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EMI faces 2,000 job cuts

Guy Hands, the private equity owner of EMI, plans to cut up to 2,000 jobs at the ailing British music company, in a plan to rebuild the group which has sparked fury from some of... More...

Sirius CEO Faces Skeptics in Senate

A Senate committee chairman said Sirius Satellite Radio Incorporated has "a steep hill to climb" in showing that its proposed purchase of XM Satellite Radio Holdings Incorporated will not hurt competition in the audio entertainment... More...

BenQ Mobile Faces Liquidation

Taiwanese hardware manufacturer BenQ bought German-based Siemens'mobile arm for $97.5 million and created BenQ Mobile less than two years ago. BenQ Mobile filed for insolvency in September 2006, when BenQ said it was pulling out... More...

Nintendo faces a Wii lawsuit

Nintendo is facing a lawsuit over the wrist strap of the controller for its Wii games console, despite announcing that it would exchange defunct straps on 3.2 million Nintendo Wii games consoles, reports CNet News.com.... More...

China Faces EU Piracy Pressure

China has faced fresh criticism from the EU over its lacklustre efforts to tackle the country's soaring piracy rates. In April Neowin reported fresh efforts by the Chinese government to deal with the counterfeit software... More...

San Andreas faces further lawsuits

Two law firms have confirmed that they have filed lawsuits against Take Two on behalf of shareholders, claiming they lost money when the controversial GTA: San Andreas faced legal action over sex scenes unlocked in... More...

Acclaim faces NASDAQ delisting

Beleaguered publisher Acclaim has revealed that it has been threatened with delisting by the NASDAQ stock exchange authorities, as the company's share price and market value dipped below the minimum standards for the exchange. ... More...

Longhorn faces another delay

The first beta test version of Microsoft Corp.'s next major Windows client release, code-named Longhorn, probably won't be available until the second half of next year, which would represent another delay for the much-anticipated beta.... More...

AOL faces $1 billion insider trading suit

Two institutional shareholders said Monday they filed suit against AOL Time Warner, accusing Chairman Steve Case and other top executives of insider trading while using "tricks, contrivances and bogus transactions" to inflate the company's share... More...

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