Filed under: Business, News, P2P
Lack of investors takes wind out of Pirate Bay sale - or does it?
The Pirate Bay's recent surprise decision to sell to gaming company Global Gaming Factory and become a legal operation shocked fans of the popular torrent site. Now, it looks like the arrangement may fall through, after all.Torrentfreak is reporting that Wayne Rosso, the former CEO of Grokster who spent two weeks working with GGF to close the deal, has walked away from GGF and is not optimistic that they can raise the money to buy the Pirate Bay. The Pirate Bay crew are reportedly giving GGF a week to show them the money.
Rosso reported that GGF's plan isn't in good enough shape to attract the necessarily investors. Apparently, GGF didn't even pay Rosso what he was owed for his services. With only a week left for GGF to confirm the necessary investors, the Pirate Bay's future is in flux again. According to Peter Sunde of the Pirate Bay, though, there are no definite plans for the Pirate Bay if this acquisition doesn't work out.
Nevertheless, GGF boss Hans Pandeya remains steadfastly optimistic. Metro.se (translated) reports him as saying "a group of investors are prepared to inject 30 million SEK" to make the purchase happen. He's also pegged August 27th as the date the deal will go down.
Pandeya also mentioned ongoing negotiations with four major content providers - Universal Music, Sony Music, EMI, and Warner Music - and claimed discussions with one have reached the "final phase." Of course, that final phase could be one label telling him to shove off once and for all.
Based on Rosso's feedback, we'll just have to wait and see if Pandeya is telling the truth or talking out his...aft?
So, just how good at time waster games are you? Think you've got the stuff? Well, The World's Hardest Game 2.0 doesn't think you do.
Yes, amazingly, it's possible to have a sequel to a game called "The World's Hardest Game". It doesn't seem logically possible, since if the first one was actually the world's hardest, how could another one come along and share the moniker? It made me doubt the name in the first place. That is, until I tried the game.
The mechanics of the game are very simple. You are a small red square, ...
