bankruptcy

Fisker Karma fate goes from worse to worst with bankruptcy

Fisker Karma fate goes from worse to worst with bankruptcy

Fisker, the company behind the Karma hybrid sports car, filed for Chapter 11 bankruptcy this weekend. The company hasn't had very good luck these past few years. The company originally set out to make green cars sexy, but it has been floundering for the better part of two years due to car fires, faulty batteries, design flaws, missed milestones set by the US government, a terrible Consumer Reports Review, and Hurricane Sandy. See, no luck.

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THQ corporate offices closing doors today

THQ corporate offices closing doors today

After a whirlwind week that saw many of THQ's studios and properties auctioned off to other publishers, the company is closing the doors at its corporate offices and Vigil Games today. IGN has gotten its hands on a memo that was sent out to employees today, asking them to clear out their desks. Some employees will stay on to assist with THQ's transition to its new owners, but the ones who received this memo are serving their final day with the company.

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Remaining THQ IP to be sold off in separate process

Remaining THQ IP to be sold off in separate process

Yesterday, a bunch of studios and properties owned by THQ were auctioned off to other games publishers from around the world. Many of them found new homes, with Relic and the Company of Heroes series going to Sega and Ubisoft making a grab for South Park: The Stick of Truth. Some of the others weren't so lucky, with Darksiders developer Vigil Games not receiving any bids and remaining a part of THQ's chapter 11 proceedings.

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