• GameStop: Recession not having too big of an impact on sales

    Here’s a simple question: has the recession negatively affected your gaming? That is, are you buying less games; renting more games in lieu of buying them; selling old titles to scrap up cash for new ones (or other items)? Because if you ask GameStop’s Bob McKenzie, who’s a senior vice president of merchandising, as VentureBeat did, he’d likely say “no.”… Read More

  • Sirius XM creditors looking to sack CEO Mel Karmazin if company files for bankruptcy

    This isn’t exactly new, in the strictest definition of the word, but why let that stop us? A group of Sirius XM creditors, creditors whose money makes the company hum on a daily basis, have threatened to seek the ouster of chief executive officer Mel Karmazin if the company files for bankruptcy. (Remember: that could happen as early as tomorrow.) The WSJ notes, however, that the odds of… Read More

  • More details on Sirius XM's possible bankruptcy

    Hope you aren’t a Sirius XM shareholder. When word broke last night that the company had retained the services of some fancy bankruptcy lawyers—the worst, that bankruptcy could be filed “within days”—fans of the service, naturally, started to freak. There’s a few more details today that may be worth your time, such as the water cooler talk that this could all… Read More

  • The Internet during a recession: Welcome distraction or ruiner of dreams?

    In the late 1990s, when I used to watch Fox Sports News in the morning before school, there used to me a commercial for the Wall Street Journal. Something about two kids, both alike in dignity, but one who was raised by a Wall Street Journal-reading family, and the other, ostensibly, by a pack of wolves; wolves don’t read too well. Naturally, the kid from the WSJ-reading family went on… Read More

  • Microsoft Flight Simulator developers hit particularly hard by job cuts

    The Microsoft-owned developers responsible for the Microsoft Flight Simulator series (and the upcoming Microsoft Train Simulator) have been hit pretty hard by all those job cuts. The worst reports suggest that everyone in connection with Flight Simulator was let go. Yikes. Read More

  • Recession strikes PC sales

    The sales of new PCs — desktops and laptops and netbooks — has been on the rise every quarter since the second half of 2001. That’s a lot of quarters of continued growth, and the last five years have seen an average increase of 15%. But as we enter 2009 things are starting to slow down. Read More

  • CES 2009 will be a dull borefest because of the recession: LA Times

    If you’re going to CES in two weeks, or are visiting sites like us here at CrunchGear to get up-to-the-minute news, know this: the show will absolutely suck. That’s what the Los Angeles Times says, at least. Read More

  • Fear Kills Businesses, Dead

    It’s official. We’re in a recession. Recessions naturally inject fear and panic, which is only heightened by every discussion of market losses, layoffs, bailouts, and somber predictions. We’re only human after all; of course everything affects us personally and emotionally. Fear is not a catalyst for productivity however. With valuable advice pouring in from concerned… Read More

  • Yikes: Circuit City files for Chapter 11 bankruptcy protection

    Adios, Circuit City. You will be remembered forever as a not-good-enough version of Best Buy (even though Best Buy is pretty suspect, too.) Yes, Circuit City has officially filed for Chapter 11 bankruptcy protection. It did so last week, when we were busy talking about store closings and fake sales. It is, I think, the biggest tech-realted failure (if that’s the right word to use) of… Read More