Despite reluctance from three major carriers, creditors have agreed to extend Pantech's deadline for debt repayment by two years, keeping the South Korean company alive for the time being.
The third largest phone maker in Korea continues to post losses while still owing debt to various entities, including Korea's three carriers.
The defeated Bitcoin exchange, which claims to have lost nearly $400 million to hackers, is ordered to hand over any remaining bitcoins to US and Canadian customers.
Mt. Gox attorneys say in a court filing that Mark Karpeles is unwilling to travel to the US to address questions regarding the exchange's closure.
The troubled Bitcoin exchange, which claims to have lost nearly $500 million in the crypto-currency to theft, wins a brief reprieve from a pair of US lawsuits.
The Bitcoin exchange has already filed for bankruptcy on its home turf of Japan. Meanwhile, hackers deface the blog of Mt. Gox's CEO, alleging fraud.
Bad day for the big Bitcoin exchange: CEO Mark Karpeles says Mt. Gox lost some 750,000 customer bitcoins, plus 100,000 of its own.
Unable to keep up with all the pictures he takes, Danny Sullivan wonders if it's time to give up trying to organize them all. Or can cloud-based services help?
Having filed for bankruptcy earlier this year, ongoing troubles at Pantech have forced the company to seek a full buyout.
The struggling photography pioneer exits Chapter 11 as a "leaner" company working on digital imaging for businesses.