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Having filed for bankruptcy earlier this year, ongoing troubles at Pantech have forced the company to seek a full buyout.
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.
The court has ordered the bankruptcy trustee to start liquidating the assets of the embattled bitcoin exchange.
Shuttered Bitcoin exchange has asked a Tokyo court for permission to liquidate, citing the complexities in such a rehabilitation process, the Wall Street Journal reports.
Chinese auto parts supplier Wanxiang plans to offer repurposed Fisker Karma's with V-8 engines capable of bringing the car to 200 mph.
Having recently filed plans to start the Winklevoss Bitcoin Trust, the Harvard-educated twins of Facebook lawsuit notoriety plug Bitcoin as a potential currency for economically depressed nations.
The investment will give Samsung a 3 percent stake in Sharp, a big Apple supplier that has been struggling. The deal also means a steady supply of LCD panels for Samsung.
The ailing consumer-electronics maker is on its last legs, but things could be looking up since Qualcomm bought a minority stake in December and Samsung may be investing in the company too.