CFOtech US - Technology news for CFOs & financial decision-makers

Bankruptcy stories

Moody shuttered canadian department store winter sidewalk scene

Hudson's Bay collapse ends 355 years of Canadian retail

Last month
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risk & compliance
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e-commerce
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labour
Canada's oldest retailer closed all stores after 355 years, undone by debt, digital change and declining footfall.
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23andMe bankruptcy raises concerns for genetic data safety

Wed, 26th Mar 2025
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physical security
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data privacy
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identity theft
Consumer genomics company 23andMe's bankruptcy has raised serious concerns over the security of sensitive genetic data for its 15 million customers.
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Concerns over genetic data security as 23andMe bankrupts

Tue, 25th Mar 2025
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data protection
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data privacy
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cybersecurity
Concerns escalate over 23andMe's bankruptcy as experts warn millions of users' sensitive genetic data may be at risk amid potential asset sales.
Data centre

Singapore's DCRU eyes Japanese market amid asset performance boost efforts

Fri, 3rd Nov 2023
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digital realty
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mitsubishi corporation
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global expansion
Singapore's DCRU has targeted Japan expansion as it shores up assets via various agreements, including property sales.
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DDN steps in at final hour to salvage Tintri trainwreck

Wed, 11th Jul 2018
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hyperscale
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dc
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tintri
On its day of admitting bankruptcy, Tintri can now be brought back from the brink after Data Direct Networks made a bid for acquisition.
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Avaya bankruptcy filing: What does it mean for ANZ?

Fri, 20th Jan 2017
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software
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avaya
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restructure
While news on the future of Avaya has triggered speculation on the direction of the company, Avaya Australia & NZ assures it is business as usual.