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UK Retailer GAME goes into administration

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Retailer Game, owner of the Game and Gamestation chains has entered administration. The chain has 1,270 outlets in Europe and Australia and rumors have circulated for months concerning unrest at the highest levels of the chain. It was unable to agree deals with publishers Capcom and Electronic Arts for the latest titles, meaning it had to turn away customers looking to buy Mass Effect 3 during its blockbuster opening weekend. After the board informed shareholders that “it’s uncertain any of the solutions [...] being explored by the board will be successful,” the company’s share price fell by 71 percent. A week later, the company withdrew its share listing from the London Stock Exchange as its share value collapsed to from 62p a year ago to 2.39p. The company had made an overture to US Rival Gamestop for a rescue package, but it appears no buyer will appear until it’s clear there’s something worth salvaging.

UK Retailer GAME goes into administration originally appeared on Engadget on Wed, 21 Mar 2012 08:14:00 EDT. Please see our terms for use of feeds.

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US General Services Administration shifting some employees away from BlackBerry

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Author: Matthew Wilson

BlackBerry logo stock (1020)

RIM’s loss of favor among US government agencies continues as the General Services Administration, which procures goods for other agencies, has announced that it plans to move some of its 17,000 employees from BlackBerrys to iOS or Android devices. The GSA is also testing a program to allow employees to use personal smartphones or tablets on its secure servers. Because the agency is often emulated by other groups, any move away from the BlackBerry platform could augur a larger governmental trend.

Unlike with NOAA, however, the news for RIM isn’t all bad. The GSA says it has no plans to get rid of its RIM email servers, which are a major source of revenue for the company. And it isn’t planning on phasing out BlackBerrys for most users. In…

Posts Tagged ‘Administration’

UK Retailer GAME goes into administration

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US General Services Administration shifting some employees away from BlackBerry

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