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5 Companies That Had A Rough Week

For the week ending Oct. 17, CRN looks at IT companies that were unfortunate, unsuccessful or just didn't make good decisions.

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Twitpic To Shut Down After Failing To Find A Buyer

Twitpic, the popular service for integrating photos into Twitter, will cease operations Oct. 25 because the company was unable to find a buyer.

Twitpic had announced its shutdown early last month, but then said the company might be acquired and survive. This week, Twitpic Founder Noah Everett said that while there had been a handful of potential acquirers, they couldn't reach "agreeable terms" and so Twitpic will shut down.

Twitpic has been battling a trademark complaint from Twitter.

 
 
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