X10 Files For Chapter 11 Bankruptcy Protection
telstar writes "As a followup to the recent Slashdot story about X10 losing a $4.3 million patent infringement suit over pop-unders, X10, the wireless camera company that 'only last year billed itself as the world's largest online advertiser', have filed for Chapter 11 bankruptcy protection. This allows them to continue to operate, but they'll be shielded from creditors while they reorganize their finances - so rest easy, X10 popups are here to stay."
X10 popups have made the Web what it is today. Losing them would be like losing a part of one's body. I'm glad to hear they will still be with us.
Long live X10!
1) Spend bazillions on new web marketing campaign
2) Alienate web users with pop-unders and fake pr0n
3) ???
4) Bankrupcy!
-- @rjamestaylor on Ello
So, someone caught X10 with their pants down, so to speak?
~ Whence do you come, slayer of men, or where are you going, conqueror of space?
X10, the wireless camera company that 'only last year billed itself as the world's largest online advertiser', have filed for Chapter 11 bankruptcy protection.
That must be their new business plan:
1. Obtain protection, and change the name to X11 to 'show aprreciation' of Chapter 11
2. Sue X Consortium for trademark violation
3. Profit!
Sounds far-fetched? Well, SCO does even more fascinating stunts!
Lisp is the Tengwar of programming languages.
X10 going backrupt? That's just as depressing as the eventual announcement that Darl McBride has looted the SCO accounts and fled to the Carribean.
slashdot, news for crazed liberal socialist zealots
girl is naked, take a movie
girl is looking, picture cutie
you buy thing from pop up banner
you get wallet, purchase camera
we must destroy x10, we must destroy all internet ads
we must destroy x10, we must destroy all internet ads
window pop up on the screen
taking control of my machine
making all internet user insane
x10 profit goes down the drain
girl is naked, take a movie
girl is looking, picture cutie
you buy thing from pop up banner
you get wallet, purchase camera
we must destroy x10, we must destroy all internet ads
we must destroy x10, we must destroy all internet ads
the economy failing is x10 fault
popping up window is computer assault
window popup again and again
only solution is crush x10
we must destroy x10, we must destroy all internet ads
we must destroy x10, we must destroy all internet ads
we must destroy x10, we must destroy all internet ads
we must destroy x10, we must destroy all internet ads
- Kompressor
were you expecting to see a sig here? perhaps you'd rather see the inside of an ambulance!
So that would make them X11 then?
Well, confusing. Whats more, What are these popups you speak of? Use a decent browser and you wont have them...not at all.
In all my life, I have never been happier to read a headline than right now. X10 filed for bankruptcy directly because of pop-up ads.
Today is a great day
The three brothers that won the settlement the other day are by far the biggest creditor, so I assume that they get first crack at any assets when X10 goes under.
That's a lot of little cameras to play with.
Sorority houses had better watch out for any suspicious plumbers coming to "fix the shower".
Escape Pod Films: Sketch Comedy and Web Series
Of course they are broke! I imagine the food and housing bill alone skyrocketed after all those hot chicks kept breaking into their living rooms, bedrooms and porches.
Luckily I have a camera to keep them away...at least I think it's the camera that does it..
Wow, and I thought my checking was screwed up. Let me see... yeah, I can safely confirm that I have between $1,000 and $10,000 in my checking account right now. Sheesh
It seems that X10 has assets of $1-10M, and debts of $10-50M.
How much of that debt belongs to their bandwidth provider?
"Nevermind, we'll make it up on volume!"
Chip H.
Just when I was starting to get some good footage on the nanny-cam!
NEW! Bankruptcy special! Buy 1 X10 Super-Delux Cameramatic 5000 and get your own pop-under Javascript Code FREE!
As a multimillionaire, I can tell you that I always keep my millions in a suitcase underneath my mattress. Why? Because it really pisses people off. Though not as much as when I use $100 bills to light my cigars.