Are things really over for Amp’d Mobile? As our sister site at TechCrunch is reporting the word is that the company has burned through $360 million in the last two years, and is now in Chapter 11 bankruptcy. Amp’d had attempted to market mobile phones to the youth market, a sector that has plenty of options. Since in many cases it is the parents footing the bill, maybe the company should have tried to appeal to them instead. The company hopes to restructure its debts, but getting customers to sign up for a mobile plan could require a seriously amp’d pitch!
Latest From Mobile
Digital magazine company Issuu is now a collaboration platform, too| Anthony Ha
Kentucky Derby attendees can now order food, place bets from their seats| Lora Kolodny
Samsung’s VR bedtime stories are cute, but really?| Devin Coldewey
Fullscreen’s new streaming service aims to be the MTV for the YouTube generation| Sarah Perez