneual getting in serious trouble over financial fraud, it was reported that Zalman is filing for bankruptcy protection. Over the weekend, Zalman's US office issued a statement, denying this. A company spokesperson for Zalman issued the following statement to the press.

I know that recently various media and other vendors are spreading rumors regarding Zalman going bankrupt over the recent scandals in Korea by our parent company Moneual. I wanted to assure you that these rumors of Zalman HQ going bankrupt are completely false. While our HQ is having some financial difficulties due to the recent troubles experienced by Moneual, Zalman is not going bankrupt.

Popular PC cooling products maker Zalman filed for bankruptcy, in midst of a huge controversy by its parent company Moneual. Executives of Moneual cooked-up sales and export figures from Zalman to markets like the United States, in a bid to pick up large fraudulent loans for the company, which it could never pay off, pushing it to bankruptcy.

The controversy came to light, when a whistleblower former-employee of Moneual took these details to the press. It's alleged that CEO Harold Park (Hong-seok), Vice President Scott Park (Min-seok) and Vice President Won Duck-yeok committed a fraud, in which subsidiary Zalman would inflate its sales and export data, to qualify for large bank loans. The trio then used it to lift US $2.92 billion in loans, which the company could never pay back. Zalman has since filed for bankruptcy protection, with the Seoul Central District Court; while the three top Moneual executives, and 13 other mid-level ones, were arrested over allegations of export fraud.

Dutch online publications report that A.C. Ryan Europe may have gone bankrupt citing an anonymous employee. The employee said that the company was a victim of "commercially-wrong decisions" by its higher-ups. The office of A.C. Ryan Europe, located in Rotterdam, The Netherlands, has been listed on a property rentals website, and nobody is answering its telephone. The company is still listed by the Dutch Chamber of Commerce as not being bankrupt. More details are awaited. A.C. Ryan specializes in media players.

Today Fox Business is reporting U.S. and European regulators approved Google Inc's $12.5 billion purchase of Motorola Mobility on Monday and said they would keep a sharp eye on the web search giant to ensure patents critical to the telecom industry would be licensed at fair prices. The U.S. Justice Department also approved an Apple Inc -led consortium's purchase of a trove of patents from bankrupt Canadian company Nortel Networks.Both the Justice Department and European antitrust authorities said that they would monitor how patents are used to ensure they comply with antitrust rules. Antitrust enforcers on both sides of the Atlantic are concerned that patents essential to ensuring communications devices sold by different companies work together are licensed for a reasonable fee.

Yes, that's right, SOPA might have been set back for now, but the vested interests from the big media corporations (music/movies/news etc) that want it implemented unsurprisingly aren't sitting idle and are pushing for ever more draconian measures aka 'SOPA Plus'. A digital music report (PDF) asks for everything that was in the original SOPA and then some, with a wishlist of seven 'fixes':

Despite numerous efforts throughout the last decade, Kodak still hasn't been able to turn its business around. The once mighty imaging company has been on a downwards trend for a long time and now, in 2012, things reached critical levels as it decided to file petitions for chapter 11 business reorganization in the U.S. Bankruptcy Court for the Southern District of New York.

According to Kodak, this move will enable it to 'bolster liquidity in the U.S. and abroad, monetize non-strategic intellectual property, fairly resolve legacy liabilities' and will allow it to 'focus on its most valuable business lines'.