May 10th, 2008 by
Filed under: Networking
It’d be absolutely spectacular to actually see one of these admittedly ambitious municipal WiFi projects actually work out every now and then, but instead, we’re seeing the nails start to sink into yet another citywide WiFi coffin. This go ’round, the network blanketing most of Philadelphia, Pennsylvania is on the verge of sending out its last signals unless the city can devise a plan in short order to take it over from EarthLink, who unsurprisingly wants out on the double. Unfortunately, we don’t have a great feeling about the system’s future — history has a way of forecasting, you know?
[Via CNET, image courtesy of Stippling]
Read | Permalink | Email this | Comments


Posted in wifi, internet, rip, muni-fi, Municipal WiFi, MunicipalWifi, shutdown, shut down, muni wifi, MuniWifi, pennsylvania, Philadelphia | No Comments »
March 31st, 2008 by
Filed under: Gaming
Aside from planning to axe 400 jobs as part of Sega Sammy’s most recent “turnaround efforts,” the outfit will also be closing the doors to its Korean subsidiary. Currently, Sega Korea is “handling the domestic distribution and sales of video game software, as well as the operation / sales of amusement facilities and machines,” and reportedly, the closure will be executed in the name of “global business optimization.” As it stands, there’s no set date for the branch’s dissolution, but just in case your smile wasn’t turned upside-down already, the company also stated that it would discontinue the development of a ginormous $330m arcade complex slated for construction in Yokohama, Japan — if you couldn’t guess, that one’s being shuttered so the firm can “focus its efforts on its core business to improve its performance” in short order. Seriously though, what the hell kind of company would spend $330m on arcade, anyway?
[Via Joystiq, image courtesy of USMC]
Read | Permalink | Email this | Comments


Posted in japan, business, industry, arcade, korea, south korea, SouthKorea, sega, closing, shutdown, sega sammy, SegaSammy, shut down | No Comments »
March 31st, 2008 by
Filed under: Gaming
Aside from planning to axe 400 jobs as part of Sega Sammy’s most recent “turnaround efforts,” the outfit will also be closing the doors to its Korean subsidiary. Currently, Sega Korea is “handling the domestic distribution and sales of video game software, as well as the operation / sales of amusement facilities and machines,” and reportedly, the closure will be executed in the name of “global business optimization.” As it stands, there’s no set date for the branch’s dissolution, but just in case your smile wasn’t turned upside-down already, the company also stated that it would discontinue the development of a ginormous $330m arcade complex slated for construction in Yokohama, Japan — if you couldn’t guess, that one’s being shuttered so the firm can “focus its efforts on its core business to improve its performance” in short order. Seriously though, what the hell kind of company would spend $330m on arcade, anyway?
[Via Joystiq, image courtesy of USMC]
Read | Permalink | Email this | Comments


Posted in japan, business, industry, arcade, korea, south korea, SouthKorea, sega, closing, shutdown, sega sammy, SegaSammy, shut down | No Comments »
February 8th, 2008 by
It wasn’t a pretty end for Amp’d Mobile, but even the hasty one-week extension of service, sale of customers to Prexar and asset liquidation wasn’t enough to keep creditors at bay — the bankrupt company is now suing after its former CEO for cash. Claiming that Peter Adderton “refused to perform certain aspects of his employment” and “threatened to take action that would damage” Amp’d, the lawsuit seeks some $1.15M in payments made. Amp’d is also going after some 20 other partners in similar suits, ranging from Merrill Lynch to law firm Latham and Watkins to Playboy and MTV. We’re not sure how that’s going to play out, but it looks like those rumors about the content team and properties like “Lil’ Bush” being sold off are definitely true — William Morris is in charge of shopping the group out to the highest bidder. All in all, it looks like Amp’d’s creditors aren’t being shy about getting their cash — but what repo man ever is?
[Via mocoNews]
Read | Permalink | Email this | Comments


Posted in mvno, ampd, peter adderton, PeterAdderton, shutdown | No Comments »