bankruptcy
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‘Supercard’ Startup Plastc Goes Belly Up, Screwing Thousands Of Backers
There are dozens of ways to pay for things, but apparently, the world was not ready for one more. Plastc, the company that promised to put all of your credit cards on one chunk of plastic, is officially dead.
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Hackers Claim Mt Gox Still Has Investors’ Bitcoins
The Bitcoin exchange Mt Gox filed for bankruptcy protection last week, admitting to an outstanding debt of around $US63.6 million. Now, a team of hackers claims that the company still has investors’ bitcoins.
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A New Low For Borders: Selling IP Addresses
Like a haggard crackhead selling its socks, bankrupt Borders has resorted to selling things that don’t actually exist. That’s right — the company that once sold Ulysses and Jane Eyre is now hawking its collection of IP addresses.
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Borders Enters Administration, Kobo Assures Your eBooks Are Still Safe
Yesterday over in the US, Borders filed for bankruptcy. Through what can be seen as coincidence or providence, the company behind the Australian bookstores Borders and Angus & Robertson, RedGroup Retail, has today been placed in voluntary administration. Fortunately, Kobo have assured that all eBooks purchased through the companies are safe.