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Atari's US business files for bankruptcy protection in a bid to restructure

Atari's US business files for bankruptcy protection in a bid to restructure

The US-based part of video game maker Atari has filed for bankruptcy protection under chapter 11 of the United States Bankruptcy Code.

It’s aiming to distance itself from Atari S.A., its parent company in France.

Author: The Fonecast
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Huawei expects 33% profit increase in 2012 financial results

Huawei has announced details of its 2012 financial results ahead of the audited figures due in April.

Global sales revenues for the year are expected to reach 220.2 billion Chinese Yuan (£22.3 billion), up 8% on 2011, while net profit is expected to be up 33% to CNY 15.4 billion.

Author: The Fonecast
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Last week at The Fonecast: 21st January 2013

Slip slidin' away

Mark Bridge writes:

There’s plenty of snow disrupting the UK – but, thanks to the mobile telecoms industry, thousands upon thousands of people are able to work from home. We’re all feeling pretty pleased with ourselves right now, aren’t we?

Pedestrians may have been skating down pavements but a different kind of trouble on the high street dominated much of last week as music, DVD and occasional mobile phone retailer HMV went into administration.

Author: The Fonecast
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Facebook expands its VoIP mobile calling service to the USA

Facebook has enhanced the iOS version of its Messenger application to enable users in the USA to speak to each other without paying call charges.

The VoIP feature was originally launched in Canada earlier this month.

Author: The Fonecast
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eBay and PayPal report a good mobile year

Online marketplace eBay has reported its fourth-quarter and full-year results for 2012, with annual revenue up 21% to $14.1 billion (around £8.9 billion).

Net income was down 19% to $2.6 billion, although the Q4 2011 figures had been boosted by the company selling its share in Skype.

Author: The Fonecast
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