FP Tech Desk: ‘Droid X’ Android-based smartphone released, but not in Canada
credit: MotorolaThe 'Droid X' smartphone “This is not a toy or app engine,” said Google CEO Eric Schmidt in New York on Wednesday at the official launch of the Droid X, the latest Android 2.2 (aka...
View ArticleBlockbuster means little to Canadian REITs
Blockbuster Inc.’s U.S. bankruptcy filing should have little impact on Canadian real estate operating companies and real estate investment trusts. For starters the Canadian stores are not part of the...
View ArticleWho will win Blockbuster?
Multiple bidders are expected to vie for bankrupt movie rental chain Blockbuster Inc at an auction on Monday that will decide the company’s next owner and amount of money available to pay off claims....
View ArticleDish Network wins Blockbuster auction
Dish Network Corp won Blockbuster Inc in a bankruptcy auction for about $320 million, a move that could see the second-largest U.S. satellite TV provider tapping the movie rental chain’s online content...
View ArticleOpening Bell: McDonald’s hiring wave boosts jobs gains, markets
The Opening Bell is our daily snapshot of the stock markets, including a wrap up of the must-read business stories for the day. After a week of declines, North American investors welcomed a smidgen of...
View ArticleBlockbuster announces locations set to close
OTTAWA — Receiver Grant Thornton Ltd. announced Friday which of Blockbuster Canada Co.’s locations will be closed as of June 18. The Canadian division of the movie and video-game rental chain was...
View ArticleHMV Canada sold to British turnaround firm
TORONTO — The future for big music and DVD retailers looked increasingly grim Monday with the announcement that HMV Canada, the country’s biggest record-store chain, had been sold to Hilco UK, a...
View ArticleU.S. judge OKs bonus for sole Blockbuster employee
By Nick Brown NEW YORK — Blockbuster Inc won court approval for a bonus plan for its sole remaining employee after the bankrupt movie rental chain agreed to cap the payout at US$150,000. Judge Burton...
View ArticleDish reportedly set to unveil Blockbuster-branded Netflix rival
Blockbuster might come back from the dead on Friday to take on the company that helped to bring about its demise. After Blockbuster Inc. went bankrupt in September 2010, satellite television provider...
View Article3 ways to invest in China without fear
By Chris Taylor Everyone’s obsessed with the euro zone these days, and every little rumor sends global stock markets into wild gyrations. But here’s a little secret: If you really want to know what...
View ArticleRogers shutting down video-rental business
OTTAWA — Rogers Video is getting out of the rental business as the market for DVDs continues to decline. The move, which comes on the heels of the closing of movie rental giant Blockbuster Video,...
View ArticleIndie DVD shops look for ways to survive against online and kiosks
A dimly lit and eerily quiet room might give a negative vibe, and it might make one think it’s past closing time — but the shelves are stocked and the owner is present at Invisible Cinema, there just...
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